About MY CASH ADVANCE
MY CASH ADVANCE is a tribal lending entity owned and operated by the Otoe-Missouria Tribe of Indians. Established in 2020, they provide online loan solutions designed to help customers address short-term financial needs with flexible repayment options.
As a tribal lender, MY CASH ADVANCE operates under the sovereign immunity of the Otoe-Missouria Tribe of Indians, allowing them to offer loan products that may differ from those regulated by state laws. They specialize in providing payday loans, lines of credit to borrowers with various credit backgrounds, including those with less-than-perfect credit.
Loan Types
Payday Loans, Lines of Credit
Loan Amounts
$850 - $5,500
APR Range
215% - 430%
Funding Time
As soon as next business day
Contact Information
Website
www.myadvance.comAddress
250 Financial WayPhoenix, AZ 25077
United States
Loan Products Offered by MY CASH ADVANCE
MY CASH ADVANCE offers several loan products designed to meet different financial needs. Below is detailed information about each type of loan they provide:
Payday Loans
MY CASH ADVANCE's payday loans are short-term loans designed to help you cover expenses until your next payday. These loans typically range from $100 to $1,000 and are due in full on your next pay date.
Key Features:
- Quick funding, often within one business day
- Simple application process with minimal documentation
- Available to borrowers with less-than-perfect credit
- Single payment due on your next payday
- Higher APRs compared to other loan products (typically 215%-430%)
Lines of Credit
MY CASH ADVANCE's line of credit offers flexible access to funds up to your approved credit limit. You can draw funds as needed and only pay interest on the amount you borrow.
Key Features:
- Revolving credit line up to $${(lenderData.maxAmount * 0.8).toLocaleString()}
- Draw funds only when you need them
- Pay interest only on the amount borrowed
- Minimum payments based on outstanding balance
- Ability to re-borrow funds after repayment
Loan Comparison
| Loan Type | Amount Range | Term Length | APR Range | Funding Time |
|---|---|---|---|---|
| Payday Loans | $100 - $1,000 | Until next payday (14-30 days) | 215% - 430% | Next business day |
| Lines of Credit | Up to $4,400 | Revolving | 205% - 400% | Next business day |
Customer Reviews & Testimonials
The installment plan from MY CASH ADVANCE made it so much easier to manage my repayments. I appreciate how transparent they were about all the terms and fees.
The application process with MY CASH ADVANCE was incredibly smooth. I received the funds the next day and was able to cover my emergency expenses without any hassle.
I've used MY CASH ADVANCE multiple times now, and they've always been reliable. The online application is straightforward, and funding is consistently fast.
MY CASH ADVANCE provided the loan I needed, but I would recommend carefully reading all the terms. The total cost of the loan was significant over time.
The interest rate was higher than I expected, but MY CASH ADVANCE was upfront about all costs. The convenience and speed of funding made it worth it for my emergency situation.
Note: These reviews represent the experiences of individual customers and may not reflect everyone's experience with MY CASH ADVANCE. Loan experiences can vary based on individual financial situations, loan terms, and other factors.
How to Login to MY CASH ADVANCE's Website
Accessing your MY CASH ADVANCE account online is simple and allows you to manage your loan, make payments, and view your account details. Follow these steps to log in to your account:
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Visit the Official Website
Open your web browser and navigate to www.myadvance.com.
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Locate the Login Area
Look for the "Login" or "My Account" button, typically located in the top-right corner of the homepage.
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Enter Your Credentials
Enter your username/email and password in the designated fields. These credentials were created when you first applied for your loan.
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Click "Login" or "Sign In"
After entering your credentials, click the login button to access your account dashboard.
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Navigate Your Account Dashboard
Once logged in, you can view your loan details, check payment due dates, make payments, update your personal information, and more.
Helpful Tips:
- Forgot Password? If you can't remember your password, look for the "Forgot Password" link near the login form. Follow the instructions to reset your password via email.
- First-Time Login: If this is your first time logging in, you may need to set up your online account using information from your loan agreement.
- Security Best Practices: Always ensure you're on the official MY CASH ADVANCE website before entering your credentials. Look for "https://" in the URL and a lock icon in your browser's address bar.
- Session Timeout: For security purposes, your session may automatically log out after a period of inactivity. Save any changes before stepping away from your computer.
Need Help Logging In?
If you experience any issues accessing your account, contact MY CASH ADVANCE's customer support team:
- Phone: 815-177-1069
- Email: [email protected]
- Hours: Monday-Friday, 8am-8pm EST
Frequently Asked Questions About MY CASH ADVANCE
Frequently Asked Questions
Find answers to common questions about tribal installment loans.
MY CASH ADVANCE offers Payday Loans, Lines of Credit with amounts ranging from $850 to $5500. Their loans are designed to help customers address short-term financial needs with flexible repayment options.
After approval, MY CASH ADVANCE typically deposits funds into your bank account by the next business day. In some cases, same-day funding may be available if your application is approved before 11:30 AM Eastern Time on a banking business day.
To qualify for a loan from MY CASH ADVANCE, you generally need to: be at least 18 years old, have a regular source of income, have an active checking account, be a U.S. citizen or permanent resident, and provide a valid email address and phone number.
MY CASH ADVANCE's loans typically have APRs ranging from 215% to 430%, depending on your specific loan terms, amount borrowed, and repayment schedule. It's important to review your loan agreement carefully to understand the exact cost of your loan.
MY CASH ADVANCE may perform credit checks as part of their approval process, but they typically consider factors beyond just your credit score. Many customers with less-than-perfect credit are still able to qualify for their loan products.
Repayments for MY CASH ADVANCE loans are typically made through automatic withdrawals from the same bank account where your loan funds were deposited. The specific repayment schedule will be outlined in your loan agreement.
Yes, MY CASH ADVANCE allows early repayment of loans without prepayment penalties. Paying off your loan early can help you save on interest charges.
Our Verdict on MY CASH ADVANCE
MY CASH ADVANCE offers accessible loan options for borrowers who may have limited alternatives due to credit challenges or urgent financial needs. Their streamlined application process and quick funding make them a viable option for emergency expenses.
However, like most tribal lenders, their loans come with high interest rates and fees. While they provide transparency about their terms, borrowers should carefully consider the total cost of borrowing and only use these loans for short-term financial needs when other lower-cost options aren't available.
Pros
- Quick and easy application process
- Fast approval decisions, often within minutes
- Next-day funding for approved loans
- Available to borrowers with less-than-perfect credit
- Flexible loan options with installment repayment plans
Cons
- High interest rates compared to traditional lenders
- Potential for additional fees
- Not available in all states
- Higher cost of borrowing makes these loans expensive for long-term use
- Tribal lender status means different regulatory oversight than state-licensed lenders