Showing posts with label Cash Advance. Show all posts
Showing posts with label Cash Advance. Show all posts

Friday, October 12, 2007

Cash Advance

Broke? Bills piling up? Need a cash advance? Then you might want to check out the website CashAdvance1500.com. They give an overview of what payday loans are about and have a list of recommended sites offering payday loans.
Basically, a payday loan is a short-term, small, unsecured consumer loan which does not require a credit check. You can apply over the internet. Loans range from $100 - $1500. The process is fast, secure and can be done anonymously from home. No standing in long lines either. Once approved, the loan is wired overnight to your checking or savings account.
Loan approval is based on employment status, minimum income and an active checking or savings account. The minimum monthly income required is $1000. The length of the payday loan ranges from 4 to 30 days and coincides with the applicants next payday. Some lenders charge a flat fee no matter how long the loan is for, while others charge a variable rate based on the loan length.
Most lenders allow you to rollover a loan until the next payday, which means fees will be doubled.
If used carefully, payday loans are a good short term cash solution.