Can You Borrow Up To $50k? Read This FTC.gov Information Regarding Personal & Title Loans Before Anything!

Representative Cost of Loan – Payday loans range in size from $100 to $1,000, depending on state legal maximums. The average loan term is about two weeks. Loans typically cost 400% annual interest (APR) or more. *varied by state. The finance charge ranges from $15 to $30 to borrow $100.

Certainly, it’s possible to get these funds – And you’ve got to be cautious – Make sure you’re educated about these types of loans before agreeing to any lender’s terms.

We encourage everybody who’s looking for Payday Loan information & Title Loan information to first, and foremost, check these official FTC articles:

https://www.consumer.ftc.gov/articles/0097-payday-loans

& Title Loans, Here:

https://www.consumer.ftc.gov/media/video-0101-car-title-loans

 

Please remember that these are not long term, financial solutions. This isn’t a solution for the greater future – You should always rely on solid financial planning before taking out a loan of this nature.

 

 

Posted by Keith, 2 comments
2 Steps – Quick and Easy Cash Advance/Title Loans

2 Steps – Quick and Easy Cash Advance/Title Loans

(Sponsored Content) Quick and Easy Cash Loans

A cash advance loan is a small amount of borrowed money that is shelled out by a lender, and deposited straight to your bank account. So, if you’re in need of quick cash for unexpected situations such as emergencies, cash advance loans are your easiest solution.

Title Loans typically have a higher loan amount because they’re secured by an automobile’s title. These can go all the way up to $30,000, even $50k in rare circumstances.

How These Loans Work?

You can send your loan application to a lender. Once your application is accepted, you’ll have to pay the money on an agreed date by the lender and yourself. You will pay back the money with interest. Initially, you will request for an amount of money to borrow. Your lender will let you see how much you’re going to pay for every month depending on the payment option. If your interest or APR is low, you may perhaps borrow a higher sum of money with the same payment scheme. Some lenders charge for application fees and upfront fees.

Because of this, it is crucial that you pick the right loan provider carefully and do a thorough research so you don’t get into financial trouble. Know that loan applications affect your credit score. When your application is approved by the loan provider, then the amount you requested will be delivered straight to your savings or checking account.

How to Decide for the Right Loan?

Before agreeing into a loan contract, you must first determine the amount of money you need to borrow. When you’ve decided on the amount, make sure to carefully check the agreement or the terms and conditions of the lending companies when comparing them. Another important thing to deliberate are the document processing and the time it will take before the funds can be transferred to your savings or checking account. Some money lenders charge certain fees prior to entering into the loan contract. So, make sure you know all the particulars before going into a loan contract.

Before opting for a cash loans, be sure to do some research. Also use helpful budgeting calculators or tools to determine what you can manage to borrow and eventually pay back. Most cash loan providers offer online application process. Make sure to check if the loan providers are legitimate. You surely don’t want to give out your personal and financial information to people or company who are just scams.

Best Place For Loans  – Check Into Cash

  1. Visit Check Into Cash and Complete Their Easy Application

  2. Receive funds as soon as 1 business day.

 

 

 

Posted by Keith in Basic Information, Payday Loan Info, Reviews, 16 comments
Cash Advances in Times of Need

Cash Advances in Times of Need

Cash advance or payday advance loans are intended to give you the means of meeting your monthly commitments by providing you cash while you’re waiting for your payday. They are short-term lending provisions to enable you to pay your unforeseen and urgent expenses.

Why Make Use of Payday Advance Loans?

We all know how it is when unexpected bills or expenses arrives, such as an urgent home repair. If you can’t cover the funds until payday, a cash advance may save you until that next pay comes.

How They Work

Applying for a cash advance couldn’t be any simpler. All you need to do is go online and complete the application form. Before providing your personal information, make sure that the lending service you’re using is legitimate by doing a research. Make sure to answer all questions truthfully to ensure that your application will be approved within hours. The great thing about online payday advance loans is that you no longer have to leave your house or office. Online applications will update you straight away if the funds can be released.

Several repayment options are made available so that you can remain on top of your finances. Interest can be high, but if you pay your loan on your next payday (payday loan), your accountability will not be prolonged. Consider that the funds you’re getting are yours, you’ve worked for it. But you’re just getting them in advance. By having this in mind, you’d be able to avoid asking for an extension. Extensions will incur more interests.

