Your Questions About Payday Loan Scams

November 25, 2011 by Loans Guide  
Filed under Payday Loans

Paul asks…

Are all of those payday cash loans sites scams.?

i have bad credit and need a small loan until next payday. i dont want to get scammed by somebody and pay back tripple the principal amount borrowed. Anyone have any sites to recomend?

Loans Guide answers:

It’s not a scam, but it’s incredibly stupid to get one from them.

I have no sites to recommend. If you need a small loan to last you until pay day, don’t go off the internet or head to a pay day or title loan site or location in your city. Notice where they are located–in the poorest part of town.

Talk to your family. Sell what you can. You can do without internet and TV for a month or two. If you need a loan to make it through the next few weeks, you need to learn how to budget. Until then, cut down what you need.

Mandy asks…

I am looking for a personal loan with low interest but I have bad credit?

Are there any legit companies out there other than the scam payday loans and such? Thanks to all who answer

Loans Guide answers:

Credit unions are more helpful than banks

David asks…

i applied for payday loans scam?

This morning i applied for a online loan for people with no credit from payday loans. i now realize this was a mistake. i never finalized the loan but it said i was preapproved. what can i do to get rid of this i dont feel safe now that they have all my information.

Loans Guide answers:

You are right to be leery. Call them. Record the time and date of the call and who you speak with. Request a supervisor, and tell them that you are not agreeing to their terms and that you do not waive your right to privacy. They can not share your info, by law, if you do not waive your right to privacy. (It is never to late to do this BTW, even if you signed something saying you did, you have the right to revoke that authorization at any time.) They are not going to remove you from their database, don’t ask. Once a request for credit is made, they must retain that info for a certain period of time, hope they respect the rules and treat you fair, if they don’t, find their regulatory agency (they have to tell you who that is if you ask) and report them.

Lizzie asks…

What payday loan is not a scam,?

I need to get one to hold us through until my refund comes back, I thought It would already be here but it is showing not until 2 weeks from now. Does anyone know one that isn’t a scam? We were relying on our refund to come back before now. I have a couple bills that have to be paid, then i will just pay it back when i get my refund. Thank you…Please answers from personal experience.
Thanks

Loans Guide answers:

LOL IT SOUNDS LIKE AN EMERGENCY TO ME! IS PAYING YOUR BILS NOT AN EMERGENCY?

Donald asks…

why do payday loan companys act as lawyers to take you to court?

can a payday loan company act as lawyers to scam you to go to court for an unpaid payday loan

Loans Guide answers:

A payday loan company cannot pretend to be lawyers. They may, however, employ a corporate attorney to collect on bad loans.

You would have to provide more information to get a better answer.

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Your Questions About Payday Loan Lenders Only

November 14, 2011 by Loans Guide  
Filed under Payday Loans

Joseph asks…

what do you think about payday cash loans and advances, and why do they try to get you to sign for things?

why do cash advance and loans always have other offers to sign up for, ad you already need money. I you had money you would sign up, and not ask for a loan…..and they say they can help, than send you to another cash lender provider..they claim to help but don’t, their send you to 9 or 10 payday lenders who are no lenders at all, just to offer you offers that you have to pay for..if you’re not lending the money why are they in involve people who are applying for cash payday loans or advances , only want to hear from a lender who’s gone to give them their cash advance….

Loans Guide answers:

They charge 500% interest and get rich off of dummies who are too lazy to read the fine print .

If I lost my soul , I would consider going into that business and cleaning out the sheep .

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George asks…

payday loan?

is the a web site directly to a lender? i am so sick of filling out forms only to be redirected to another site to fill in the same info. Thanks for any help with this.
Yes, I know all about the two week pay back, and for one reason or another it works for me. I use them once or twice every six months and always pay it off in the two week time period. I was looking for an answer, not advice but thanks for trying to help.

Loans Guide answers:

Payday loans are TOTALLY not worth it. If you take a loan this week and then next week you have to pay it back (or in 2 weeks) which will put you behind again, then you’ll have to take another loan and so on and so on.

