While most loans are based on credit history and collateral, one type of loan – the personal cash advance – is available simply on the basis of holding a job.  It’s possible to borrow money against your next paycheck (in amounts ranging from $100 up to $1500, depending on your salary) if you’ve been employed for at least three months.  Credit ratings and collateral such as car or home titles are not necessary.

Personal cash advance loans (a.k.a., payday loans) are an increasingly popular way to manage bills in a timely fashion.  It’s important for anyone to keep spending within the limits of their income, but when emergencies such as medical bills, car repairs or simple bad timing come into play, a personal cash advance can be a safety net.

It’s relatively easy to get a personal cash advance loan.  Shop around and look for these features:

All-online application: Traditional payday loan stores can consume hours of time.  Instead, use your personal computer to log onto a personal cash advance lender’s website and fill in the information.  Better lenders’ applications take about ten minutes.

Approvals within 60 minutes: With no credit histories or collateral to check, a personal cash advance should be approved in less than one hour.

Funds transfer by the next morning: A personal cash advance should land in your checking account by the next business morning.  This allows you to manage financial obligations immediately – a first step toward improving a credit rating.

Customer support:  Personal cash advance borrowing should come with respectful customer service if you need it.  While speaking with a personal cash advance agent (via telephone, e-mail or online chat), inquire about the protections they provide to your personal data and money.  Corporations and banks have worked these concerns out; personal cash advance borrowers are entitled to the same degree of confidentiality and security.

Be a cautious consumer when looking for a personal cash advance.  In addition to comparing the interest and fees charged, check to see if they can deliver on these services.  A personal cash advance is a tool to manage timing concerns with personal finances – your focus should be on that, not how slow or cumbersome the loan process is.