Payday Loan Basics

Wednesday, 21 July, 2010



Payday Loans in 2 Easy Steps

Do you need cash but payday is weeks away? Simply fill out our fast & secure online form and you may qualify for up to a $1500 short-term cash advance. Complete your online application and follow the directions. Once approved, your cash will usually be deposited directly into your bank account by your lender.

Payday loans are essentially cash advances given on a short-term timeframe. Payday loans are called several terms, including check advance loan or post-dated check loan, but they are all the same.

Learn how to use a payday loan to your advantage. In today’s economy, along with the strict credit market, payday loans have helped many people overcome a temporary financial hardship. If you find yourself in a bind and need a little help until your next paycheck, just complete our fast & easy online form.

More and more people have taken advantage of payday loans. Payday loan aren’t just for low-income individuals or those living from paycheck to paycheck. Professional, white-collar workers have used the services of payday loans.

Get started now and you may qualify for up to $1500.

We have answers.

Payday loans help individuals just like you overcome temporary financial shortfalls. Say money is sparse, and your mechanic just estimated that it will take $500 to repair your car – the car you use to get to work. It may seem like there’s nowhere to turn. At the same time, payday loans are always there for you – so why not learn more about them?
What is a payday loan?

A payday loan is simply a short-term cash advance allowing you to borrow money against your next paycheck.
Why do people get payday loans?

People from all walks of life find themselves with unexpected expenses that simply can’t wait until payday. Unexpected bills. Car repairs. Utility reconnections. You name it – if it can happen, it probably will, right? Without access to friends or family members with money, payday loans can serve as an acceptable financial alternative – plus, they’re usually easy to secure when you’re in a financial bind.
How do I get a payday loan?

Getting a payday loan is simple! Get started now and we’ll connect you with a lender in no time!
How do I qualify for a payday loan?

You can be qualified in minutes; just complete our online form. Generally, you must have a regular income and an open bank/checking account in good standing with the ability to accept direct deposits. Also, lenders usually require that borrowers be at least 18 years old and make at least $800 a month.

Read more about payday loan eligibility.
What are the terms for payday loans?

The terms of a payday loan vary by lender, state, and individual circumstances. On a $100 loan, finance charges usually range from $15 to $30. The loan term is typically two weeks – the amount of time until the borrower’s next paycheck.

The Annual Percentage Rate (APR) for a loan of $100 with a 14 day loan term usually ranges from 391.07% to 782.14%. Complete disclosures of APR, fees and payment terms are provided by the lender in the Loan Agreement.

Read more about common payday loan terms and conditions.
What if I have bad credit?

No problem! Unlike traditional bank loans, payday loans do not require credit checks. To find out more
Payday Now- Get up to 1500 Now!



Payday Loan

Monday, 19 July, 2010

Bad Credit Personal Loans – Applying For Cash Advance Online

Getting extra cash when you need it has never been easier. Cash advance or payday loan companies approve loans for all types of people regardless of credit. Thus, if you need money for an unexpected bill or car repair, it is possible to get the needed cash within a business day.++How Cash Advance Loan Companies Work?++Cash advance or payday loan companies provide personal loans to people with good and bad credit. Getting approved is simple. Those who apply for a loan must meet certain requirements. Nonetheless, payday loan companies have lenient lending criteria.++Usually, an applicant must have steady employment, earn a minimum monthly salary, have a checking or savings account, and be at least 18-years-old. If you meet these requirements, your loan request is approved.++Furthermore, cash advance companies do not review your credit or ask for collateral. If applying for a bank loan, these two factors effect the loan approval. Once your application is approved, the payday company will deposit the funds into your checking or savings account. On average, the funds are received within the next business day.++Reasons to Choose an Online Cash Advance Lender++There are many ways to apply for a cash advance loan. You have the option of visiting a local cash advance store or applying online. The latter option is a top choice among many because it offers convenience and privacy. In addition, using the internet to obtain a cash advance loan is useful because you are able to compare different lenders.++Each payday loan company is different. Hence, companies have varying fees, loan terms, and minimum requirements. Before applying for a loan, it is important to research various cash advance lenders, and select the lender that will meet your needs. For example, if you require a longer loan term, you should apply with a lender that offers 30-day cash advance loans.++When comparing cash advance lenders online, pay close attention to the fees, interest rate, late fees, etc. On average, you can expect to pay a flat fee of $15 to $30 per $100 borrowed. Failure to repay by the due date will result in incurred interest. To avoid a snowballing effect, repay the funds as soon as possible.

