PaydayNow Blog:

Different Types of Online Loans with Monthly Payments

Loan contracts come in different forms, ranging from simple loans such as promissory loans to complex loans such as auto loans, payday, and student loans. Online loans are available to people who are facing financial difficulties, and they are unable to access the loans from conventional lending system. The changing economic environment across the United States has forced many people into difficult financial position. Many people depend on their salaries to pay their utility bills and other expenses. When you find yourself in a difficult financial position, you will be forced to search for a loan from online lending companies. People who have poor credit scores have challenges accessing loans … Continue reading “Different Types of Online Loans with Monthly Payments”

Online Payday Loan Laws and Permitted Interest

Online Payday Loan Laws and Permitted Interest A payday loan is a small amount of money that is advanced to a borrower to pay unexpected expenses. The loans are usually short term, and it is payable on the next paycheck. They are convenient and safe for a consumer to stretch their financial means to deal with emergencies. Whether it is utility bills, an accident or health problems, the payday loans online will help you overcome the situation. There are rules and regulations on payday lending in different states. A patchwork of regulations may limit your access to the loan and in some cases, the cap that you can borrow. The … Continue reading “Online Payday Loan Laws and Permitted Interest”

Online Lending Companies and Their Operations

Online Lending Companies and Their Operations When you opt to take a loan online because of a poor credit score, online lending companies is a perfect choice for you. You have considered banks or credit unions but this often results in a poor credit score. Coupled with hard financial times, you may find yourself in a tough position. Online money lending companies operate like a money shop, unlike regular financial institutions. The customers are given online loans based on their ability to repay the loan and their incomes. Although there are some undesirable effects of borrowing money from online lending companies, they might help you during a tough financial time. … Continue reading “Online Lending Companies and Their Operations”

Scott Tucker Sentenced- Is To Face 16 Years For Online Payday Loans

Scott Tucker Sentenced. To Face 16 years for online payday loan scams Joan Loughnane an acting deputy attorney said that Scott Tucker was to be behind bars for 16 years 8 months in prison as per the sentence for carrying out a national payday lending enterprise online illegally. The attorney indicated that Scott had methodically evaded laws of the state for more the past decade and charged illegal interest as high as 1000% on loans. Scott’s co-defendant Timothy Muir an attorney was also slapped with a sentence of 84 months in prison for participating in the scheme in addition to their knowledgeable violation of usury laws of the states across … Continue reading “Scott Tucker Sentenced- Is To Face 16 Years For Online Payday Loans”

Same day loans

We all want to be independent and be able to handle things ourselves. Whether it is getting through college, finding a job, providing for yourself and for your family, it always feels good to be in control. However, it is not always possible to handle financial trouble without getting help. When you are days or even weeks away from your next paycheck and are confronted by an outstanding bill, your best and probably the only option would be to seek financial assistance. It is important to understand that facing such difficulty is not something rare. And if you think that people with better income and stable jobs are immune to … Continue reading “Same day loans”

Bad credit personal loans

Bad credit personal loans Are you going through a rough financial period, having trouble paying your monthly bills, and feel like your only way of managing the situation is to get financial assistance? Yet your credit score is far from perfect and you are not sure if there is a way for you to get that assistance. This is actually a problem that many people are facing nowadays. The good news is that getting financial help is more than possible even if you have a poor credit score. The following article will give you a general idea of the possible solutions for these financial issues. Needing financial assistance is not … Continue reading “Bad credit personal loans”

Online Payday Loans

Even though we live in an economic environment which living costs are always on the rise while the level of income does not seem to get any higher, there is still a general consumption that only people with minimum income or people without a job are struggling with their finances. The reality is that even people with good jobs and steady sources of monthly income are also facing some tough financial problems and are not always able to handle these problems all on their own. So they take advantage of what the loan industry has to offer. In this article, we are going to focus on one type of loan … Continue reading “Online Payday Loans”

Installment loans for bad credit

Nowadays, people are having a hard time sustaining a stable financial state, especially for a longer period of time. Even regular monthly financial obligations like the electricity bill or just basic living costs like food can often throw people off the wagon. The reality is that if you do not have enough money to afford your normal living expenses, you need to find a way to make extra income. However, people simply do not have that time to react as fast as possible to the financial issues that they are facing. Financial problems like unexpected emergency expenses can often leave even the most well-prepared without an alternative but to find … Continue reading “Installment loans for bad credit”

Payday loan consolidation

We live in a very dynamic economic environment where bills are often coming at you faster than you are able to react. When you have an outstanding bill and you are still days or even weeks away from your paycheck, you rarely have another option but to seek out financial assistance. Options for getting financial assistance There are different ways that you can get financial assistance, it all comes down to your specific situation. Normally, the best way to deal with an outstanding bill when you do not have the money for it is to borrow from a friend or family member.   Borrowing from friends and family   The … Continue reading “Payday loan consolidation”

