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.

Thursday, November 7, 2013

What You Need to Know to Get a $1000 Payday Loan

What You Need to Know to Get a $1000 Payday Loan
A payday loan is a cash advance for a short term. Typically, you should ask for this type of loan if you are facing a situation in the middle of a month and need the money urgently. You are expected to pay back the entire loan amount once you have received your next salary. Another typical feature of this loan is that, the amount issued to you is always a small one. In other words, rarely will it be more than a thousand dollars. This is why this type of loan is also referred to as a $1000 cash loan. At the most, it will be $1500 dollars. You can certainly get a $1000 cash advance. But do make sure that you are asking for the money for the right reasons. The terms are usually quite steep. And so, ask for a payday loan only if you are facing a real emergency.

Never ask for a cash advance if you need a larger amount that you want to pay back over time. Yes, in some instances, the lending company might give you an extension, but this is usually done in steeper terms. These terms are best avoided. If you wish to pay back over time, then it is better for you to seek a personal loan. The terms there are not as steep as a payday loan. On the other hand, a personal loan takes much longer to process. This is one reason why a lot of people ask for a cash advance loan in an emergency. They simply cannot afford to wait due to the emergency.

There is another factor. A personal loan lender will carry out a credit check, and might ask for collateral as well. But there is no such thing in a payday loan. It is thus much easier to get a payday loan, particularly for people who have a poor credit score.

How to get a $1000 payday loan

You can make the application for your loan online. The loan processing will begin almost immediately, and the approval is instant too. You will just have to have a regular source of income, a working bank account, must be over 18 years of age, and should be a citizen of the country. If you qualify, the money is deposited to your bank within 24 hours.

But, you will have to issue a check against the loan. For instance, let us assume that you need a loan for $750. If it is $750 that you need, then you are expected to cut a post-dated check for $860. The date should be one day after your salary or wage date. The additional $110 will go towards the interest and the finance charges. If you are unable to make this payment, the lending company might be willing to roll over this $110 over the next two weeks. However, you are still expected to pay back the principal amount within the due date. There are almost never any compromises made on this.

You can get a $1000 payday loan without too many hassles. But make sure that you have a repayment plan ready to stay out of debt.

Raina has done a lot of research in micro-financial products. She works as a freelance journalist and specializes in finance vertical. She also has a lot of interest in payday loans and personal finance industry and writes a lot about them. Currently she is writing for Payday Cash Loans 1 Hour.


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