[gus_massa]

>> Further, credit cards already allow people to get cash advances in an emergency.

Cash advance from credit cards is very expensive. The problem is that $9 for $91 during 5 days is even more expensive. (It's more than 60% in a month!) When you are charging more than the credit cards, it's too much.

The problem you have is that you must charge more because you don't have enough information and leverage to ensure the users will not commit fraud. Banks know the history of each user, how much the earn, have a good lawyer team, so they can charge less. You also have processing fee, and other overhead.

Edit: Deleted a few random meaningless chars at the end. My son typed them while I was not watching.