Why You Need Payday Loans from a direct lender

A direct payday loan refers to a loan that is offered by the lending firm directly to the borrower. This type of loan does not include brokers or intermediaries or people who ask you for information and thereafter they can link you up with a lender. The main goal of brokers is to find potential borrowers and then forward them potential lending companies or match borrowers with lenders.  Privacy of your information is integral to any company and it is crucial that you look for an actual lender who will give you loans after assessing your financial information. Financial experts recommend that you deal with the lender directly to avoid … Continue reading “Why You Need Payday Loans from a direct lender”

What Are Quick Payday Loans and How They Work

When you apply for quick payday loans from a reputable lender, your income will be checked plus your financial information. If your checking account is in good condition then the amount will be deposited to your account within 15 minutes or an hour. In some cases, when an electronic transfer is conducted, it could take 2 hours but not longer than 36 hours. However, the lender will require a signed check or permission to electronically withdraw cash from the borrower’s account when the payday loan is due. This type of loan is usually due by the next payday and it is essential that you choose wisely when taking out a … Continue reading “What Are Quick Payday Loans and How They Work”

Benefits of payday loans and application process

Payday loans are suitable for borrowers who are able to pay them back on time by their next payday. If the borrower is applying for payday loans online, he may even be approved within a few hours. These loans can be used for paying unexpected bills, travel expenses or buying something you urgently need. They are extremely fast to get and that makes them unique. Who can get a payday loan? People who are at least 18 years old, have a monthly salary and a checking account are eligible for payday loans. It doesn’t even matter if the customer has bad credit history. The market is highly competitive which means that … Continue reading “Benefits of payday loans and application process”

What Is a Merchant Cash Advance

A merchant cash advance is financing for companies that permit patrons to utilize credit or debit cards as payment. Unlike typical funding that is usually on a set schedule such as weekly or monthly merchant cash advances are repaid daily based on a percentage of the businesses credit or debit card sales. The repayment percentage is determined by a factor rate that is then multiplied by whatever the amount of the merchant cash advance was. Whatever the applicable percentage is determined to be is then refunded to the financier to recover their money until the agreed-upon amount is repaid in full. How can the money from a Merchant Cash Advance … Continue reading “What Is a Merchant Cash Advance”

When a Merchant Cash Advance Makes Sense

No matter how big, small, or prosperous a business may be, there always comes a time when the business is in need of cash. The need doesn’t always arise in the startup phase it could occur years later during a renovation project. When or how it happens is irrelevant, it is the course of action chosen by the business owner to deal with the issues that matter most and in reality make or break the business. Merchant cash advances have been growing in popularity over the years as a short-term solution to business financing because they promise to provide easy access to funding for businesses in need. The decision for … Continue reading “When a Merchant Cash Advance Makes Sense”

Getting A Merchant Cash Advance Is Easy, But What About Repayment?

What About Repayment of merchant cash advance loans? A merchant cash advance is an advance of funds on a business’s projected future credit and debit card sales that is either repaid by a fixed debit or by a percentage that is taken off the business’s daily or weekly sales. The popularity of merchant cash advances has soared in recent years due to the ever continuing tightening of lending criteria of traditional lenders. Although, there are times that a merchant cash advance is necessary, it’s important for a business owner to know when this is the case and when it isn’t. Regardless of the repayment method this type of business funding … Continue reading “Getting A Merchant Cash Advance Is Easy, But What About Repayment?”

Merchant Cash Advances vs. Business Loans

A merchant cash advance is a unique type of financing in which companies can borrow money from a lender and repay it by deducting a set percentage from their credit and debit card sales until the agreed-upon amount is completely repaid. Unlike merchant cash advances, that pretty much work the same way, despite the lender, business loans are structured differently. In fact, there are seven different types of business loans: 1. Term Loans – are loans in which businesses borrow a specific amount of money and repay it over an agreed upon period of time. Repayment terms usually vary depending on the lender, the purpose of the loan, and the … Continue reading “Merchant Cash Advances vs. Business Loans”

Merchant Cash Advances

Merchant Cash Advance Loans And How You Can Use Them Merchants with little to no credit often have difficulty obtaining financing through traditional lenders such as banks, credit unions, and credit cards. Fortunately, these merchants have another option: merchant cash advances. They are often the best alternative for a lot of businesses because they provide capital that wouldn’t otherwise be available through traditional funding sources. With merchant cash advances these businesses can get the financing they need in order to meet their needs and goals without it affecting their business. The most difficult decision for a business regarding merchant cash advances is choosing the right provider. The first step in … Continue reading “Merchant Cash Advances”

