Showing posts with label cash advance lenders. Show all posts
Showing posts with label cash advance lenders. Show all posts

Tuesday, July 10, 2018

Are Cash Advance Lenders Better Online or in Person?

Are Cash Advance Lenders Better Online or in Person?


Whether or not you want to work with cash advance lenders in person or online really depends on whether you want convenience and speed or a trip to an actual, physical location. Sure, you can carve time out of your busy day to feel better about seeing the employee in the cash advance store who will take your application, but you have a better option. You can work with online lenders and get a great deal on a loan in much less time.

Don’t Plan Your Day around Cash Advance Lenders


If you don’t want to plan your entire day around getting a loan, don’t go with in-person lenders. With online cash advance lenders, you can apply at literally any time that is most convenient for you. You can apply first thing in the morning, in the middle of the day, before bed, and even in the middle of the night. There is no time that is off limits. Compare this to lenders in storefronts: you have to go during business hours; you have to make sure you have enough gas in the car; you need to consider your work schedule; and if you have kids, they need to be a consideration as well. Instead, apply online from home whenever it makes the most sense for your schedule.

Cash Advance Lenders Online Give You Two Ways to Apply


Not only do online lenders allow you the freedom to apply whenever it works for you, these cash advance lenders also offer two different ways you can get your application in for consideration. You can use the website, which includes an online application you complete and submit to get approved. You can also download and use the mobile app to fill out the same application. With the app you can apply for a loan from any location, as long as you have your device. This gives you two convenient and fast options for applying for loans anytime and anywhere.

Are Online Cash Advance Lenders Better for Security?


The truth is that online lenders offer just as much security, if not more, than in-store lenders. In a store with cash advance lenders you have to fill out a paper application for the loan. You may not know where that piece of paper with all your information goes after you apply. It could fall into anyone’s hands if you have no control over it. Online, with cash advance lenders you have a virtual application that is protected by encryption software and then deleted when you are done and have your loan. It’s up to you to decide which the safer option is.

To decide if online or in-person cash advance lenders are better, you may need to see for yourself. If you have never tried to get a loan online before, now is a great time to try. You’ll get security, convenience, and best of all a quick way to get cash in about 24 hours or less.

Sunday, May 11, 2014

What to look for in Payday Loan Lenders

What to look for in Payday Loan Lenders

Payday Loan Lenders
Payday loan lenders provide people with emergency short-term loans. Most people who opt to use a payday loan lender are people who have exhausted their other financial resources. People with a poor credit score, households that make less than $60,000 per year, and single-parent households make up the majority of a payday lender’s customers. Payday loan lenders offer their borrowers loans anywhere from $100-$1500. However, the exact amount a borrower can receive depends on his or her monthly income. In general, a person must make at least $1000 a month to qualify for assistance.

The term “payday loan lender” is a general term used to describe any and all people who offer short-term loans against a borrower’s paycheck. A payday loan lender might be a self-employed millionaire who grants loans as a side job. Another payday loan lender might work for a small company in the Midwest. Many payday loan lenders work from Indian reservations so they can evade strict state laws. Not all payday loan lenders are equal and not all payday loan lenders can offer their customers the best rates. So if you plan on applying for a payday loan in the near future, here are just a few things you should look for when choosing your payday loan lender:

Is the website secure?


All reputable payday loan lenders care about the safety and confidentiality of their customer’s personal information. People who apply for payday loans usually apply online. This means customers will submit sensitive information, like their home address, email address, social security number, and bank account number, over the internet when they submit their loan. A payday loan lender with an unsecured website should be a red flag to anyone who wants to avoid identity theft. Check for a SSL (Secure Sockets Layer) certificate that indicates the payday loan lender has encrypted the site.

How expensive is the loan?


Most borrowers only need to pay a small fee to get a payday loan. If that person repays the loan on time and in full, they won’t have any other interest charges or fees. However, if a person fails to repay on time and in full, a payday loan can get extremely expensive. Some lenders’ penalties are harsher than others. In the past, many customers have found themselves paying fees higher than the amount of the original loan they borrowed. It’s critical for potential borrowers to check a payday loan lender’s site for an accurate description of how much the loan could potential cost them. Borrowers should avoid all payday loan lenders that don’t list this information or who brush it off as an insignificant detail. Remember, this is your money that we are talking about.

How easy is it to get the loan?


If you have to jump through hurdles to get in contact with a payday loan lender, find something on the website, or get ahold of customer service, you may have chosen the wrong company to work with. A good payday loan lender is one who cares not only about their customers’ money, but about their time as well. Be wary of any payday loan lenders who have lengthy online applications, a disorganized website, or who lack a customer service representative. The best payday loan lenders offer a convenient website, a short application, and a hassle-free application process.

How available are they to talk to you?


Choose a payday loan lender that has a call center open during the hours you need. A payday loan lender that has a 24/7 answering service is usually a good indicator of a reputable lender. Again, a good payday loan lender is one that cares about you and your needs. If you need to talk to your lender, you should be able to get ahold of them.

Were you matched with a payday loan lender through a third-party company?


Payday Loan Lender
There are many companies that connect payday loan lenders with borrowers. Some great third party companies include National Cash Credit. This process benefits a customer because it ensures they’ll get the best deal possible. In general, a borrower will fill out an online application through the third party company’s website. Once he or she submits the application, the application will go through a server for multiple payday loan lenders to observe. If a payday loan lender wants to take the request, they’ll notify you. Many borrowers prefer this method because it enables them the option to “select” their lender. Most borrowers choose to go with the payday loan lender that offers them the largest loan amount with the smallest interest charges. Because the third party website does all the work, borrowers don’t have to spend hours researching different lenders. The best part is that payday loan lenders pay the third party website for their services, not the borrower.

