Unexpected expenses may crop up anytime for anybody. In such difficult circumstances, when the payday is still a few weeks away and you need some instant cash, the 30 second approval payday loan can actually be a great help. There can be several reasons for such urgent financial needs. It may be because your car has broken down and needs some urgent repair work.
You may have to pay some unexpected medical bills. There can be plenty of reasons. Thanks to simple online cash advances that made it easy for any employee to get instant money to meet various financial needs.
Eligibility Criteria
Following are some of the eligibility criteria that you need to meet in order to qualify for a 30 second approval payday loan:
- You must have the citizenship of the country your lending company is located in. In your case, you must be a US citizen in order to take advantage of this ultimate cash advance.
- You should not be below 18 years of age.
- After deduction of taxes, the amount of your monthly salary must be at least $1000. However, different lending companies have different upper ceilings in this regard. You
must check out the rules of the
company you are applying with in order to get the exact details in this regard.
Having a checking account is also a must. If you do not own one, you cannot qualify for the 30 second approval payday loan. The checking account is the bank account in your name where your salary gets credited every month. Your employment status also plays an important role. Lenders will like to see if you have an established job. Your current job must not be less than three months old. The older your current job, the higher are your chances of getting fast cash approval.
Some lenders will require you to have an up-to-date phone number to contact you. It could be a cell phone number or landline number. It is also very important for you to understand that those who have filed for bankruptcy recently cannot qualify for a 30 second approval payday loan. An independent contractor or self-employed people cannot take advantage of these simple loan options. You must be employed at a workplace with a fixed monthly salary.
Always remember that it is eventually your job status and the amount of your monthly salary that wins you an approval. Those who are currently serving in the military are also not eligible for these types of loans.
30 Second Approval Payday Loan
Payday Loan By Phone - A Unique Offering By The Loan Companies
You must be aware that you can get a cash advance very quickly through the internet, but do you know that finance companies also provide payday loan by phone? Yes, its true, getting a personal loan has become even more convenient and fast. All you have to do is pick up the phone and call the number of the bank or the company and borrow the required amount. You will be directed to a counselor, who will help you with the type of loan that you would want, your eligibility, and your interest rates.
The Easy And Quick Process Of Application
Under these loans you get instant response, quick approval, no documentation and no formalities. Just provide the information that the companies are asking for over the phone and let the process start. You do not even have to spare time for filling up the loan application.
In a very short time, the company representative will give you a call regarding your approval and ask about the way in which you want the amount to be disbursed. You may want a paper check it processing takes some time. For instant cash, you can seek the option of cash loan direct. Here, the borrowed amount gets deposited in your bank
account directly. The repayment of the
owed sum is also done similarly; the money and added interest is withdrawn from your account directly.
Ascertain Some Things Beforehand
Do ask for the interest rates in advance and if you think its higher than the average rate offered by other lenders, do not go for it. Also make sure, the payday loan by phone offered by that particular company is valid or not. Ask as many questions as you want, to assure the loans validity and the company experience in this field. Try to make enquiries about the lending company reputation and efficiency.
Once you are satisfied with the company reputation, the cash advance by phone is the best option to go for, in times of emergency and urgent financial crisis. Use the payday loans judicially to meet unexpected and urgent expenses, as the rates offered in these cases are quite high. Its best, if you are able to pay back the payday loan as soon as your salary day arrives, otherwise you might fall in a loan roll-over trap.
Payday loan by phone are fast, easy to apply, less time consuming, hassle-free, and instant. You simply have to call and ask for the payday program, provide the information asked for and get instant approval. The money reaches you in no time. So go for it is you deserve an easy life.
What's The Best Credit Card For Me?
So, you have decided you need a credit card. However, you must remember that not all credit cards are created equally. Your friend's credit card doesn't mean that it is also the best for you. Before going to this bank and get its credit card, you must consider the several factors that you should take into consideration when deciding which credit card you want to get.
Some of those factors include:
- Interest rate. When you are the type of person that pays off your balance monthly, you would probably disregard the interest rate. Unfortunately, most people are having problems keeping with their credit card balance. Most people do carry a balance in their credit cards. If you sometimes late paying and carrying a balance, then it would be the best decision to have a credit card with a low interest rate. Having a card with a low interest rate save you a lot of money. You might disregard the difference between a 10 percent and 20 percent interest rate, but the difference could be significant if you have balances for a long period of time. Major credit card companies like Visa, MasterCard,
Discover, and AMEX, have low interest versions of their credit card.
- Reward programs. Visa, MasterCard, Discover, or American Express and other major credit card companies have reward programs. Reward programs give you special privileges or services for being a credit card holder. Some of these programs include frequent flyer programs, where you are given one frequent flyer mile for each dollar spent. If you are quite a traveler, then a credit card with this program might be for you. Some offer cash-back options. Most common are discount offerings at retail stores or online chains.
- Annual fees. The annual fee is an important consideration, especially those who have a hard time paying off their balances monthly. If you think that the annual fee you have to pay to keep your card is way too high compared with the privileges you get from your card, it would be probably better to stop using the card.
