The Myth of the Payday Loan Trap

If you listen to certain people and so-called experts, you may be led to think that that a payday loan is the worst financial decision you could ever make. If that’s true then millions of us are wrong to rely on these loans during times when there are few or no other options. The myth of the payday loan trap, that if you take out one of these loans you’ll never get out of debt, is a popular one, but it is just that, a myth. Here’s why.

A Payday Loan is a Small Loan

What most people are troubled by when it comes to payday loans is the high interest rate. But what these people who criticize the rate don’t understand is that these are small loans. Most people only ever use a payday loan to borrow amounts of less than $500. For a bank-sized loan, these rates would be pretty devastating, but for a small, personal loan, it doesn’t amount to much. It is far more affordable than the experts would have you believe.

A Payday Loan is a Short-Term Loan

In addition to the payday loan being a small loan, it is also designed to be a short-term loan. While a larger loan from a bank is typically a loan that is repaid over months and years, a payday loan lasts for a week, two weeks, or a few weeks at most. And, unlike credit cards, these lenders don’t encourage you to hold onto the debt for months and years; they want you to pay off the loan on time. The combination of a small loan amount and a short loan period means that borrowers get the cash they need with interest payments that just don’t amount to much, no matter what the critics want you to believe.

A Payday Loan is a Useful Solution to the Money Problems of Millions of Americans

The most important thing about the myth that needs to be destroyed is that people don’t need payday loans. The truth is that these loans are the only funding option form many people. For those living from one paycheck to the next, one little unexpected expense can throw everything out of balance. And where will these people turn for quick and affordable loans? The bank won’t give them out, and credit cards are a bad choice. For many Americans, payday loans are not only useful; they are essential.

The Myth of the Payday Loan TrapBy Heather Wilson - 12/1/16

4 Reasons That When it Comes to Payday Loans, Online Lenders Are the Best

When it comes to online lending, our lenders are simply the best in the business. Sure, you could try going to a payday loan store, or go to your bank, but why would you when payday loans online are available and waiting for you to apply right now? These are just four of the best reasons to trust our online lenders for your next loan.

1. For Payday Loans, Online Lenders Offer a Simple Way to Apply

For so many people, borrowing money is such a turn off because it is a big hassle. You have to go somewhere, wait, fill out a lot of paperwork and get confused about requirements and what documents you need to bring, right? Not so with payday loans online. Our online lenders make it simple. All you have to do is complete a simple, short application. No stacks of paperwork, no credit checks, no faxing documents, just an easy application with information you probably have memorized.

2. Apply Online, But Also on the Go

With payday loans, online lenders make applying simple, but also convenient. Just be being online this kind of lender automatically makes the whole process easier for your busy life. Did you also know that these online lenders can also process your application through a mobile app? You don’t have to sit down at a computer. Just use your smartphone or your tablet to open up the app and apply. Apply at home, at work, or on the go.

3. With Payday Loans, Online Lenders Won’t Make You Wait

With everything online, these loans are more than just simple and convenient. By taking out the brick-and-mortar building for payday loans, online lenders can give you an expedited service. There is no actual, hard copy paperwork to deal with, so your lender can process and approve your loan in as little as 90 seconds. Why wait when you can get the worry of money problems off your shoulders and stop stressing in just a few minutes?

4. Never Wait in Line or Wait Long for the Cash You Need Again

For people with busy lives, kids, families, work, maybe multiple jobs, errands are a big time suck. The last think you need is to have to make another trip out and stand in line. That may be the best think about payday loans online and the lenders that bring them to you. Never have to deal with that hassle again, and still get your much-needed extra cash.

There are many great loan sites offering quality loans, perhaps you would prefer: Up to $25,000 in Large Personal Loans Are Waiting for You Right Now

4 Reasons That When it Comes to Payday Loans, Online Lenders Are the Best By Scott Lobo - 8/11/16

Get Cash When You Need it Most with an Online Line of Credit

Did you know that when you take out a payday loan that you have options? You don’t have to settle for the standard loan. If that basic loan doesn’t work for you, consider your other choices. Our lenders offer a variety of loans, including the online line of credit loan. Here’s everything you need to know about it.

An Online Line of Credit Gives You Cash Whenever You Need it

A line of credit means that you apply and get approved for a certain amount of money to borrow, for example $2,000. But, you don’t have to use it all at once. You can draw from that amount whenever you need the cash. Instead of applying for a new loan every time you need the money, apply for an online line of credit loan once, and get cash immediately during those times you really need it in a hurry.

Apply for an Online Line of Credit Just Like Any Other Payday Loan

Applying and getting approved for an online line of credit is just as easy and convenient as our other payday loans. You can go totally mobile and just pick up your phone to apply. It takes just a few minutes, and within 90 seconds you get an answer from a lender. Your cash becomes available the next day so you can start drawing on that total that a lender approved you for.

Approval Requirements Are Simple for an Online Line of Credit

You don’t have to have stellar credit or fill out endless amounts of paperwork to get approved for our online line of credit. A simple online or mobile application is all you need to complete and the requirements for getting approved are pretty basic. Be at least 18 years old, have a bank account, and have a job that pays you a certain minimum amount and you will likely be approved in just a few minutes.