Click Here to get a $1,500 cash advance wired to you in one hour!

Cash Till Payday

Sunday, 18 July, 2010

Everybody at one time or another goes through some sort of finamcial crisis. With the way the economy is going it’s not much help. People who usually are current on their bills and fiscally responsible are finding themselves living paycheck to paycheck. Cutbacks and layoffs have forced people to adapt to less money and a more frugal lifestyle. People are emptying their savings account just to pay the mortgage, car note, or just to put food on the table. With such economic conditions people are just one step away from financial ruin.

If you are living on the financial edge, there is a way out. First you have to start saving money. You’re probably saying how can I do that with the situation I’m in. Well you can, start with 5 or 10 dollars out of your paycheck each pay period. The key is to pay yourself first, have the money automatically deposited into a seperate account so you never even see it. You wont miss 5 or 10 dollars, I guarantee it and the money will build fast.

In the mean time while your money is building, payday loans can be an ideal way to deal with financial emergencies. If your car breaks down and the repair bill is $800 and you only have $400 in savings then a payday loan might be the quickest and easiest way to get money fast. A payday loan gets you cash till payday and can help you over temporary financial hurdles. Payday loans are easy to get, there is no credit check and its simply a loan against your next paycheck. Some people criticize payday loans because of high fees. But if you break down the cost of getting a payday loan versus incurring overdraft fees, late charges, and other expenses its pretty apparent payday loans can sometimes be a smart financial move for consumers in need of a short term loan

For many consumers, payday loans can be a lifesaver. For example: if your electric bill isn’t paid, your power may be disconnected. If you can’t afford to pay your car repair bill, you will have no transportation to get back and forth to work (which can result in a loss of income or a loss of your job). If you don’t pay your rent, you could be evicted. If you have no spending money, your daily living expenses, such as groceries and gas for your car, can’t be managed. And if you can’t afford the deposit on an apartment, you will have no place to live.

In conclusion, it is important to realize that although payday loans come with their share of fees and interest charges, they may allow us to eliminate other types of charges and fees and avoid inconveniences and emergency situations.

It is up to us, as consumers, to educate ourselves any time we need to secure short-terms loans; and this holds true for payday loans too. Make sure you fully understand any agreement before you sign and make it a point to check out the loan’s terms and conditions before you enter into an agreement with a payday lender.



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Stopping a Financial Meltdown with Payday Loans

Thursday, 15 July, 2010

Financial crisis pops up in just about everybody’s lives at some point. The economy being bad is just making it worse. More and more people who did not live paycheck to paycheck have to learn to live that way. Many people have been laid off and have had to learn to adapt to having less money. Savings accounts are being drained across the country just to make the mortgage payment and put food on the table. This puts people closer everyday to living on the edge.

If you are one of the unfortunate people who are now living on the financial edge you have to realize that you can save money. Saving money is possible even when you are living on less. You just have to pay yourself first before you pay everyone else. This means taking money from your paycheck and depositing it in your bank account before you spend it on anything else. If financial crisis strikes before you have enough money in savings, you can always get a payday loan to get you through; more on that later.

What are you supposed to do if you do not have enough money to cover your bills every month? The answer is simple; make more money. This may seem impossible, but really it is not. There are many things you can do to get extra money beyond your day job. The most obvious is to get a second part time job. You can also do freelance work if you are good at writing or design. When the weather is nice you can mow lawns for extra cash. If you are quick you can make up to twenty dollars an hour doing this.

