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.

Wednesday, October 23, 2013

Things You Should Know About Payday Loans

Things You Should Know About Payday Loans
When one is discussing about the things one should know about payday loans, it is imperative that one knows what exactly a pay day loan is? Who issues them? How it can benefit a borrower? And of course what are the things one should be cautious of while availing of a payday loan?

Let's begin by defining a pay day loan; it is typically a short term loan based on the borrower's personal check. Due to the short nature of the loan interest charged can be quite high. These loans can be issued by lenders as well as banks. If one were to consider how these loans benefit a borrower one can say that it helps them sail through a financial crisis. Any kind of emergency like a medical emergency or your car needs repairs. These are sudden and unexpected and they can upset the budget of the most careful financial planner. A payday loan can come to your rescue in such a situation. Some important things you should keep in mind while applying for a payday loan.

1. You should clearly understand the APR. As in the case of most pay day loans finance charges are in the range of $15 to $30 per $100 borrowed. However when the same is computed as Annual Percentage Rate, the picture totally changes. The Apr can be as high as 390 to 780 percent. Lenders are required to inform the borrower about the actual cost of the loan in terms of annual percentage rate. Pay day loans have a short term and it is usually less than a year, so the APR is quite high. One needs to be circumspect while going through the terms and conditions of the loan.

2. You should know what a rollover is. Most borrowers of payday loans renew their loans at least one time. At the time the borrowers request for an extension on the pay back period of their pay day loans. It is rolled over to a date in the future for the repayment. This date usually falls on the borrowers next pay day. However each time there is a roll over there are additional charges these can lead to bad debts and a financial mess. Most states allow unlimited rollovers.

3. Borrow only from trusted lenders. Be circumspect when your payday lender on the internet gives very little information about themselves but try to gather as much information about you as possible. Bear in mind that their only contact information may be toll free numbers and e-mail addresses. Often the physical address of the lender is not provided. Lenders may require you to sign a document that gives them the right to collect their debt by getting your wage garnished.

4. You should know the law that governs payday loans in your state. As far as laws governing pay day loans are concerned they differ from state to state. In some states pay day loans are illegal. In states such as Washington extended payment plans are compulsory. You should do a thorough research before applying for a loan. Lastly in states in which pay day loans are illegal the lender is likely to charge you a high fee as he won't be licensed. So approach a lender whose reputation is good. Use pay day loans wisely to take advantage of them. Avoid getting into a cycle of debt.

Getting a payday advance can be a great way to get the money you need without incurring in high interest rate cards. To learn more about payday advance visit us at 


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