Cash Advance: Get Cash Before Payday
A cash advance gets you money now and you pay it back from your next paycheck. With Cash Quick, a cash advance is a payday loan: up to $500 in Alabama, repaid in one payment in 10 to 31 days, with a fee of up to $17.50 per $100. Before you choose, compare it with a credit card cash advance or a pay-advance app – our calculator shows all three in dollars.
- Up to $500lender cash advance in Alabama
- $17.50 per $100maximum fee
- Interest from day oneon credit card cash advances
- Not in Georgiapayday-type advances are illegal
Cash Advance Cost Comparison
- Lender cash advance (AL, 17.5%)
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- as APR
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- Credit card cash advance
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- as APR
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- Pay-advance app
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- as APR
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Example inputs; use your own card's cash advance fee (often with a $10 minimum) and APR. Interest on card cash advances starts the same day.
Which Cash Advance Do You Mean?
“Cash advance” can mean three different things, and they cost very different amounts:
| Type | How it works | Typical cost |
|---|---|---|
| Lender cash advance (payday loan) | A licensed lender advances up to $500; you repay in one payment on payday | Up to $17.50 per $100 in Alabama |
| Credit card cash advance | Cash from your card at an ATM or bank, up to your cash limit | Commonly the greater of $10 or 5%, plus about 30% APR from day one (CFPB) |
| Paycheck advance app | An app advances wages you have already earned | Average $3.18 per fee-bearing advance in a CFPB study; expedite fees, tips and subscriptions add up |
Cash Advance Costs: Worked Examples
| Example | Calculation | You repay |
|---|---|---|
| Lender cash advance, $300, 14 days (Alabama maximum fee) | $300 × 17.5% = $52.50 | $352.50 (456.25% APR) |
| Credit card cash advance, $300, 14 days | max($15, $10) + $300 × 30% × 14/365 = $18.45 | $318.45 |
| Paycheck advance app, $106, 10 days | $3.18 fee, no tip or subscription | $109.18 (about 109.5% annualized) |
Card and app figures are benchmarks from CFPB research on card cash advances and paycheck advance apps, not offers; your own card agreement or app terms decide the real cost. A card cash advance has no interest-free grace period.
How to Get a Cash Advance with Cash Quick
- RequestFill out the Quick Apply form or visit our Opelika or Phenix City office.
- ReviewThe lender verifies your ID and income and checks the Alabama payday loan database.
- Terms in writingYou see the advance, the fee in dollars, the APR and the due date before you sign.
- Repay on paydayRepay the advance plus the fee in one payment on the due date.
You need Alabama residence, age 18+, a picture ID, proof of income and an active checking account. Alabama allows one renewal; after that, ask for the free four-payment repayment plan instead of renewing again.
Cash Advance in Georgia
Payday-type cash advances are illegal in Georgia. Columbus residents can apply for an installment loan or a title pawn at our Macon Road office.
When a Cash Advance Helps – and When to Pause
A cash advance helps with a single, short timing gap you can repay in full on payday. If you need one every payday, the problem is the budget gap, not the timing: talk to your billers and a nonprofit counselor, or spread the cost with an installment loan.
Pros and Cons
Pros
- Cash the same day or the next business day
- Fee shown in dollars before you sign
- No collateral
- Online or at our Alabama offices
- Bad credit doesn't rule you out
Cons
- Expensive if you renew
- The whole amount is due on payday
- $500 limit in Alabama
- A card cash advance can be cheaper for a short time
- Not available in Georgia
Cash Advance Compared
| Payday loan / cash advance | Installment loan | Title loan | Credit card cash advance | |
|---|---|---|---|---|
| How you repay | One payment on your due date | Fixed monthly payments | Monthly charge, principal at the end or paid down | Your card's minimum payment |
| Amount | Up to $500 total (Alabama) | Set by the lender and state law | $250 to $10,000*, based on your vehicle | Your card's cash limit |
| Cost | Up to $17.50 per $100 for 10–31 days | Interest over the term (APR) | Up to 25% a month (state maximum) | Fee (often 5% or $10) plus interest from day one |
| Collateral | None | Usually none | Your vehicle title | None |
| Alabama | Yes | Yes | Yes (title loan) | Yes |
| Georgia | No – illegal | Yes | Yes (title pawn) | Yes |
Where to Get Cash Advance
- Cash Advance in Opelika, AL1993 Pepperell Pkwy · 334-759-7222
- Cash Advance in Phenix City, AL1153 US-280 · 334-664-0011
Lender cash advances (payday loans) are available to Alabama residents online and at our Opelika and Phenix City offices.
If You're Having Trouble Repaying
Call your lender before the due date and ask about a payment arrangement. In Alabama, a payday lender must offer a written plan of four equal monthly payments at no extra cost before suing on an unpaid payday loan. Before taking new high-cost debt, ask the biller for an extension, check for employer hardship help, or ask a bank or credit union about a small-dollar loan.
Free, independent help:
- Consumer Financial Protection Bureau – borrowing guides and complaints, 855-411-2372.
- Alabama State Banking Department – licensed lender complaints, 334-242-3452.
- Georgia Department of Banking and Finance (installment lenders) and the Georgia Attorney General's Consumer Protection Division (payday and title pawn concerns).
- NFCC – nonprofit credit counseling; ask about any program fees.
- Active-duty service members and covered dependents: the Military Lending Act caps covered credit at a 36% MAPR. Talk to your legal assistance office.
Cash Advance FAQs
Is a cash advance the same as a payday loan?
A cash advance from a lender is a payday loan. The term can also mean a credit card cash advance or a paycheck advance app, which work and cost differently.
How much does a $300 cash advance cost?
From a lender in Alabama, up to $52.50 (17.5%), so $352.50 is due. A typical credit card cash advance of $300 for 14 days costs about $18.45 in fees and interest.
Are cash advances legal in Georgia?
Payday-type cash advances from lenders are illegal in Georgia. Credit card cash advances and licensed installment loans are different products.
Does a credit card cash advance have a grace period?
No. Interest on a card cash advance usually starts the day you take it, and a separate cash advance fee applies.
Are paycheck advance apps free?
Some offer a free standard transfer, but expedite fees, tips and subscriptions can make repeated use costly.
How fast can I get a cash advance?
In an office you can leave with cash after approval; online advances are deposited by the lender, often by the next business day.
Do I need good credit for a cash advance?
No. Lenders look at income and the Alabama payday database; bad credit doesn't rule you out, but approval is not guaranteed.
What if I need a cash advance every payday?
That points to an ongoing budget gap. Contact your billers, consider an installment loan, and get free nonprofit credit counseling.
Sources and How We Review This Page
- FTC: payday loans and cash advances explained
- CFPB: credit card cash advance fees (data spotlight)
- CFPB: withdrawing cash with a credit card
- CFPB: developments in the paycheck advance market
- Alabama Deferred Presentment Services Act
- Georgia Department of Banking and Finance: payday lending
This page is written by the Cash Quick team from the state laws and federal consumer guidance listed above and is reviewed when the rules change. It is general information, not legal or financial advice. Online requests may be reviewed by third-party lenders; approval, the amount, the APR and the fees are set by the lender and shown to you before you sign. Not every applicant is approved.
What Are You Waiting For?
See if you qualify in minutes, with no obligation. You only decide after you see the full cost.
- Free to apply
- Quick online form
- All credit types welcome
- Clear repayment terms