If you don’t have the luxury of being able to stash money away to take care of financial emergencies when they arise, it can be difficult coming up with cash quickly. Fortunately, small loans are available to alleviate the burden of unexpected expenses when they crop up between paychecks. This type of payday advance is a viable solution should you find yourself in a short-term economic bind. As Chillicothe, OH’s leading loan company, First Check Cash Advance has helped many area residents get through urgent situations.

Below, they explain how smaller payday loans are a beneficial option when you’re faced with emergency expenses:

• Minimum Eligibility Requirements: To be eligible for a small loan, there are only minimal requirements you have to meet. In most cases, you must simply show proof of identity, that you have a steady, sufficient source of income, and that you have never previously defaulted on a payday loan. 
• Speedy Approval: Since the application process is fast for small loans, many lenders approve them within hours, if not sooner. This means you can get the money you need for your emergency the same day or by the next business day at the latest.
• No Restrictions: Unlike banks and other conventional financial institutions, loan companies generally have no restrictions on what you use the money for. This allows you to pay for whatever emergency you might encounter without having to answer a myriad of questions from your lender.
• Limited Risk: Another advantage to a payday advance is that it comes with limited risk. Because these loans are for small amounts and only last a few weeks on average, there’s little chance something will occur in the meantime that will keep you from being able to pay it back.

A small loan will get you out of a tight spot fast, making it a great alternative to other borrowing methods. Contact First Check Cash Advance at (740) 779-9093, or visit them online for additional information.