Cash Advance Uses

  • Car repair

  • Appliances repair/purchase

  • Travelling

  • Home repair and improvements

  • Unexpected bills

Tips in Applying for Cash Advance Loans

  • Always contemplate before you commit to any form of credits.

  • Before getting a loan, ensure that you can pay it back on time to avoid more interests.

  • Always keep up with your monthly payments.

  • Not paying on time affects your credit rating which may as well make getting credit more inflated in the future.

Payday advance loans make you financially at ease knowing that you have the funds to instantly help you in times of need. You can decide how much cash to advance depending on the emergency you have.

Posted by Keith in Basic Information, Financial Safety, 9 comments
Easy Ways to Get  a Payday Advance

Easy Ways to Get a Payday Advance

What is a Cash Advance?

A cash advance is an instant, short-term loan from lenders or banks. This is also a service provided by credit card issuers granting cardholders to loan a specific amount of cash. Cash advances usually feature high interest rates, plus fees. Nevertheless, they appeal to borrowers since they offer easy approval and fast funding.

Cash Advance Types

1. Credit Card Cash Advances

Borrowing cash through your credit card company is another option. Depending on your credit card company, the funds can be given to you through a check or into your ATM. Credit card cash advances generally entail a high interest rate. Rates are higher than your regular purchases. On top of that, the interest will begin to accrue instantly without any grace period. Credit card advances also include a fee; either a percentage of the loaned amount or a flat rate. In general, credit card advances don’t qualify for low-interest rate offers. However, they are very easy and quick to obtain.

2. Payday Loans

The loans are particularly short-term and they have to be paid back on your next payday, unless if you ask for an extension. Additional interest will be charged in that case. The process can also be as fast as applying for a credit card cash advance. In order to get your payday loan, you need to write a postdated check for your lender with the amount you will be borrowing, plus fees if applicable. Your lender will send the fund directly to your bank account and will then cash your check when your payday comes. These days, some lenders will let you sign an arrangement for automatic payment to their bank accounts.

3. Merchant Cash Advances

Merchant cash advances relate to loans received by merchants or businesses from lenders or banks. Businesses with inadequate credit use cash advances to support their activities. In some cases, their advances are paid with impending credit card notes. Sometimes, their advances are also paid with a percentage of the funds they receive from their sales.

There are other types of cash advances available in the market. However, the common features among all of them are their high interest rates and fees. A cash advance is a quick and easy way to save you from emergency bills.

Posted by Keith in Financial Safety, Payday Loan Info, Reviews, 3 comments
Where to Find Payday Loans Near Me?

Where to Find Payday Loans Near Me?

 

It is comprehensible that you may be frantic when you really need money, but bad credit is what you have. You cannot possibly go for unsecured loans from bank and to obtain a secure loan, you need a collateral, which you also don’t have. So, what’s next? You need to ask yourself where is the payday loans near me as that could be the only option you have.

Payday Loan Stores

This is if you are residing in a remote town, the response to the question ‘’where is the payday loans near me?” could be a payday loan store. Sometimes, they may tag themselves as currency exchanges or check cashing stores; you don’t have to worry as they all have the same procedure. This is what you must do: submit your application letter and provide at least one post-dated check. It will be easier if you are approved and if you are employed, so you can walk out there with cash in your hands.

The situation may be different if your bank account fund is too low to cover the post-dated checks, then you will be charged with additional fees by your bank and the payday lender will also charge you with late fees. Repetition of this may cause you to lose your account.

Online Direct Payday Lenders

An online direct payday lender is the answer when you are wondering where the payday loans near me is, albeit you are lucky to find that as the solution. Using online direct payday lenders, you can apply for loans from the comfort of your room and your money will be deposited into your bank account on the business day that follows. It seemed interesting. However, it’s only the good part of it and for some borrowers, it is a seeming lifeline.

Payday loans are more of a trap than a helping hand. They use their three combined factors, which are high interest rates, little time for repayment and lump sum repayment to establish a difficult situation for the borrowers who cannot pay back their loans on the initial repayment dates. Payday lenders act by accepting part-payments from the borrowers making the outstanding balance a new loan. This can actually continue for months until the loan is fully settled.

