What Makes a Payday Loan Line of Credit Different from a Credit Card?

Most people use credit cards. They have a place and can be useful for making quick purchases, but there are some serious drawbacks too. An alternative to credit cards is the payday loan line of credit, but to understand why this may be a better choice for you, it’s important to know more about this kind of loan and how it measures up to credit cards.

A Payday Loan Line of Credit is a Flexible Loan

One of the best things about a payday loan line of credit that makes it better than a credit card is that it is a real loan, but it’s one that gives you flexible options. With another kind of loan you have to choose the exact amount of money you want to borrow and take it all at once. With this loan, you get approved for a certain amount, but then you only have to use as much as you need. It gives you flexibility and helps prevent you from getting into debt you can’t afford, something that can happen all too easily with a credit card.

Credit Cards Keep You in Debt, a Payday Loan Line of Credit Won’t

Unlike a credit card, which allows you to spend to your limit and then avoid repaying it for months or even years, a payday loan line of credit is actually a loan. You have to repay it on time. This may seem like a drawback, but it isn’t. Credit card companies want you to pay only the minimum every month. It’s how they make money, but it’s also how you stay in debt indefinitely. You shouldn’t have to carry that burden just to be able to access cash when you need it. With a payday loan line of credit, you get that access without the long-term debt.

See the Cash You Spend—and Save—with a Payday Loan Line of Credit

One way that credit cards get people in trouble is that they are too easy. To spend, all you need to do is pull a card out of your wallet. You don’t see the cash, and studies have proven that when you don’t actually see the cash you’re spending, you will spend more. With a payday loan line of credit, spending is a little more difficult. You have to access the cash through your bank account, but this gives you the opportunity to take cash from your account, see it, and spend it more frugally than you would with a credit card. Overall, you’ll save money.

Get Approved for a Payday Loan Line of Credit, Even with a Low Credit Score

You may get denied for a credit card if your credit history isn’t up to scratch, but with a payday loan line of credit you can get approved even if you have a lower credit score. This is a promise our lenders make because they believe that everyone should have the opportunity to benefit from these great loans and shouldn’t be forced to use credit cards as an only option.

What Makes a Payday Loan Line of Credit Different from a Credit Card? By Heather Wilson - 8/30/17

How to Stay Safe Online While Still Using a Payday Line of Credit

A payday line of credit is a type of loan that you can get online, which makes it really convenient, easy to use, and most importantly, quick. On the other hand, getting money online means taking a security risk. We all take risks these days for the sake of convenience, making purchases online, sharing information on social media sites, and downloading apps. So how do you get the convenience and the cash, and still stay safe?

Use a Payday Line of Credit with a Reputable Network of Lenders

A payday line of credit is a source of credit that you can get online, get approved for based on your job history instead of your credit score, and that gets you cash as needed. You get approved then draw on the amount at any time. One of the most important things you can do to ensure your personal information remains secure while using one of these loans is to check out the lenders. Before using an online service, be sure there is a real company behind it, with contact information that includes a telephone number and a real address. Find out how the company selects lenders and what the criteria are. This kind of information will tell you if you are working with professional lenders or not.

Make Sure Your Payday Line of Credit Service Doesn’t Sell Information

Another way to make sure you stay safe while taking advantage of the convenience of an online payday line of credit is to find out the service’s policies. Ask questions about what they will do with your information. The answer you want to hear is that your personal information, the information used to get you approved, is only given to the lender that will be helping you get the loan. A lending service should never sell information to third parties. Also find out if the service will delete your information once your approval has gone through and you have an official loan document. This is also important for security.

Find out about Encryption before Applying for an Online Payday Line of Credit

Finally, one of the most important ways that you will remain secure online, even when providing details for a payday line of credit application, is to have excellent encryption protecting your sensitive data. Ask about encryption software and hacker deterrents, or read the website carefully to find out how your information will be protected. This is so important, and while most websites today have this technology, you should never assume it is there. Encryption is one sign of a reputable lending company and a sign that you can trust a service to protect your data while providing you with a loan.

If you take these steps before working with an online lending service, you can enjoy all the benefits of an online payday line of credit while still remaining safe and secure against identity theft.

How to Stay Safe Online While Still Using a Payday Line of Credit By Mindy Lobo - 8/23/17

This is the Best Way to Get Personal Loans to $25,000

You might think that the best, and probably the only way, to get loans to $25,000 is to go to the bank. It’s true that banks are among the few lenders that actually offer such large personal loans, along with mortgage lenders and auto lenders. But, what you need to know is that these big lenders are not necessarily the best choices for you. You can get a larger personal loan from a better source, and we’ll show you how.

Why You Need to Reconsider the Bank for Loans to $25,000

For some people and certain situations, getting a big loan from the bank makes sense. These are people who need large amounts of money, who have excellent credit scores, and who have other assets to back up their borrowing. These people may have a house or business assets that can act as collateral to help them get approved for large bank loans. But what if you don’t have those assets? What if you don’t have perfect credit? Does that mean you don’t have the right to borrow larger amounts? If you turn to your bank, that is exactly what it means and you are likely to get turned down.

A Better Way to Get Loans to $25,000 is Where You Never Thought to Look

If you are working one or more jobs and if you sometimes run out of money before your next paycheck, you have probably worked with payday lenders before. These are the lenders that provide small and short-term loans to help people get through the week, providing enough cash to make it to payday. Did you know that some of these lenders also offer larger loans? You can get loans to $25,000 from our payday lenders. They don’t just offer those smaller loans; they also provide bigger loans for the times you need more money and the bank is not a good option.

