Looking for a short term loan in Richardson? We can help. At Lone Star Cash Services, we help people find the money that they need to handle their financial emergencies. Please take a moment to review your options and then, when you are ready, get your quote online for the quickest response. Use the short form below to get your offer.
Payday & Cash Advances In Richardson
These are the most common form of short term loans these days. Payday loans and cash advances are loans that are designed to be in low amounts and paid back quickly. Like the name says, most of these loans are paid back on the next payday. The great thing about these loans is that they are easy to get and net fund quickly. Even with bad credit, you can almost always qualify for one. The bad thing about them is that the fees can be high considering the short term of the loan. Still, if the fees are less than late charges or overdraft fees or this is the only source of money you have, it is a good option. To qualify, you will need a checking account, a job and a telephone. Simple right?
Why Payday Loans
There are so many advantages to a payday loan when you need emergency cash. The biggest is that it is quick to get. The quote form is super short and the decision making process is just as quick. Once approved, your lender will put the money directly into your bank account. This can happen as soon as the next business day.
In addition to the speed of these loans, there is another benefit. They are easy to qualify for, even with bad credit. The main requirements are a checking account and a source of income. With those two things, your odds of getting a loan are good.
The downside to payday loans is that the fees can be higher than normal loans. An example of a fee might be $15 for every $100 borrowed. So, borrow $300 and you will need to pay back $345 if that was your loan term. Not too bad but if you calculate it as an interest rate, it is sky high because of the short loan term. Around 400%.
That brings me to the other big drawback. Loan terms. These loans are usually meant to be paid back in just two weeks or less. That may nor may not give you enough time to get your finances back in order.
Frequently Asked Questions
- Why are the fees so high with payday loans?
Mainly it is because of the risk. Look at it from the lenders side for a moment. These are unsecured loans in Richardson with minimal credit checks that are issued quickly. Without the high fees, no lender would be crazy enough to get into this business. The fees might be high, but these loans fill a void for many, many people.
- How long does it take to apply?
When you apply online, it will take just a few minutes to apply and you will get your answer just as fast.
- Why do I need a checking account?
You need a checking account so that the lender can wire the money directly into your account and also pull the repayment money out directly at the end of the term.
- When will my money be available?
Most lenders will get your money to you on the next business day. If the next business day falls on a banking holiday you will need to wait until the following business day.
- Can I take out more than one payday loan at a time?
You could if you used different Richardson lenders but this would be a mistake. Take out too much money and you could find yourself trapped in a debt prison. Be careful and only take out one of these loans at a time.
If you are in need of a short term financial solution in Farmers Branch, TX, we are glad that you have come to us. Lone Star Cash Services can provide you access to the funds that you need to deal with life’s little emergencies. If you need to get approved as soon as possible, start the application process off right away by completing our quote form.
Cash Loans in Farmers Branch
If you are here, you probably already know what payday loans are but I will give you the overview anyway. Dallas payday loans are short term loans designed to be repaid by the borrower on their next payday. These loans are easy to qualify for and are for low dollar amounts compared to other loans. To qualify for one of these loans in Farmers Branch, you will need a checking account, a job and a social security number. A social security number is required but you can still qualify for one of these loans even if you have bad credit. Lenders are mainly only checking to see if you have defaulted on payday loans in the past.
Payday Loan Benefits
The biggest benefit to a payday loan is that it is quick to get. Fill out a simple form and get an offer. Accept the offer and the money will be in your account as soon as the next day. It is an easy way to solve emergency money problems. Another selling point for this type of loan is that it is simple to qualify for. Lenders are not as strict with credit qualifications and even if you have a poor credit score, you can get approved.
Payday Loan Drawbacks
The biggest drawback is that the loan comes with some high fees. An example of a fee might be $15 on every $100 borrowed. This results in a high interest rate but often the fees are worth it when the alternative to not having the money is more costly. Also, loan terms are short with the loans being due on the next payday. Because of this, most loans in Farmers Branch are for less than two weeks.
The Loan Process
The first thing that you need to do is fill out the quote form at the top of the page. It will ask for basic information like your name, address, employment info and your checking information. Your lender will use that information to deposit money into your account. If approved, you will receive a loan offer. If you like the offer, you can agree to the loan and it will be deposited right into your account as soon as the next business day. Use the money to handle your emergency and repay it on your next payday.
Frequently Asked Questions
- How soon can I get my money from a payday loan?
In most cases, you will have it on the next business day. The money will be deposited directly into your account and will be available to you right away. Bank holidays and the weekend may delay your deposit.
