Many folks who live on a fixed
income face cash-flow or credit problems at some point in their financial
lives. Things happen. Emergencies requiring instant cash can arise. Sometimes
the need is so crucial and so immediate that the next payday looks like it
might as well be in the next century, even though it might only be a couple of
weeks away. Cash advance installment loans can fill the need.
Sometimes a loan is the only way
out.
Perhaps it is just not possible to
ask friends or family for a loan. Perhaps the troubled individual has no
property to offer as collateral for a loan. With those options not available,
the only available relief requires negotiations for a cash advance installment
loan. One thing that can be tougher than landing a loan, is getting that loan
paid back.
Some lenders offer easier repayment
terms.
Many lenders offer only the option
of repaying the loan in one or two lump sums. Other lenders, responding to
consumer demands for easier repayment terms, have stepped up to the plate and
are offering special loans that have a more flexible repayment schedule. These
loans are known as installment loans.
Installment loans offer relief to
those already in distress.
Folks already in financial distress
do not need the added hassle of suddenly being liable for a large sum due for
repayment in a very short period of time. Cash advance installment loans allow
for repayment in small, equal installments, or payments. Thus, they do not put
an unnecessary burden on those who must borrow. In many cases, the lender even
allows the borrower to determine the amount of the payments and the frequency
with which those payments occur - monthly, weekly, bi-weekly, etc.
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