When the word instant is applied to the cash advances, a credit check is not part of the cash advance. This is a high-risk cash advance which has a high rate of interest on short-term borrowings. Getting instant cash means that a credit check is not a part of the advance and is not an important factor when it comes to approving of a cash advance. If the consumer is unable to repay the money, a new lending amount is calculated and issued, and if none of the loans are repaid, an annualized rate of interest will be levied on the money borrowed. Some of the states in America prohibit these cash advances companies from issuing another cash advance to cover the first cash advance being honored. Instant cash loan, quick cash advance and credit cash advance is more of a trap associated with lending agencies. This is a form of short-term solution to your present financial crisis. Whether this will permanently solve your financial woes remains to be seen. The actual cost of the advances should be calculated with regard to the lending rate and at the same time if there is any processing fee associated with this cash advance as well as additional expenses.