- Do I need to have a checking account?
Yes, this is how the lender sends you the money and it is how they get reimbursed.
- Can I qualify for a payday loan with bad credit?
Absolutely, this is alternative financing that is available to just about everybody. As long as you can show your address in Farmers Branch and have a source of income, you will be in a good position to get approved.
- Can I take out more than one cash advance?
No, you should only take out one cash advance at a time. This will help ensure that you can pay the loan back on time.
- What is the interest rate on my loan?
These loans have fees more often than interest rates. You might be charged, for example, $20 per $100 that you borrow. If you calculate the effective APR from these fees, the rate will be high, usually over 400% APR. These are high risk loans and the borrower should be careful when taking one out. Borrow only what you need and make sure that you will be able to pay it off at the end of the term without refinancing.
At Lone Star Cash Services, we know that bad things happen. When they do, we are not always prepared for them. It is at times like these when you need access to fast money. If credit is a bit of an issue, you might think that your only option is to visit a local pawn shop in McKinney but wait. Before you sell your precious property, look into short term loans.
Cash Advances in McKinney
These are sometimes also referred to as payday loans. They are short term loans designed to get you through an emergency. They provide fast cash with little credit requirements. In most cases, you simply need a job and a checking account to get approved. The best part about these loans is that they fund quickly. You can get your money as soon as the next business day, especially when you apply online. The bad part about these loans is that they have high interest rates. They are, of course, because of their very nature high risk loans. This means that lenders charge high interest rates. Be careful to only take out one of these loans as a last resort and borrow only what you need.
Why Choose Payday Loans?
Payday loans are a powerful tool for those who can not get traditional financing. For many people, they are the only source of emergency loans. This is because payday lenders are far more lax when it comes to credit requirements. Often, all that you need is a source of income and a checking account. Even if your actual credit score is low, you can get approved. Lenders just mainly want to know that you have the ability to pay the money back and that you have never defaulted on one of these loans before. They know that if you had perfect credit, you would probably be putting the emergency expense on your platinum card.
With all the good about payday loans in McKinney, there are also some negatives. The main one is the high effective interest rate. An example of a loan fee might be $15 fore very $100 that you borrow. So, you borrow $200 and pay back $230. Not that bad but if you express this as an interest rate, you get a rate of around 400% on a short two week loan. When you look at it that way, the rate is high. Another negative is the short term. Loans are to be paid back on your next payday. This can give you little time to get caught up which is why many people end up extending their original loan. Be careful.
Why Choose Installment Loans?
An installment loan will give you more time to get your finances in order than a payday loan would. Instead of paying the loan back in one lump sum, you can split the payments over time. This gives you more time to budget for the sudden expense.
You might like an installment loan in McKinney if you need more time to pay back the loan, have a little better credit and/or you need more than $1000.
Just because you get more time to pay the loan off does not necessarily mean that it is the best choice however. Be sure to look at the total cost of your McKinney loan before you agree to is. Your lender should provide you with this information so look at the total cost of the loan. If the cost of the loan is not worth it and you would be better off financially without the money, you should turn it down.
- Why are the fees high on Cash Advances?
These are high risk loans so lenders tend to charge more money to make up for the risk. Always review the fine print of a loan before you commit to it.
- How long will it take to get approved?
If you apply online, you can get approved in a matter of minutes.
- When will I get my money?
If the next day is a business day, you may be able to get your money as soon as the next day. If you apply on a Friday, you may be able to get your money as early as Monday.
- Do I need to have perfect credit?
No, you can get approved even with what other realtors would call bad credit. Do not prejudge your ability to get approved.
- Can I use a savings account?
No, your lender will require that you use a checking account.
When an emergency happens, sometimes your finances are not ready to deal with it. If you are in this situation, you may be considering a payday loan or cash advance in Carrollton. These short term loans can get you the money that you need to get through your emergency and get on with your life. Before you begin, you should take a minute and familiarize yourself with the different loan types available to you. When you are finished or if you are already familiar, fill out our short loan quote form.
Carrollton Area Payday Loans
A payday loan is a short term loan designed to, as the name implies, get you by until your next payday. They are typically low dollar loans of around $500 or less and should be paid back within two weeks. The great thing about thee loans is that they are easy to qualify for and they fund quickly. The downside is that they have high fees based on the amount that you borrow. There is normally a set fee per $100, for example, $20 per $100. The fees can add up quickly so you should take them into consideration before you commit to a loan. If you have no other source of financing or if the fees are less than other charges you would face, they may be a good option for you.
