When looking for best cash advance online same day, you will want to research many but apply with one lender at a time. Even though they are all different companies, the applications are visible to other direct lenders. No personal information is displayed, no dollar amounts are seen, no other lender will even know what company may have approved or denied your request and this last piece is what could prevent you from getting alternative money at all.
If you had a friend who asked you for $100, you would probably not even think twice in helping this person out knowing you had it to lend. It feels good to help a friend, right? On the way to the car to grab your wallet, you find out that this same friend has asked 20 other friends for the same loan. Now what are you thinking? If you had every intention of giving this money away, it probably wouldn’t faze you other than now worry what kind of trouble this friend may be in. If you expected the money to be returned to you, you may now be wondering how this friend would be able to return the money to all 20 friends. Where in line would your payoff fit? Would you ask how many of the others actually did provide the loan? What would happen if you needed it back the following week? If your friend is in a tough spot now, think about what kind of spot this person will be in when everyone expects their money back using his next paycheck.
This is a scenario similar to what an online cash advance lending company may think once they see notations that an applicant applied with several lending companies. Remember, these notations do not include private and secure data. No one but the lender on the receiving end knows how much you applied for or how much was approved. What this information does portray is that you are in a bind and could possibly have several loans out at that time. A responsible lending company would not want to stand in line for cash. Besides, how could you afford to pay them all back in just a few short weeks? An everyday risky loan just grew into a heads-up disaster.