WHY CHOOSE ICASHLOANS ? : When you need cash quickly you want to work with a service that is reliable and experienced in the payday loan industry - iCashLoans is both. We pride ourselves on connecting our customers with the best payday lenders to meet their needs. Why waste time visiting dozens of websites trying to figure out which lender will serve you best? iCashLoans is the only site that you need to visit when you’re looking for a fast, secure payday loan.

Cash Loans: "We Search 100+ Lenders Money in Your Account Next Day"

About Us:

Our services are designed to help you find a reputable payday lender to work with. iCashLoans has a large number of lenders in our network, and we are confident that we can assist you in obtaining the best payday loan to meet your needs. Everyone hits a rough patch financially at some point, and payday loans are a great solution for short-term cash flow problems. You don’t have to worry about how you are going to pay an unexpected bill, or cover an emergency expense, between pay checks - iCashLoans is your source for finding payday loans. Using iCashLoans is 100% free to you - we do not charge any fees for our services. When you use iCashLoans you will save time and money. All you have to do is provide us with basic information and we will instantly search our network of lenders to find you the loan that meets your needs. At iCashLoans we pride ourselves on working with lenders that are fair and honest in their lending practices. Our main goal is to provide you with a great experience when searching for a payday lender. All lenders in our network are required by law to follow all of the rules and regulations related to payday lending. Don’t drive around town to visit payday loan shops, and forget about looking at website after website trying to find a loan with fair terms. iCashLoans is the only place you need to go to find a payday loan. We will search our vast netowrk of lenders instantaneously to find you the loan that you are looking for.

Some lenders in our network may automatically roll over your existing loan for another two weeks if you don't pay back the loan on time. Fees for renewing the loan range from lender to lender. Most of the time these fees equal the fees you paid to get the initial payday loan. We ask lenders in our network to follow legal and ethical collection practices set by industry associations and government agencies. Non-payment of a payday loan might negatively effect your credit history.

Thursday, July 25, 2013

Learning About Cash Loans

Learning About Cash Loans
What are cash loans?
Cash loan is another term used for pay day loans. These loans are short term and thus have a high interest rate. These loans are offered for those who seem to find themselves out of cash in the last days of the month due to unforeseen expenditures that they had to incur. The cash loan or the pay day loan allows the borrower to avail cash against the applied loan within twenty four hours of the approval of the loan which spares them from long waits. Also, when an applicant applies for a cash loan, the notification of approval is sent to them within a few hours of their application. This allows these applicants to make timely alternative arrangements.

Cash loans are the perfect financial answer that allows borrowers to manage their money needs in a confidential and independent manner. Furthermore, all the money transactions through the pay day loans are managed online, which offers security and ease to the borrowers. However, people who use cash loans or pay day loans must keep in mind that these loans can end up in a debt trap and therefore, they should only borrow the amount that can be paid on time and without defaulting. In some of cases the late payment penalty fee can amount to three times the amount of the principal.

What are the selection criteria for the candidates of cash advance loans?
The selection criteria of pay day loans lending institutes may differ from one institution to another. This is the reason the applicants should make sure to read through the terms and conditions and the selection criterion information provided by these institutes. The main reason for this difference is that different cash loans offering institutes might be targeting a different market segment. However, some of the common cash loans selection criteria include:
  1. Applicants/borrowers must be legal citizens
  2. Applicants/borrowers must be equal to or more than eighteen years of age
  3. Applicants/borrowers must be employed and/or have a regular source of income
  4. Applicants/borrowers must have a bank account
  5. Applicants/borrowers must not have a history of being ignorant to the repayment of such loans
  6. Applicants/borrowers must have solid documents

It is important that applicants are completely honest when they are filling out the application forms for the cash loans. Every pay day loans offering company verifies the information provided by their applicants through their network of agencies. In cases where the provided information cannot be verified or is false, the applicants might have to face serious consequences.

Can applicants with weak credit history apply?
Even those individuals who who cannot borrow traditional loans because of their weak credit history can apply for pay day or cash loans without any hesitation. These individuals are offered bad credit loans against an additional fee.

Benefits of cash advance loans
Pay day loans applicants who are vigilant when borrowing money from the pay day institutes can benefit in more than one way from these loans.

1. No obligation of visiting the premises of the lending institute
Since the application forms for prepayments are uploaded on the websites of all reputable pay day loan companies, applicants do not have to visit the offices of these companies and can submit their requests online. Also once notified and approved, the money is transferred directly into the borrower's account so they can directly withdraw the funds rather than having to collect the money from the company.

2. No collateral required
The applicants of pay day loans are not required to provide collateral to these companies as their employment proof is the only collateral the cash loans companies seek.

To find out more about quick cash loans click here to visit website offering such loans online. You can also apply for these loans online as here


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