Quick cash advances based on credit cards?!

David Nelson92 said:Look, you have card issuers—specifically American Express. If you’re holding an American Express charge card, you can just call them up and request a cash advance. You tell them what you need, and within maybe five to ten minutes, you’re good to hit up the bank. You get the cash the same day, which is basically instant if you don't want to wait. The catch? If you’ve been dodging your bills, they aren't going to approve the credit. From what I've heard, you need to be a solid, on-time payer for at least six to nine months first.

That’s why I stick with American Express.

I’m with you on all counts—I’ve had nothing but good experiences with American Express. Don't fall for those predatory high-interest loans!
🙂

I am absolutely delighted to be here! Is there anything more wonderful than starting a brand new conversation with such an incredible group of people? kaže:
Since they have already exhausted every single legitimate avenue available to them—and goodness gracious, where does it end?—it seems they are left with nothing else! Is it not obvious that anyone resorting to such tactics is simply a problematic individual who can only find a way back into liquid cash through those desperate means?

I feel compelled to weigh in on this matter—it isn't simply a case of these people being "problematic," because for instance, I find myself utterly unable to secure a personal loan for my Master’s degree from Chase because I am currently registered on... $968 So, I get forty percent of my salary deposited directly into my bank account, while the rest is handed to me in cash—which, if you think about it, actually works out to be even more! $1167And even once you have finally secured that loan from certain individuals! $533 If you’re looking to finance a car, the big banks won't even look at you if your paycheck doesn't meet their strict income requirements. But how on earth are you supposed to afford home renovations or even basic repairs when the traditional lenders turn you away? This is exactly why people turn to private credit brokers instead; they can actually secure you the financing you need for everything from high-end appliances to a brand-new TV. $3333 At 36 months, you’ll be receiving your cash payout directly! $2567.

silentowl7 said:You've got card issuers like American Express. If you have an American Express charge card, you can call them up and request a cash advance. You tell them what you need, and about 5-10 minutes later, you can hit the bank. It's fast. The catch is, if you aren't staying on top of your payments, they won't approve the credit. From what I've heard, you need a solid track record for at least 6-9 months, though they're a bit more lenient with consumer credit via American Express—maybe 3 months of clean payments. That's my take, anyway. And all those sketchy loan offers you see online? They're just disguised consumer loans. You're essentially "buying" something you never even see—you just end up with less cash than what's being charged to your card. You sign for a fridge, a TV, or a washer for $2667, but you only walk away with $2000 in hand. $667 keeps the difference...

With JPMorgan Chase using Mastercard, I know it takes longer—some people claim they got it the same day, but the fastest I ever saw was three days.
That's why I stick with American Express.

Starting in December, American Express will stop issuing cash advances.

@voditeljica1 ... you really just went back and replied to a thread from 2006? 🙂

Given the current economic climate we're facing in the country, one question has been weighing heavily on my mind. What actually happens to consumer loans if the dollar were to undergo a major devaluation? I’m thinking about those typical retail loans used for big purchases—like picking up a new sofa, buying drywall supplies, or getting a high-end dryer—where you might be spread out over 36 monthly installments at, say, $33 per month. My specific question is: are these types of loans pegged to the Euro because they involve a Zabi Master card?

I suspect they’re tied together... though I can't say for certain

Tyler Richardson7 said:

I am absolutely delighted to be here! Is there anything more wonderful than starting a brand new conversation with such an incredible group of people? kaže:
Since they have already exhausted every single legitimate avenue available to them—and goodness gracious, where does it end?—it seems they are left with nothing else! Is it not obvious that anyone resorting to such tactics is simply a problematic individual who can only find a way back into liquid cash through those desperate means?

I feel compelled to weigh in on this matter—it isn't simply a case of these people being "problematic," because for instance, I find myself utterly unable to secure a personal loan for my Master’s degree from Chase because I am currently registered on... $968 So, I get forty percent of my salary deposited directly into my bank account, while the rest is handed to me in cash—which, if you think about it, actually works out to be even more! $1167And even once you have finally secured that loan from certain individuals! $533 If you’re looking to finance a car, the big banks won't even look at you if your paycheck doesn't meet their strict income requirements. But how on earth are you supposed to afford home renovations or even basic repairs when the traditional lenders turn you away? This is exactly why people turn to private credit brokers instead; they can actually secure you the financing you need for everything from high-end appliances to a brand-new TV. $3333 At 36 months, you’ll be receiving your cash payout directly! $2567.

Look, if you find yourself needing to boost your numbers for a mortgage application, there is a way to handle it within the corporate structure. You can essentially ask your employer to temporarily adjust your compensation package—essentially shifting some of your base pay into your official gross salary while reducing the cash portion of your take-home pay for a three-month window. Banks are notoriously picky about seeing those last three consecutive pay stubs when you’re applying for a loan, so this effectively smooths out your documented income. I actually went through this exact process myself recently, and everything went through without a hitch. Honestly, give it a shot; it’s certainly a much more civilized solution than dealing with any kind of back-alley money lender.

Kimberly Nguyen said:well, actually, even sooner than that....

JPMorgan Chase, 20 $0.00, 13.35% interest + 3% origination fee, 24 months, cash in hand in 3-5 days.

LP

Nicole Miller said:You can't walk a single block in this city without seeing these shady offers plastered on every damn telephone pole.
A guy I work with actually called one of those numbers once just to see what would happen, setting up a meeting with some "gentleman" who basically ran a background check on his creditworthiness using nothing but his card number. On his Visa, the limit was $2667, and the guy ended up handing him $2000 in cash. The catch? The card gets charged $8,000. So, you're looking at $667 in pure interest. My buddy was in a massive bind and needed liquid cash immediately, so he felt like this was his only move.
I honestly don't get it—how is it possible that federal investigators aren't breathing down the necks of these loan sharks? Is it really that hard to track a phone number printed on a flyer?...
It feels like the big banks issuing these cards actually love this mess because the money keeps circulating and they get their cut from the interest. Honestly, if the law allowed it, those banks would probably be running these same predatory schemes themselves.
So, I've got a couple questions for the group here:
1. If you were backed into a corner and desperately needed cash right now, would you actually resort to something like this?
2. Do you think banks should even be allowed to offer full credit limit cash advances through credit cards?

One loan always leads to more debt! Run away from credit cards like the plague!

A girl I know went through this once. It’s basically just a payday loan—quick cash, sure, but the fees will absolutely gut you.

David Nelson92 said:Speaking from my professional experience as a personal banker, I am telling you an absolute, resounding NO! Any loan that claims to be processed in a single day—or heaven forbid, within fifteen to thirty minutes—is nothing more than a predatory scam. And believe me when I say, you do not want to get caught up in one of those traps!

Do you really want them waiting on your doorstep with baseball bats?!

Oh, really? So if you're the expert personal banker, why don't you tell me how I'm supposed to pay my bills when I have zero income? Go ahead, give me some advice. Name one bank that’s going to hand out a Chase loan to someone without a steady paycheck. I'm listening...

And how exactly do you plan on paying back that Chase loan when you have zero income?

shadowpilot8 said:And how exactly do you plan on paying back that Chase loan when you have zero income?

Maybe try actually reading what I wrote before dropping such a "brilliant" question? I don't have a steady paycheck!

Quick loans - https://www.chase.com I’ve actually gone through this myself, like, more than once too. Honestly, I never ran into any issues at all, and I really don't think they're scammers or anything like that. It’s a massive company that operates all over Europe, so you can easily look them up and verify everything if you want to