 |
Links |
| Home |
| best payday loan |
| bad credit payday loan |
| military payday loan |
| Sitemap |
Cash advance
Smart and Easy financial decision.|
A payday loan or cash advance is a small, short-term loan that is intended to fill up the borrower's cash flow gap between paydays. Payday loans are also sometimes referred to as cash advances, though that term can also refer to cash provided against a prearranged line of credit such as a credit card. The loan is typically given in cash and secured by the borrower's post-dated check that includes the original loan principal and accrued interest.
The maturity date usually coincides with the borrower's next payday. On the maturity date the lender processes the check traditionally or through electronic withdrawal from the borrower's checking account if the borrower does not first repay or service the loan in person. Payday lenders typically operate small stores or franchises, but large financial service providers also offer variations on the payday advance.
Payday loans are an alternative to bouncing checks, pawning personal property, or borrowing money from family and friends. Consumers may also use payday loans to avoid late-payment penalties and negative marks on credit ratings. Ideally, individuals have money saved from each paycheck to prepare for financial shortfalls or unexpected expenses. Realistically, many people have a periodic need for short-term financial assistance. When used responsibly, payday loans can provide valuable assistance to these short-term cash needs. However, you should evaluate the costs and benefits of all alternatives before borrowing. Other forms of short-term credit that may be less expensive include a loan from another institution, a credit card cash advance , an account with overdraft protection, or a salary advance.
Personal Cash Advance is the fastest way to obtain secure, online cash advance and payday loans. Applying and qualifying for a payday loan is quick and easy, and in many cases there are no
documents to fax. Once you're approved for the cash advance, the companies electronically deposit the payday loan amount directly into the persons savings account or by sening a demend drat in the name o the persom who applied for the same. Many a company also offers flexible payment options and discrete service that gets you the cash you need right now. Online payday loans are short-term cash advances designed to meet your emergency financial needs. Payday loans are also perfect for those times when you need a little extra cash for unexpected bills or special occasions. The fee for a cash advance is $25.00 for every $100.00 borrowed.
These days many companies are getting themselves engaged into the business of cash advances or payday loans, whatever we term it as. The main mission of these companies is to manage an online service where clients can obtain a cash advance with the utmost confidentiality and convenience. They strive to empathize with their customers' needs and maintain a consumer friendly relation that is easy to understand. The companies work is to provide financial services that meet the clients needs by providing quick, helpful, and outstanding customer service. As a company, they will strive to increase their client base consistently by satisfying the clients, and encouraging their future business. Thus their goal is to be the number one payday loan company in the market through dedication, hard work, and customer loyalty.
Requirements for a payday loan/ cash advance: - You must have a CHECKING account that is at least 3 months old. - You must be currently employed, making at least $1000 NET PAY per month. - Must be a U.S residents over 18 years of age. - No outstanding payday loans.
No credit checks are performed by the companies in order to provide cash advance but, however, check writing/loan history with national databases are some of the things which are verified before going ahead for cash advances.
Moreover, you will be DENIED for cash advance if: - You have filed for bankruptcy within the past year, or have filed multiple times - You are currently unemployed - You have been employed at your present job for 5 months or less - You have an outstanding payday loan and/or unpaid returned checks - You have a newly opened checking account - You have multiple NSF/Overdraft fees in your checking account - Your monthly NET income is below $1000.00 - Your contact information/reference information is invalid - We are unable to successfully identify your personal information - We are unable to verify your bank account information - You are paid monthly
In cases of cash advances, there are 3 payment options to choose from: 1) Elect to pay the total amount due (Fees will be waived if you are a Free Loan customer). 2) Elect to pay the minimum amount and extend the loan with a NEW CONTRACT. 3) Elect to pay more then the minimum amount and extend the loan with a NEW CONTRACT.
Now, the question might arise, thaw ha is he necessity for having a cash advance So as an answer to the question, imagine this an unexpected bill have arrived. You do not have enough money to clear off the same and to make the situation even worse, your credit is not good enough to help you get sanctioned for a persona loan. Unless you pay it on time you could end up getting hit with a really expensive ate fee. In such a situation asking for money from friends can be very much embarrassing; waiting for your next paycheck can hamper your credit; and begging your creditor for mercy just wont work. In such circumstances, cash advance will not let you down. It happens to everyone -last minute expenses, unexpected bills, unforeseen costs. You don't have time to worry about where the money is coming from, how you're going to get it, when it will arrive. You need Urgent Cash Loan! If you've got a need for some urgent cash in a flash, Cash advance loans are the perfect way to cover unexpected expenses or to supplement your income during a financial dry spell without having to worry about banking charges, creditor late fees or suffering through the embarrassment that comes with asking your family to spot you the cash. Cash advance loans are available to you 365 days a year for a fraction of the cost of late fees and other damages. Even more importantly, you can apply for them without ever having to leave the comfort of your own home! Cash advances have very simple loan requirements that make it possible for almost anyone to get approved for an online cash advance. As long as you have a steady job and an active checking you should be qualified. There is also a very common question that how much does cash advance cost The fees of he cash advances will vary depending on the amount of your cash advance and the lender. Your lender will notify you of the exact fee for your loan at the time your application is submitted. It is worth noting that cash advance loans are designed for your emergency cash needs and are frequently less expensive than check fees, late charges and other costs you might incur due to late payments.
The companies continue to set the industry standard with the highest level of data security to protect the clients confidential information, and the latest technologies to make their clients satisfaction level even better. So relax, and enjoy. Life is easier with Cash Advances. Other Articles |
||
