Payday loans
Your Personal Finance Magazine Finances ~ Banking ~ Investing ~ Financing ~ Credit Cards ~ Insurance
You are here: Home: Financing: Payday loans Monday ~ July 15 ~ 2024 RSS-Feed Syndication
  Category: Financing

Payday loans

Fast and simple quick cash for emergencies ...

The latest articles
Making money on the side with a model job
Working as a model is the perfect way to make some money on the side with a part-time job that does not require … more
Category: Finances
Incoming insurance for foreign guests and visitors to Germany
In the event that foreigners visiting Germany, Switzerland and other Schengen countries are taken ill, the medical costs can be covered by an … more
Category: Insurance
Saving money on your grocery bill
Many people pass over the coupon pages of the Sunday newspaper without even giving it a thought. If you found a dollar bill … more
Category: Finances
The Rent-to-Own Trap
You see a TV set at the rent-to-own center that you like. It's a big-screen version, complete with high-definition capabilities and a remote … more
Category: Finances
A payday loan is a fast, simple and easy way to obtain cash when you need it, right away. Maybe your car suddenly needs a new transmission. You need it to go to work, but the mechanic won't release until you pay the bill in full ... and you won't get enough money until you receive your next paycheck in 10 days.

What do you do? Maybe your sick child needs asthma medicine but you're not insured. The weather's hot, the pollen count is high. Another attack and she'll have to go into the hospital again which is even more expensive. What do you do? Your younger brother was stopped by the police and put in jail for unpaid speeding tickets. If he loses his job he'll cost you even more money. What can you do? Payday loans are designed to help you through these kinds of short term emergencies.

Thanks to the Internet, you can get a payday loan online in just a very short time. It's quick and easy to apply. Usually you don't have to fax in any documents. Once you're approved, the money is sent direct deposit into your checking or savings account. Many companies offering a payday advance loan such as this will offer flexible repayment terms and let you renew the loan if necessary. By applying for your payday loan online in this manner, you don't even have to go to the local branch of the payday loan office. Nobody will see you walk in. Nobody will know about the money sent straight into your bank account. The amounts available vary from $100 to $1500 depending upon how much you need and how much your net paycheck is for.

Sometimes with payday loans you supply the lender with a check stub from your job to prove you have income and also a photo ID. You certainly don't want them providing money to someone else who's posing as you. You sign a loan agreement and provide the lender with a check postdated for the day you will receive your next paycheck from your job. They will deposit that check on that very date unless you pay off the loan prior to that time. That's what makes it a payday advance loan. You're getting money in advance of your payday, and it will come out of that next paycheck, along of course with the agreed upon interest payment.

It is possible but not generally recommended to take out multiple payday loans. If you cannot repay the loan in full once you do receive your paycheck, you can renew the payday advance loan, but you can pay off as much of the balance as possible, so that you repay the loan in full as soon as possible. Such payday loans are legal debts that you owe, whether you obtain yours in person or you got a payday loan online. You should read the agreement over carefully and keep a copy for your records. This is a short term loan to help you through a short term emergency. It is better than writing checks that bounce, which means paying the bank high fees for returned checks, and also is legally risky. (don)
Bookmark to Bookmark to Bookmark to Bookmark to Bookmark to
Rate this Site:

Average rating: 10 of 1 votes.

Websearch with Google Web
More articles in category Financing:
Adjustable rate mortgage
If you are buying a home for the first time, then you are wondering what type of mortgage to get. Unless you have a reliable friend, relative, or acquaintance that is going to tell you the truth, do the research on your own first. Mortgages come on a wide variety. … more
Fixed rate mortgage
Houses are so expensive today that it makes it difficult to commit to take the plunge and acquire a large monthly payment. In fact, trying to decide which type of mortgage to get is almost as difficult as trying to narrow down your choice of a new home. Unfortunately, your … more
Interest only mortgage
The interest only mortgage is a terrific financial tool for those of you who want to buy more home than you can currently afford. It is also a great financial tool for those of you who want to buy a home with an income that is currently irregular and … more
Beware of bad credit loans
You might think that having bad credit means that you cannot obtain a loan or that you will need to pay outrageous interest rates on your loan. However, this is not necessarily the case. Some lenders take advantage of people who have bad credit. For this reason, you should be … more
Credit and credit cards
You probably receive letters in the mail and see the advertisements on TV for credit card promotions: “0% Interest Rate!” “No Payments until the Year 3000!” “No Annual Fee!” Then you see it – five pages of tiny print that might as well be in a different language. Most people don’t even attempt … more
Credit Bureaus
There are three major, national credit bureaus that collect and maintain credit information on you. They are: Equifax Experian (formerly TRW) TransUnion The credit bureaus are also known as credit reporting agencies (CRAs). There are other agencies, but most banks, car dealerships, and credit card companies rely on the three major bureaus. According … more
Your personal finance magazine at  
Finances ~ Banking ~ Investing ~ Financing ~ Credit Cards ~ Insurance Copyright © 2005- ~ All rights reserved