วันอาทิตย์ที่ 31 มกราคม พ.ศ. 2559

www.NewYearsPay.com Promo Code



In this article you will get information about common questions being raised by payday loan borrowers to lenders. The common questions such as "What is a payday loan?", "What are short term loans?", "What is interest rate?", "How soon to pay?", "Does it require payroll information?", "Do lenders check you credit history?", and same day bank transfer possible etc. Borrowers are also asking questions such as "Is it risky loan, spiraling into high interest loan?" etc.
1. What is a Payday Loan
This loan is an unsecured loan given to borrower till he or she receives next paycheck. In other words loan is given against the guaranty of next paycheck. Typically the need of this loan comes as emergency need on part of borrower such as car repair, medical emergency or unexpected bills etc. These loans existed earlier also and were called as private loans. These loans came with higher interest rate. The reason for higher interest rate was readily available and with less documentation. Same loan features are provided under payday loan term. The difference is loan is given against next paycheck. The length of loan is 2-3 weeks.
2. How to Qualify for paycheck Loan
Well qualifying process for paycheck loan is easy and does not require long procedural documentation process as in the case of traditional loan with banks. The basic requirements of loan are very few:
1) Applicant must have a current job
2) Applicant should have age more then 18 years old.
3) Applicant should be United States Citizen
4) Applicant must have a saving or checking account with any American bank.
5) Applicant must earn at least $1000 per month to avail a small loan as $200
Please be aware some states in America have their own laws governing payday loans. In some state such loans are banned and also length of the loan period is fixed.
3. Length of Loan process
Since a payday loan is backed with technology the approval process is fast and typically money is wired to applicant's account with 24 hours. Different states and lenders have their own terms an conditions, before applying check with staff for complete details. The online process is simple and can be completed in few steps. The important thing to remember is during this online application process you will be entering personal details, social security, driving license number, and payroll details. Be sure and confirm first with customer care and get all details you want to know.

ไม่มีความคิดเห็น:

แสดงความคิดเห็น