PaydayNow Blog:

Different Types of Online Loans with Monthly Payments, Many Methods To Use Online Loans

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 … Continue reading “Different Types of Online Loans with Monthly Payments, Many Methods To Use Online Loans”

Online Payday Loans, Payday Loans Low Interest Rates

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. … Continue reading “Online Payday Loans, Payday Loans Low Interest Rates”

Online Lending Companies, Their Operations, Best Lending Companies Online For Bad Credit

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, Their Operations, Best Lending Companies Online For Bad Credit”

Scott Tucker Sentenced, 16 Years For Payday Loans

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 the country. Muir and Tucker misled millions of customers Regarding the total cost … Continue reading “Scott Tucker Sentenced, 16 Years For Payday Loans”

Benefits Of Payday Loans Online

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 Online”

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 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, Business Cash Loans Bad Credit, Merchant Cash Advance Direct Lenders

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 … Continue reading “Merchant Cash Advances, Business Cash Loans Bad Credit, Merchant Cash Advance Direct Lenders”

Understanding 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. Payday loans online should be professional. The company website should also provide a … Continue reading “Understanding Payday Loan Rights”

Online Payday Loans, The Process

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 … Continue reading “Online Payday Loans, The Process”

Best Payday Loans Online Lenders, No Credit Check Payday Loans, Payday Loans Near Me

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 … Continue reading “Best Payday Loans Online Lenders, No Credit Check Payday Loans, Payday Loans Near Me”

Cash Loans Advance, Payday Loans Near Me, Loans Advance No Credit Check, Loans Direct Lenders

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 “Cash Loans Advance, Payday Loans Near Me, Loans Advance No Credit Check, Loans Direct Lenders”

The Risks of Payday Loans, What You Need Know For Payday Loans

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 You Need Know For Payday Loans”

How To Get Payday Loans

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 “How To Get Payday Loans”

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 “Advantages of Payday Loans”