…With cash loans of course because the good thing about cash loans is that
They’re convenient. Plain and simple. It takes absolutely no energy to walk into one of those cash advance places, fill out a few pieces of paperwork, and lo and behold you’ve got your cash in hand before you can say “money.” Quick credit check (not necessarily anything to worry about, though), proof of a bank account, proof of a job, and you’re good to go. Fifteen minutes, tops.
Yes, It Is a Good Thing, But….
Be careful. Because it’s so easy, it’s also easy to abuse the benefit cash loans bring to you. The point of the cash loan is when an emergency arises.
Say your loved one is in the hospital, and your insurance won’t cover all the bills; the point of the cash loan is to get some quick cash to pay for those expenses on the fly without worrying about getting your next paycheck. Or maybe you got into a car accident? Get a cash loan; it takes care of the problem quicker than you can say “crap.”
You have to remember one important aspect of cash loans: it is a loan. That means it must be paid back. If not, you’ll be forever barred from taking out more cash loans from the establishment until your previous loan has been paid off.
So while it can be a benefit, if you misuse it, it becomes quite the hassle.
Too Much of a Good Thing Can Be Bad
Remember your parents always yelling at you about too much candy? Too many trips on the roller coaster? Too much chocolate can give you acne?
The same goes for cash loans. They are a delicacy; so be sparing with them. It’s nice to get that cash immediately as an advance from your paycheck. Just remember that what you get now, you won’t get later.
So as a rule, when taking out a cash loan, only take one out if you absolutely need to, not just for convenience. Buying a flat-screen TV before the sale ends probably isn’t a valid enough reason to take out your cash loan, because in the end you’ll be paying the additional fee to get the advance anyway, so you’ll probably not save much money from the sale at all. So why the hurry?
A Saving Grace, Not an Indulgence
Be safe with your money. You’ll find just about any cash loan place wagging their finger with the warning that while they offer this benefit and it definitely can solve a lot of unexpected problems, practicing responsibility with the wonder that is the cash loan is a valuable commodity. So practice healthy.