Home » Finance

Payday Loan Cash Advance

Dec 11, 2007
What is payday loan?

Payday loan is a small cash advance that you can use in between pay periods. It normally ranges between $100 to $1500 to meet any financial emergencies. This type of loan is unsecured loan and also known as short term loan or cash advance payday loan.

No fax payday loan?

With the advancement in technologies, now you can apply for payday loan online, no need to fax any documents and requires no credit check. This ensures that you do not need to stand in long lines at the local pawn stores. No fax payday loans are amongst the best and most convenient options to arrange quick cash advance.

Bad Credit OK.

Most payday loan lenders do not check your credit history. This is particularly important for people with bad credit. Any bank or financial institutes often deny them the unsecured loans. Bad Credit payday loan are one of the best financial management tools that help thousands of people with bad credit to get some emergency cash advance.

Choosing a payday loan lender.

You should consider a few points before choosing a payday loan lender. The points worth checking are the loan's interest rates, loan fees, terms and customer service. You can shop around on the internet, look at various lender's site to get as much as information possible.

Payday loan benefits.

The loan can be applied online, in person or over the phone. The lenders normally do not check the borrower's credit history and the process requires no fax. The complete process takes about 20 minutes and the cash can be transferred to borrower's account in 1 to 24 hours.

Payday loan are generally expensive and the interest and fees ranges from $15-$23 for every $100 borrowed for 2 weeks. You should only try to obtain them in case of extreme financial emergencies. Here is a small comparison on what banks and payday loan companies charge.

* Banks and merchants charge an average non-sufficient funds fee of $22-$25 per check.
* Credit card companies impose an average late fee of $25-$29
* Fees charged on Cash Advance payday loans range from $15 to $23 on every $100 borrowed

Payday loans have changed life of thousands of borrowers with poor or no credit. These people would be denied a loan at any bank. The fact is, although payday loan is expensive but it does help you get out of the financial crisis. You can keep the cost low by paying the loan back on time. In USA, all states have laws that govern payday loans. By reading up on your state's payday lending laws, you can be sure that you're getting a fair deal. Often, lenders will try to charge you more than they're permitted by law. Get informed and avoid getting ripped off!

In summary, payday loans are great benefits to meet any financial crisis but are expensive. It is great specially for people with no credit or bad credit as it will be difficult for them to get loan from bank or financial institutions. You should always do some research before choosing a lender and also try to payback on time to keep the associated costs low.
About the Author
Girish Jaju is webmaster of www.payday-loans.name. Please visit Payday loan cash advance website to get upto $1500 payday loan in an hour. Instant decision, no fax required, bad credit OK.
Rating:
Please Rate:
(Average: Not rated)
Views: 296
Print Email Report Share
Article Categories
    • Artists
    • Gambling
    • Humanities
    • Humor
    • Movies
    • Music
    • Photography
    • Tattoos
    • Television
    • Classic Cars
    • Motorcycles
    • Recreational Vehicles
    • SUVs
    • Trucks
    • Vans
    • Branding
    • Business Opportunities
    • Careers and Jobs
    • Corporate
    • Customer Service
    • Direct Mail
    • Entrepreneurship
    • Ethics
    • Financing
    • Franchising
    • Home-Based Business
    • Human Resources
    • Import and Export
    • Leadership
    • Management
    • Market Research
    • Marketing and Advertising
    • Negotiation
    • Network Marketing
    • Networking
    • Organizational
    • Presentation
    • Project Management
    • Public Relations
    • Small Business
    • Strategic Planning
    • Team Building
    • Telemarketing
    • Training
    • Data Recovery
    • Databases
    • Games
    • Hardware
    • Networks
    • Operating Systems
    • Programming
    • Security
    • Software
    • Spyware and Viruses
    • Ask an Expert
    • College and University
    • Home Schooling
    • K-12
    • Languages
    • Online Education
    • Psychology
    • Coffee
    • Cooking
    • Gourmet
    • Recipes
    • Wine and Spirits
    • Acne
    • Aerobics
    • Alternative Medicine
    • Beauty
    • Cancer
    • Cosmetics
    • Depression
    • Diabetes
    • Diseases and Conditions
    • Fitness Equipment
    • Fitness
    • Hair Loss
    • Heart Disease
    • Medicine
    • Men's Health
    • Muscle Building
    • Nutrition
    • Skin Care
    • Supplements and Vitamins
    • Weight Loss
    • Women's Health
    • Yoga
    • Arts and Crafts
    • Babies
    • Collecting
    • Elderly Care
    • Genealogy
    • Hobbies
    • Parenting
    • Pets
    • Pregnancy
    • Woodworking
    • Feng Shui
    • Gardening
    • Home Appliances
    • Home Security
    • Interior Design
    • Landscaping
    • Affiliate Programs
    • Article Marketing
    • Auctions
    • Audio
    • Banner Advertising
    • Blogging
    • Broadband
    • Domain Names
    • E-Books
    • E-Commerce
    • Email Marketing
    • Ezines and Newsletters
    • Forums
    • Internet Marketing
    • Link Popularity
    • Pay-Per-Click
    • Podcasting
    • RSS
    • Search Engine Marketing
    • Search Engine Optimization
    • Security
    • Social Media
    • Spam
    • Video
    • Viral Marketing
    • Web Design
    • Web Development
    • Web Hosting
    • Copyright
    • Cyber Law
    • Intellectual Property
    • National, State, Local
    • Patents
    • Regulatory Compliance
    • Trademarks
    • Buying
    • Selling
    • Baseball
    • Basketball
    • Boating
    • Cycling
    • Extreme Sports
    • Fishing
    • Football
    • Golf
    • Hockey
    • Hunting
    • Martial Arts
    • Running
    • Scuba Diving
    • Soccer
    • Swimming
    • Tennis
    • Dating
    • Divorce
    • Marriage
    • Weddings
    • Astrology
    • Buddhism
    • Christianity
    • Faith
    • Hinduism
    • Islam
    • Judaism
    • Meditation
    • Metaphysical
    • New Age
    • Cable and Satellite TV
    • Cell Phones
    • Communication
    • Gadgets and Gizmos
    • GPS
    • Satellite Radio
    • Video Conferencing
    • VoIP
    • Addictions
    • Coaching
    • Goal Setting
    • Motivational
    • Stress Management
    • Time Management
    • Clothing
    • Electronics
    • Fashion
    • Gifts
    • Jewelry
    • Causes and Organizations
    • Environment
    • History
    • Holidays
    • Men's Issues
    • Nature
    • Philosophy
    • Politics
    • Women's Issues
    • World Affairs
    • Air Travel
    • Camping
    • Cruises
    • Destinations
    • Outdoors
    • Article Writing
    • Book Reviews
    • Copywriting
    • Fiction
    • Non-Fiction
    • Poetry
    • Quotes
    • Screenplay
    • Tools and Resources