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In terms of online lending, a cash advance usually refers to a short-term loan that is quickly funded to your bank account after approval. Typically, the amount you borrow for a cash advance loan is relatively small, which often means you can pay it back in only one or two payments.

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In Store Loans: Approval depends on meeting legal, regulatory and underwriting requirements. cash advances are typically for two-to-four week terms. Some borrowers, however, use cash advances for several months. cash advances should not be used as a long-term financial solution, and extended use may be expensive.

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