Showing posts with label online pay day lenders. Show all posts
Showing posts with label online pay day lenders. Show all posts

Wednesday, June 22, 2011

What to look for in a Pay Day Cash Advance Lender

pay day cash advance lendersWhen you are looking to get a pay day cash advance loan it is crucial that you first spend a little time finding information about the various pay day cash advance lenders before deciding on which cash advance lender to work with. There are a large number of online lenders that offer these types of short term cash loans and the rates, terms and options vary greatly between companies. When taking out a pay day cash loan you will not only want to find a company that is reputable but one that also offers the right loan products to suit your financial needs.

There is a lot of legislation surrounding the pay day loan industry and the guidelines under which they operate will be largely determined by the state in which the pay day cash advance lender operates. Reputable pay day cash advance lenders will not only comply with these laws but also operate competitively within their industry.

Good pay day cash advance lenders set limits on the amount of money their customers can borrow at one time. In most cases these limits are set by state or federal agencies and are put in place to protect customers from borrowing beyond their means. A pay day cash advance lender may have a monetary limit on the amount that can be borrowed or the maximum amount may be determined by a customer’s monthly income. Either way you will need to carefully consider how much you can actually afford to repay from your next paycheck to avoid further financial stress. While extensions are available from most online pay day lenders they should be discouraged as extensions incur additional fees.

Naturally, the fees that a pay day cash advance lender applies to their pay day loans will be a determining factor when deciding on which particular lender to go with however their are other determining factors you should take into account. These loans are short term loans, generally two weeks to one month but the annual percentage rate is not a good indication of the actual cost of the loan as when expressed as an annual percentage rate these charges seem quite high. For this reason, a pay day cash advance lender will usually express their charges as an amount per every $100 borrowed. You can expect to pay anywhere from $25 to $35 for every $100 that you borrow from a pay day lender and with so many lenders offering these loans it is not difficult to find a pay day cash advance lender that will offer a competitive rate on the Internet.

online payday loansThe other important aspect to consider when selecting a pay day cash advance lender through which to obtain your pay day cash loan is the repayment terms that the company offers. Almost every pay day cash advance lender requires the loan to be repaid with you next month’s paycheck and at the time of applying for your loan you will be required to sign a loan agreement that allows the lender to directly debit the loan repayment funds on the repayment date for the loan balance, including fees, thereby clearing your debt. If you receive your paycheck on a weekly or bi-weekly basis you may ask the lender if they can negotiate on repayment terms to enable you to make weekly or bi-weekly repayments, and this is something that may well be considered by the pay day cash advance lender so long as the balance is paid within a one month period.

Finding information about good quality pay day cash advance lenders is easy with the help of Speedy Pay Day Cash. We pre-qualify the lenders before we admit them into our network and only admit those that are honest, reputable and completely upfront about their fees. One thing that can’t be understated is the importance of shopping around and that's exactly what we have done on your behalf. We compare various lenders for you and then provide you with a list of the best and most reputable lenders that will be a perfect match for your needs. By providing you with access to the most reputable online lenders and allowing you to choose a single direct lender you will not be inundated with offers, phone calls and excessive interruptions for days to come from multiple lenders.

Monday, June 20, 2011

Online Pay Day Loan Lenders Aren't All Alike!

pay day loan lenders not alikeWhen you compare online pay day loan lenders, they aren’t all alike. There are some lenders that offer hassle-free and quick cash loan approvals. There are some pay day loan lenders that can complete the entire process in as little as 1 hour. In fact, if you look carefully, pay day loan lenders that can complete the process in 1 hour can be found and be found right here at Speedy Payday Cash. When you need a pay day loan lender that can meet your specific needs and can help you get the emergency cash you need quickly and easily, then look no further!

For many people searching for short-term loans, pay day loans are something they are already familiar with. It used to be that pay day loan companies only operated out of storefront locations in seedy areas. There are now quality, discreet and honest online pay day lenders that offer quick, easy and hassle-free loans to get you the money you need quickly. If you have an unforeseen emergency, it can be helpful and convenient to start the approval process in the morning so you get the cash you need fast and without having to endure an entire day of worry as to how you will handle the financial emergency you are facing.

It can be embarrassing and humiliating to ask friends and relatives for a loan to get you through until your next pay day and some people might feel they are left without a choice, when an urgent need for cash occurs. There can always be unforeseen circumstances that leave you with the need for additional money before you get paid again, but if you start researching online pay day loan lenders, you might find yourself lost and unsure of who to trust or you will get lucky and find Speedy Pay Day Cash where you can get quick and hassle-free short-term cash loans from trusted lenders. We know that when it comes to relieving stress and anxiety, the online pay day loan options that help you get the money you need, from trusted souces and on terms you can afford, are the most attractive options.

When looking at online pay day loans you might be wondering about the high interest rates as the APR's can be several hundred to a couple thousand percent, but what you may not realize is that those rates are based on an annual rate and with pay day loans you won't have the loan out for a year. No matter what pay day loan lender you consider, a high APR is likly what you'll find, but keep in mind that pay day loans are designed as a short-term fix to an unexpected problem and shouldn’t be part of a long-term financial plan.

online 1 hour loansWhen you have an urgent need for cash, know that the loan fees are based on the amount you borrow and are nominal in actual dollars and with Speedy Pay Day Cash you will find lenders that can provide instant approvals with immediate direct deposit. If you prefer not to pay the extra fee for a 1 hour loan then, by all means, consider one of our lenders that provide the cash by the next business morning and without the extra fee for the rush.

Speedy Pay Day Cash and Zippy Pay Day Cash - Where only your zipcode gets you access to a list of quality direct online lenders that loan in your area.