If you still want to go this route, it’s probably easier to go to a storefront place. Then you’ll just fill out the forms just once and get approved right away.

Maria asks…

Are there any payday loans you can get if you only have a netspend account with direct deposit?

I live in Wisconsin-the account is considered checking and has a routing number, but most lenders wont accept it-they say it is ‘blacklisted’. What does this mean?

Loans Guide answers:

They have been fooled too many times with this type of “account”. Too easy for you to close it up overnight and leave them with no “protection”. They are not allowed to “blacklist” a bank. You might find one lender in town who will accept your account. Keep calling.

Carol asks…

Need a bad credit loan. My credit score is 643. No payday loans pls. Need 3000 soon or more for debt con.?

Applied with citi, cap one,AmOne no luck only finding payday loans on the internet or pay up front places. Need your all help to find a good lender. THANKS.

Loans Guide answers:

Try www.prosper.com It’s alegit site to try for a 3 year loan.

Laura asks…

Payday loan or Cash Advance?

Does anyone know where you can get one of these with definite results?I have searched and searched and have not found any direct lenders.Only matching services.If anyone knows any sites or have used any before,please let me know.Thank you.
I know exactly what apayday loan is thank you.

Loans Guide answers:

Please avoid these at all costs!!! Get an extra job instead, deliver pizzas, throw papers. Money is called “currency” for a reason. It is like the ocean, constantly moving.

You end up paying 100% plus interest on these. I have two co-workers that did these type of loans and it got them in huge trouble b/c they were not able to pay the loan back with their next check. They were still in the same boat as the previous month, not enough money, mainly b/c they spent on what they didnt need, but also b/c the payday loan or cash advance was a short term fix to a long term problem.

Taking out one of these type of loans will cost you dearly!!!

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Payday Loans Problems – Learn Best Answer Of The Whole Complications

December 13, 2010 by Loans Guide  
Filed under Fast Loan

When things don’t work too well along with you with regards to financial stuff, it really depresses you. Each time there’s an urgent situation happening that needs finance, we’re worried and we don’t know where you’ll get it. Of course, we could always ask for our friends although not constantly our friends would let’s borrow. Good thing you will find payday loans. These are loans, small loans to be exact you could apply for and pay on your next paycheck so that you will have the finances to determine you through up to the next payday or so you might have money to finance an urgent situation situation.

These types of loans are easy to acquire and are made specifically for people who needs money or short on money and would be able to pay the next paycheck. You may either acquire it on banks and other loaning establishments or you could also acquire it online that is today perhaps the easiest way to acquire loans. No more lines and stuff, easy and quick guaranteed approval payday loan and all that. Very convenient. However, there’s also problems that you’d encounter regarding these types of loans. And one of these may be the problem that you would face if you’re getting another payday loan.

Personal loans have very high rates of interest in exchange for easy and quick approval and things like might most loaners have no idea look at the terms and conditions before receiving or signing. They’re so relieved and happy they have the cash being unsure of about the rates of interest or otherwise caring about this all. Because of this , why when payday comes; they’re shocked and blame the lenders when it’s not their fault. However they have no choice but to pay it. It also provides them another problematic option. They might take another loan to pay off that previous loan and pay it again on the next paycheck. But it’s the same. They’re only becoming part of a vicious cycle. Some even go bankrupt due to this thing. That’s the perils and risks of not being able to pay the borrowed funds on time. The eye rates would certainly kill you.

But there’s an answer to this. If you wish to avoid this issue and also you can’t avoid obtaining the loan. Just make sure, Once more, make damn sure you could repay the borrowed funds on time. Do anything you can to ensure that you’d possess the resources to repay that loan. That is the only way to stop that crazy cycle that pulverizes and pummels people into bankruptcy. Remember, it’s not the lender’s fault, it is yours. Therefore the least that you could do would be to make a move to fix that.

So next time you will apply for a loan; check the eye rates if you may be capable of paying it and ensure that you would surely pay it on time to avoid these payday loans problems.