Posted by Keith in Payday Loan Info, Reviews, 4 comments
Get Quick Cash through Payday Loans

Get Quick Cash through Payday Loans

Payday Loans Online

Payday loans online are good for quick and easy borrowing of cash during emergencies. They are short-term loans that you can borrow at a small amount with an interest. These loans are primarily short-term; required to be paid back on your next payday, unless you request for an extension. These loans are also called check advance loans or cash advance loans.

Process

Issued by legal payday lenders, loans can range from $50-1,000. They also come with additional fees of around $15 for every loan amount of $100. Moneylenders typically ask that you provide your proof of income and some personal identification when you apply. As a borrower, you’ll write a post-dated personal check in the amount you wish to borrow, and a fee in exchange for cash. Your lender will keep the check and cash it out on the agreed date which is usually your next payday.

Rules

Rather than considering your credit score as a borrower, the lender decides the loanable amount depending on your local state regulations and the size of your paycheck. When the loan is approved, your lender will make an electronic deposit to your savings or checking account. For extensions, additional interest will be charged. Unfortunately, many people ask for it. Based on a study done by the CFPB (Consumer Financial Protection Bureau), 80% of payday loans are rolled over within thirty days of the prior loan.

Risks

Be careful about giving out your personal information. Regardless if those payday loans online result in a loan, providing your information online may be risky. People who get your information may use your credits to buy goods and services. They can also use your information for identity theft. And even if you never clicked on the “Submit” button to complete the transaction, or if the transaction failed, your information can still be captured over keystroke logging – a program used to collect everything you’ve entered on a website or application.

Some companies offer payday loans or cash advances as a benefit to their employees. If you don’t have that benefit, make sure to only use credible payday loans online; those that have been used by your family and friends with no issues.

Posted by Keith, 1 comment
Benefits of Online Payday Loans

Benefits of Online Payday Loans

Online payday loans are one of the easiest ways to get quick cash and solve your financial emergencies. Payday loans allow you to pay for late bills or unexpected expenses before getting your salary. This type of loans is payable in your next paycheck.

Benefits of Online Payday Loans

1. They’re convenient.

All necessary interactions and procedures when applying for a payday loan are done online. You don’t need to have an appointment with a loan officer. You can just send your loan application from your office or home. Compared to a credit card, a payday loan lets you get your credit in cash. Thus, you can use the cash on anything such as paying your electricity bills.

2. You can easily qualify.

Applying for a payday loan and getting approved is easy since you only have to meet basic qualifications. The first qualification is a steady source of income. Provided that your income is verifiable and consistent, you are closely certain that you can find a willing lender. Traditional loans usually involve collaterals. With payday loans, you do not need any collateral. Your steady income is a sufficient proof to the lender that you are able to pay back the borrowed amount. Other qualifications may include an active savings or checking account, and your registration as a permanent state resident.

3. They’re fast and easy.

Most lending companies approve applications for online payday loans almost promptly provided that you presented the necessary info. The application process is fast and easy. No need to fill out lengthy forms, just like traditional loans. Lenders may take at least 24 hours to transfer loan proceeds to your bank account. But normally, you can get the money you requested on the same day or on the following business day. Efficient lenders transfer funds within a few hours if you’ve provided the required info fast. Many lenders in the market nowadays offer speedy release of funds in order to remain competitive.

A payday loan is such a quick and convenient way of managing your financial emergencies. You can get fast cash within hours with no collateral. You can apply for a loan for any reason as long as you can pay on your next salary.

Posted by Keith in Financial Safety, Payday Loan Info, 6 comments
What’s the Purpose of Quick Loans?

What’s the Purpose of Quick Loans?

Quick loans are recommended for people who need quick cash before their paycheck arrives. These types of loans are fast and can take care of your emergencies. Payday loans are short-term loans with interest. The typical loan amount is around $50 to $500. You get these loans through a lender. Lending companies offer uncomplicated financial services.

How are Quick Loans Done?

  • Look for payday lenders. They often have physical stores, but application can be done online or by phone. Some lenders even let you strictly transact online.

  • Quick loans are a no bank loan application. Normally, the application process covers your personal information, employment information, and banking information.

  • Lending companies may ask for the contact details of a family member or a few friends for references in case you can’t pay back your loan.

  • The lending company deposits the funds to your checking or savings account. Some lenders still give out checks.

  • As the borrower, you will write a check for the lender in the amount that you will be borrowing. If your application is done online, you will pledge to pay the borrowed funds on a certain date. Lenders will usually charge some fees. Lenders typically charge $15 per $100 of loan amount.

