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Financial Implications:  Short term payday loans are meant to be just that: Short term.  Typical fees range from $15 to $40 for every $100 borrowed up to $500.00.  Fees per $100 begin dropping on loans larger than $500.00.  Fees are typically less than what borrowers can expect to pay for bouncing a check, having a utility disconnected, or paying a credit card bill late. It’s an unfortunate truth that in tough economic times, lenders tend to increase the already-strict guidelines for granting unsecured money loans. Banks continue to show increasing reluctance to extend credit lines or financial assistance to customers. Even those with good credit are being turned away, and those with poor credit are often denied immediately. This kind of economic climate is increasing the challenges for those in financial tough spots to find emergency cash quickly. Our site offers a positive alternative to more rigid traditional lending structures. We understand that you can only plan so far for an emergency, and sometimes everyone needs a helping hand. Our goal is to extend an offer of support to hardworking Americans who end up in over their heads financially through no fault of their own. Some of the basic pre-requisites to be approved include – being over the age of 18 and being employed. It is also important that you are a citizen of the US and that you have a valid checking or savings account. If you have the choice between a savings and a checking account, go with your checking account because more lenders accept checking account loans relative to savings account loans. Also, make sure that you check your state by state regulations because payday loan laws vary depending on where you live. You May Also Like
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Getting a payday loan now is becoming a necessity for many consumers struggling to make ends meet in the current economy. Unemployment rates remain high, job security is increasingly uncertain, and fewer and fewer lenders are willing to extend loan approval for hardworking Americans. This is creating an urgent problem for those in need of emergency cash, especially for those in crisis. PaydayLoanNow.com provides a friendly alternative to traditional lending institutions, and a faster alternative too, letting you get your payday loan now. Our guidelines are lenient enough to assist those who really need it the most, while still offering generous repayment terms that work with your budget. Everyone needs a little help once in a while, and we’re proud to say that it’s our pleasure to provide that help. The buyer had already shown the truck to friends and family and had developed an attachment to it, James says in the article. "Now the dealership was taking it away from them. It was an unintentional form of public humiliation." Streamlined Process: Getting your payday loans online is a very convenient way to get cash, as the transaction takes place over your computer. Many lenders will not require you to fax further documentation to them, making the process even easier.
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