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Genuine Payday Loan – Most Suitable Option For Immediate Cash

August 4, 2010 by Loans Guide  
Filed under Payday Loans

If you’re someone who are troubled from an unforeseen cash flow difficulties and require some cash quickly then you certainly want to obtain the best loan that is available online. Probably the most efficient approach is to obtain several quotes and select the optimal short term loan deal from them is always to make use of numerous sites which are affiliated with numerous genuine cash advance payday lenders. Resorting to this kind of a solution will force the loan providers to compete for you like a potential customer and like a result you may definitely be able to pick the best option out there. I strongly recommend this kind of approach as it permits you to save lots of time and funds when applying for this online payday loan. All these web sites are free to use and to the best of my experience are one of the most convenient technique of obtaining and hold of some fast cash.

There’s a fantastic deal of genuine payday cash loan out there, so it’s essential to know where you look to be able to avoid those who may desire to take advantage of you or basically charge you with higher rates and fees. The greatest method to discover a trustworthy and reputable lender would be to compare different provides prior to you decide to submit an application form. It’s worth to spend some time on review websites and get as numerous quotes as achievable. This will permit you to benefit from low interest rates for this kind of short term loan.

There has often been a require for salaried employees to apply for little and payday cash loans so as to fulfill and pay for unforeseen expenses. This need for an instant credit facility can be simply availed with the approval of the payday loans. It has been a commonly expected credit facility for people who can raise funds for short durations and also for those who can simply repay the amount availed on credit when the next pay check arrives.

Genuine payday advance creditors provide loans that vary from $100 to $1,500. Normally you may be expected to pay it back whenever you receive you following payment. Usually you’re charged about $15 per each $100 you borrow, but in case you compare rates and browse via on the internet provides you are able to definitely discover a much better rate. Should you do not have cash to repay the debt on time there’s no trouble, as the lender will merely extend the payment period till your next payday.

At this point are prepared to have a Genuine Cash Loan within one hour, No Matter How Bad Your Credit – Go by Clicking Here.

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Payday Cash Advances Myths And Truths

November 29, 2009 by Loans Guide  
Filed under Cash Advances

If financial life is really a roller coaster consisting of its ups and downs, what is the solution during the steep downs? We could call them cash advances in between pay cycles. The whole concept of getting a loan to make ends meet , in the middle of pay cycles , have helped people live with more confidence. Such pay day advances not not help when sudden or unanticipated expenses arise but also help during general everyday expenses are involved. No one knows when an unexpected financial emergency can arise. So in such situation there is no need to panic if you have idea about payday cash loans.

Most of the cash advance are available online and this makes it more easily available to people. Apart from being readily available, it is also secured and reasonable with respect to interest rates. These instant cash advances can be availed by just filling in an application form with a few essential details. After that the payday lender will validate the consumers credit history. If everything is alright then the customer can expect the loan amount in few hours.

These payday cash advances can be also called guaranteed loans since it is available to all those, who satisfy a basic criteria ,set by the cash lenders. Common man who finds it difficult to wait in never-ending queues and filling up numerous papers, will feel this to be a boon. And now, instant cash is literally instant with the possibility of the loan amount to be transferred immediately with a small extra fee. The default time taken to transfer the loan amount is generally a couple of days from the day of booking. This may vary from lender to lender. But due to lot of processes involved in the transaction, it is a bit time consuming.

The better news for borrowers is that , instant cash advances are now available with installment plans. Repayments options like never before. The interest rates in this option is generally calculated on the outstanding principal. So which means, as the installments are repaid, the interest reduces even further. Since all cash loans are transacted online, there is always a security issue that lingers in borrowers minds. The only possible consolation for borrowers is that identification of fraud online is simpler than one imagines it to be. There are many agencies expert in this. So the lender just need to contact them and the whole data is in front of them.

All documents including the policies and regulations have to be viewable by the customers. There are lenders who levy fees even to fill application forms. This is the easiest method to distinguish a consultant and a real lender. So all criteria must be carefully analyzed before attempting to borrow a payday cash advances. Even in the most downs in life, right decisions make life simpler.

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