Traditional payday loans and similar cash advances can have a high-interest rate. In times like those, you may want the option of getting a cash advance. Maybe your car is in for unexpected expenses for repairs or you have medical bills that you need extra cash to cover. However, sometimes you get in a bind and need money fast. There aren’t many jobs where you can get instant access to cash but that’s one of the things people love about the gig economy. RSG contributor Chonce Maddox-Rhea weighs the pros and cons of the best cash advance apps for gig workers. With technology and the economy constantly evolving, cash advance companies are too.
Having quick and easy access to money is a big deal for rideshare drivers and other gig workers, but traditional cash advance options don’t offer much for us.
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