Wednesday, October 19, 2016

Payday Loans Just Plain Make Life Easier. Period.

Payday Loans Just Plain Make Life Easier. Period.


This scenario might sound familiar: You check your bank account, everything looks fine. You put gas in the car, go to lunch with a coworker, and stop for groceries on the way home. By the time you get there you have a text message from your bank letting you know that your account is overdrawn. How is that possible? As it turns out, your spouse needed gas today too, and stopped at the ATM so they’d have cash for the weekend. Those two overdrafts just cost you more than both tanks of gas and your lunch combined. Ouch! Compare that to the cost of a payday loan that can keep your checking account above water, even when you think you might be able to squeak through until payday without it – because we’re all just human. Mistakes happen – but they shouldn’t have to cost an arm and a leg.

Managing a Budget Crunch is Much Tougher Than Getting a Payday Loan!


Some people seem to be more naturally gifted at making and managing a budget than others, but whichever group you’re in you’ll agree that the process of applying for a payday loan is easier by far. The entire process is completed online, which means it’s as convenient as it could possibly be – no need to take time off work, adjust your schedule to fit anyone else’s, or even change out of your pajamas if you don’t want to. You can apply at any hour of the day or night, and lenders will be available to process and approve your request, and deposit the funds to your bank so they can be available for you as soon as the next business day. There is no collateral required, no credit check or credit references, and no prior year tax returns or other personal financial statements that need to be scanned, faxed or mailed in. Just a simple online application, a terms and agreements document to sign that spells out everything you need to know about the fees, interest, and repayment schedule, and the peace of mind that comes with knowing you have enough cash on hand to take care of yourself and your family’s needs.

Surprising Facts About Payday Loan Approvals


Here’s one: more people have their payday loan application turned down because of a typo than because of their credit score! Ok, that’s a tricky one – because the lenders providing payday loans do not base their decision on the standard “Big Three” credit bureau credit check. They understand that many of us have had financial difficulties, and that our credit report continues to ding us for transgressions that were many years in the past. Using more current confirmable facts about an applicant’s income and employment, and other proprietary systems to make approvals, they can avoid the credit score issue completely. Another surprising fact is a payday loan isn’t just for emergencies – since overdrafts and late fees are so costly, payday loans can actually save you money!

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