TopConsumerReviews.com Best Payday Loans
      June 1, 2020

Home  >  Payday Loans  >  Articles

Best

Payday Loans

  1. Cash Advance
  2. Ace Cash Express
  3. Cash Corner
  4. Honest Loans
  5. Payday Loan Today
  6. Helping Hand Adv
  7. Cash Central
  8. Cash Net USA
  9. My Payday Loan
  10. Securaloan
  11. Large Cash Loans

Your Information Is Secure
Personal Loan Tips Newsletter

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!

Latest Reviews

Bad Credit Loans

Buying Gold

College Textbooks

Investment Newsletters

MCAT Test Prep

Photo Books

Photo Cards

Salsa Clubs

Slipcovers

Structured Settlement Buyers

 

Related Articles

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

How to Find Lenders Specializing in Payday Loans

Reasons Why You May Need a Payday Loan

Payday Loans and Your Credit

Tips for Getting and Repaying a Payday Loan

 

Top Consumer Reviews Articles

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.

Payday Loans Offer Fast Cash When You Need It

Often referred to as a cash advance, payday loans are designed to provide fast cash in exchange for the borrower’s promise to repay the balance upon their next payday. Whether it’s an unexpected car repair, a doctor visit or simply a time when funds are a little tight, payday loans may be a short term answer to your problem.

Because they do not typically involve a credit check, payday loans are available for those who have past credit problems. Rather than focusing on the past, payday lenders look at your current situation and your ability to repay the loan. As such, you must have a steady job and a guaranteed paycheck in order to qualify for payday loans. Generally, these types of loans are not available to those who are self-employed or otherwise have unpredictable work schedules.

Upon an approval for a payday loan, you will be given cash directly by the lender. In return, you will commonly be asked to provide a post-dated check, written for the date of your next payday, for the amount of the loan. In some cases, you will be required to consent to an automatic debit from your bank account on a specific date. Unless other arrangements are made, the lender will cash the check that you provided or debit your account on the agreed upon date. In some cases, payday loans may be extended upon approval by the lender. This means that, instead of cashing the borrower’s check, the loan would simply roll over for another specified amount of time. In exchange, the borrower would pay interest and possibly additional fees for this service.

In a world where so many families are living from one paycheck to the next, it is often life’s unexpected events that cause a financial pinch. When this occurs, it can be very difficult to wait for the next paycheck to arrive. In emergency situations like these, the ability to obtain fast cash when you need it is a blessing. Perhaps it isn’t an emergency, but maybe you have come up short on grocery money, gasoline or the electricity bill is due. Necessities, although a regular bill, often have a way of sneaking up on you.

When seeking quick cash via payday loans, you often need to provide check stubs from your current employer, along with the company’s name and address. You may also be asked to state your length of employment, which will help the lender to determine whether or not your employment is steady. Due to the fact that a credit check is not typically required, verifying your employment becomes a top priority when it comes to payday loans. If you plan to submit an application, you may also need valid photo identification and a checking account.

By their very nature, payday loans are to be used for obtaining fast cash when you need it. By that same token, you should repay the loan as quickly as possible in order to avoid additional fees and interest.

Tiny payout for borrowers mis-sold payday loans

Those owed compensation by WageDay Advance will receive less than 6% of their entitlement.

Published:  Thu, 21 May 2020 07:57:47 GMT



Why There's No Place In Paradise For Payday Loans

A draconian Moneylenders Act, strong community spirit and an old practice called sou-sou have all helped our beautiful twin island avoid heavy use of predatory payday loans. Here I'll provide a ...

Published:  Thu, 21 May 2020 04:51:00 GMT



4 ways to get a small loan for a money emergency

When the unexpected strikes - like a car accident, a medical emergency or a layoff caused by a raging global pandemic - sometimes the only way to find money is to borrow. But you don't want to ...

Published:  Thu, 28 May 2020 19:08:00 GMT



I Can't Pay My Payday Loans What Will Happen

Many short-term payday loans have harsh terms. These loans are designed to give you a short-term cash injection that you can pay back on payday. However, many of these loans can result in harsh credit ...

Published:  Thu, 28 May 2020 10:23:00 GMT



Pokin Around: Who does lawmaker represent in effort to regulate payday, short-term loans?

After all, during these times of joblessness and financial struggle somebody in Missouri has to stand up and fight for a multibillion-dollar industry that charges poor people 300 percent and more in ...

Published:  Sat, 23 May 2020 20:18:00 GMT



Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure