Fast Online Payday Loan - Things You May Want to Know

Do you want a fast online payday loan? A loan that you can apply for that will only take a few minutes to complete? This loan does exist, but you need to know what this loan is all about. With this loan, you can be approved within minutes of applying online. Once you are approved, you will receive funds to your account in one hour.

How much are the fees?

There are no fees with this loan, but you will need to pay interest on the loan that you apply for. This interest should not exceed the 18% level.

Will I need to show some sort of identification for a fast online payday loan?

No. Identification is not needed for this loan. You just have to meet the minimal requirements for this loan at the time of application.

These requirements are:

1. Must be of legal age, which is 18 years old
2. Have a full social security number
3. Must have a job for at least three months and be currently working.
4. Be a legal American citizen
How will the loan company contact me, once they have approved my loan application?

They will contact you usually by email, but it is up to you to let them know what way is best for you. Make sure it is clearly stated in your application how you would liked to be contacted.

How would I know that I'm in a state that allows for this loan?

Article Source: Ezine Articles

Instant Payday Loans - Do You Need Short Term Finance

Payday loans as the name itself says are designed for those who get paychecks. There may be some emergency in your personal life that requires you to depend on some loans. Loans are available but the process of documentation and the time taken is too long. You need a short term loan may be for a month or so. So here is instant payday loan for you.

You may have any type of urgent finance needs to tackle, they may be medical bills, electricity bills, pay car loans. All these and many more can be easily solved using an instant payday loan.

The criteria for the loan are that the borrower has to be employed on a regular basis, be a major and hold a valid current bank account. If all these criteria are fulfilled then the cash is transferred almost instantly to the applicants account.

Amount ranging from £1,00 to £1,200 can be availed through these loans. The amount approved may depend on the credit rating of the applicant. The period of the loan is from 14 to 31 days. So when borrowing you should understand that these are short-term loans.

Instant Payday Loan are a form of unsecured short-term loans with an easy and flexible repayment schedule that makes it easy for the borrower to pay. The repayment schedule can be changed by informing the lender and make changes in the repayment with payment of a small extra fee.

The rate of interest for such loans is very high. The reason for the high interest rate is that they are for a very short period. These loans are available to those with a bad credit history like those with CCJs, deferred or missed payments and or those whom face bankruptcy. The advantage of such loans is that the borrower can improve his credit score with these loans. Helping him in turn to borrow higher amounts in other loans in future.

The Internet is a rich source for instant payday loans. They are available with many companies with simple online application. Try them to solve your financial crisis in the short term.

Article Source: Ezine Articles

Instant Cash Loans For Emergency Situations

At some point of time, everyone will feel the cringe at their pockets as their financial situation suffers some jitters. The need for emergency funds in order to cover up some credit hiccups is a common occurrence and towards this purpose, online payday loans can come as a great relief. There are various companies that offer such types of loans and it does not take some Einstein to search for them. Also known as a cash advance, it is basically a small loan that is given to an individual who has to pay it back in a short period of time. It is a rather simple and effective means of avoiding a blemish on your credit history which all would want to avoid.

These companies who lend such types of cash advances do not deem it necessary to go through one's credit history. If the person has a Picture ID of himself, the current month's bank statement, a pay check stub, a valid checking account and a blank check, then he is good to go for applying for such loans which banks do not allow.

When one applies for an online payday loan, he or she needs to fill out a certain application form demanded by every company. Personal information like name, address and phone number need to be recorded in the application form. It is also required to supply the agent copies of you bank statement, check stub, three names of references, and a picture ID also.

After filling out the application form and after providing all the required documents and details, the application is considered for approval. Once approved, the company writes a check for the applicant for the desired amount of money required in addition to the interest he is supposed to pay. Every U.S State Governments draw their own limitations on the amount of money that can be borrowed but in most cases the client can be given a loan from £20 to £300. Even with state mandates, establishments may vary on the maximum amount allowed. The customer is given the amount of money he requires either directly or it is wired to his account.

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Companies That Offer 100 Day Loans

100 Day loans is a new method that lending companies offer to borrowers, giving them an extended period of up to 100 days. This is beneficial because the payday loans takes about 14-30 days to repay and a late payment fees is charged to the customer. Majority of applicants for 100 day loans receive approval and repayments is about three months. The procedure of applying is very simple and this is designed to get money to the client as fast as possible. The loans do meet tight financial obligations that occur unplanned for example, paying of medical fees, additional tuition for kids, paying for increase in fuel cost and mileage, paying of internet, water and electricity bills.

Before a borrower can receive the loans, it is advised that they do thorough research on the lending companies, concerning their rules and regulations on repayment for the pay day loans. Some lenders usually don't extend the repayment period and the client may incur huge interest fees. In addition, other lending companies may give a first time applicant a lower amount that applied for depending on a number of factors including: income levels, country laws and work information.

The loan amount approved, is determined by the information provided by the client in the loan application form. Most 100 day loans range from £ 500- £ 1500, but the lending companies can lend up to £10,000.Large numbers of first applicants, are never given a higher amount but after successful repayment, the lending companies increase the figures in the future. In cases where the borrowers has insufficient funds to finish the loan by the agreed date, the lender should be contacted and most of them do accept part payments and can extend the loan for an additional fee.

When the lender accepts the loan application, it usually takes less than 24 hours for the loan to be processed and then send an email to the lender to confirm and give further instructions on what needs to be done. In the application form, the borrower must give personal information that the lender will use to wire the cash directly to their account. The information given is always kept securely and discreet in the lender's database files.

Lending companies are under stiff competition, and that has made consumers to be aware of their existence, with this knowledge, they can make wise decisions on which is the best company that offers the best rates on the loans that will suit their urgent needs. When a borrower is in a financial crisis, they need a lending company that has easy and simple steps that will not be tedious for them. The lenders offer very quick and accessible services, others being available online for those who can access the internet.

Article Source: Ezine Articles

Save on Your Short Term Loan With a Wonga Promo Code

Wonga is among the leading lenders in the short term loan market in the UK. Known for the excellent service they provide to their borrowers, Wonga also takes great pains to ensure greater transparency which helps borrowers by providing them complete access to useful information. Wonga uses tools like the payday slider, which is available on their homepage, to help potential borrowers calculate the exact amounts to be paid and the respective due dates. The fees that Wonga charges its borrowers vary based on the term of the loan and are not fixed amounts, unlike most other short term lenders. Combine these savings with those available with the use of a Wonga promo code and you'll be able to save a good chunk of money.

Is Wonga a reputable lender?

Wonga has been in the short term loan market since 2007, and as their thousands of customers can attest, they are amongst the most popular lenders. They serve a larger portion of their market as they offer loans in amounts up to £1000, which is 33% higher than the industry standard of £750 per borrower.

While most short term lenders charge 25% interest for every 28 days, Wonga charges 1% interest per day. This can save you a significant amount of money if you only need to borrow for a few days. For instance, if you borrowed an amount for 10 days with any other lender, you'd have to pay 25% interest while with Wonga, you'd just have to pay interest for 10 days. You could save an additional 20% on these charges by making use of a Wonga promo code.

While Wonga limits the loan to a maximum of £400 for first time borrowers, it offers a loan of any amount between £1 and £1000 to repeat customers. It is easy to find lenders willing to lend more than £1000, but it is very difficult to borrow amounts smaller than £50, making Wonga the perfect choice for those looking for smaller loans.

Wonga Interest Rates

Loans from Wonga may appear more expensive at a 36% interest rate for a 30 day loan. However, digging deeper into their fee structure, it becomes apparent that it might actually be much cheaper to borrow from Wonga than other short term lenders. If you need to borrow for a period of less than 18 days, Wonga works out to be cheaper than the majority of other lenders. Again, this is because Wonga charges fees on a daily basis while the other short term lenders charge you the entire 30 day rate even if you repay the loan within 10 days.