Do you meet the minimum qualifications?


In general, you must have a monthly income of at least $1000 after taxes, a checking account in your name, and proof that you are a U.S. citizen. You must also be 18 or older and have had your current job for at least 90 days. If you don’t meet these requirements, you will not qualify for a payday loan. Your time is valuable to us, don’t waste it applying for something that you won’t be able to get. If you do meet the minimum requirements, you can qualify for up to $1500 regardless of your credit score!

After you submit an online loan request, you will receive multiple offers from payday loan lenders. You can always deny any request you don’t like and owe nothing. The key to having a great experience with a payday loan lender is to repay them on time and in full when you receive your very next paycheck. If you don’t, the annual percentage rates become extremely high and extremely difficult to repay. If you do pay on time, we can guarantee that you will have a positive experience working with a hassle-free, fast, and convenient method for instant cash.

Sunday, May 4, 2014

Cash Advance Lenders Help Low Income Families, Minorities, and One-Parent Households Get up to $2500

Cash advance lenders help low income families, minorities, and one-parent households get up to $2500


Cash Advance Lenders - National Cash Credit
Almost 75% of Americans live paycheck-to-paycheck. These days it’s hard to get the bills paid even when things are going just fine. When an emergency happens, like sickness in the family, an unexpected car repair, decreased wages, or unpaid rent, thousands of people have no place to turn for help. For people with low income and a bad credit score, the pool of resources is even scarcer. Due to demand, cash advance lenders are now offering as much as $2500 to low-come or bad credit borrowers.

“I can’t thank cash advance lenders enough,” Maria V, a cash advance borrower told us. “I’m a single mom to three young boys. I’m the only person my sons rely on. I needed financial help fast after I had trouble making rent payments. I couldn’t let my boys go through the embarrassment of eviction. Cash advance lenders came to our rescue and lent me $1500. I’m so grateful.”

The majority of people who apply for and receive cash advances tend to be people 18-35 years old, people who lack a four-year degree, and people who rent. Many of these people also have small children to look out for.

“Cash advance lenders are helping the people that banks aren’t,” Cash advance lender Mark T said. “It’s easy to write someone with low income and bad credit off. Banks don’t want to deal with it. They prefer the ‘bigger’ customers. Cash advance lenders are currently the only resource that low income families, minority groups, and single-parents have. We’re happy to help. We can’t stress enough that a bad credit score just doesn’t matter to us. A paystub and a bank account is everything we need.”

5 cash advance lender tips for people interested in a cash advance

Cash Advance Lenders
A cash advance can help any employed, legal US adult get the cash he or she needs instantly. Here are just a few tips on how you can get started today:

1). Apply online.


The best cash advance lenders work remotely. When you apply online, you have more say in the amount of money you can receive, your possible repayment options, and your rates and terms. Applicants who apply online are essentially sending out their application to a large pool of cash advance lenders. The “pool” method is great for the borrower because it ensures that they’ll get the best possible deal. The cash advance lender who can offer a borrower the most money at the best rate is the lender who is “matched” with the applicant.

2). Fill out the entire application.


It’s critical for applicants to fill out all the banks on an online application. Cash advance lenders may reject your application if it’s not filled out entirely. If you don’t know what something means, why it’s on the application, or why you need to list it, just ask.

3). Just because you can take out $2500, it doesn't mean you have to.


Many borrowers make the mistake of taking out the full loan amount. Remember, this is a loan. You’ll eventually have to pay it back. Remember to take out how much you need, not how much you want. If you can’t pay it back on time, you’ll have to pay interest, fees, and other charges. You may have to roll it over into another loan, too. In general, borrowers shouldn't take out more than the amount of their next paycheck.

4). Repay the cash advance on time.


Many upper-level executives, banks, and large financial institutions harp on short-term cash advance lenders due to the penalties cash advance lenders inflict on their borrowers. Because cash advance lenders don’t run credit and background checks, many cash advance lenders have no idea what to expect from a new borrower. Due to these risks, cash advance lenders may inflict fees on people who don’t pay in full on time. Cash advance lenders lend to any person with a job and a bank account. In order to stay in business and help other customers, cash advance lenders need to be sure they’ll get the money they lent back. If you’re unsure if you’ll be able to repay the amount you borrowed, a cash advance may not be the right service for you right now. In general, borrowers are expected to pay the amount they borrowed in 2 weeks or less. An installment loan is a better alternative for the person who needs longer to pay.

5). Start budgeting and saving for an emergency fund.


After you've successfully applied, received, and repaid your cash advance, it’s time to start thinking long-term. A cash advance is a short-term solution. Once you’re safely out of your emergency financial situation, cash advance lenders suggest planning for a future emergency. Just putting aside $10 a month can help. Cash advance lenders will always be here if you need them, but the overall goal of any person who struggles with their finances should be to live a debt-free life.

“We help people who need help the most,” Mark said. “Cash advance lenders know and understand firsthand how unpredictable life can be sometime. We help anyone who needs help.”

You can qualify for a cash advance loan as long as you have a job, a bank account, and you’re over the age of 18. You can apply online over your mobile device or home computer for a cash advance up to $2500. In general, cash advance lenders won’t let a borrower take out more than they can repay. The entire application process takes just 5 minutes to complete. Potential customers will receive an instant approval notification just seconds after they submit their application. Once approved, you’ll receive a phone call from a cash advance lender who can meet your individual financial needs at the best possible price. After you’ve discussed the rates and terms of the loan, you can expect the cash to be directly deposited into your bank account within 1-2 business days. The overall process is fast, safe, and effective.

“I’d recommend using a cash advance lender,” Maria said. “If they can help me, they can help anyone.”