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.

Wednesday, November 6, 2013

Payday Loans: A Quick and Painless Way Out of Financial Crisis

Payday Loans: A Quick and Painless Way Out of Financial Crisis
So many people have fallen onto financially hard times in recent years. The use of credit cards, once a go to solution for so many, has become so expensive with rising variable interest rates. For people with bad credit who need fast access to cash, payday loans provide a unique and viable alternative to traditional credit cards. If you are in a situation where you feel trapped, considering a payday loan could be the right solution.

Unlike credit cards or traditional personal loans, payday loans are given to people without the need for a credit check. Instead, lenders will grant you a loan based on your income and bank account information. For this reason, those with bad credit often need to turn to payday loans to fill in a cash flow gap in times of need. They offer a fast and easy solution to these problems and can often be deposited into your bank account within a day or so.

What Can You Get with a Payday Loan?

They serve a very specific function in the lending marketplace. They are low principle, high interest loans that are given to people for a short term. Generally, you will be required to repay your loan within 14-30 days of receipt. This is where they get the name "payday" as you are expected to repay the loan with your next paycheck or two.

You can get anywhere from $100-$1,500 which is a perfect amount for emergencies such as a vehicle breakdown or unexpected airline travel. The money that you get will be deposited directly into your bank account within one business day of loan approval, allowing you to make the purchase that you need to make quickly and with no fear of rejection, such as with a credit card.

Repaying Your Loan

Because of the short term of payday loans, the interest rates that they carry are generally higher than the interest rates you see advertised by traditional banks for personal loans. However, the interest for these loans is equal to what you are used to seeing on a credit card. Payday loans are paid off quickly, however, which means that the interest does not have time to accrue. This is why the rates are higher, so the lender can make money, and the option is cheaper than a credit card, which can accrue interest for years if you do not pay it off immediately.

Before you take a payday loan, make sure that you are certain that you will be able to repay it within the term and that you are ready to pay a roll-over fee if you are not able to do so. This is also why it is important to compare the offers of several lenders before committing.

An Invaluable Tool

Though it is something reserved for emergencies, the fast turn around and easy access to cash provided by a payday loan is an invaluable tool in times of need. If you have bad credit, getting a payday loan is still possible since no credit check is required. Also, you can have the cash you need deposited straight into your bank account in one business day, making the process quick and painless.


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