With money lending tighter than in previous years, the 0 (zero) APR cash advance credit card seems too good to be true. And it is, almost always, as those lenders can easily and quickly hike those rates after an introductory time period or as a penalty for late payments (quite often, both conditions apply). It is not unusual for a 0 APR cash advance credit card to cost the user an effective 29% APR on charges when those conditions occur.

What then is your alternative to a 0 APR cash advance credit card? Or what can you do if your 0 APR cash advance credit card rate will increase dramatically because you are having trouble making your next payment?

A payday loan might be your smart alternative. Whether it is to avert a missed payment on a credit card or any other outstanding bills, or simply to make a purchase without using a credit card at all, an online payday loan offers several advantages:

• Clearly-stated fees and charges, online where you can find them at any time.
• Simple, no-fax online application - unlike credit card or loan applications made through the mail.
• Quick approval: Most applications are cleared in one hour or less.
• Cash by the next morning, electronically deposited in your bank account.
• Utmost security and confidentiality, using the same protections that multimillion dollar corporations use to secure their money and information. And no bills in the mail that can get lost or stolen, as with 0 APR cash advance credit cards.

Smart money managers know to look at 0 APR cash advance credit card offers in relation to other financing alternatives. When time, simplicity and security matter, a payday loan might prove to be the better option.