Saturday, August 1, 2009

No Credit Check Payday Cash Advance Loans - Benefits of Short-Term Personal Loan

A short-term personal loan can get you through a financial emergency
without needlessly damaging your credit. With no credit check, you can
get approved in minutes for a payday loan. Commonly, your money is
deposited in your checking account in a few hours.

Fast Credit, Fast Money

Getting approved for credit in a few minutes is one of the prime
benefits to a cash advance loan. Without a credit check or lengthy loan
requirements, your loan application can be approved in less than five
minutes. Picking a no fax lender will also save you time on having to find
paperwork, such as pay stubs and banking statements.

Once approved, your cash will soon be sitting in your checking account,
directly wired by your lender. You can’t find a faster way to secure
credit.

Beating Bank And Late Fees

Cash advance fees are usually less than any bank fees you might incur
for non-sufficient funds. Typically, you can get a $100 loan for a
finance fee of $15. Usually bank fees range in the $30 to $50 range.

Credit cards and other late payment fees can be just as high. And if
you do miss a payment, your interest rates can increase on all your
accounts. Not only will you be looking at the one time late fee, but you can
expect future interest payments in the hundreds.

An Easy Credit Solution

Payday loan lenders offer financing when most other lenders won’t.
Since they don’t look at your payment history, cash assets, or credit
score, nearly everyone qualifies. Cash advance companies just need proof of
a permanent residence, source of income, and that you are over 18.

Finding A Lender When You Are Ready

With most cash advance lenders online, you can apply for a payday loan
nearly anytime. Even at 1am your loan application can be processed and
verified. Some smaller companies only operate during business hours.
But they can offer lower fees, so keep them as an option.

Take some time to research companies first. Find out their fees and
payment schedule before signing a contract. A few minutes spent searching
can save you real money.

By Carrie Reeder

View our recommended lenders for No Credit Check Payday Loans.


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