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, October 29, 2013

Online Cash Advance: Lenders Face Applicants Willing To Take Risks

Online Cash Advance: Lenders Face Applicants Willing To Take Risks
Many states have regulations concerning fast online cash advance loans. There are caps placed on the interest rate, the loan amount and even how many loans can be used at one given time or within a year's time. A responsible lender will follow the state's rules as do responsible borrowers. There are many reports of lenders not practicing under the regulations. When there is a lender not following the guidelines, there is a borrower as well. What kind of borrower is willing to apply for loans against state regulations?

The idea of predatory lenders preying on financially vulnerable customers is a newsworthy story. These lenders know they are undermining laws yet still accept applications from those in need. Not only do these lenders approve loans, but they also have higher interest rates. Some would say that their rates reflect the risk involved in processing a loan to those considered credit challenged. Others would say it is just plain greed to take large fees from people desperate for a fast cash opportunity. Whichever the case, the forgotten point of view is one that may target the borrower as predatory borrowers.

What risk is taken by individuals seeking out loans they know they can't afford? These high risk individuals are looking for money at whatever cost and will forsake any rules which govern the state they live in. They seek out a direct cash advance lender that will approve their loan application no matter the cost. The majority of people will not take the risk.

Low-risk borrowers - A person who wants limited risk would rather not use a direct cash advance loan in order to help a cash emergency. There is fear in high interest, a fast payoff and that their financial situation would end up as one the borrower has read about. These borrowers may use a direct lender that came highly recommended by a family member or close friend. A low-risk borrower would seek out other money alternatives before sending in an application.

Medium-risk borrowers - This group of people are willing to take a reasonable risk in order to help correct financial problems. They may try to open a new credit card in the hopes the creditor may approve and if not, then they will seriously look at cash online applications. If they don't already have a company they work with, they will shop around for a decent price with a responsible lender. These borrowers will accept the risk of the high interest loan towards their budget but will be skeptical of applying with a company which seems to run its business based on their business rules and regulations.

High-risk borrowers - There are people who fall into this category of risking more than most to achieve success. In terms of short-term loans, these folks are willing to apply with anyone for a fast money option. Some people in this category will use predatory lenders on purpose just to get the most money possible at the fastest rate. Some say these borrowers are the most desperate, but that is not necessarily so. Many people are in great need of fast cash during emergencies and a high-risk borrower will not hesitate to take advantage of any company offering. Theses borrowers may or may not have thought about the payoff. They risk their upcoming finances to cover the costs of today.

Cash advance online lenders appreciate a borrower who is forthcoming with money responsibilities. If the full payoff is not possible, most states will allow rollovers or extensions. For those states which do not allow short-term loan usage, potential borrowers are forced to find alternative measures or deal with a predatory lender no matter their risk factor.

Bottom line - direct lenders expect payment no matter what kind of risk level the borrowers are.

Spotya! Cash Advance Loans does not advocate using a payday loan for just any type of spending. Visit


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