Tuesday, May 10, 2011

5 Ways a Cash Advance Payday Loan Could Save You Money

You may not be aware of the fact that there are numerous ways that you can save money by taking out a cash advance payday loan? Of course, all loans cost you something to borrow, but the savings you can take advantage of are most often very well worth it. Here is a look at five ways in which a cash advance payday loan could save you money and further benefit you.

1) Have you ever been behind paying your rent or house payment? Many landlords will charge a hefty fee if you fail to pay the rent on time and some landlords will even go as far as having you evicted for being late or for bouncing checks. Certainly you do not want to be stressed out of your mind by being faced with this type of situation or having to pay late fees. So you can save yourself a lot of trouble by taking out a cash advance payday loan.

2) If you have ever been behind in paying your credit card bills, you are certainly aware of the fact that it can lead to all kinds of trouble. In this case, a cash advance loan is a good option because you only face the one-time cost associated with the short-term loan and will not need to be worried about having your interest rates increased, card canceled or every mounting interest.

3) No matter how well you care for your vehicle, sooner or later you will inevitably face problems and will be in need of costly repairs. Quite often you are faced with either taking out a loan for the repairs or waiting until your next paycheck to get the vehicle fixed. If your like most people, you need your car every day, so waiting until payday to get it fixed is out of the question. Applying for and receiving a cash advance payday loan is the perfect solution, as you will not have to face missing work. These loans are very easy to qualify for and you can receive the money in an hour, with a one hour loan, so instead of stressing about how to get to work for a few days or worrying how you will be able to afford the work, consider taking out a cash advance payday loan.

4) When you are leafing through the weekly advertisements that arrive in your mailbox and see that an item you have had your eye on, is on sale, you certainly want to be able to go out and buy it while it is still on sale. By taking out a cash advance loan, you will not miss out on the sale, and with any luck, the money you save thanks to the sale will be more than the cost of the cash advance payday loan so you are coming out on the winning end of the deal!

5) Some credit card companies offer interest-free periods on certain purchases. It is often the case that computers and HD TV's can be purchased on a store-specific credit card that carries no interest for a year. Quite normally the stipulation is that the purchase must be paid off within a year, or else all of the interest you accumulated will be tacked onto your remaining balance. In this instance, a cash advance payday loan would come in handy as you could use it to pay off the item on time so that you are not penalized with the full interest.

Don't know what a cash advance payday loan is or just want more information, then check out our Frequently Asked Questions page.

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