Strange & Uncommon cash Advances

There are as many reasons to borrow cash as there are things to spend it on. individuals borrow for all of these various reasons. The boom currently being experienced by the consumer credit industry is proof of this. While there are many standard reasons why individuals will seek a cash advance, there are also many very uncommon ones.

If you think all cash advances go towards purchasing or improving a house, purchasing an automobile or taking a holiday, think again. This is by no means a comprehensive list of what individuals borrow for.

One recent study into the purposes of personal cash advances uncovered some surprising results. For example, over 57% of the individuals surveyed in this British pole believed that plastic surgery would make them happier. Cosmetic surgery can run into the thousands of pounds and as it grows in popularity, so too does it grow as a reason for borrowing cash.

Or did you know that out of the 90% of Britons who would like to change at least one aspect of their appearance, 10% of them would be willing to go into debt to do it. With plastic surgery rates rising by an average of 50% a year, what once would have been considered a very strange use of borrowed cash is becoming more and more popular. It comes as no surprise then that on the list of categories for the purposes of their cash advances that banks have on application forms, plastic surgery is joining the ranks of car and house cash advances as a standard reason to borrow.

Another area that is growing in popularity is the borrowing of cash to purchase expensive exotic pets. Imagine the reaction of the lending agent who read the application for a £15,000 cash advance to purchase a camel. Or the customer who wanted a black stallion worth over £10,000. More and more individuals are abandoning cats and dogs and choosing reptiles, monkeys and even insects as their new best friends.

Other cash advance applications have shown a property developer interested in converting a cave into a fully modern house, and a medieval knight enthusiast who wished to purchase a suit of armor for £5,000.

It is perhaps to be expected that while the types and methods of obtaining credit have rapidly diversified, so too have our various uses for it. Nowadays, not only can anyone get a cash advance, but they can get it for funding even the most hair-brained of schemes. Who knows what amusing results this will lead to?