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.

Monday, October 7, 2013

Payday Loans - A Bad Habit Or a Helpful Tool?

Payday Loans - A Bad Habit Or a Helpful Tool?
Payday loans or cash advance loans are like smoking or any other bad habit - you know they take away from your well-being, yet you cannot live without them. This is what most knowledgeable people in areas of personal credit and finance say. It is true that are very expensive once they are converted to the traditional loan metric, and feature many other drawbacks, such as short borrowing terms and small loan amounts. All combined, such negative criticism should have pushed cash advance loans off the lending market.

Well, life proves them all wrong: payday loans are widely offered and are very popular. In fact, they have two major competitive advantages that other lending products do not feature: they are available to almost everybody, as they do not feature credit checks as a part of the approval procedure, and they offer immediate funding - borrowers are often able to get cash right on the spot, or have the funds transferred to their bank account in a couple of hours. These two alone offset all disadvantages described earlier.

Who Should Consider Payday Loans

Several years ago many people with good credit may have their eyebrows move up should they hear about using payday loan services. Today, when banks have tightened their lending criteria while nationwide credit quality decreased greatly due to real estate market collapse and massive unemployment, many previous good credit borrowers find themselves in the position where their savings are drained and credit scores have taken a serious hit. Very often, a payday loan is the only financing they may be able to get, that is guaranteed. The nature of payday loan does not mean that it is only geared towards people with bad credit. Everybody who experiences temporary cash flow problems may benefit from payday loan services, regardless of their credit rating.

How to Find a Payday Loan

Payday lenders no longer sit in dusty cash checking booths. In fact, they are no less technologically advanced compared to major banks and large financing companies. The entire process, from initial contact and application submission to quotations, legal agreements, and funds disbursement may be entirely conducted online. Information technology, utilized by most payday lenders, eliminates a lot of hassle and expedites the process, as there is no need to make trips to a local lending office or fax over paystubs and ID copies. In addition, there are a growing number of lender matching services online that allow borrowers get quotes from multiple lenders and choose the best one.

Things to Look Out For When Applying For a Payday Loan

Growing popularity of payday lending had caught the attention of criminals, who specialize in consumer rip-offs and identity theft. While online processing is great in many ways, it may present a serious threat to your well-being. There are a number of things you should always look out for. First, make sure that the lender you are dealing with is authorized to do business in your state and is licensed. Second, do not submit any sensitive personal information over unsecured connection. Last, always read the fine script on you loan agreement to make sure there are no hidden fees and charges.


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