Getting Cash through an Online Line of Credit is So Convenient

Imagine being able to grab a hundred or two hundred dollars whenever you need the extra cash. It’s that easy and convenient when you rely on an online line of credit. You get a simple approval, an easy application, quick access to the cash you need, and even an easy way to repay. Just let your lender deduct what you owe on each payday. You’ll never try any other source of financing once you have experienced the convenience of our online line of credit.

Get Cash When You Need it Most with an Online Line of Credit By Eric Knapp - 5/10/16

Why Should You Apply For An Online Payday Loan?

Most people need a personal loan at some point – or put themselves through a period of stress, anxiety and expense that wouldn’t be necessary if they sought one out. There are a multitude of things that can happen between paydays, many of which would be made much easier to cope with – or make disappear - if you had extra cash. Anything from an emergency car repair to a plane ticket home to attend a last-minute wedding can be made possible with an online payday loan, faster and easier than any other option. Traditional bank loans take too long, and require jumping through too many hoops. Getting a second job is definitely the slow road, and pawning or selling unused belongings can only be done once. Short-term payday loans are a dependable, flexible solution you can rely on to be there when you need them.

Online Payday Loans Made Easy!

Online Payday loans get rave reviews from users, and the aspect they like the most is how simple the website is to navigate, and how quick and convenient the process is. Simplicity is the name of the game, and that’s perfect if you’re dealing with some sort of personal crisis. If you’re missing time from work because your car broke down, or if you or a loved one is sick or injured, you’re dealing with massive personal stress already. The last thing you need is for money to make life even more difficult at this moment, or even to spend a minute more than necessary thinking about it. Online payday loans take just minutes to apply and receive approval, so you can go back to focusing on what’s most important. What’s more, most loans are funded that same day, and available in your bank account in just one business day, so you’ll have cash in hand as quickly as possible to take care of yourself and your family’s needs.

The Secret To Getting Approved for an Online Payday Loan

Ever wished there was a secret formula for getting approved for a loan? There may not be any guarantees, but here are a few tips that could greatly improve your odds! First of all, make sure your information is correct and complete! Switching two numbers around on your social security or driver’s license number will throw a giant monkey wrench in your plans to get that extra cash you need. Include accurate contact information for your current employer. Leaving out the phone number or supervisor’s name will not work in your favor when the application is being reviewed. Finally, make sure your monthly earnings are enough to support the amount you have asked to borrow. If you earn less than $1000 per month you will not qualify for an online payday loan, so take stock of your sources of income and include more than just your one main job, if that’s how your current circumstances come together to make your life work right now!

Why Should You Apply For An Online Payday Loan? By Eric Knapp - 3/28/16

Ease Your Mind with an Online Payday Loan

An online payday loan is the answer to your worries.

Stress is the worst. Stress will literally kill you. Reducing stress is at the top of every list about becoming healthier and improving your quality of life. So what are you doing carrying around those ongoing money worries when an online payday loan could give you instant peace of mind?

You Can Qualify for an Online Payday Loan Even if You Have Bad Credit

Lots of people have bad credit ratings these days – many who never imagined being in that position. The changing economy has created an entire class of people whose credit has been damaged through no fault of their own, and who are good responsible people who deserve to be able to borrow money when they need it. There’s no credit check when you apply for an online payday loan – you won’t be denied a loan based on your credit rating, because nobody is going to look at it in the first place! Your approval will be based on your current circumstances – your income and associated ability to repay. It’s that simple. Anything that happened in the past will not even enter into the decision, whether it’s related to previous bills, a home loan, medical bills, or anything else.

An Online Payday Loan Can Be Used For Anything You Want or Need!

Maybe your money stress was related to unpaid bills haunting you or creditors calling you. Maybe it was about not having money for the holidays or for a loved one’s birthday or a special anniversary that deserves a special gift. Or perhaps you’ve been putting off some car or home repairs, and worrying that they’d reach a critical point before you found the funds to pay for them. Any of those things are an excellent reason for an online payday loan, and you’ll be amazed how much better you feel after they’re taken care of!

An Online Payday Loan is the Safe, Private, Simple Way To Borrow Money

For anyone who’s taken out a traditional bank loan, it’s understandable to want to avoid going through that again. There’s a long application with many personal questions – a list of all your expenses, your assets, credit references – and a tense meeting with a loan officer whose responsibility it is to make sure the bank doesn’t lend to someone who doesn’t meet their strict qualifications. With an online payday loan, none of that is true. Imagine filling out a loan application in three minutes. Imagine that you’re wearing your pajamas while you do it, and your cat, dog, or child is sitting close beside you. You’re completely relaxed, drinking a mug of coffee or tea. Your loan is approved mere seconds after the submit button is pressed, and in minutes you will receive an email indicating that your loan has been approved, and funds will be deposited in your personal bank account as soon as the very next day. Is this a dream? No – it’s exactly how an online payday loan works!

#OnlinePaydayLoan #NationalCashCredit

Ease Your Mind with an Online Payday Loan, By Mindy Lobo - Today