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.

Saturday, October 12, 2013

What Are the Requirements For a Payday Loan?

What Are the Requirements For a Payday Loan?
Falling on hard times and needing money fast doesn't ever discriminate. In fact the last few years have served to be very stressful on everyone - families that once never dreamed of having a shortage of funds are now finding themselves downsizing and traveling less.

For some getting a higher paying job may be the next step and for others that may already be working multiple jobs, they may now feel as if they are stretched too thin. If your need for cash is only temporary, as in until to get you to your next payday then a cash advance or payday loan may be just what you need. A payday loan is a small amount of cash forwarded to your checking account on a short-term basis. You must agree to pay the loan back within 7-18 days depending on which company you go through.

Many mistake the requirements needed to be approved as a somewhat challenging process, but the truth is being approved for a payday loan is easier than any other loan process. A normal bank loan requires a good or excellent credit standing. Some even require collateral of some kind even if your credit has only a few blemishes on it. When you apply for a payday loan there are a few basic requirements for approval. To begin, the lender would like proof of your income now some applicants can just put what they make and be done with it and others may need to submit proof of with pay stubs or a previous W-2 form. If your monthly income derives from collecting payments from other sources as in child support, disability, alimony or social security you may claim that as income to further increase your chances of being approved. Much like pay stubs, they may require a photocopy of your payments that have been issued to you in the last few weeks to be faxed to them.

The next requirement (which seems to be across the board with no exceptions) is that the applicant be eighteen years or older. They usually verify your age when you enter your social security number and if there's any discrepancies they will just ask that you fax a copy of your license or birth certificate to them. Some cash advances do have a strict requirement of not approving payday loans to those applicants that serve in our armed forces. The theory behind that is what do we associate being in the military with? Traveling, correct! These lenders don't want to run the risk of outsourcing money to an individual that may have the opportunity to relocate and not repay their loan. The final requirement is having a valid checking account to receive your deposit from your payday loan. Some can be deposited that day and the rest are usually in your account overnight. Just double check the account number you provide on the application is correct so you don't endure any delays in receiving your cash. In some cases you may also have it deposited into your online bank account if you have one and feel safer that way.

Just a few requirements for these payday loans that most people meet easily makes them a convenient option for those in an immediate financial need.


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