  • The lender will hold the check you wrote for them, and cash it out on its due date or take the payment from your bank account (if application was done online).

  • Rollover: If you ask for an extension for the repayment, the loan can be rolled over into another term. This usually takes another 14 days, and the lender will charge you another fee, plus interest.

Convenience fuel the appeal of quick loans. Flexibility is one of the main benefits that quick payday loans have over bank loans. Additionally, the application process of quick payday loans is fast. The money can be released in no time – through a check or directly to your account within the same day. You surely don’t want to bother your family and friends by asking financial help. Quick payday loans are a good way of borrowing funds effortlessly. Online financial services are delivered fast and easy.

Posted by Keith in Financial Safety, Payday Loan Info, 0 comments
Instant Loans Help You Overcome Monetary Troubles

Instant Loans Help You Overcome Monetary Troubles

We find ourselves in economic contingencies at several points of time in our lives. Finances may be required urgently in these times. The fact is, this can come in any form like car bills, payment for any kind of medical emergencies, phone bills and much more. But you have to keep calm on that difficult time. So, whenever you face a problem with a big amount of emergency bills, you can go for unsecured and instant loans.

Instant loans offer you the immediate solution you need for instant cash. An instant loan is a confidential and quick way to acquire a cash advance until the next payday. This type of loan is just a short-term cash controlling implement, which can assist in meeting every urgent requirement. There are numerous other terms by which this loan is generally known for, such as payday advance, fast payday cash, short-term cash loans, payroll advance, cash advances, and instant payday advance.

Instant Loans- A Brief

With a salary advance, a mortgagor can derive any kind of amount. The loan volume can extend up as well, only if the mortgagor’s income can come up with the money for the repayment of the total amount. An interest rate on the payroll cash is generally higher as a lending organization allows the risk of preceding this particular loan. The payment terms and also the interest rates on the instant advances vary depending on the amount borrowed.

Advantages of Instant Loans

The significant advantage of instant loans is that the loan is provided without any credit check. This means that people with a bad credit account, arrears or nonpayment can apply for the loan. The online loan is processed within 24 hours as well as the cash will be transferred in the mortgagor’s bank the next working day. Another advantage is that the cash goes directly into the mortgagor’s account. A mortgagor is not needed to go to a bank to fill out forms and initiate the process of taking up a loan. This is a reliable and fast way to gain the cash advance with ease.

Posted by Keith in Basic Information, Financial Safety, 3 comments
How Payday Lenders Can Create Financial Woes for you Instead of Solving Them?

How Payday Lenders Can Create Financial Woes for you Instead of Solving Them?

Many people often think that their present financial problems can be solved by visiting the payday lenders for an advance loan payable on their next payday. This is also known as soft loan but a closer analysis of the whole arrangement shows that it is not soft after all. All payday loans are often accompanied by high interest rates that are payable within the agreed payment date when the borrower gets his or her pay.

Indeed, the borrowers can enjoy a short-term reprieve as they can get the cash to cover their immediate needs but the consequences that follow often have long term impacts on the individuals involved.   

When Borrowers Fail to Pay

Obtaining a payday loan is not that easy as different people believe it to be. The payday lenders often access the banking details of the borrowers such that they can readily get their dues when the payday of the later arrives. However, some borrowers often fail to meet their obligations to repay their loans as agreed since the amount borrowed plus interest should be paid in lump sum. This means that part of the amount is paid and the remaining balance continues to attract interest.

At times, the borrower is left with very little money such that he or she is forced to borrow again from the same payday lender. This often creates a vicious cycle of debt that can trap you for a very long period such that it can be very difficult to disentangle yourself from this predicament. At the end of the day, the borrowers will be working to repay the loan than planning meaningful things that can improve their welfare.

Bank Loans Versus Payday Lenders

A bank loan from a registered financial lender can be advisable in time of need especially to the employees who are creditworthy. At least, reasonable annual interest rates are charged for the loans that have been accessed from banks compared to the exorbitant rates charged by the payday lenders. This alternative is worth trying since it can cushion the cash strapped individuals at different periods while giving them a flexible repayment plan that does not worsen their already dire situation. Payday loans can be good but care should be taken to avoid creating more problems instead of solving the problem already existing.    

Posted by Keith in Financial Safety, 3 comments