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, November 7, 2013

Finding Affordable Payday Loans

Finding Affordable Payday Loans
There is usually a negative connotation associated with payday loans. Most people believe these loans have something to do with loan sharks or some other scam. Quite the contrary, payday loans today are totally legitimate and are actually very helpful to individuals in need of some extra cash.

A few years ago, there was a considerable number of dubious companies running payday loan businesses, but since the government stepped in and enforced laws on this practice, there has been a sharp decline in their number. Today, there are strict interest rate limits that prevent lending companies from taking advantage of desperate borrowers.

Despite these measures, though, many people are still reluctant to use payday loans, precisely because of the inherently suspicious nature of the business. Most people are probably wondering if legitimate and affordable payday loans really do exist or are just marketing ploys used by some lending companies.

If you are still doubting the existence of affordable payday loans, you can stop now. These loans do exist. All you have to do now is find them. It would be a good idea to know where to start.

1. Retail lenders

The most common concern that people have with borrowing from retail lenders is the normally exorbitant interest rates that they charge. However, this is not true for all cases. For one thing, the government-imposed limit on interest rates is an excellent protective measure for borrowers. To further ease your mind, make sure that you are dealing with a lender that has been duly accredited by the appropriate government agencies. Not all retail lenders offer the same interest rates and perks so you would also have to be very careful in making your decision.

2. Online lenders

One of the best things about applying for payday loans over the Internet is the high chance of being approved for the loan even if your credit rating is poor. Another perk of doing business with online lenders is the speed and convenience. Without even having to leave your desk, you can be approved for a good payday loan. With this option, you no longer have to send any faxes or stand in line for hours waiting to get approval. There are probably more online lenders out there than most people believe. Before you make a choice, you have to be sure that you understand what you are getting yourself into. Use your negotiation skills to convince the lending company to reduce your interest rates or monthly payments.

Once you have found the payday loan that you wish to apply for, you should start making a plan as to how to use the loan, as well as how to pay it back. One of the most important things to remember about these loans is that they are not permanent solutions to your financial troubles. They are just stepping stones that give you a second chance to reorganize your finances and improve your credit rating.

A smart way to avoid paying high interest on your payday loans is to simply pay the full monthly balance each time. Of course, the lending company will allow you to make partial payments, but the remainder will just roll over to the following month and contribute to the interest that you would eventually have to pay.


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