I hear these terms a lot because i was thinking of getting one. What’s the difference? And where is the best place to get one?
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- I am going to get a payday advance. Any suggestions on which lender?

I can get a cash advance from my credit card with about 20% APR. The interest rate is usually higher than the rate for purchases.
Payday loans charge in the neighborhood of 600% interest. It’s best to avoid payday loans. If you are short this week, you will be even shorter next week when you have to pay all that interest.
Payday loan companies don’t play fair. There are thousands of tales of payments being taken from bank accounts even after the loan has been repaid.
there is no difference. They both mean a loan till your next payday. I used to go to a place down the street from my house, but I saw a commercial and found out you can get one online for less money. A site called Spotya.com only charges $15 for every $100 borrowed. I did it in december and they had the money in my bank account the next day. But remember to only do it if your sure you can pay it back on your next payday or the fees will be higher.