Banks Are Better Alternative For Quick Loans
MYTH #3Borrowing money from a bank is a better alternative to cash advances. |
FACTGenerally, short-term loans for smaller amounts are not offered by banks. |
Banks generally don’t offer loans in the lower amounts sought by cash advance customers – an average cash advance is under $400. While new alternatives have begun to be offered by banks, they are not yet widely available and often involve complex rules and charges. We know that a cash advance isn’t the right choice for everyone, and suggest that each customer inform themselves on all available options before choosing. We believe our customers understand the benefits of a cash advance, and choose it for the reliability and clear fee structure.