Merchant Cash Advance Case Studies

Arturo Calderon was in the process of having a new Yucatan Taco Stand restaurant built in Woodlands, Texas with $500,000 in funding from partners and $700,000 in funding from investments. The construction ran $80,000 over budget forcing Mr. Calderon to dip into the funds that had been set aside for his September 2011 opening. Although business had been good from day one, being forced to operate without the $80,000 that had been anticipated for opening costs was difficult. One month after opening Mr. Calderon applied for a cash advance from a lender that routinely worked with businesses that had a high volume of credit and debit card transactions for a … Continue reading “Merchant Cash Advance Case Studies”

Merchant Cash Advances or Lack of It

Scam or Legitimate: Merchant cash advances have quickly attracted their share of both praise and criticism from industry observers who argue over whether the services ethical or not. One argument is that merchant cash advances are scams that prey on desperate business owners. The other argument is that they are low-risk funding options for business owners that don’t qualify for traditional bank loans. The answer lies in the eye of the beholder. Both arguments make valid points and to gain understanding as whether a merchant cash advance is a legitimate form of business financing it is important to be educated as to what a merchant cash advance is. Is a … Continue reading “Merchant Cash Advances or Lack of It”

Understanding Payday Loan Rights

Understanding  Your Payday Loan Rights Before acquiring payday loans, applicants must understand carefully the contract between them and the lender. Payday loan lenders will issue the applicants with the copy of the company’s policies, payday loan terms and conditions, cash advance terms and conditions, online payday loans, and others. Applicants should know exactly their rights before signing the contract. How To Look For A Trustworthy Company Offering Payday Loans Applying for a contract that people know nothing about can lead to a disaster. Thus, it important for applicants to research the backgrounds of the payday loan company before applying for their services. Pay day loans online should be professional. The … Continue reading “Understanding Payday Loan Rights”

Getting Online Payday Loans

Getting Online Payday Loans- The process Companies offering payday loans advertise almost anywhere. An individual can get the money he needs for emergencies or just to get through a single tough time. An individual should not use online payday loans to get through long-lasting harsh conditions, but to get one through a short-term problems. A payday loan offered by many different payday loan lenders may help someone get through a particular patch. Borrowers need to go through a process that may seem a little complicated, it is much less complicated than trying to get a mortgage. Many of the companies offering pay day loans online do not have individuals go … Continue reading “Getting Online Payday Loans”

Discover the Convenience of Payday Loans

Cash in as little as 24 hours There are many times when people find that they need a cash advance in a hurry. This might be because of an emergency medical situation or perhaps your vehicle needs to be repaired. Whatever the circumstances, if you have bad credit, you might find yourself in a difficult financial situation. After all, traditional loans from a bank will generally require that you have good credit. Fortunately, payday loans are now widely available and they provide an excellent opportunity for just about anyone to get the fast cash that they need. A payday loan is quick and easy to apply for and you will … Continue reading “Discover the Convenience of Payday Loans”

Get a Cash Advance with Payday Loans

Many people have found themselves in a situation where their credit has been ruined. This could be from the loss of a job, unexpected medical emergencies or any number of other unfortunate circumstances. However, even when you have bad credit, there are times when you might find yourself in need of quick cash. There are many companies offering credit cards as a solution for people with bad credit, but many of these opportunities are a scam and can leave you in bigger financial trouble than when you started. Fortunately, payday loans offer a quick and reliable way to get the cash you need without having to worry about the latest … Continue reading “Get a Cash Advance with Payday Loans”

The Risks of Payday Loans: What To Watch For

The Risks of Payday Loans? Payday loans certainly offer their share of advantages. They are easy to get, convenient, and help you get the money you need when you need it. Regardless of what financial emergency you may find yourself dealing with, if you need money fast and are unable to get it elsewhere, you can rely on a payday loan center to get the money you need now. However, not all is good with the payday loans. There are some important negative aspects to recognize before going through with a cash advance loan, to ensure you are aware of the full story and make the right decision before going … Continue reading “The Risks of Payday Loans: What To Watch For”

Going Through With Payday Loans: How To Get Started

Going Through With Payday Loans: How To Get Started There are always times when you find yourself in a financial bind and are unsure how to get out of it. Even if you are quite well off and make a good living, you may have an emergency come up and simply not have the money you need put aside for it. No one can predict when they will find themselves in a financial mess, and at least if you ever do, you know you can rely on a payday loan center to get the money you need, when you need it. When you go through a bank or other financial … Continue reading “Going Through With Payday Loans: How To Get Started”

The Advantages of Payday Loans

We always hear about the negatives of payday loans, the type of problems they can create and the issues they cause, but there are actually some very important advantages they offer. Whether you make a decent living or have a tight budget, if you ever find yourself in a financial emergency, you can take advantage of payday loans and make the most of what these loans have to offer. One of the greatest advantages of the online payday loans is the ease and convenience they offer. When you need money fast, you do not have time to wait to go through a bank or other financial institution. Instead, you need … Continue reading “The Advantages of Payday Loans”