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 14, 2013

Two Sides of Fast Cash Loans

Two Sides of Fast Cash Loans
Fast cash loans can be a life-saver, but this short-term solution it can also be a cause of more problems. This depends on the situation and how you were able to manage the loan. Lenders of fast cash advances will just usually require minimum requirements for approval of loan application. So, it is up to the borrowers to determine and assess deeply their financial status whether the pros upstage the cons when it comes to fast cash advance loans.

Fast. The number one advantage of applying for these types of cash loan is the speed of approval and turnover of money to borrowers. Some online fast cash lenders can deposit the amount to your bank account immediately right after your application was approved within the day. This is especially helpful if the reason for borrowing entails urgent actions, as with a medical emergency or accident, or primary property damage such as car or house.

No fuss. To avail of fast cash loans, you usually do not need to undergo a long and detailed process of application, as usually required with traditional loans. There will be no review of credit status and financial history. You will not be asked to present collateral or look for a guarantor. There's no ITR form, proof of assets and other paperwork to file. All you usually need is to prove that you have a regular steady source of income within the set minimum bracket, a bank checking account, and your loan is approved in minutes.

Flexible. A payday advance lender will not ask you to provide a reasonable purpose for needing the loan. Compare this to borrowing, such as a business loan, in a traditional financial institution where you will need to undergo an interview to justify your application. You can use the loan for personal, business and other purposes, and you will not be asked to state the reason.

The Not-so Good

High Interest. Payday lending businesses usually implements a substantial interest rate that accumulates as quickly as you got the cash advance. Thus, if you're getting a fast cash loan, be sure that you can afford to pay off the entire amount quickly or else risk on being drowned in a cycle of debt.

Additional fees. Finance charges, credit coasts, loan and processing fees can add up to the original amount you intend to borrow. Lending companies of fast cash loans also charge higher than average late payment fines, which, coupled with the high interest, can heavily make a dent on your finances.

Fast Cash Loans can be a helpful way to survive an emergency financial problem, but be sure to consider both the benefits and risks of availing of Top Rated Fast Cash Loans to avoid getting into further money dilemma.


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