# Cash Advance
The Cash Advance widget allows any customer to create a credit simulation to request a cash advance from a financial institution.
Through this widget, customers can select different options according to their requirements of this product.
# Installation:
modyo-cli get modyo-widgets-retail-cash-advance
Open in new tab (opens new window)
The customer can select the desired options for their cash advance and payment amount to run the simulation.
| Functionality | Description |
|---|---|
| From | Selects the card from which the cash amount will be drawn. |
| To | Displays the destination account of the requested cash. |
| Amount | This section allows you to add the requested amount in cash. |
| Payments | The customer can select the number of installments in which the requested amount will be paid |
# Simulation
The client can select the number of payments in which the requested amount will be paid.
| Functionality | Description |
|---|---|
| Total advance cost | Shows the total amount that will be charged to the card. |
| Monthly payment | Shows the amount of each monthly payment according to the established time period. |
| Monthly interest rate | Shows the monthly interest rate of the cash advance. |
| Annual Percentage Rate (APR) | Shows the annual interest rate of the cash advance. |