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An advance cash loan is different from a traditional loan because the approval process focuses on the applicant's income as opposed to a combination of factors. The applicant needs to meet certain qualifications such as being over 18 years of age, netting more than $1,000 in income per month and having a bank account with direct deposit. However, there may be other qualifications required by the lender, such as having the same employer for more than three months, no more than two outstanding payday loans and no bankruptcies filed within the past three months.