Archive for October, 2007

Monday, October 29th, 2007

Cash Advance Payday Loans

The ads are on the radio, television, the Internet, even in the mail. They refer to payday loans - which come at a very high price.

Check cashers, finance companies and others are making small, short-term, high-rate loans that go by a variety of names: payday loans, cash advance loans, check advance loans, post-dated check loans or deferred deposit check loans.

Usually, a borrower writes a personal check payable to the lender for the amount he or she wishe …

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Friday, October 26th, 2007

When talking about no credit check payday loans it is important to understand a restricted letter of credit. When…No Credit Check Payday Loans

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Cash Advance Loans = Costly Cash?

Cash Advance Loans = Costly Cash?
The Federal Trade Commission has branded cash advance loans with the label of costly cash . An article on their web site explains alternatives to cash advance loans that they claim are less expensive in the long run. The only problem is that the FTC is not looking at the reality of those who turn to cash advance loans to help them handle an emergency cash need nor are they being realistic about the costs of the alternatives that …

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Tuesday, October 23rd, 2007

Fast Payday Loans

Payday loans are cash advances against your personal check. If you want to take a loan for $200, you have to give a check for $260. You will get two weeks time to pay the check. You can extend the time for a fee. There are also late payment penalties and bounced-check fees. This is the real trap, and in no way similar to other fast loans. This is the modern way of money making for moneylenders and a modern day fast-approved loan for the …

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Beware Of Bad Credit Payday Loans

Could bad credit payday loans be the answer consumers with low bank accounts have been looking for? Is there any harm in using these services? Aren’t they better than using credit cards or going hungry?

Have you seen the commercials? Cute characters promise financial prosperity. Happy, professional individuals appear to regularly visit their corner pay day loan shop as proudly as cashing a check at the bank. Customers at the groce …

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