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, October 10, 2013

Payday Loans For Everyone

Payday Loans For Everyone
As the term implies, payday loans are small loans granted by banks and other financial houses to answer for a person's immediate and temporary cash shortage. The cash shortage is usually for a short period only, from one payday to the next. This happens in cases of emergencies or when there are unforeseen expenses that cannot wait or cannot be deferred until the next payday. The need might arise from unanticipated household supplies shortages, car or appliance breakdowns, urgent house maintenance, children's school requirement, accidents, and the like.

Because the borrower's need is immediate, temporary and short term, it is necessary that the borrower must be able to get the cash loan within a day or two. Any longer and the borrower's need would have passed and the loan would not serve its intended purpose. Recognising this, lending companies and merchants usually dispense with the usual voluminous paperwork and lengthy investigations on a borrower's credit worthiness associated with normal credit and loan procedure.

A payday loan application duly filled up and a verification that the borrower is actually employed and therefore an income-earner, or receives regular cash benefits, and is legally capable of entering into contracts, are usually enough to satisfy the bank's requirement. Also, the amount being small, the bank will not require mortgages or securities from the borrower. Still, although the amount is small, it is still a financial obligation and the borrower is well advised to fully understand the transaction before entering into it.

The traditional way of asking for a cash loan would be to go to the bank, go over the terms and conditions, and if agreeable, apply for and comply with the lender's requirements. To skip the tedious process, most lending companies today allow loans to be submitted online, which is convenient, especially for people who have very little time to spare travelling to and waiting in the bank for at least a couple of hours or most of a day.

Once the application is received, processed, and approved, the borrower is notified. If prior arrangement is made between the lender and the borrower, the proceeds of the approved loan will be deposited by the lender to the borrower's bank account, and the borrower can immediately access and use it for its intended purpose. When it comes to payment, the lending company will require a post dated check, usually due on the borrower's next scheduled payday. Unless otherwise agreed upon, the easy payday loan will be paid in whole, together with the interests and such other fees or charges.

While it is basically easy and simple to get payday loans, a borrower must still comply with certain pre-qualification requirements. He must be of legal age, gainfully employed, or at least receives regular income and be deemed to have the capacity to pay, and has an existing bank account. The absence of one or any of these will, in all probability, be a ground for disapproval of the loan application, or at the very least, delay the processing and approval. The borrower should also be ready and willing to make certain financial disclosures when applying for a payday loan.

Sean Teahan co-founder of Cash Doctors, Australia's preferred short term lender, shares his insights on money matters. Founded in 2005 Cash Doctors has helped thousands of Australians with their fast cash loans but that's just the short term solution. Cash Doctors also help people in the long run by providing budgeting tools, e-books and individually researched articles on money matters and financial tips. The aim is to assist people in achieving instant and long term financial freedom.


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