Get Loans to $25,000 Online, from Our Payday Lenders

As with our typical payday loans, you can get these loans to $25,000 just by going online. Instead of going to the bank, and getting rejected, you can simply go to our website and apply, just like you would with a smaller payday loan. The requirements for approval are similar, so if you have a lower credit score but you have a good job and a regular paycheck, you can still get approved for these larger loans. The application and approval process is just as fast and the time it takes you to get the cash is much less than what you would see with a big bank loan.

This is truly the best way to get loans to $25,000, loans that offer you even more opportunities than your standard payday loan. Apply online now, get approved and get the large loan you need, even if your credit isn’t perfect.

This is the Best Way to Get Personal Loans to $25,000By Eric Knapp - 8/16/17

Online Lending vs. Credit Cards – Get the Real Truth

Getting extra cash is not that difficult these days. There are plenty of people and businesses that exist solely to get you to borrow money so that they can make money from you. As a consumer and borrower, you have to be knowledgeable about what your options are, how they stack up to one another, and what makes the most sense for you. One of the biggest battles is between online lending and credit cards. Here’s the final answer on which is better.

Convenience – Online Lending Ties with Credit Cards

Both of these financing options are convenient for borrowers, and that is important. With so many choices for getting extra cash, ease of use is a must have. With credit cards you simply apply, usually through the mail or online, wait to get your card, and then once you have it, just swipe away to spend. With online lending, you go online or use an app, apply, and get cash sent to your account by the next morning for the utmost convenience.

Good Debt – Online Lending Wins

One very important way in which online lending beats credit cards is the type of debt it gives you. There is such a thing as good debt and bad debt. Credit card debt is bad debt because it never goes away. Credit card companies aim to keep you in debt indefinitely to make more on interest charges. With online lending, you get a small loan that you repay in a week or two. You are left debt-free again, and paying it back on time actually helps your credit score.

Avoiding Overspending – Online Lending Wins Again

Another issue with credit cards is that when you spend with plastic, you tend to overspend. There is a psychological element to this that has been proven: when you can’t see the cash, you spend more. With online lending, you get actual cash that you can see and spend. You also have a finite amount of cash that you have borrowed, unlike with a credit card, so you can budget it and spend it as you intended, without going overboard.

Safety – Online Lending Takes the Cake

All those paper applications for credit cards that you get in the mail are a leading way that people open credit cards in another person’s name. It happens all the time, but not with online lending. There is no paper trail because everything is done online with the best encryption software for protection. Online lending is truly safe with a reputable lending service because there is no paper for someone to pick up and misuse, and your information stays with your lender only. No one else gets access to it.

The options for borrowing money are not likely to be limited any time soon. If anything you will be given more options in the future. Understand those options, how they will impact you and your finances, and then make a smart choice, like online lending.

Online Lending vs. Credit Cards – Get the Real Truth By Eric Knapp - 8/9/17

Need Cash Now? Get It Immediately With An Emergency Loan

If July 4th was any indicator, the end of the summer signals before school parties and worries for many Americans. Don’t miss out on the fun just because you are waiting on your paycheck – use an emergency loan to enjoy your money today! An emergency loan turns your future paycheck into cash in your account today. If you’re upset about missing out tomorrow while your friends go on adventures and enjoy themselves, use an emergency loan to get your cash now!

Online Emergency Loans Available Fast

We have been anxious and felt the dreaded “Fear Of Missing Out” or FOMO. With our amazing online emergency loans, you never have to worry about missing out on the fun again. Stop waiting your pay period to catch up with you and apply online for an emergency loan today. It’s your money, so why watch life pass you by while you wait for it to get here?

Emergency Loans Are Quick and Easy To Apply For!

When we think about the lending process, we usually think about sitting in a boring old bank or filling out stacks and stacks of paperwork while we wait weeks or even months for a final decision. Our online emergency loan is so simple, you don’t even have to leave your living room! You can apply for an online emergency loan from your laptop, tablet, or smartphone at any time - day or night. Our hard-working lenders are laboring around the clock to best serve you whenever your needs arise and to make themselves available. Unlike making a trip to a traditional bank, you don’t have to pay attention to business hours and find a close location when applying for an online emergency loan. So why wait – apply today!

You Can Qualify For An Emergency Loan In 5 Minutes Or Less

A few minutes is all it takes to complete our easy online application! We know when life knocks you down, it happens fast, and in today’s world no one can afford to take a break. That’s why our online emergency loan is simplified to be as quick and easy as possible to get approved. You don’t even have to provide collateral, pass a credit check, or provide a credit score at all. As long as you are an 18 or older US Citizen, with a bank account, and meet our minimum requirements an online emergency loan could put YOUR FUNDS into YOUR bank account within 24 hours! Seriously, get an instant quote by tomorrow get approved for and receive the money from an emergency loan.

Don’t Wait On The Bank With An Online Emergency Loan

We all know how wasteful and tedious customary banks can be, especially when it’s something as widespread and important as a personal emergency loan. With our emergency loans, you don’t have to wait for days or weeks just to find there was an error with the process. In fact, you don’t have to delay at all. Our online emergency loan takes less time than creating an avatar, and is easier, too! Apply for an online emergency loan today!

Need Cash Now? Get It Immediately With An Emergency Loan By Eric Knapp - 8/2/17