About ten percent of your monthly take home income should be going into a short term savings and another ten percent should be your long term savings. The short term saving is for emergencies and should equal at least $500. It may take some time to get this much money put away and you may need help before you can do this. We all know that one trip to the emergency room or a car repair can easily equal three times this amount or more. Even if you have this much money set aside, you still may need more. This is where a payday loan can really be a life saver.

Payday loans are pretty easy to get and most of them do not require a credit check. If your car repair is a $1000 and your emergency fund is only $500 you can get a loan against your next paycheck. Many times people just forget things in these busy days. When you find yourself overextended it is better to get a payday loan than to bounce checks. There are many reasons why you may need money right away and you just cannot plan for everything. As hard as you try to do the right thing and save money every payday, you can rest assured knowing that a payday loan is an easy way to get money for any type of financial crisis.

The True Cost of Payday Loans

Sunday, 11 July, 2010

Much of the criticism aimed at payday loans is that they come with extraordinary APRs. But if we break down the cost of getting a payday loan versus incurring late fees, overdraft charges and other expenses, it soon becomes clear that payday loans may actually be a smart financial move for consumers in need of a short-term loan.
The Financial Facts

To compare the true cost of a payday loan, it is important to examine the facts:

* Overdraft fees charged by banks often far exceed the APRs of payday loans.
* Payday loan fees are often much less than late fees and over-the-limit fees charged by credit card companies.
* Payday loans are often the only solution for consumers who are unable to obtain credit.
* Payday loans are paid back within a short period of time (usually within one to two weeks), thereby eliminating long-term finance charges.
* Payday loans, because they require no credit check, are processed in just a few days (or often less).

The Savings Associated with Payday Loans

If we also examine the real cost – or savings – associated with payday loans, we quickly see that payday loans are often a smart alternative to:

* Overdraft charges
* Bounced checks
* Cash advance fees on credit cards
* Late fees
* Utility shut-off
* Eviction
* Foreclosure
* Vehicle repossession

For many consumers, payday loans come in the nick of time. For example: if your electric bill isn’t paid, your power may be disconnected. If you can’t afford to pay your car repair bill, you will have no transportation to get back and forth to work (which can result in a loss of income or a loss of your job). If your rent isn’t paid, you could be evicted. If you have no spending money, your daily living expenses, such as groceries and gas for your car, can’t be managed. And if you can’t afford the deposit on an apartment, you will have no place to live.

In conclusion, it is important to realize that although payday loans come with their share of fees and interest charges, they may allow us to eliminate other types of charges and fees and avoid inconveniences and emergency situations.

It is up to us, as consumers, to educate ourselves any time we need to secure short-terms loans; and this holds true for payday loans too. Don’t sign any agreement you don’t understand and make it a point to check out the loan’s terms and conditions before you enter into an agreement with a payday lender.

Cash Till Payday

Sunday, 11 July, 2010

You are a successful professional in your field. You have a good job and you bring home a steady paycheck. Sometimes you spend your extra money instead of saving for a rainy day. Most of the time spending the money does not matter because you do not encounter too many problems in life. Your car is fairly new and you have great health insurance. You rent your home so when something goes wrong the landlord has to fix it. You are the type of person who would never need a payday loan, right? Maybe you should not be so sure about that.

What happens when you get sick and your doctor just keeps ordering more and more tests? Your insurance company starts refusing to pay for the tests, but you still need to have them done so that you can feel better. Maybe your prescriptions are expensive and you have really high co-pays on them. You need this necessary medical treatment but you went on a shopping spree last week and spent the rest of the money you had until next payday. Now a payday loan can help you out in a difficult situation.

Even though your car is fairly new, thing can go wrong and car repairs get expensive quickly. You may have some emergency money saved up, but it may not be enough. Car repairs can easily cost thousands of dollars. The mechanic is not going to take payments and the garage will hold your car until you can pay the bill. This can be quite bad if you have to use your car to get to work. A payday loan can help you bridge this gap until you get paid again.

You can run into the same type of predicament when you have a problem in your rental home and your landlord points out that there is a clause in your lease that says that you are responsible for repairs for damage caused by your negligence. The current repairs are due to something that is your fault and you cannot pay the bill until payday because you just went on a weekend trip with your friends. A payday loan can get your home back in shape in no time.

