Legit Short Term Cash Loans

Video Transcript

"Hi, this is Matt McKillen with Innovative Financial Group. The question posed to me is what are legit short term cash loans? There are a few examples I can give of some legitimate companies out there that do offer short term loans. First example is, you've probably seen those businesses that say 'Payday loans.' A lot of those companies, if you bring in your recent pay stubs for your work, they will actually give you an advance on a paycheck, knowing that it would be paid back within two weeks or thirty days, when you receive your next check. That's a viable source. Another source that's available is, a lot of the tax preparing agencies will also give you a loan, which is, basically, an advance of a tax refund. So if your tax accountant firm has....knows that you have three thousand dollars coming in a refund from the IRS, sometimes what they'll do is they'll actually give you an advance loan on that. It might be fifteen hundred, two thousand, knowing that that check will be forthcoming from the IRS and the loan would be paid off. Again, my name is Matt McKillen, and I'm with Innovative Financial Group."