Cash Advance Lenders Only Want To Help
You might not realize that cash advance lenders only want to help you make it to your next paycheck, if you are desperately seeking funds for an emergency. That's why they offer payday loans to be repaid, the next time you get your normal check and many of them don't care if your credit is bad, either. As long as you make enough and have been on your job long enough or get steady income reliably, you can prove the ability to pay them back.
Since cash advance lenders only want to loan money short-term, most of them will offer repayment plans up to 14 days or the next time you get paid. There are some that offer 30 day terms for those that get paid once a month, however. Because cash advance lenders only offer short-term repayment schedules, you shouldn't borrow more than you can repay, easily.
Cash advance lenders only charge a small fee, in actual dollars and cents, even though you might see it depicted in annual interest percentage terms. For most options, you can expect to pay anywhere between $15 and $35 per $100, for a two-week period. You can find the cheapest options on the Internet, making it easy to complete the transaction from home. Cash advance lenders only require a simple application to get started and you can usually find some of them that approve your request in a few minutes, or less. If you need money the quickest, you can have them directly deposit it.
When you think about it, cash advance lenders only want to make it quick and easy to get you through an emergency, but you can use the money to buy food or anything else you really need. Since cash advance lenders only care about getting repaid and establishing a credit line for your emergencies, you can get a second chance, if you have taken out bankruptcy or had a foreclosure because of a job loss, in the past.
For those that need to get a new start, cash advance lenders only offer to loan a few hundred dollars, although some might loan you around $1500 or more, if you make enough. You shouldn't rely on them for a major financial problem, but they might keep you from getting your car repossessed or help you pay the rent, so you can see why they come in handy to save you from financial stress.