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Consumer Notice: A cash advance, also referred to as a payday loan or payday advance, is a small, short-term loan that is intended to cover a borrower’s expenses until the following payday. Cash advances are intended for short-term financial relief and do not constitute long-term financial solutions.

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Another common type of cash advance that you can use to get quick currency is a credit card cash advance. Basically, this service lets you use your credit card to get cash from an ATM or bank teller. Not all credit cards allow cash advances, and those that do usually charge fairly steep transaction fees – typically 3% to 8% of the advance, as.