When You Get Paid: The time it takes to receive cash advance is usually 24 hours or next business day. However, there a couple of companies that will wire money directly into your account within 1 hour. Other companies can take as long as 48 hours to deposit money into your account, it depends on company you go with. They should tell you up front or home page of their website should tell you when you can expect to receive funds.

Credit Check: For payday loans or cash advance loans, there usually is no credit check. Usually you just need to verify your income with a bank statement, paycheck stub or both.

Tip for saving money on fees: Here is a tip to save as much money as possible on fees. Only use check loan or payday loan from time you absolutely have to have money, until first possible day you can pay it off. To just have money sitting in your account charging you interest by day can be expensive when it doesn’t need to be. Make sure you use it for shortest amount of time possible.

3. FICO depends on each credit report, so before you apply for a home mortgage loan, if you have bad credit history, get a copy of your credit report and make sure there is nothing on there that shouldn’t be there. If there is, get it changed before you apply for home mortgage loan.

4. Wait until after you have purchased or refinanced your home before you buy anything additional on credit. More loans or higher balances can have a dramatic effect on your mortgage approval, regardless of whether or not you had over a 600 FICO score before you bought on credit.

5. Remember, FICO score is only a part of your home mortgage loan application, so if at first you don’t succeed in getting your home loan mortgage, don’t give up. Some lenders may still be willing to lend to you!

People with bad credit often don't understand how credit scoring system works. It is beneficial to find out more about it when looking to get a home loan with less than perfect credit to bad credit or when dealing with sub prime mortgage lenders.