Payday Is Never Far Off With A Payday Quick Loan By Pat Stevens

Is it time for a payday quick loan?

You’re broke. You car needs a new fuel pump (or transmission, or tires, or some other costly repair). The disconnect notice on your electric bill expires at midnight tonight; and you still need to buy groceries for the week. You have exactly $24.69 in your bank account, the credit cards are completely maxed out, and payday is still a week away. Money is going out much faster than it’s coming in and you’re in a major bind.

Which outpouring of cash do you put off? Without a car you can’t get to work – and without work there is no paycheck. The house gets awfully dark and cold without electricity. And exactly how long can a person live without food before starving to death? It doesn’t take long to realize that putting even one of these expenditures off is not an option, let alone all three.

You could go to the bank and apply for a loan. But the loan process can take days and you need money now. Besides, the bank will want to run a credit check and not everyone has great credit. It’s quite possible to spend several days going through the loan process only to be turned down. Maybe family or friends can help you out. But why should your hardship become theirs. You’re out of options. Might as well hang your head and cry.

Wait! Wipe those tears. There is another option. Why not try a payday quick loan? You can get fast approval and the money is deposited directly to your bank account. Bad credit or no credit is not a problem. Most payday quick loan businesses go off your current status – not your past.

You’ve seen the payday quick loan locations at shopping centers. There’s at least one in every neighborhood. To make things more convenient for customers, many such businesses now make it possible to apply for and process the loan from home. This means applying is as easy as connecting to the internet. Simply provide the information requested and submit your application. Approval is usually received within 24 hours.

Almost anyone is eligible for a payday quick loan. Most of these establishments require only that the borrower be a U.S. resident of at least 18 years of age with steady employment. Some will even provide loans to Canadian residents. These services are used by a variety of people: singles and families, professionals and the working class, students and career people.

The online application process is quick and easy. Usually, it’s just a matter of providing your personal information (name, address, phone number, etc.), your employment information, and your bank information. Once the application is submitted, most lenders require you to fax a copy of your most recent pay stub and bank statement and a copy of a voided check. The serves as verification of employment and tells the lender where to deposit the loan proceeds. Approval is sent via email and the funds are deposited to the borrower’s bank account in about 24 hours.

Repayment is just as easy as getting the loan. You pick the date – generally your next payday, but no more than 14-16 days out – and the total amount of repayment (including interest) is deducted from your bank account on that date. Thus, the debt is paid in full and all of your obligations to the lender are met.

A payday quick loan is not just for emergencies. Use it to preserve your credit score. It would be foolish to put that car payment off until the next paycheck when you can get the funds tomorrow and pay it on time, avoiding late fees and maintaining and building your credit score. A payday quick loan can help get your bills caught up and keep you there and that goes a long way toward your good credit.

Payday quick loans can be used for fun things, too, like vacations, “toys”, and entertainment. So the gang is going to Vegas this weekend. There’s no need for you to stay behind just because payday isn’t coming soon enough. Have your vacation fund ready and in the bank by tomorrow! Watching television in a nine-inch black and white screen from the 1960’s? In 24 hours you can have yourself a nice, new color television set - from the 21st century, no less. Opera fan? Ballet enthusiast? Is your favorite band coming to town? There’s no need to wait for payday to purchase tickets and hope that they’re still available. A payday quick loan can get you the best seats right away. It’s about getting what you want as much as it is about getting what you need.

There’s no need to lie awake tonight, worrying about how you’re going to get through this financial hardship. You can sleep soundly knowing that tomorrow the electric bill is covered, your car will run again, and you will have food to eat. The companies that provide payday quick loans have made it possible for many people just like you to get what they need when they need it – not just when payday finally rolls around again.

Hanging your head and crying is no longer your only option. A payday quick loan offers you something much more useful. It’s easy, convenient, timely, and reliable. Almost anyone can qualify by meeting a short list of criteria: U.S. or Canadian resident, 18 years of age or older, and gainfully employed. The entire loan process – from application to disbursement of funds – takes place from the convenience of your home. It is a short-term loan and your debt is settled in 16 days or less. Funds can be used for anything your heart needs or desires: Emergencies, credit rating preservation, even fun stuff like trips and entertainment events. It’s true! With a payday quick loan, payday really isn’t that far off.

Resource: http://www.isnare.com/?aid=92580&ca=Finances

Is Consolidating Your Student Loan A Good Idea? By Bill Dufrane

Some students leave college and you expect them to heave a sigh of relief because at long last the long hurdle is over. No more sleepless nights studying for lessons, no more academic books to read, no more exams to take and most of all no more tuition fees to be paid. But what if the student just relied on student loans all throughout his or her studies? That must have been a lot of loans to pay. Fortunately there is a thing called student loan consolidation.

Student loan consolidation is combining all previous loans into one loan to make it easier for the students to pay the debts. If your loans are consolidated, you need not pay multiple loans every month, you only have a single loan to pay and this makes it less confusing and burdensome.

Through consolidation, a student or a graduate can have some sort of relief. Most student fret and think of their loans while still studying and often miss out on their education. On the other hand, fresh graduates that are in debt could not focus or advance in their careers because they have this huge debt to pay.

You may be wondering if student loan consolidation is a good idea. Here are a few reasons why you should consider consolidating your loans -

It lowers your monthly payment

Often times if a student has multiple loans to pay, it means paying higher as the student is paying for interest for multiple loans.

Lower interest rates

Consolidation offers students a fixed monthly interest that is usually lower than the interest rates of their previous loans.

New interest rates

Consolidating your loans will most likely mean that you are going to have a new interest rate. You may get lower interest rates because interest rates these days are decreasing.

More convenient payment scheme Because all the previous loans are combined into one, payment is easier and more convenient when student loans are consolidated.

Helps you save more money

Typically, consolidating your loans can help you reduce your monthly payments to as much as 54 percent depending on the interest rates. But no matter what the interest rate, bottom-line is your still going to save money.

Extends repayment period

Usually consolidation gives the students more time to pay their debts. This is a good thing so students wont feel pressured to pay their consolidated loans because it lowers the monthly payment.

Different types of loans can be consolidated

Student consolidation is not only limited to one or two types of loans. There are actually a lot of different types of loans that can be consolidated. Some loans that can be consolidated are direct subsidized and unsubsidized loans, federal insured student loans, federal Perkins loans, national defense student loans, etc.

While student loan consolidation provides a lot of advantages, there is also a negative side to it. You may want to consider these disadvantages before deciding to consolidate your loans.

Increases overall total amount paid Because consolidating all your loans extends repayment period, it will lower your monthly payments but this will result in an increased overall total amount paid.

Lose incentives

If you consolidate all your loans you may lose several incentives that are offered to you by your lenders.

Lose benefits for Perkins loans Consolidating Perkins loans means cancellation of your benefits and losing interest subsidy.

Reading the pros and cons of student consolidation may have given you an idea on whether or not consolidation is a good idea. The advantages obviously surpass the disadvantages but it is still up to you if you want to consolidate your loans.

Before indulging in the consolidation scene, you need to do research on that consolidation companies offer the best deals and will really help you lower your payments.

The best way to research is through the internet because you will be able to compare different plans conveniently. You can find information and news on consolidation. Some sites even offer quotes and this makes it easier for you to compare and choose among different companies.

Resource: http://www.isnare.com/?aid=93575&ca=Finances