Released on = December 15, 2005, 1:40 pm

Press Release Author = Platinum Cash Advance

Industry = Financial

Press Release Summary = Payday loans can be a cheaper alternative to courtesy
overdraft protection in certain circumstances.

Press Release Body = Platinum Cash Advance has determined that a payday loan can be
a cheaper alternative to courtesy overdraft protection in certain circumstances.
With a little planning, consumers can save money with a payday loan.

Courtesy overdraft protection is essentially an instant loan provided by the
consumer's bank to cover an overdraft. The fees involved are high - $20 to $30 per
transaction. This means that if a consumer overdraws their account by $100, but it
takes four checks to get there, they will be charged between $80 and $120 in
addition to owing the $100 of overdraft. A typical payday loan costs $25 for the
same $100.

If the consumer knows they are going to overdraw their account, they can plan ahead
and obtain a payday loan from a company like Platinum Cash Advance. This little bit
of planning can save the consumer significant amounts of money.

For more information, please visit Platinum Cash Advance at
http://www.platinumcashadvance.com.

Web Site = http://www.platinumcashadvance.com

Contact Details = 4110 N Scottsdale Rd, Scottsdale, AZ 85251
info@platinumcashadvance.com