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Will Bad Credit Affect My Cash Advance Request?

Updated: 4/28/2022
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MaryLinda02

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8y ago

Best Answer

There is no need that you should have a good credit score to get a money advance. An undesirable credit score, including delinquencies, won't normally influence a cash advance.

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8y ago
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Q: Will Bad Credit Affect My Cash Advance Request?
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Will There A Credit Assessment After I Acquire A Cash Advance?

Whenever you acquire a cash advance, lender won't request credit reviews from the three major credit agencies. An advantage of cash advances is the fact that they’re accessible - even going to those who have below average credit.


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A cash advance is typically a loan taken out against a line of credit such as a credit card, the cash advance typically charges a substantially higher interest rate. In order to get a cash advance from a bank, one needs to provide the bank with a line of credit that they can use as collateral to the cash advance they provide, this is typically done through the use of a credit card.


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