You may believe that you are the type of person who does not need payday loans, but you may have to think again. Financial problems can catch us all off guard and they seem to strike at the most inopportune time. Bridge the gap between paychecks with a payday loan and you can forget the stress that unexpected expenses cause.

Payday Loans help Working Moms

Sunday, 11 July, 2010

Working mothers know that every dollar counts. They often have to scrip and save every month just to make ends meet. They are the masters of frugality and the queens of coupons. Working Moms manage to put in a full days work and still come home and care for their children and homes. Sometimes the unexpected happens and they need a little help.

When you have to live paycheck to paycheck even a little wrinkle in your finances can cause a disaster. There have been many working mothers who have had to skip meals to make sure that their children get enough to eat. What happens when an unanticipated bill arrives and now Mom has to choose between that bill and the electric bill? It is a sad thing to consider, but it does happen.

There are many unexpected bills a mother can face including car repairs, dental bills, medical bills, and school fees. Many Moms depend on their cars to get to work everyday. When their car breaks down there is no way for them to delay getting it fixed. Unfortunately the mechanic will not hold a check until their next payday. When Moms need to get their car back right away, they can turn to a payday loan.

Most children will have some sort of medical or dental emergency during their childhood. A lot of working moms do not have health insurance that will cover 100% of their kid’s medical bills. Co-pays and bills for prescriptions can add up very quickly. The doctor’s office is going to want their money on the day of treatment and the pharmacy will want to be paid when the medicine is picked up. No mother wants to let their child be sick, so this is another time when payday loans can assist a hard working Mom.

Sometimes it is school and friends that catch working Moms of guard. School can be expensive even when your children go to public school. There are frequent fees for everything from lunch to fieldtrips. Most Moms do not want their child to be the only one who does not get to go on a fieldtrip. When kids get invited to a friend’s birthday party and there is still a week until your next pay check, it could be time to think about a payday loan.

For working Moms life never seems to slow down. They have more responsibilities and they are carrying a great weight on their shoulders. They are responsible for holding everything together even when financial problems strike. Emergencies that cannot wait can strike at any moment and Moms have to be prepared to work out a solution. When you encounter a bill that needs to be taken care of right away and you are days away from getting your next paycheck, a payday loan might be the solution. The process is quick and confidential. Since you can usually get the money you need in just one day, you can go back to doing what you do best; being a Mom.

Cash Till Payday-Payday Loans for Emergencies

Sunday, 11 July, 2010

Life doesn’t always go as planned. In these times, we must consider situations where emergencies arise but extra cash does not.

For those individuals with little or no credit, getting approved for a credit card or a small installment loan is unlikely, particularly given the status of the economy and credit sector.

Hardworking Americans, at some point in their lives, will find themselves in a situation where they need access to cash in a short amount of time. Although we may do our best to budget accordingly based on our weekly or monthly salary, there are certainly times when the unexpected catches us off guard.

Examples of Financial Emergencies:

* It’s the coldest week of the year and your furnace decides to stop working.
* Your car unexpectedly needs a new transmission and you risk losing your job if you don’t get to work.
* A family emergency requires you to travel out of state at the last minute and you need gas money or an airline ticket.
* You just moved into your new home and you must pay to have the utilities connected.
* Your landlord requires a deposit on your new apartment and you can’t move in until you pay it.

These are just a few examples of emergencies which require cash in order to be rectified. Because not all of us have access to credit, but all of have been in a situation where we need quick cash, payday loans serve a very useful purpose for individuals in emergency situations.
How Payday Loans Save Emergencies

A payday loan may be a very useful tool for handling financial emergencies, as it is generally easy to apply for (most payday loan companies have online applications which take only minutes to complete), is ideal for individuals with little or no credit (there is no credit check involved!), and is simply borrowed against your future paycheck.

In addition, online payday loans are easy to apply for and receive, provided you have a steady job, an active bank account and proof of residency and employment. Indeed, payday loans are ideal for situations when cash can’t come quick enough.

