What do we provide here, in USA Cash Advance?

A payday loan is a small, short-term unsecured USA loan, regardless of whether repayment of loans is linked to a borrower's payday. The USA payday loans are also sometimes referred to as "US cash advances," though that term can also refer to cash provided against a prearranged line of credit such as a credit card. Payday advance loans rely on the consumer having previous payroll and employment records. Legislation regarding payday loans varies widely between different states of USA.

To prevent usury (unreasonable and excessive rates of interest), some jurisdictions limit the annual percentage rate that any lender, including US payday lenders, can charge. Some jurisdictions outlaw payday lending entirely, and some have very few restrictions on payday lenders. In the United States, the rates of these loans were formerly restricted in most states by the Uniform Small Loan Laws.

There are many different ways to calculate annual percentage rate of a loan. Depending on which method is used, the rate calculated may differ.

Although some have noted that these loans appear to carry substantial risk to the lender, it has recently been shown that these loans carry no more long term risk for the lender than other forms of credit. These studies seem to be confirmed by the SEC 10-K filings of at least one lender.