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, November 18, 2013

Payday Loan - Can You Benefit From It?

Payday Loan - Can You Benefit From It?
Emergency expenses are all a part of one's financial life. But it is not like all the time we have the sufficient funds in order to cover for such expenses. Many people have found themselves around the middle of the month with no available funds and have dozens of financial responsibilities like feeding a family. You can resort to using a credit card account, but what if you do not have one? What if your credit balance is already maxed out? It is indeed quite tough to deal with emergency expenses if you find yourself with no resources to spare. So what can you do if you find yourself in such a situation? Well you could opt to get a payday loan.

So what exactly is a payday loan anyway? This loan actually comes in many names such as check advance loan, cash advance loan, post dated check loan and others call it deferred deposit check loan. However you want to call it, it is still pretty much the same thing, it is a short-term loan that usually comes with high interest rates. Payday loan is a form of unsecured loan. It is a short-term cash advance that will be deducted on your next paycheck. In this type of personal loan, your collateral is your job and your next paycheck. The amount that you can borrow largely depends on how much your monthly income is but it can range from $300 to $1500. Since it is a short-term loan, the payback period for payday loans is short. In most cases, the loan is paid back usually during the next upcoming payday, although there are lenders as well that can be flexible when it comes to the payback period.

So what are the benefits of applying for a payday loan? Perhaps one of the reasons why this loan is popular is because of the fact that it is easily accessible to those who are requiring quick cash which is perfect if you have emergency expenses. Being approved of a payday loan is much easier when compared to applying for a traditional loan from the bank. Minimum requirements include: you have a job, you are over 18 of age, you make at least $1000 per month, have a valid bank account and you are a US citizen. Even if you have a low credit score, qualifying for a payday loan is not a problem. When applying for a payday loan, you can go in person, through the phone and even online. The entire application process can be accomplished in under 20 minutes and the loan is automatically deposited to your bank account in a span of 24 hours. There are no up-front costs to be worried about and the transaction is only between you and the creditor.

You have to keep in mind that payday loans are not the solution to your every financial need. It is meant to be used only for emergencies and only if you have no other alternatives. Because of its high interest rates, repeated use of payday loans can create financial difficulties in the long run.


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