- Member benefits. Credit cards promise various benefits. Some have travel protection as part of the benefits, while others offer roadside assistance. You have to consider your lifestyle in checking out a card's benefits.
Remember: On choosing credit cards, choose wisely. If you need to, discuss your specific financial needs with your financial advisor.
How Can A Merchant Cash Advance Help A Smart Business Owner
Merchant cash advances help business owner's open doors for better types of funding opportunities. The business cash advance industry is climbing at a continuous rate. This ever increasing growth is because traditional bank loans are not meeting the demands of small business owners.
Business cash advances are a unique funding method. It's a purchase of future credit card sales, not a loan, so we have to use specific language consistent with purchase of future credit card sales, like payback rate and discount rate instead of commonly used interest rate on bank loans. Merchant cash advances are a lot like factoring but are based on a sale that hasn't happened just yet.
A business cash advance lender gives business owners a sum of cash advance up front. In exchange, the business owner agrees to pay back the principal amount plus the fee, by giving the lender a daily percentage of their visa and master card sales until the payback is completed.
The daily payback percentage won't be higher than 10% of daily gross sales, the daily percentage is based on the monthly credit cards sales volume and the amount of cash advance required. The payback time-frame is structured for a 6-9 months term, but it's not fixed, and there won't be any penalties if it takes longer.
Business owners usually must switch the credit card processor because the advance is paid back automatically as a percentage of each batch's proceeds, but the rates will be the same if not better. Just a small number of merchant cash advance lenders don't require the merchant to change their credit card processors company. Most time this won't be a problem at all since the rates will be matched.
Business cash advances differ a lot from the traditional bank funding programs. In
essence a merchant cash advance lender purchases a small percentage of future Master Card and Visa sales, and the business owner pays back this as a daily percentage of such sales.
Obtaining cash from the bank can be difficult for most business owners, but particularly retail businesses, restaurants, store franchisees or seasonal businesses. These merchants mostly use credit card processing, making a merchant cash advance program a great funding opportunity for them.
What are some of the benefits?
The money is available much faster than it is with a bank loan. Unsecured merchant cash advances are specially a great option for retail and restaurant merchants, not only because these types of businesses can hardly be funded by the traditional bank, but also because of the immediate liquidity and simple process.
Many merchant cash advance lenders advertise that the money will be available in as fast as 10 days, and unlike a bank loan that have a fixed interest rate, as the amount due and due date are fixed each month, no matter if your sales drop. Instead, with a merchant cash advance the payback comes from future credit card receivables, not straining your business cash flow.
Fast merchant cash advance programs are cash flow friendly, during seasonally slow periods specially.
Traditional bank loans require a fixed set of payments every month, whether the business has made a sale or not. But if you choose a merchant cash advance, payments are calculated as a percentage of credit card sales, and if the sales are growing, the re-payment could be quicker, but if the business owner experiences some interruption or sales drop in the business, the payments will drop with it.
Another great advantage of a merchant cash advance, is that the business owner won't risk he's personal assets, because there's no collateral required.
Emergency Cash At Your Finger Tips
Emergency cash at your fingertips with only a few strokes of the computer keys. This really sounds simple but it comes with requirements. Emergency cash is easily obtainable with the only requirements being you have employment, a bank account and you are not presently in bankruptcy procedures.
Your credit rating is not necessary and even if you have been bankrupt in the past it does not count loans is still available. Cash advance financial organizations run a check of the Teletrack database an information sharing service used by other loan agencies to see if you do have payday potential and to make sure that you have not over extended your loan capacity.
The fear that many places have today is that an individual might borrow too much for one payday period to cover all the loans. When a person does borrow, money they should is responsible realizing that their payday becomes collateral used for repayment of the payday advance loan. That is why it is not advisable to borrow from more than one payday advance at a time. Even though we encounter emergencies that require more cash than what we have on hand and the need to borrow presents itself we still should realize that after the emergency our paycheck would be taken to pay back our loan.
Your financial health is very important just like your mental and physical health.
Emergencies arise from time to time that require a small loan, which is very
understandable, but watch that you do not find yourself constantly in debt to pay back on a payday loan. Many people find that when payday comes that they come short on their personal needs financially and will again borrow from a payday advance institution. When you borrow, you should only borrow what you know that you can pay back not beyond your means.
The financial institutions realize that certain circumstances prevent you from paying the whole amount or a partial amount that is why they provide you with an extension on your loan. The need for emergency cash comes at a surprise causing the borrower to ask for more than expected thus causing a problem when it is time to pay the cash advance back. Emergency cash needs become a serious problem that attacks our budgets without any mercy. This problem is understandable and the payday advance institutions try to help the borrower but communication is vital in order to stay in good standing with the place that provided you the cash loan.
The cash advance institution requires you to make a minimum payment towards your principal to ensure that you repay the loan within a reasonable period at no great cost to you. Most financial places require that you notify them a few days in advance in order to prevent them from taking the whole amount you owe from your bank account. The emergency cash you need easily found and as long as you follow the rules of the institution, that is lending you the money then you find their services available whenever you need money.
