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Ameet Arurkar's Articles in Finance

  • Cash Advance
    A cash advance is a small loan which is given for a short period of time. It will typically have a limit of about $1,500, and most companies will not require credit checks. Many people who take out cash advances do so to have money between paychecks. The loan will normally be given in cash and will be secured by a post-dated check. On the date that the payday loan is supposed to be paid back, the lender will try to withdraw money from the borrowers account using the check.

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