The primary appeal of a cash advance is instantaneity. Payday lenders and banks process cash advance loan applications efficiently and once an application is approved, money is transferred to the applicant fast. After all, the purpose of a cash advance service is to provide funds to a person right away, usually because the person's next payday simply can't come soon enough. A borrower merely promises to pay the loan off by the date of maturity, or else refinance it. Usually the only requirements for a cash advance are that the borrower be at least 18 years old, a US citizen, and have a secure income. A good credit history, or any credit history for that matter, is not a requirement. This is why lenders boast secure instant cash approval.

Fast, short-term loans can be very useful for consumers, maybe even invaluable. But many services that are quick to approve applicants are also quick to take advantage of their financial vulnerability. As long as you use these types of loans without getting emotional, you should have no trouble.

Many online websites seduce applicants with guarantees of secure instant cash approval, but web-based lenders should be used with more caution than conventional banking centers. The emphasis on secure instant cash approval may only serve to encourage web browsers to immediately apply for a cash advance instead of first researching the integrity and privacy policy of the supposed cash advance service. Because applications ask for personal information, like social security number, and lenders ultimately handle their customer's finances, it is vital to approach these instant loans (especially ones offered by internet companies) with skepticism.