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.

Tuesday, November 5, 2013

Dangers of Carrying Over Payday Loans to the Next Cycle, and Ways to Pay Quick Cash Loans Back

Dangers of Carrying Over Payday Loans to the Next Cycle, and Ways to Pay Quick Cash Loans Back
When applying for a payday loan you should always check for fees and charges that may come with the loan. The fees and charges of a cash advance can be very costly if you use the wrong lender. You want to make sure you find the best lender that has little to no fees included in your loan.

There are many customers that choose to extend the course of the loan and repay the payday loan in two or more payments. Doing this can cause the payday loan to accrue even more interest, and can cost the customer even more than the expensive payday loan convenience fees in the first place.

Customers that extend the life cycle of the payday into the next two week pay period are essentially doubling the fees that are being paid for the loan service, and since they are often now considered a new loan, rather than an extension of the loan, this can become very costly. When customers make the decision to carry the payday loan into the next cycle they accumulate the extra fees that come with it.

Using a payday loan service can be a convenient way to cover those unexpected costs that have built up within the budget, but customers should consider the repercussions of not being able to pay back the loan on time.

Customers using cash advance loan services have a number of options available to them when it comes to the types of loans that can be borrowed. Customers can choose from cash advances that are applied for online and deposited into their personal checking account. They can get a cash loan that is applied for in a traditional cash advance store. Or they can apply for a loan over the phone, using their credit score to determine whether they are eligible for the loan.

Just as there are many options when it comes to applying for the cash advance, customers have a number of options available to them when it comes to the repayment of the loan. Below are the most common ways of repaying a loan.

You can repay your loan with an automated withdrawal from the checking account. Customers can choose to take advantage of an automated withdrawal from their checking account as a way to repay the payday loan. This option is often used for loans that are applied for online or over the phone. These types of withdrawals are authorized by the customer, and require the customer to provide a copy of a check, or the routing, institution, and checking account number to the cash advance company.

You can also repay the loan with cash or debit at your local payday loan store. For payday advances that are applied for in store the customer can easily make a visit to the store to repay the advance that had been given to them. Using a credit card, cash, or even a debit card, the customer is able to repay the proceeds of the loan and interest in full - but often is required to make a trip to the Payday loan store to take advantage of this service.


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