Up to $1000 Payday Loan as soon as Today
Fast Payday Loans are offered in the amounts of $100 - $1000 depending on your state of residence and repaid within 10 - 31 days in a lump sum. Loans typically cost 400% annual interest (APR). The finance charge ranges from $15 to $30 to borrow $100. Rates are higher in states that do not cap the maximum cost. So you'd better compare the lenders before borrowing. As for Payday cash advance benefits we can't but mention:
- easy application
- fast approval
- convenient terms
- high availability
- access both online and in-store
How do online Fast Payday Loans USA work?
- You surf the Net and compare the lenders, or fill out our free application to see if you qualify for the necessary cash advance and get matched with the best direct lender.
- Apply to provide your basic personal and financial information. Read the agreement carefully and sign it.
- Get the money deposited into your bank account within 1- 2 business days if you apply online or the same day if you use in-store service.
- When you get a Payday Loan you give your personal check or electronic access to your bank account to the lender for a future deposit.
- Lenders hold the check until the payday. Then you can pay the loan back with cash, or by this check. If you have not enough money, you roll over and pay extra fees for it.
What do I need to qualify for Fast Payday Loans USA?
Generally, payday lenders require you to have:
- An active bank, credit union, or prepaid card account
- Proof or verification of income from a job or other source
- Valid identification, and be at least 18 years old
What you need to know about Fast Payday Loans USA
A payday loan is an easy way to get money quickly. But that money comes with a price. Be careful applying for this short-term cash advance because:
- Payday loans are a very expensive way to borrow money. Generally, the APR ranges from 200% to 500%.
- If you can’t repay payday loan debt when it comes due, you might be able to “rollover” (extend) the loan. It leads to additional fees and even more debt than you used to have before.
- Most lenders do not conduct a full credit check or ask questions to determine if a borrower can afford to repay the loan. As a result 1 of 5 loans is defaulted.
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If you neither pay the loan back nor roll it over, the lender will try to collect the debt by calling you repeatedly and sending aggressive letters. Or your information may be sold to collecting agencies. YOu may even be sent to court which will also cause additional fees and penalties.
Before applying for Fast Payday Loans consider other options:
- A Personal Installment Loan.
- A Repayment Plan.
- Peer-to-Peer Lending.
- Help from employer, family or friends.
- Your Own Savings.
- A loan from a Credit Union or bank.
- A Credit Card.
- Credit Counseling.