Payday Loan - Home Page
If you need online cash in 24 hours then you can be sure to get it if you have a checking account and you are an adult with a stable income. You never know when an emergency will strike and leave you speechless with no comforting arms to embrace. Many providers on the net provide online instant cash advance to people like you who suddenly find themselves short of cash in the middle of the month with all the other expenses glaring at them on the face. These loans taken against your next paycheck are also known as payday loans because they are paid on the next due date of your salary. However, if you are unable to pay on the payday you can also extend the date to the next payday when you receive your salary check in your checking account.
You can finance your short-term financial needs of 100 to 1500 dollars depending on your source of income and your repayment capacity. Normally, the facility of online cash in 24 hours is given for a period of one week to two weeks, which is extendable for a month. However, in case of an extension of duration, you face a further increase in the rate of interest or fees as it shows your inability in payment. However, since you are taking online instant cash advance, you have so many lenders and options that you can always renew your pact with another lender or bargain for a better lending rate, keeping in view the competition, with the original lender. Another benefit of taking online payday cash advance is that you do not have to undergo the humiliating credit check routine. Lenders are unconcerned whether you have good credit or bad.
Internet has made it so convenient to get your financial needs addressed quickly. The application process is so simple and prompt, the processing is extremely fast and you get online cash in 24 hours. Although the annual percentage rate is usually higher than the traditional loans taken from the banks and other financial institutions, it is much more hassle free and less time consuming. The high interest rate indicates that the risk of the borrower is also very high in this case.
You have two options to repay your advance against your paycheck. You can either take the traditional route of paying through checks or agree to pay electronically with the help of the electronic clearing service. In the second case, you do not have to worry about due dates of repayment as the amount of the loan you received as online cash in 24 hours is deducted from the monthly pay you receive in your bank account along with due interest on the first day of the receipt itself.