If you are in need of emergency funding in Sachse, you have come to the right place. At Lone Star Cash Services, we provide consumers access to the funds that they need to get through their financial emergency. Before you begin please take a moment and review the available loan types. When you are done or if you are already familiar, please continue to your online quote.
Getting A Cash Loan In Sachse
You might know these better as Payday Loans, but the term Cash Advance just sounds better. These loans are designed to get a consumer by until their next paycheck. Because of that, they are typically short term, low dollar loans. The great thing about these loans is that they are quick and easy to get. The downside is that they come with some high fees. Still, if these fees are less than overdraft charges, than late fees or if they are the only option, the are worth it. So, how do you qualify? You will need just a few things. Have a checking account, social security number, a phone and job. That is about it. Even with bad credit, you should be able to qualify.
Sachse Loan Choices
You may have other choices than a payday loan in Sachse. Here are some possibilities for your consideration. Be sure to investigate all of your other options before committing to a payday loan with its fees and/or interest.
Sometimes it is best to do without instead of taking out a loan. If you are thinking of borrowing money to pay for a non necessity, think again. Loan fees are high and anytime you can avoid them, you should.
Of course, if you are about to get evicted, need to pay for auto repairs or just have no money for food, a loan might be the best choice.
If you have at fair to good credit and you need a bit more money, you can look into an installment loan. These loans are typically for amounts higher than $1000 and can be paid out over longer time periods. You will need all of the same things that you need for a Cash Advance plus a bit more credit.
Installment loans will give you more time to get finances in order but they can also be harder to qualify for and they may not fund as quickly so take this into consideration.
Pawn Shop Loans
If you have something of value, you can consider a pawn loan. Pawn loans have high fees though just like a cash advance so they may not save you money. It might be wise to compare the rates though.
Common Loan Questions
I heard that I should not get a payday loan because of the fees. Is this true?
If you have another lending option, by all means, you should use it. If you have no other source of money though and the fees are less than the late fees or overdraft charges that you might otherwise face, they may be a good option for you. It is a good thing that you are going into the process aware of the fees though.
So what happens if I can not pay the loan back?
You will need to contact your lender as soon as you know that you will be unable to pay. They may be able to offer you a courtesy extension or may allow you to refinance the loans. You may face additional fees, so be sure to ask about them.
I have been unable to qualify for a credit card, can I get a Payday Loan?
Credit requirements for these types of loans is far more lax. You should still be able;e to qualify if you have a job, a checking account, a phone and a social security card.
Do I need a checking account?
Yes, this is how lenders deposit the money into your account. This is also how they get their money back.
How soon can I get my cash?
In most cases, you will get it on the next business day. Holidays may delay the deposit though.
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- Staff Summary
This article is for those in Sachse who might find themselves in need of a loan. They can see their options and alternatives as far as money is concerned.