To qualify for a payday loan, you will need just a few things. You will need a checking account, a job, a good phone number and a social security number. Credit is normally not a problem and these loans are available to those with poor or bad credit.
The Good & Bed on Payday Loans
There are both good and bad things about cash advances. For the good, they are easy to qualify for and they fund very quickly. This means that just about anyone can get a loan and have the money in their account as soon as the next business day. This is what makes payday loans so important. They are often the only type of credit available to people.
On the bad side of the equation, you have the high loan fees. Fees are high because these are high interest loans for lenders. They are being asked to lend money with little or no credit checks and to do it quickly. For this reason, they charge a high fee. Fees will vary based on the lender you get in Carrollton but an example might be $15 for every $100 borrowed. Doesn’t sound that bad but if you factor it as an interest rate, it would be around 400% on a two week loan.
Carrollton Area Installment Loans
An installment loan is a higher dollar loan that is paid back over a longer time period. Most of these loans will be for dollar amounts greater than $1000. They will have payments required either monthly or biweekly. The good thing about these loans is that they give you more time to pay them off. The negative is that they are harder to qualify for.
To qualify for an installment loan in Carrollton. you will need all of the same things as you would for a cash advance payday loan. You will also need to have better credit since the lender will be risking more money.
The Good & Bad On Installment Loans
Just like with payday loans, there are negatives and positives about installment loans in Carrollton. As far as the positives go, you can get more money and have longer to pay it off. This can help you with a very important thing, time. Time is very valuable if you are trying to get your finances back in order.
On the bad side of things, installment loans will generally be a bit harder to qualify for. You will need better credit and the qualification process may take a bit longer.
So, if you need $1000 or less and you need it in a hurry, you may be best checking out your payday loan options. If you need more than $1000 and have better credit, an installment loan might be a good choice.
Commonly Loan Questions
- My credit is not good, is that an issue?
No, if you are looking for a cash advance, it should not be a problem as long as you have not defaulted on a payday loan in the past.
- How long will it take to get money deposited?
Most of the time, funds will be deposited into your account on the next business day.
- Why do I need a checking account?
Your lender will deposit your funds directly into your account and will withdraw the repayment from it as well.
- Do you issue the loans?
When you apply online, you will be working with our trusted online partner. It allows you to receive your money in the shortest amount of time.
- What happens if I can not pay back the loan on time?
Contact your lender as soon as you know this and before the automatic payment date. You may be able to extend your Carrollton loan but be aware that fees may apply.
Lone Star Cash Services puts consumers in touch with the money that they need to pay for the unexpected. If you find yourself in need of some emergency cash in Garland, take a minute to fill out our short loan quote form. It takes just a minute to get a no obligation quote, so why not get started.
Quick Garland Loans
Also known as Payday Loans, these Dallas area loans are just what the two names imply. They are short term cash loans designed to be paid back on your next payday. These loans are usually for low amounts of less than $1000. Have an emergency auto repair that needs to be made or need to get to the dentist right away, this might be the loan for you. To qualify, all that you will need is a job, checking account, phone number and a valid social security number. You will also need to be at least 18 years old. Do keep in mind that these loans have fees, not interest. If you were to calculate the interest rate out with the fees and the short loan time, the rate is very high. If you decide to take out one of these loans, take out just what you need and no more.
You Have Choices
Before you commit to your loan, you might want to look at your alternatives. So, get your quote and then compare it to other options such as:
Borrowing From Family
What bears a no interest loan? Pretty much nothing but this might not be an available option to you. If it is, a free family loan can give you the money that you need and more time to pay it off and get paid back.
Need more money and more time to pay it off? Then an installment loan is what you are looking for. These loans will be greater than $1000 in most cases and can be paid out over a longer time period. To get approved, you will need all of the above requirements and a fair to good credit rating.
A penny saved is a penny earned. Try cutting bills and expenses to make up for your money shortcomings. Get payments delayed or deferred when possible. Just call your creditors, you might be surprised at your options. Also, put suspendible services on hold. Cable bills, internet services and gym memberships come to mind.
- Why are the fees so high on Payday Loans?
Put yourself in the lenders shoes. They are basically providing someone who can not meet their current financial needs an unsecured loan. They need to charge higher fees to be profitable. No high fees, no payday loan providers. Do take into account the fees when considering this type of loan. If the fees are less than what you would have to pay in late fees or overdraft charges, it might make sense to you.
