November 24, 2011
Sometimes, people are faced with problems regarding their money which means they need instant cash. read more..
September 22, 2011
Too often you encounter people who are absolutely crazy for their credit cards because they are in the misconception that credit cards are the solution to every financial situation. However what if a payday loan was the better option you have been looking for all along? read more..
September 15, 2011
On a day-to-day basis, people require money regardless if youâ€™re wealthy, an average Joe or absolutely broke!
However, there do come times when you open your wallet, peer into your piggybank, check your online bank account or even attempt to make a transaction at the ATM- and you realize, youâ€™re out of cashâ€¦ read more..
August 31, 2011
When bills start racking up and money starts becomes an incontrollable issue, what choices do you have? They say money comes and go but at times it may feel like itâ€™s only going and never coming! Iâ€™m sure we can safely say that everyone finds themselves in this position at some point in their life- but what to do? read more..
February 20, 2011
Traditional loans from traditional lenders are not for everyone. They are especially not for everyone all of the time. Loans from banks and other common lenders tend to come with several restrictions and qualifiers that rule out a lot of people. And for those people there is an alternative in payday advance loans. But, who benefits the most from this type of loan?
- Those with bad credit. For anyone who has fair or poor credit, the hopes of being approved for a personal loan from a bank or traditional lender can often seem to be slim. Lenders will rarely grant a personal loan to anyone who has severely damaged credit, and even those people with credit that is only moderately in disrepair will have difficulty being approved for a loan amount that can truly be of benefit to them. For such individuals, a payday advance loan is the perfect way to bypass traditional lending and get their hands on the money that they need. Poor credit does not come into play when determining eligibility for a payday advance loan. Instead, all that the payday loan centre needs to know is that the individual is of age and makes a certain amount of money each month. Some payday loan lenders may also require proof of an account from which they can debit the loan amount at the time of remittance. Otherwise, borrowers with a shoddy credit score are more than welcome at a payday loan centre.
- Those with no credit. But what about those people who have absolutely no credit history? What are they to do if they need money and cannot secure a loan for an adequate amount? Payday advance loans are tailor-made for people who have yet to establish any credit. This means that payday loan advances are ideal for university students, young people and anyone else who has never previously opened a line of credit. Much like the requirements for individuals with bad credit, borrowers who have no credit only need proof of monthly income and their age. From there, it is a matter of determining what amount the payday loan centre will grant to the borrower, and even this is calibrated according to the borrower’s monthly earning capacity.
- Those who need money now. Even those with good credit will encounter times in their lives when they need money considerably faster than what a traditional lender can provide. Most personal loans take at least a few weeks to approve, even the short-term ones, which also known as bridge loans. However, sometimes people do not have that long to wait. Whether it is a pressing bill, an urgent home repair or an unforeseen medical emergency, these people need money instantly. Credit cards will not always suffice in these situations either, especially if the amount that the person needs is bigger than their current credit card spending limit. Furthermore, people with good credit know that they should not be employing more than 50% of their credit limit anyway. What are these people to do then? A payday advance loan will get these people money in as little as five minutes, and in no time they can be on their way to easing some of their pressing financial burdens.
December 20, 2010
With the holiday season fast approaching, millions of Australians are seeking an extra cash source to pay for costly gifts and festive outings. It’s a classic case of consumer spending shooting toward the sky at the end of the year â€“ one that retailers and other product-based businesses prepare for on a regular basis. read more..
December 13, 2010
There’s been a reasonable amount of criticism aimed at payday lenders â€“ criticism that in several cases has been helpful for streamlining and improving the industry. But one common complaint just doesn’t seem to fit in amongst the others, both in its inaccuracy and its nature â€“ the idea that a large portion of the world’s payday lenders cater almost entirely to working class borrowers. read more..