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.

Monday, October 28, 2013

Payday Loan Lenders: How to Spot a Shark

Payday Loan Lenders: How to Spot a Shark
If you are in need of fast cash with minimal requirements, you may be inclined to get a payday loan. With the variety of payday loan lenders available these days, you need to know what to watch out for. There are plenty of sharks in the payday lending world, and you have to make sure you are not a victim of one of them. Here are some tips explaining how to spot a shark when you get a payday loan.

If you are applying for a payday loan, you obviously don't have money to pay into a loan right this second. Thus you should steer clear of any loans that require you to pay money upfront. You may be asked for bank account or credit card information as a backup for the lender to get his money, but even then, you need to be cautious. See if you can opt to pay the company in person to protect yourself as much as possible.

The Lender Does Not Exist

Any true payday loan provider should be registered with the Better Business Bureau. You can check their website for information about your potential lender and see what other customers have had to say about it. This is a good idea even if you know the business is legitimate because it will help you avoid bad experiences.

The Lender Hides Fees in the Contract

Before you sign off on a payday loan, you have to read over your contract carefully. That means going through all of the fine print details, even if it takes you a while to read them. A lot of payday loan lenders like to hide fees and other information in their contracts, like permission to take out extra money with your monthly payments. If you authorize that, you may end up losing out on money that you cannot get back. When you see something suspicious in your contract, confront the company about it and see if they have a logical explanation.

The Lender Doesn't Check Anything

It is common practice for a payday loan company to not look at a person's credit and focus on income instead. With that in mind, your lender should ask for some sort of verification before issuing a loan. This may be in the form of paystubs for proof of income, phone bills for proof of address, bank statements for proof of a bank account, etc. If the lender just hands you a check from the start, you need to reconsider the situation. A payday loan is easy to get, but it should not be given to you for free.

The Lender Asks for Part of the Check Back

This is perhaps the biggest sign of all. If a lender asks you to cash a check and then bring back part of the money for your first payment, you need to work with someone else. All that person is trying to do is get you to cash a fake check your bank will eventually catch onto. You will be out the money for the check, plus a fake check fee. All the lender will be out is a piece of paper. By the time you try to get your money back, the lender will be long gone.

Taking loans you could not afford and paying interest rates of up to 5,600% a year is a way to financial failure. Be careful about who you work with when you look for a payday loan.The so many places to choose from, you should have no trouble finding one that you can get a good deal from.


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