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.

Saturday, November 9, 2013

PayDay Loans - The Good, The Bad and The Ugly Facts About Pay Day Loans

PayDay Loans - The Good, The Bad and The Ugly Facts About Pay Day Loans
When it Rains, It Pours. If you're like me, perhaps you can feel overwhelmed at times by a mounting debt crisis. You're not alone! At times, our monthly cash flow is unexpectedly interrupted by a myriad of offenders. As a result, our financial obligations exceed our income and we begin to panic. Let's look at the good, the bad, and the ugly facts surrounding cash advance payday loans.

What are Payday Loans? The Good. For millions of people, payday loans are a fast and (sometimes to) convenient way to cover unexpected expenses such as unexpected car repairs, mounting utilities bills and medical bills. A payday loan can even save you money by helping you avoid bounced checks and late fees on bills.

If you're running a little behind on your bills, a payday loan may be a better option than paying late fees. Late fees and finance charges on credit cards and other monthly bills can cost $30 or more. And if your utility or phone service is disconnected, there are more fees to reconnect your service. However, you must be honest with yourself and disciplined enough to pay the personal loan and interest charges in full as soon as possible.

Cash advance payday loans are short-term cash loans based on the borrower's personal check held for future

deposit or on electronic access to the borrower's bank account. Borrowers write a personal check for the amount borrowed plus the finance charge and receive cash.

The Bad! In some cases, borrowers sign over (bad decision here, folks) electronic access to their bank accounts to receive and repay payday loans. Lenders hold the checks until the next payday when loans and

the finance charge must be paid in one lump sum. To pay a loan, borrowers can redeem the check by paying the loan with cash, allow the check to be deposited at the bank, or just pay the finance charge to roll the loan over for another pay period.

More Bad! Unfortunately, this is similar to robbing Peter to pay Paul! Often times, desperate and cash-strapped consumers run the risk of becoming trapped in repeat borrowing due to triple-digit interest rates, unavoidable repayment terms, and coercive collection tactics made possible by check-holding.

The Ugly! Payday cash loans are extremely expensive cash advances that must be repaid in full on the borrower's next payday to keep the personal check required to secure the loan from bouncing.

Why Use an Online Payday Loan Service? It is easy to find yourself in a cash dilemma, maybe you made a critical math mistake while balancing your checking account or your big commission check has been unexpectedly delayed a week. There are many ways you can get yourself into a temporarily short-on-funds situation. Luckily, there are ways to make it through until your next payday. Payday loan services offer short and long term loans to get people through to their next paycheck if they have found themselves in a critical predicament.

The Real Solution. Payday loans are not always the best solution for your financial needs. We

recommend that you look at the cost of all of your options before deciding to get an unsecured personal loan or a pay day loan from any institution. We would also recommend that you seriously look into professional credit counseling solutions and find a knowledgeable Debt Consolidation partner that you can trust as soon as possible.

The author is the publisher and webmaster behind 1800FreeCreditReports.com. If you're looking for more debt consolidation resources, please feel free to visit our site to read our Top 10 Debt Consolidation Tips.


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