For instance, if you borrow £100 from Wonga for 7 days, you'll have to pay £12.78 in interest charges. The interest for 14 days would be £20.07 and the interest for 18 days would be £24.23. Borrowing £100 from any other short term lender for 1 to 30 days will cost you £25 in interest charges. As you can see, depending on the term of the loan, you can save a nice chunk of change on fees by borrowing from Wonga. Using a Wonga promo code will only add to these savings.

Unlike other short term lenders who can take a couple of days to transfer the money to your bank account, with Wonga loans you receive your money on the same day. Bear in mind that with other lenders, even though you don't have the money for 2-3 days, you are still being charged interest for those days. Wonga has an exceptionally quick decision making process; borrowers can be approved in as little as 1 hour with the right documentation.

If you'd like to get the money from other lenders on the same day, they will usually charge you a fee of £20 for a same day transfer. All these charges can add up and the net interest rate you end up paying could be much higher than the original one you agree to. Luckily, there are no such hidden fees with Wonga.

Qualifying for a Wonga Loan

While Wonga performs routine credit checks like any other lender, you don't have to send them documents by fax or other means. Wonga allows you to complete the entire application process online with no further hassles.

All you need to do to qualify for a short term loan from Wonga is:

· Be at least 18 years of age

· Hold an active bank account with a debit card

· Be a UK resident

· Be fully employed

If you are able to satisfy these conditions, you could have your loan application approved extremely quickly and enjoy the favorable repayment terms Wonga offers.

Article Source: Ezine Articles

How to Get 100 Day Cash Advances Without a Checking Account

What would you do if you need to get your hands on some money very quickly but you don't have a checking account? And what if your credit was really, really bad? How will you get the money you need?

Maybe you've heard of payday loans and think you've got a shot with them. But you know that they expect you to repay the money on your next payday. And perhaps you've heard that those cash advance companies also require you to have a checking account.

I guess if you're comfortable with the idea you could go down to your local pay day loan store, get in line, and get the money you need from them. Perhaps it's not the safest thing you could do, but it has done the job for a lot of people over the years.

If you'd prefer to get the money you need without leaving the safety of your own home then I've got some good news for you.

The No Checking Account 100 Day Payday Loan Secret

You see, there are online payday loan companies that not only lend money to people who don't have a checking account, they also offer them up to 100 days to repay their loans.

At least one of these companies works with more than 150 banks, financial institutions, and cash advance companies in order to find their clients the lowest interest rates and the most money. Most of the companies they work with offer up to 100 days to repay a loan. And some of them do not require the borrower to have a checking account.

You will need a savings account, though, because the pay day loan company that will lend you the money will wire the funds directly into your bank account once you are approved.

How Long Will It Take For You to Get Your Pay Day Advance Loans?

Figure that it will take you around fifteen minutes to fill out the application. The neat thing about at least one of these companies is that within 90 seconds after you submit the application they will have gone through their entire database and will have found the companies that will lend you the money without a checking account.

And they look for the companies that have the lowest interest rates and offer the most money.

Article Source: Ezine Articles

Cash Today Payday Loan

Is there such a thing as a cash today payday loan? Is it true that I can get a loan the same day I apply? Yes. Is the simple answer to these two questions. Later in this article, you will know more about this loan and why it is becoming a preferable option for those seeking funding.

What is a cash today payday loan?

A cash today payday loan is a loan that extends money to a borrower, on the same day that they are approved. It is a great option for those with bad credit who need money quickly.

How fast will I have funds sent to my account, once my application is approved?

You can expect to have cash sent to your account, within about two hours after approval. This is the standard procedure for these types of loans.

Can I get this loan if I have a felony?

Yes. You can get this loan if you have a felony, but you will need to explain the nature of your offense to the loan agency directly by phone. As long as it is not to serious, you will be able to get funding.

How much money can I get from this loan?
Cash today payday loan companies will allow you to borrow up to $1,500. If this is not enough, you can contact the loan agency and they will work out a way for you to get a higher amount.

Article Source: Ezine Articles