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, November 23, 2013

Payday Loans And A Few Facts To Be Aware Of

Payday Loans And A Few Facts To Be Aware Of
Payday loans are becoming increasingly popular and more and more people, who find themselves in need of quick cash, turn to cash advance lenders. However, there are many facts that you should be aware of before getting online and filling out your application for a payday loan.

The most important factors for you, as a consumer, are to be fully aware of what payday loans are. In essence, the lender is willing to extend you a small loan, which ranges typically from $100 to $500, but can go as high as $1500, against your next paycheck. The interest rates and the fees charged will be revealed to you beforehand and so will be the payment structure, but you need to be aware that in case you are not able to repay the loan on the due date, you are likely to be charged late payment fees as well. Another disadvantage of the payday loans are the higher interest rates; of course, these short-term loans are far less secure than a loan from a bank and other traditional institutions, which explains these fees, but this is still something that you should account for.

The paycheck cash advances have their advantages as well and the biggest one of them is definitely the speed with which you can obtain the cash. If you apply for a small loan from a commercial bank, you are likely to have to wait at least a week until they finish with the background and credit checks. On the other hand, you can apply for a payday loan online in a matter of minutes, get approved within an hour, and receive your cash on either the same day or one business day later.

The lenders do not run credit checks either and in order for you to be eligible for this short-term loan, you simply have to be an adult with more than $1000 monthly income and currently employed. This makes the approval rate much higher than the one of the similar services that the banks offer and also makes the payday loans increasingly popular. Another common requirement is to have a valid and working checking or savings account, which is where the lender deposits the money after you are approved and where he deducts the money form on the due day.

You should be aware that most lenders are reluctant to lend higher amounts of money to first-time customers, but once you have worked with the same lender a number of times and repaid the loans on time, then he is likely to be willing to lend you up to $1500 and more if the state legislation permits it. The different states regulate the lending process differently and most of them cap the interest rate that the lenders can charge and the maximum amount of the loans as well.

The payday loans are not without an alternative and you can use your credit cards or extend your overdraft facilities, but this could be equally expensive and less convenient. If you find yourself short on cash and with bills, which you have to pay urgently, then getting a payday loan is something that can help you out through the tough times between paychecks. Take the time to check out at least a few lenders and carefully weigh the terms that they offer - once you find a well-known lender that gives you the best deal, then go ahead and send your application.


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