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, November 11, 2013

Top Reasons Why People Avail Of Sameday Payday Loans

Top Reasons Why People Avail Of Sameday Payday Loans
Sameday payday loans have been attracting a lot of attention these days, both from potential as well as disgruntled borrowers. While one group of people swear by its usefulness, another group has burnt its fingers badly with these loans and have only bad things to report about it. What is the truth? What, after all, is the purpose of these loans? When should a person avail of these loans?

They are short term loans
The loan amount is small, ranging from $50 to $1,500
These loans are high risk loans and therefore charge high rates of interest
They are easy, convenient and hassle free and may be availed immediately
The above characteristics show why these loans are so popular with borrowers. However, since these loans are easy to avail, it is only natural that they are used for purposes they were not meant for. So, what are the top reasons to avail of payday cash loans?

Emergencies: Even with meticulous financial planning (or without it), people often find themselves in a tight corner. It could be sudden illness, repairs or other unforeseen circumstances. Whatever the reasons, when an emergency crops up that has not been planned for, most people need to fall back on other resources. They could fall back on their savings or turn to friends and relatives. If these alternative resources are not available, then, the only way to meet the emergency is to apply for a loan. However, not everyone is eligible for conventional loans. Conventional loans require good credit history. More importantly, the process of availing the loan is time consuming. Therefore, if the need is immediate and the borrower does not enjoy impeccable credit history, then payday cash loan is the only help they can hope to enjoy.

Friendly terms: Although payday loans have been attracting the wrong kind of attention and critics cite them as charging very high interest rates, the ground reality is totally different. The high interest rates pointed out are actually annualized rates that are not really paid by consumers. Most responsible working persons avail these loans only for short periods of time, like 2-4 weeks.

Age factor: Many young people who have just stepped out of college and are into their first job need the additional financial help, particularly when they are new to the concept of financial planning. There are several issues to be dealt with, like housing, insurance and so on. Besides, for the young, there is no stigma in availing of these loans.

Recession: With many households depending entirely on the wages of one person, the need for sudden and quick cash advance is often severe. In sudden emergencies, most people find that these loans are a huge blessing as they are convenient, hassle free and fast. When trouble comes knocking on the door, there is little time to be wasted.

Convenience: If you are sure of paying the loan back on time, then payday cash loan is a very convenient way of getting money quickly. These loans are available online and they may be deposited into your bank account in less than 24 hours.


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