- My loan is coming due in a few days and I can not pay it back. What can I do?
Contact your lender right away and ask about extending your loan or refinancing it. There may be fees attached, so keep that in mind.
- I have been turned down for credit cards recently, can I get approved?
The credit requirements for these types of loans is much less. Even with bad credit, you may get approved.
- After I get approved, how long until I get my money?
Loans are almost always funded on the next business day. They will be deposited directly into your Garland bank’s checking account.
- What happens if I apply on a weekend?
You will get paid on the first business day so loans will fund on the following Monday in most cases. Bank holidays can also delay funding.
Thanks for visiting Lone Star Cash Services. We put Rockwall consumers in touch with the money that they need to deal with the unexpected. Take a minute to fill out the short quote form below and get an offer from a lender on our loan network. It takes just seconds to get your answer and there is no obligation.
Payday Loans For Rockwall
Also called Cash Advances, these are designed to be short term loans to get you through until your next payday, thus the name. You apply for the loan and then money will be deposited directly into your bank account, generally on the next business day. You can use this money to pay for a surprise auto repair, to pay the dentist or just to make sure that rent is on time. Lenders will charge you a set fee based on the amount of money that you borrow. The APR is high for these loans because of the short term but the fees are often lower than bank overdraft or late fees that you would otherwise be charged. To qualify, you will need a verifiable income, a checking account, social security number and you need to be a legal adult.
Is A Loan Right For You?
This is a question that you must ask yourself. You need to calculate the loan fees that you would be charged and then compare them to the cost of not getting the loan. If you would pay more in late fees and charges than the loan would cost you then the loan is a good idea. Also, if you risk losing your job, your home or harming your health without the loan, a loan might be a good idea.
Before taking out a loan, you should also review your alternatives.
If you need to borrow more money and your credit is a bit better, you may qualify for an installment loan. These loans are usually in excess of $1000 and will have longer payback terms. To qualify, you will need to have all of the above requirements and possible a bit better credit.
You might have some free loan options available to you. Consider contacting friends and family and see if they can give you a free loan. In addition, your employer might be able to give you a paycheck advance on money that you have already earned.
- What are the fees that are going to be charged?
Fees depend on the lender and the amount that you borrow. They will be disclosed to you before you commit to the loan. If in doubt about the actual fees, ask for clarification before you sign anything.
- Can I get an extension if I need more time to pay?
Yes, most lenders are willing to extend the terms of your loan. Keep in mind that this may require additional fees. Try to avoid needing an extension by taking out only what you need.
- My credit is less than perfect, is this going to be okay?
Cash advances are meant to help those who can not qualify for other types of funding. If you have poor or even bad credit, you will probably still qualify as long as you meet the rest of the requirements.
- What is the approval process like? I need my money now.
The approval process is very fast. You will almost always know the decision within minutes of completing your application. Funding is also fast with most lenders depositing to your checking account on the next business day.
- Tomorrow is a holiday, can I still get my money?
If it is a bank holiday, you will not receive your money until the first business day after the holiday. So, if you apply on a Friday and Monday is a holiday, your loan will not be funded until Tuesday.
If the unexpected has happened, you are probably in need of some quick cash. Lone Star Cash Services is here to put you into contact with the money that you need to deal with your situation. Ready to see what you can get? Fill out the short form below and get a free, no obligation quote. It takes just a minute to get your offer. Get started now.
Cash Advances in Rowlett, TX
Most lenders refer to these as Payday Loans and like the name implies, these are designed to be short term loans that are repaid on the next payday. Most of these loans are under $1000 and instead of an official interest rate, they carry a set fee per dollar amount borrowed. This combined with the short loan term makes the effective APR quite high for this loan type. Still, these fees can be less than bank overdraft and late charges so take that into consideration. To qualify, you just need a few simple things. You will need a job, checking account, phone, and a social security number. The easy qualifications make these loans very appealing to those in Rowlett with less than perfect credit.
Installment Loans In Rowlett
If you need more money and would like to pay it out over a longer time period, what you need is an installment loan. With a higher loan limit and monthly or biweekly payments, this loan many work for you if you have a larger emergency. You will need all of the same things to qualify as a payday loan but you might need a bit better credit.
- What kind of fees are their going to be with a cash advance?
The exact amount will depend on the amount that you borrow and your lender. All fees should be disclosed prior to your commitment. If you are at all unsure of the exact loan fee, do not sign anything until you are made aware.
- Something else has come up, can I get a loan extension?
