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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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Reasons Why You May Need a Payday Loan

Payday Loans and Your Credit

Tips for Getting and Repaying a Payday Loan

 

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Payday Loans FAQ

Question: How much can I request when applying for payday loans?

Answer: Some lenders will grant up to $1,500.00, while others will loan a maximum of $500.00 in payday loans to an applicant. The maximum amount will vary depending on the lender and their policies regarding these types of loans. In addition, the amount that you are approved for will be determined largely by your income.

 

Question: Are payday loans available for self-employed individuals?

Answer: Generally, payday loans offer fast cash for those with a steady job and paycheck. Because self-employed individuals often have sporadic income and they do not work for a traditional employer nor are they guaranteed a weekly paycheck, they are not usually eligible for payday loans.

 

Question: I need a payday loan, but have been turned down by other lenders due to a poor credit history. Will I qualify for payday loans?

Answer: Because payday loans do not generally require a credit check, your past credit history will not be a factor in whether or not your loan is approved. What is more important is your current employment and income, which the lender will evaluate while deciding whether or not to issue you a loan. Even if you have bad credit, you may be able to qualify for payday loans.

 

Question: Iíve heard that payday loans have excessive fees. Is this true and what, if anything, can I do to minimize them?

Answer: Most payday lenders charge a fee based on the loan amount. This cost may range from $10.00 to $30.00 per $100.00 loaned. There is no way to minimize these fees as they are calculated by the lender in accordance with their policy on payday loans. However, if you want to avoid future fees and the continued cost of payday loans, pay the loan off with your next paycheck as opposed to extending it further.

 

Question: How long will the application process take for payday loans?

Answer: Most applications will take only a few minutes of your time and some can even be completed online. The latter is often the most convenient as they do not require that you even leave your home.

 

Question: Once I submit an application, how long will it take to receive my payday loan?

Answer: The answer to this question will greatly depend on the lender and their policy on payday loans. Because these types of loans are designed to provide fast cash, you will generally receive your funds quickly. Some companies promise to issue your payment within 24 hours, but you should check with the lender regarding schedules before submitting an application.

 

Question: How can I find payday lenders online?

Answer: The best way to find legitimate fast cash loans online is by reading independent reviews, which are designed to evaluate a business and its services. Through this, you will have the opportunity to read about the amount of payday loans offered, the services available and fees required for these types of loans.

Toronto considers licensing city's payday loan outlets, capping number allowed city-wide

Quick cash providers could one day pay more to operate in Toronto. A new report recommends that the city license payday loan stores, and cap the number of those operating in Toronto at 207 - the current number of outlets already licensed by the province.

Published:  Mon, 09 Apr 2018 02:04:00 GMT



Police identify Fast Payday Loan robbery suspects

ELIZABETHTOWN, KY (WAVE) - Three Radcliff men and one Vine Grove man have been arrested, accused of robbing a Fast Payday Loans store. Police were called to the Fast Payday Loans, located 407 West Dixie Avenue around 3:30 Monday afternoon in reference to ...

Published:  Tue, 10 Apr 2018 17:56:00 GMT



Payday loan companies oppose change to 30-day loans

Payday loan companies are fighting a bill that would set the terms of loans at 30 days, instead of 10 to 31 days allowed under Alabama law now. Supporters of the change say it would cut unreasonably high fees that can keep credit-shaky borrowers stuck in ...

Published:  Wed, 07 Feb 2018 20:25:00 GMT



Payday loan companies approved changes to bill regulating their industry, emails show

The CEOs and lobbyists for Florida's largest payday loan companies approved changes to a controversial industry bill as it worked its way through the Legislature this year, emails show. Emails between a Florida House employee and industry representatives ...

Published:  Wed, 07 Mar 2018 09:00:00 GMT



New payday loan bill could save the industry. Or make it more profitable.

For critics of payday lenders, a bill in the Legislature that would result in bigger loans and higher fees is a gift to a ... Lawrence Mower is a staff writer in the Tampa Bay Times/Miami Herald Tallahassee bureau, where he covers state government and ...

Published:  Fri, 02 Feb 2018 03:09:00 GMT



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