One of the best features of online payday loans is the turn-around time. Many payday loan companies can have your application processed in as little as a few hours and have money deposited into your account in as little as 24 hours, or even less!

The next time you find yourself in a financial emergency, you may want to consider an online payday loan. Although online payday loans may not always be the solution to you financial emergencies, they can serve as a viable option when credit is not an option and cash is short.

Payday Loans – Convenience in Time of Need

Sunday, 11 July, 2010

When financial trouble strikes the first place you should turn is payday loans. They are so convenient and fast you will wonder why you ever used pawn shops or borrowed money from friends. The application process is easy and confidential and they will not even do a credit check. Anybody with a job or other verifiable source of income can get the money they need. Sometimes we need money for things that other people might not consider essential, but you want to be able to pay for them any way.

One example of this is your child getting invited to a friend’s birthday party. The party is this weekend, but you are still a week away from payday. You do not want to tell your child that they cannot go to the party, and you certainly do not want to send them without a gift for the birthday boy or girl. You can use a payday loan to buy a present and the problem is solved. This also works for parties or weddings that you are invited to. You may have a wedding coming up right before payday that you completely forgot about, or what if your aunt’s anniversary party slipped your mind. You do not want your mother to be embarrassed because you show up empty handed so you can use a payday loan to get a great gift for the happy couple.

Taking advantage of a sale is another reason you can use payday loans. Sometimes stores have sales that are just too good to pass up. These sales only occur a couple of times each year and you want to take advantage of the great prices. You might need new clothes for work or the grocery store could have low prices on pantry staples that you can use all year long. When your payday is after the sale ends, you can get a payday loan and shop away.

You may need money for something other than a dire emergency. Sometimes we just need a little help making life more enjoyable. There are some experiences that we do not want to miss; and do not want our children to miss. You can take advantage of everything life has to offer even if you do not have the money right now. A payday loan can make it happen for you and all you have to do is pay the money back when you get your next paycheck.

Payday Loans Help Avoid Embarassment

Sunday, 11 July, 2010

There are many things that people find embarrassing in life. One big one for most people is having to ask to borrow money. Still, there are times when you just do not have enough paycheck to cover your month. Emergencies happen and sometimes they happen with payday days away. It can be car repairs, doctor bills and even birthday parties. That is right, not every emergency is something unhappy. You may have a wedding to attend or a birthday party and you forgot to buy a present. There could be a big sale that ends a day before your payday. Whatever your reason, payday loans can help you make ends meet.

Back to the embarrassment of having to ask for money, are you worried that someone you know might see you coming out of a payday loan company? Well, you can relax because you can get payday loans completely on the internet. You can do it in your pajamas if that is what you really want. Applying is very easy and only takes a matter of minutes. Getting a payday loan while still at home is convenient for many reasons.

It is especially good if the reason you need the payday loan is because your car is in the shop. It is hard enough to find someone who will drive you to pick up your car, let alone take you around trying to get the money to pay for the repairs. Another good reason is a sick child. If your daughter needs to see the doctor because she has a high fever, the last thing you want to be doing is taking her out to get a loan. With payday loans you can keep her comfortable at home while you wait for the money to be deposited into your account.

Emergencies do not wait for the weekend. If you have to be at work and you need extra cash, you can apply for a payday loan in the morning before you leave. This means no taking time off work to get the application done. If you are allowed to use the internet at work you can even do it on your lunch break. Since the money will be deposited into your bank account there will be no extra trip to the bank either. Think of all of the gas you will be saving by applying online.

Whether it is embarrassment or just being lazy, hey we all have our moments, applying for a payday loan over the internet just makes sense. You can skip using your vacation days and you can skip the gas pump. If your car is in the shop you do not have to beg for a ride to the loan company, all you need is a ride to pick up your car. Payday loans online are fast and convenient. Whether you wear your favorite blue jeans or your puppy pajamas to apply is entirely up to you. When a financial emergency strikes think about a payday loan first.