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Cash Advance Vs Payday Loans

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Cash Advance Vs Payday Loans

I was wanting to learn more about the differences between these two loans are they the same thing? 
 
Thank you.

Answers

By Magical Credit
Hello! 

Thank you for contacting Magical Credit with your inquiry.

Cash advances and pay day loans are when you need cash until payday and they will give you an advance and you pay off the full amount when you get paid. 
 
Magical Credit is a short term private lender.
 
Our loans are installment loans and they are for 6 months to 12-24 months with loans from $500-$10,000 dollars you do however have the option to pay off your loan in full at any time without any additional penalties.
 
If you are interested in how our loans work you can always visit our website at https://www.magicalcredit.ca/faq/ 
 
Customer Service.
Level 1 (XP: 0)
2 months ago
awesome info on the differences between payday loans and cash advances

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