Have you heard of “paycheck” loans? Basically, they are advances on your income. You get the money, cash in hand, deposited into your account and then it is deducted monthly until your loan is paid in full. If you need cash immediately a “paycheck” loan can help with unexpected expenses.
Cashcall.com will make loans to just about anyone with a job and a bank account. Right now cash call is only operating in a the following st ates: California, New mexico,,Nevada, Utah, and Idaho. However, the company is planning to expand into several more, as yet unnamed states at the end of the month.Ã?Â¯Ã?Â¿Ã?Â½
Applying for a cash call loan is a simple process. You give your bank account number and state where you are employeed then let them know how much you’d like to borrow. They make loans from $500 to $10,000 dollars and they will tell you over th phone, immediately, whether you have been approved. If so, the money is deposited directly into your checking account within several business days. In some acses the money can be available the very next day.
Some would agrue that the interest rate you pay to borrow this money is high. However, Compared them to the cost of paying higher interest rates for possibly years..(due to making late or missing payments) or paying exhorbitant late fees and they do not seem out of line. There’s also much to be said for knowing that you have enough to cover your expenses and, with a good repayment record, a place you can get a loan whenever you might need one. Cash call does not ask why you need the loan or what you plan to spend it on. Best of all there is no fee for early repayment, so it is possible to pay the higher interest rate only for the amount of time you will need the money.
Although many choose to pay back the money over a number of years.
Unexpected financial situations can happen to just about anyone. If they happen to you, do consider a “paycheck loan” from cash call.com. They are a legitamate and proven company.. If cash call is not yet available in your state , there are other such “paycheck loan” companies. Just remeber to check with, your local better business bureau in advance of divulging any finacial information, to ensure that you are dealing with a reputable company.
After crunching the numbers, it’s my opinion that it is less expensive, in the long run, to pay your debts by borrowing short term at a higher interest rate than it is to have your credit score lowered by non -payments. Marred credit can take years to restore and during that time you will be paying more for all your debts. . “Paycheck loans” make the most sense for those who have a temporary need for the funds, but can be of help no matter what one’s financial situation. They can also be used to establish or reestablish credit as many companies who make this type of loan will work with people that traditional lenders will not even consider.