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.

Friday, December 27, 2013

The Pros and Cons of Faxing Payday Loan Information

The Pros and Cons of Faxing Payday Loan Information
Let's pretend you're in a jam and need money right away, but you don't get paid until next week. How can you get the money you need? You probably have a few options; borrow money from a friend or family member, ask your boss for an advance on your paycheck, start going door to door offering to mow your neighbors' lawns.

There is an easier way. A payday loan can provide you almost immediately with cash that is borrowed against your next paycheck. So, you start looking online and find that payday loan companies may or may not require faxing payday loan information in order to give you the money.

There are some pros to faxing payday loan information. For instance, you will probably get a better interest rate because the loan company will have proof of your identification, social security number, employer information, and bank information. Most companies won't do a credit check, so even if your credit rating isn't high, you can probably still get a loan. If you don't make your payment on its due date, it probably won't go on your credit rating.

On the other hand, many companies now offer services and don't require faxing payday loan information. These companies may charge a slightly higher interest rate, but you may be able to get your money faster because you don't have to find a fax machine to send your documents, and the loan company doesn't have to wade through your information. If you fail to repay your loan, it may go on your credit report.

With instant loans from companies that require faxing payday loan information, you want to make sure the terms of your loan meet your needs. You won't be able to borrow too much money to pay back, because the loans are dependent on how much money you make per paycheck. Keep in mind that if you borrow from the company, you're giving them permission to take that amount out of your account if you fail to make the payment. You'll need to have the full amount in your checking account if this happens, because you won't want your account to bounce if they take the money out. The bank will charge you overdraft fees. The interest rate on the loan may continue to rise until they receive the money, so getting the loan company their repayment in a timely manner is crucial to avoid running up further charges.

One of the most important things to remember is that like any other loan, payday loans should be used very sparingly and only in times of great emergency. It can be addictive to get money whenever you need it, but setting a few dollars aside per paycheck in a savings account will help you in future emergency situations. Plus, who wants to be faxing payday loan information to a loan company all the time?

Whether you decide to use an instant approval service or one that requires faxing payday loan information, use your time and loan wisely!


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