Best Cash Advance Apps to Avoid Overdraft Fees

We all know the frustration of needing a little more cash to pay a bill or make a small purchase before payday arrives. When you need a few extra bucks to see you through to your next paycheck, an overdraft can help - but there can be significant fees to be aware of. This guide looks at how overdrafts work, how to stop going over your limit, and tools to help you get the cash you need without paying sky-high overdraft feesRead More

We have all (ok, most of us) been there! You miscalculated your expenses? Your paycheck is a bit lower this time around than usual? In this article, you will find concrete tips to prevent having an overdrawn bank account, and learn what to do when you bank account has a negative balance. Overdrafting is very convenient (you just swipe your card and use money that is not yours), but extremely expensive. An average overdraft fee costs $35 per transaction, and it can add up very quickly! We are not even talking about the extra fees that your bank might charge you if you’re staying too much time in negative. Some banks might even close your bank account and report you to ChexSystems (a consumer reporting agency), preventing you from opening a new bank account. What does overdrawn mean The definition of overdrawn is quite straightforward: it means that your checking...Read More

Sometimes, there just isn’t enough money to go around. And if you don’t keep a close eye on your checking account, you may accidentally — or intentionally — overdraft and spend more money than you have available. For this reason, it’s important that you understand how to pay an overdraft. If you sign up for a service called Overdraft Protection, you can possibly avoid overdrawing your account and paying overdraft fees. With this service, you can link a savings account or credit card to your checking account. In the event that you don’t have sufficient funds in your account to cover a transaction, the bank will transfer money from your savings or use your available credit to cover the purchase. On the other hand, if you overdraft your account and you’re not signed up for Overdraft Protection, the bank may advance the cash to make a purchase happen (and charge...Read More

Need cash quickly, even though you have insufficient funds in your checking account? If you have overdraft protection, you may be able to withdraw funds from an ATM, subject to your debit card overdraft limit. In this article, find out more about using your debit card when you have no money and also how overdraft protection works generally. Can I still use my debit card if my account is overdrawn? Whether or not you can continue to use your debit card when your checking account is overdrawn depends on what arrangements you have in place with your bank. If you have overdraft protection and you’ve told your bank to authorize and pay overdrafts for everyday debit card and ATM transactions, you may be able to continue overdrawing at your bank’s discretion. Your overdraft limit for debit card transactions will depend on your bank’s overdraft practices and your credit history. If...Read More

We’ve all been there – asking our banker, “ Can you overdraft a negative account ?” The answer is yes but it’s more tricky than you may think. Any time you spend (or trying to spend) more money than you have, it’s going to cost you in either fees or penalties. You could take steps to protect your bank account from overdrafts. But either way, playing with overdrafts will cost you money you weren’t expecting to spend. Instead of overdrafting, you can borrow money with these apps PockBox Get it now PockBox is the perfect app to top up your checking account (with up to $2,500) and use the money to buy stuff online. The process is sleek and straightforward. You will just have to give some information about yourself.The PockBox app should then connect you to the best lender possible and approve you in a matter of minutes. Go...Read More