If you are in need of some fast cash in the Duncanville area you are in luck. Lone Star Cash Services is here to get you access to the cash advances that you need to get emergency bills paid. We even give you the ability to apply for a loan in the privacy of your home, online. So, if you are already familiar with payday loans and all of their ins and outs , why not click here to apply online. By applying online, you can get approved the fastest and get your money headed in your direction. If you need to know more about these loans, please keep on reading to learn all the basics that you need to know.
What Are Payday Loans?
Just as the name applies, payday loans are loans that are intended to be paid back on your next payday. They are typically due in just ten to fourteen days from inception and are also usually in small amounts up to $1000.
Why Payday Loans?
Payday loans have a number of advantages over traditional lending. For starters, they are easy to qualify for. In most cases, an applicant needs only a job and a checking account. Good credit scores are not required. In addition, these loans do not take extensive paperwork. Complete a short form and you can get your approval. Finally, these loans fund very quickly which is important in an emergency. Most loans will fund on the next business day.
In addition to the advantages, one must also consider the disadvantages of payday loans. The short term can be a negative because it does not give you a lot of time to get your finances in order. In addition, because these loans are high risk, they come with high fees. You should always thoroughly review your loan docs before committing to a payday loan so that you know about all of the fees involved.
Common Duncanville Loan Questions
- Do I need to go somewhere to apply?
No, you can simply apply for a loan online. This is the easiest and fastest way to get your money.
- Can I qualify with bad credit?
Yes, even with bad credit, you can typically qualify for a payday loan. You just need a job and a checking account.
- Why do I need a checking account?
Your lender will deposit your money directly into your checking account and they will withdraw the repayment from the same account on the due date.
- What happens if I can not repay my loan?
You can often extend the term of your loan although fees may apply.
- Can I get my money on the weekend?
No, your lender can only deposit on bank business days.