When is a Payday Advance Inappropriate?

The payday advance service is a dignified and cost-efficient “financial taxi” to get from one payday to another when you are faced with a small, short-term cash need. However, a payday advance is not the right choice in every situation. Just as taxi services are valuable and convenient when used for short-term transportation, but are not economical for long-distance travel, payday advances can be a convenient and less costly alternative when used for short-term cash-flow needs.

Consequently, payday advances are inappropriate when used as a long-term credit solution for ongoing budget management.

Payday advances must be used responsibly and for the intended purpose to solve temporary cash-flow problems by bridging the gap between paydays. Inappropriate use of a payday advance can create serious financial hardship.

Need help?

If you find that it is difficult to fulfill your financial obligations, or if you repeatedly fall short between paydays, we encourage you to visit a reputable, non-profit credit counselor. The National Foundation for Credit Counseling is a national network of non-profit financial care centers dedicated to helping people learn how to budget better and use credit wisely.

One toll-free call to 1-800-388-2227 will connect you to the center nearest you, or you can visit them online at www.nfcc.org.