There are times when you do not have cash on hand. You do not want to add to your credit cards and be paying for this small amount for months or years. Borrowing from a relative is looking for trouble. Therefore, you get quick cash loans from direct lenders £££. You probably will not be able to get one from your boss, if you do, pay it back as quickly as possible. It will be for only a small amount and could be taken out of your next two checks.
Another possibility is a payday loan for the small amount you need immediately. The interest is high, but you will be paying back this amount, of probably no more than £500-700, back to the lender in about two weeks. You needed the money for a gift for your child. You did not want to disappoint your child. Maybe your car broke down and you would rather pay cash than have it piled onto your credit card. To go without your car could make you late for work and it is possible that in these times you would be terminated. The cash advance loan for your car is a necessity.
Never get a cash for something you do not need. Certainly not for eating out in a fancy restaurant. Paying your utility bills is a necessity, a new HD television can wait until you have built up some cash reserves. You do not want to be late paying your credit card bill, because your rates will go up and you might have the card canceled.
A cash loan is something you take for emergencies and for relatively small amounts of cash. It is easily transferable to your checking account and can be done almost instantaneously. You must be disciplined to pay the quick cash advance back as soon as you can, even if other sacrifices must be made. You do not want to incur added penalties and make an already high interest rate higher. Like in all things financial, discipline is an integral part of dealing with money. You cannot spend (credit report) what you do not have, only the government can do that.