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Payday Loans Offer Fast Cash When You Need It

Fast Cash Payday Loans vs Traditional Loans

Payday Loans FAQ

The Benefits of Payday Loans

Applying for Payday Loans Online

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Payday Loans and Your Credit

Tips for Getting and Repaying a Payday Loan

 

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TopConsumerReviews.com provides unique articles that you won't find anywhere else on the internet. These articles are designed to help you make the most informed decisions possible.

Applying For Payday Loans Online

If you are searching for payday loans, the internet is one of the most informative places to be. Not only that, but the internet can serve as a 24/7 loan office where applications are always accepted. There are a number of payday lenders that offer both a convenient and fast way to get the money that you need without even having to step out of your front door.

Most payday loans are available to anyone with a steady and verifiable income, a checking account, who is at least 18 years of age and is a U.S. citizen. In some situations, you may be required to earn a minimum amount of income each month in order to qualify for a cash advance. The majority of online applications take less than 5 minutes and often provide instant approvals.

Once a cash advance is approved and all documents have been signed or verified in accordance with the lenderís policy, the cash will be deposited into your bank account electronically. In some cases, depending on the verification process and the lenderís policy, a cash advance may be deposited the same day or on the following business day. Payday loans offer fast results and fast cash for those who qualify.

Payday loans, as the name implies, are designed to be repaid on the following payday. However, most lenders offer a policy that allows for an extension if you are unable to repay the loan with your next paycheck. For some, the loan may be automatically extended or you may be required to make special arrangements if you wish to refinance all or a portion of the original loan amount plus fees. As with any loan, you will avoid additional fees by paying the loan in full by the due date. If you are unable to pay the full amount, additional fees and charges will continue to accrue. Payday loans are no different and you can save a bundle by paying it in full and on time. Repayment methods vary by lender, but commonly involve the automatic debit of your bank account for the balance due.

Today, payday loans often help families who are faced with unexpected emergencies, including doctor visits, car repairs or simply find themselves short on cash and need a helping hand to carry them over until the next payday. Some may shy away from payday loans with the assumption that they would not qualify due to past credit problems. However, most lenders do not perform credit checks, which means a bankruptcy, charge-offs, missed or late payments will not be a factor in whether or not you are approved for payday loans. The most common deciding factor will be employment, income and the ability to verify both in accordance with the lenderís policy.

ICICI Bank plans payday-type loans in pact with e-tailers

ICICI Bank will announce partnerships with e-commerce firms, following which buyers on the site will get a 'pay later' optionMayur Shetty | TNN | September 18, 2017, 10:35 IST In a first of its kind for India, ICICI Bank will partner with e-commerce firms ...

Published:  Sun, 17 Sep 2017 22:14:00 GMT



B.C. orders insurer to stop sales of credit insurance with payday loans

B.C. regulatory agencies have sanctioned insurance firm Western Life Assurance for failing to effectively oversee two payday lenders that used high-pressure tactics to sell credit insurance to their clients. In a joint announcement Wednesday, the Financial ...

Published:  Wed, 20 Sep 2017 23:29:00 GMT



Opponents sharpen knives over impending U.S. payday loan rule

WASHINGTON (Reuters) - Lobbyists and Republican lawmakers are gearing up for battle over a new U.S. regulation that is likely to dent profits in the $6 billion short-term, high-interest "payday" loan industry. The Consumer Financial Protection Bureau (CFPB ...

Published:  Mon, 18 Sep 2017 09:18:00 GMT



Cash Advance: How to Make the Most out of a Payday Loan

Taking out a payday loan from a company like American Cash Advance and Title Loan lets you get a cash advance against your next paycheck. Many lenders actually let you take out a loan for longer too and give you one free period before you need to pay off ...

Published:  Wed, 20 Sep 2017 10:52:00 GMT



$2B Payday-Loan Hustle Hid Behind Tribes, Gov't Says

Law360, New York (September 12, 2017, 10:54 PM EDT) -- Federal prosecutors went to trial Tuesday in Manhattan federal court against a racecar driver and a lawyer who allegedly stole $2 billion from consumers in a loan-sharking operation that the two ...

Published:  Tue, 12 Sep 2017 20:04:00 GMT



Offer payday loans as an employee benefit, this start-up says

For the past year and a half, Doug Farry has met with city councils, chambers of commerce and corporate human resources managers, telling a hard truth: Many workers live paycheck to paycheck and sometimes turn to payday lenders to get by. He's not trying ...

Published:  Wed, 22 Jun 2016 03:23:26 GMT



Lenders and borrowers finding way around Colorado payday loan reforms, research finds

Colorado passed groundbreaking reforms on payday lending in 2010 that were held up as a national model. But a group that opposes abusive lending tactics says borrowers and businesses that make the high-interest loans increasingly are maneuvering around the ...

Published:  Thu, 03 Aug 2017 18:48:03 GMT



Payday Loans: Study Highlights Default Rates, Overdrafts As Groups Debate CFPB Regulations

A lender makes a loan. Then a borrower pays it back. And to make sure that transaction doesn't tank, there's "underwriting:" verifying that the borrower will indeed be able to make the payments. This last step would be a key lesson from the subprime ...

Published:  Mon, 30 Mar 2015 17:20:00 GMT



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