Monday, July 2, 2012

According to different surveys, many lenders these days are availing payday cash loans to solve their short time cash crunch. And to cope up with this scenario, lending companies are also increasing day-by day. Being a first time borrower, you may have some queries or doubts about payday cash loans. Here is some information to clear all doubts about payday cash loans.

What is a payday cash loan?


Payday cash loans are short term basis loans, given for 1-2 weeks. These loans act as a bridge for covering the short time cash crisis. These loans are also known as “Cash Advance”, “Paycheck loan”, “Check Loans” and “Payroll Advance Loans”.

Why payday cash loans?

As it is mentioned before, payday cash loans are given to patch up the monetary shortfall. Many of us may need urgent cash at the middle of the month when we are short of it. In that case, payday cash loans can be the best substitute to arrange cash immediately. Unlike, other loans, the application process of these loans is very simple and it takes hardly 24 hours to avail the loan amount. So with these loans, one can get instant cash immediately.

What are the cost and maximum limit of payday cash loans?

Generally, you will have to pay ₤15 to ₤30 on per ₤100 borrowed. It means if your borrowed amount is ₤100 then you will have to repay ₤115 to ₤130 on the scheduled date. The APR on payday cash loans can go up to 391%.

At the same time, keep in your mind that if you are a first time borrower then you may borrow up to ₤500 and after repaying the amount on time, again if you avail another payday cash loan, then you can borrow above ₤500.

Require fulfilling some criteria?

Yes, obviously you will have to fulfill some pre requisite criteria for availing a payday cash loan. These are like:

• Full time employment along with a regular income.
• The minimum age of borrowers should be 18.
• Borrowers should have a checking A/C.
• Borrowers’ monthly income should be at least ₤1000.

What is the suitable time for applying a payday cash loan?

As people apply for these loans when they need cash immediately, thus the best application time for a payday check loan is between Monday to Thursday. Usually, the amount is credited to borrowers’ account on the next working day of their applying day. Therefore, if you apply for the loan between Monday to Thursday, then next day easily you can get the loan amount. Otherwise, if you apply for the loan on Friday or Saturday, then you will get the cash next working date that could be next Tuesday. So to get the amount instantly, try to apply for these loans within business hours.


However, all sorts of borrowers can avail payday cash loans. Thus if you have bad credit score, don’t worry… you can get these loans easily. But do not forget to check your repayment capacity before availing a payday cash loan.











deposit direct fax loan no no no payday teletrack




Get Cash Now

Related Content URL


  • advance caah fax loan no payday through union weatern wired 60 Seconds Fast Loan Application No Faxing & No Hassle 1 Hour Approval

  • no fax payday loan refinance home loans 60 Seconds Cash Advance Application ATM Withdraw Easy Fast Approve

  • fax loan no payday resource credit We Guarantee Loans up to $1000 We offer payday loans online Higher Approval Rate

  • best no fax payday loan credit Cash Wired to Your Bank Account in Hours Bad Credit and No Credit OK Easy Approval within 24 Hours

  • overnight no fax payday loan money Are you looking speed cash No Credit Required Simple

  • no fax payday loan payday loan resource payday loa Cash in as fast as in Hours Paperless Online Application Quick Approved

  • chance fax loan no payday second credit Fast Cash in Hours No Hassle 60 Second Approvals

  • no fax no income verification no credit check payday loan Looking for $1000 Cash Advance No Faxing & Bad Credit OK Instant and Easy Approval

  • fax payday loan payday loan on line paperless payd Are you looking cash loan? No Paper Hassles 99% Approval

  • cash until payday loan fax payday loan http Need Cash Advance Directly Deposited as soon as 1 day 99% Approval

  • no credit check no fax payday loan in australia Overnight Payday Loans We Guarantee Results Very Fast Approval
  • No comments:

    Post a Comment