Apply for Payday Loan Online
Getting a quick cash loan, cash advance or payday loan has never been easier than іt іѕ tоdау, thanks to the internet. Today you can apply and be approved for a payday loan or cash advance fast, in the comfort of your own home. There isn’t even a check to deposit to receive your money. The money goes directly into your bank account without you even having to drive to the bank and deposit a check. There is usually no credit check involved in quick cash loans or payday loans. If you are in a temporary bind for fast cash, getting a payday loan online is a very convenient way to go.
Visiting a payday loan store at their physical location can sometimes be a hassle and can be embarrassing. Getting your payday or cash advance loan online is very discreet.
Here are some things you should know before getting a cash advance loan online.
Fees: The fees to apply for payday loans online or cash advance loans are usually around $20-30 per $100 borrowed, (usually per week). However, there is a company that, for your first payday loan, charges no interest at all. That’s right, your first payday loan with them is free of interest. There are also a handful of cash advance loan companies online that only charge $10 per $100 borrowed. (To see a list of recommended payday loan companies, click on the link below).
When You Get Paid: The time it takes to receive the cash advance is usually 24 hours or the next business day. However, there are a couple of companies that will wire the money directly into your account within 1 hour. Other companies can take as long as 48 hours to deposit the money into your account; it depends on the company you go with. They should tell you upfront or the homepage of their website should tell you when you can expect to receive the funds.
Credit Check: For payday loans or cash advance loans, there usually is no credit check. Usually you just need to verify your income with a bank statement, paycheck stub or both.
Tip for Saving Money on Fees: Here is a tip to save as much money as possible on fees. Only use the check loan or payday loan from the time you have to have the money, until the first possible day you can pay it off. To just have the money sitting in your account charging you interest by the day can be expensive when it doesn’t need to be. Make sure you use it for the shortest amount of time possible.