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

Payday Loans and Credit Rating

Payday Loans and Credit Rating
Credit ratings are often recorded in a letter grade fashion such as A, B or C. Each of these ratings indicates the borrower's status and informs others through various criteria, whether or not the borrower is bankrupt. Credit ratings keep track of the borrower's payment history. Sometimes if an individual's credit rating is bad, they will have problems when applying for loans and other money-related privileges. For this reason, and many others, money management is key when using credit cards, or taking out a loan.

Sometimes, even if you have a bad credit rating, you can still apply for a short-term loan, such as the loan. This is because the loan lenders will not check your credit rating. A payday loan is meant to assist those who need fast money in between their paychecks. The payday loan ranges, on average, anywhere from $100-$1500. Once your application is accepted, you will receive the payday loan in your checking account usually within 24 hours. Repayment for the payday loan is expected on your following paycheck; generally up to 30 days after the loan has been received. It is important that you pay off this loan promptly, and not let it sit there. Like any loan, the longer it takes for you to pay it off, the higher the interest will continue to grow.

If you do not have a credit rating, you may find that because you don't need one to obtain a payday loan, that this is very convenient way for you to borrow money. However, by not having a credit rating, you are cut off from various other privileges. Without a credit rating, for example, you may have difficulty being accepted for bigger and more important loans from your bank, such as a mortgage loan. If you manage your money well, and you wish to gain good credit, apply for a credit card, instead of choosing a payday loan. You would be surprised to learn that the interest rates differ between the various credit cards that you can apply for, and that these rate are often much cheaper than a payday loan.

There is no questing that cash advance loans are a convenient way to borrow money, especially because it can be done in as quickly as 2 minutes online, in the comfort of your own home. You will want to make sure that you do not excessively apply for one payday loan, just like a credit card, if you apply too many times the lenders will become suspicious and are more prone to objecting your request. You will also want to always be truthful in your application. Do not embellish on your answers, because if the lender discovers that you are lying, your application will be automatically rejected. With this in mind, before you choose to apply for a payday loan, you will want to make sure that the site you choose has high security and is professional. They should have an email address where you can reach those who run the site, and they should be able to answer all of your questions clearly and professionally. Find out their license agreements, as by law they are required to have one, and make sure that the state you live in allows the license of short-term payday loans.

You have the power to create for yourself a good credit rating, and it all starts with your ability to properly manage your money. Re-think your decision to apply for a loan, and discover if there are other options that will better suit your future interests. There are many great opportunities available for you; you just have to find them.


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