Most lenders allow this but most will charge a fee. In general, you will need to pay the outstanding fee and then refinance the original balance. Be careful, this is an easy way to get into a loan trap. If you can, try to at least pay off some of the principal.
- I have been rejected by local Rowlett banks and credit companies in the past. Can I get approved?
These types of loans are the easiest to qualify for. This means that even those with bad credit will typically get approved.
- When and how will the money be deposited?
Expect your money to go into your account on the next business day. It will be deposited straight into your checking account. The payoff will likewise be deducted straight from your account.
- The bank is closed on Monday, will I still get my cash?
No, you will get your money on the next business day following a bank holiday.
- Can I take out more than one payday loan?
No, you can and only should take out one loan at a time. Taking out more will make you much less likely to be able to repay them.
At Lone Star Cash Services, we help put people in Royse City, Texas in connection with the money that they need to deal with life’s little emergencies. If you find yourself in need of a short term loan, we can help. Just fill out the short quote form and get a no obligation offer from one of our lenders. Ready to get started?
Cash Advance in Royse City
Commonly referred to as payday loans, these are the loans that most people think about when they need a small amount of money to get them by until their next payday. The great thing about these loans is that they are easy to qualify for, they fund fast and are convenient. The negative to these types of loans are that they have relatively high fees when compared to other loan types. Before taking one of these loans, you should consider whether the fees are less than what you would pay for overdraft charges or late fees with your creditors. To qualify for these loans you will need a checking account, a job, a working phone and a social security number. You must also be over the age of 18.
Is A Payday Loan Right For You?
This is the question that you must ask yourself. To answer it, you need to look at the costs of the loan versus the cost of not having the loan. If you would pay late charges without the money, compare them to the fees charged by the loan. If you can do without something, the loan might also not be worth it.
You should also look into your alternatives such as installment loans or borrowing from friends and family.
Royse City Installment Loans
Do you need more than $1,000? If so, you should consider an installment loan. These loans are typically for greater dollar amounts and will also have longer payback periods. You may be required to make monthly or possibly biweekly payments. To qualify for these loans you will need the same requirements as cash advances but you may require a slightly higher credit rating.
Borrowing From Friends
Nobody likes to mix friends and money but it might make sense in your case. If this is an option to you, it can get you a no interest and probably longer term loan that can get you going in the right direction.
Frequently Asked Questions
- How long will I have to pay back my loan?
These loans are designed to get you buy until the next pay period, so expect to have to pay back the loan within 14 days.
- How much can I take out on a payday loan?
This depends based on your lender and your personal situation but most payday loans are between $100 and $1,000. Take out as little as possible to make sure that you are able to repay it on time.
- Are these loans hard to qualify for?
No, in fact these are some of the easiest loans to get in Royse City, TX. Even if you have poor to bad credit, you may be able to qualify for a payday loan.
- When will I get my money?
Lenders will deposit your money directly into your checking account the next business day. If the next business day happens to fall on a federal bank holiday, it may be delayed an additional day.
- Do I have to have a checking account?
Yes lenders do require that you have a checking account. They deposit the funds directly into your account and they withdraw you’re payment from it as well.
- Can I take out more than one loan?
No, you cannot take out more than one payday loan at a time. This would be a bad idea anyway because you would quickly find yourself in trouble, not being able to pay back the loans.
Welcome to the Lone Star Cash Services website. We are here to help Mesquite, TX residents get the money that they need to deal with unexpected emergencies or expenses. Have an emergency dentist bill, did your paycheck come up a little short and you need to pay rent? We can help. Use our short quote form below to get a no obligation from a lender in our vast loan network. It is the quickest way to get the money solution that you need. Get started now.
Mesquite Area Cash Loans
These types of Dallas cash loans are often referred to as payday loans. They got this name because they are designed to literally get you by until your next payday. These are short term loans, typically with payback terms of under 14 days. Instead of interest, these loans usually charge a set fee per hundred dollars borrowed. Because of the set fees and of the short term, these loans have a rather high effective APR. Borrowers should be aware of the high fees and you should weigh them against the late charges or overdraft fees that you would otherwise face. If the expense is less or if you have no other source of funding, this might be a loan type that you should consider. To qualify for these loans you simply need a verifiable job, a checking account, a working phone and a social security number. That is it, even with bad credit or poor credit you should be able to qualify for one of these loans.
Loan Alternatives in Mesquite
If you have friends or family with a little money to spare, you might be able to get a free loan from them. This is a great alternative if available because it will allow you to avoid fees and possibly get longer to pay back the loan. The only downside is that you would have to reveal the state of your finances to the people you are close to. Never easy.
