Are you in for any cash advance?

Sunday, January 27, 2008

With Chinese New Year being just around the corner, many companies offer employees some cash advance so that they can shop for the festivities. Over the years I've seen many colleagues who happily go for it. But when it comes the time to repay the cash advance by way of salary deduction in the following month's pay check, they normally aren't in the best of moods for the entire month!

In my opinion, instead of taking your salaries in advance, it's better to take up cash advance loans. There are things known as payday loans which are small loans that help to stretch your finances until your next pay check is in.

Many people don't go for such loans because they think it's a hassle to go through the application process. Here's a little something for you: you can apply for such loans without credit checks and approvals are rather quick too. You don't even need to get out of your home or office to receive your loan, because it is electronically deposited into your bank account.

So the next time you're offered an advance salary, think twice now that you know you have other options of getting some extra cash elsewhere. It's really not a pleasant thing to get double salary in a month only to have nothing the following month!