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

Unsecured Payday Loans: Looking at the Options for Those With Bad Credit

Unsecured Payday Loans: Looking at the Options for Those With Bad Credit
In times of desperate financial need, plenty of lending options are available to all sorts of borrowers. Despite popular belief, bad credit is not a barrier to getting a fast unsecured loan as long as you know where to look. In such situations, opting for a loan with no credit check, also called a payday loan, can be the answer to your prayers.

Payday loans are designed to provide borrowers with fast access to cash (generally up to $1,500) without the hassle of a credit check. These loans are guaranteed because they are based on simple criteria that most borrowers can meet. Those criteria are:

· The borrower cannot be under 18 years old.

· The borrower must show proof of residence and US citizenship.

· The borrower must have proof of an established job with steady income.

· The borrower must provide the lender with bank account information.

As long as you can meet these eligibility requirements, the opportunity to receive a fast unsecured payday loan is yours. However, there are other options to consider as well.

Can You Qualify for a Secured Loan?

Payday loans are called unsecured loans because they lack any sort of collateral security to ensure their repayment. Therefore, issuing an unsecured loan of any type is a huge risk to the lender. To compensate for that risk, the lender will often charge higher rates of interest on these loans, which can make taking an unsecured loan for any length of time a rather expensive proposition.

However, if you own a home or land or even a late-model truck or car utilizing the services of a secured loan can off-set a lot of those charges, even with bad credit. In the case of a secured loan, all you do is provide a lender with information about your property (this will generally include an assessment) and the amount of equity that you have in that property. He will then issue you the loan using that property as a guarantee of your repayment. As long as you make your payments without a problem, there is no issue. However, if you fail to repay your loan, the lender will have grounds to seize that property from you.

The use of property as collateral insures the loan from the lender's perspective. This will then allow you to enjoy a lower rate of interest. However, it is important to note that because of the assessment process, it takes significantly longer to receive a secured loan.

Getting a Loan with Little Time

When you are in no position to wait on your loan money, it is best to return to the no credit check option. Because of the lack of credit check, lenders are able to issue payday loans quickly. Once you provide the required information (see above) the lender can issue your loan within 24 hours. As a bonus, the lender will wire the money directly into the bank account that you provide, giving you access to your money quickly no matter where you are located.

Using online lenders will obviously speed up this process and will also give you the ability to compare the different rates and packages offered by several different lenders. Make sure that you research each company before providing them with any of your information, however, and never pay an upfront fee on an unsecured payday loan - the application process should be free and easy. If it's not, there are many other options available online for borrowers with bad credit.


Post a Comment