When you require more than $1,000, and you need longer to pay off the loan, you need to look at an installment loan. These types of loans are for larger dollar amounts and are paid over a longer period of time. They typically have monthly and sometimes bi-weekly payments required. To qualify for an installment loan, you will need all of the same things as a cash advance and your lender may run a stricter credit check on you.
If you do not want to borrow money, your next choice is to cut back on fees. Talk to some of your creditors and see if you can make interest only payments or perhaps defer payments. Cancel non essential things like satellite television or cable. Put gym memberships and cell phone accounts on hold. Whatever it takes to save a buck.
- Do I need a checking account?
Yes, lenders serving Mesquite require that you have a checking account. They deposit money directly into your account and withdrawal money directly from your account. This also forms as a sort of guarantee for the lender to assure them that they will get their money back.
- How quickly can I get money?
Most loans will find on the next business day. Banking holidays can however delay the funding.
- I already have a payday loan, can I take out another?
You should not take out more than one payday loan out of time. This can easily cause you to be unable to pay back any of your loans and can cause you some major financial trouble. Pay off one loan before you take out another.
- Why are the interest rates so high on payday loans?
This is because when you factor the APR, high fees coupled with the short loan term make for a high effective APR. These are high risk loans though And if the fees were not so high, there would probably not be many lenders willing to issue them. You should always take into account the fees and decide whether it is truly worth it before you proceed with a payday or cash advance loan.
If you are in Grand Prairie and are facing an emergency expense, you may be in luck. Lone Star Cash Services is here to give you an option that could put several hundred dollars in your bank account quickly. That option is a cash advance loan. These are loans designed to be easy to qualify for and to fund quickly. If you are already familiar with these loans, why not go ahead and get started with the short form below.
Emergency Cash In Grand Prairie
If you need money in a hurry, a cash advance might be just the ticket. So what exactly is a cash advance? Well, it is a loan that is designed to get you by until your next paycheck. This is why they are commonly called payday loans. They have a number of good points as well as a few negative ones.
First, the good. These loans are very easy to qualify for, making cash accessible for those who would not qualify for conventional funding. Second, they fund quickly with money often being deposited on the very next business day. Lastly, they are quick to apply for with no heavy paperwork requirements. You can get approved in just a matter of minutes.
Now, for the bad points. First, these loans are limited to a few hundred dollars with amounts rarely exceeding $1000. If you need a large loan, these are not for you. Second, these loans have high fees. When expressed as interest rates, they are in the hundreds. This means that you should only use these loans as a last resort. They can be great tools for an emergency, but they are not for everyone. Before committing, look at all of your other options.
Alternatives To Payday Loans
You may have other choices besides a payday loan in Grand Prairie. Before you commit to a loan, you might consider one of the options below. Get your loan quote and then compare the fees to the below options. Then you can choose the option that works best for you.
Credit Card Advances
If you have money available on your credit card, you can get an advance on it. Just take the card to an ATM or a bank to get cash. Keep in mind that you will pay the highest interest on cash withdrawals and your credit card company may charge additional fees.
Sell Your Junk
Chances are good that you have some junk lying around that you just do not need. One persons junk is another persons treasure. Sell your used stuff on local marketplaces or on eBay and put some money in your pocket. The only downside to this is that you may have to wait a few days or even a week to get your money so this is not the fastest route.
Ask Your Family
Your family may be able to help you with a few hundred dollars. Even if they can not give you the full amount, every dollar you borrow from family is a dollar you will not pay fees on.
- Why are the fees so much higher than other loans?
Mainly because of risk and reward. The risk is higher so lenders demand a higher reward. Without the high fees, lenders could not supply Grand Prairie with these loans because they could not absorb the risk.
- When can I get money?
Most people will have money deposited within one business day but it may take longer. Holidays and weekends might delay the processing of your loan.
- What if I can not pay back my loan on time?
Contact your lender and ask for an extension. Keep in mind that there will be fees, based on the outstanding principle. Pay off any amount that you can to lower fees. If you think that you will be unable to pay back your loan, contact your lender just as soon as possible.
- Must I have a checking account?
Yes, a savings account will not do. You will need a checking account to qualify.Your lender will deposit your loan directly into your account and will take out the repayment automatically on the due date.
- What if I am out of work?
You must be able to show your lender that you have a source of income. This does not have to be a job, it could be retirement benefits, alimony, structured settlements, etc.