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 12, 2013

Direct PayDay Lenders - Advantages and Disadvantages

Direct PayDay Lenders - Advantages and Disadvantages
Emergencies like car accidents, or bills that pile up, happens all the time.But what to do when they happen exactly at the time you are short of cash? One of the solutions can be to use services of Direct Pay Day lenders. This way you can receive the loan quicker and cheaper since you don't have to pay any fees.

The procedure with direct payday lenders goes this way. You choose the refferal firm and submit your loan papers to them. The papers need to be accepted and approved. After they are approved you will be given the option to choose the direct payday lender with whom you will close the deal.

This all usually happens very quickly. So the procedure seems quite simple, much simpler and faster than the other proceedings for getting the loan. However, there are some disadvatages of this procedure.

We'll analyse advantages and disadvantages of direct payday lenders.

The direct payday loans process involves less individuals than other procedures of getting the loan so the access to your personal financial data is reduced.

This is one of their major advantages. You don't have to worry about security issues in the aspect of your information. Direct payday lenders usually do not dispose their client's personal information to any company or other institution. Your information is kept as strictly confidential. All this gives you a greater control over your accounts.

Another major advantage of direct payday lenders is that loans are settled in a very short period of time so they are very suitable for emergency cases, when you need the money fast. The loans can be settled during holidays and off banking hours, even at night, since they have staff available online 24 hours a day. The whole process of money transfer is done through online bank accounts of the borrower so the borrower has the access to the money as soon as the loan is approved without any waiting in lines in the banks.

Some companies can also arrange wire transfer at the request of the customer. The payment terms can be adjusted to your paying capability. They can be very easy and flexible. Calculations of interest rates and other calculations are based on your information.

Disadvantages are that sometimes those companies can charge high interest rates and if you fail to pay your monthly payments for the granted loan this can result with a bad credit history, for each, even the slightest delinquency in payments. Therefore you should borrow only the amounts you are sure you will be able to pay back.

So as we can see the main advantages are in quickness of the procedure, the confidentiality and security of the client's personal information. Disadvantages can be high interest rates and very strict conditions for paying back the loan where you are at risk to get a bad credit history if there are even the smallest irregularities with your payments.

In the end, one note: Before choosing the refferal company it's recommendable to do some online research and compare the lending policies of the different companies. Those companies usually have online version of the brochures about their lending policies, loan ceilings, application requirements and interest rates.


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