WHY CHOOSE ICASHLOANS ? : When you need cash quickly you want to work with a service that is reliable and experienced in the payday loan industry - iCashLoans is both. We pride ourselves on connecting our customers with the best payday lenders to meet their needs. Why waste time visiting dozens of websites trying to figure out which lender will serve you best? iCashLoans is the only site that you need to visit when you’re looking for a fast, secure payday loan.

Cash Loans: "We Search 100+ Lenders Money in Your Account Next Day"

About Us:

Our services are designed to help you find a reputable payday lender to work with. iCashLoans has a large number of lenders in our network, and we are confident that we can assist you in obtaining the best payday loan to meet your needs. Everyone hits a rough patch financially at some point, and payday loans are a great solution for short-term cash flow problems. You don’t have to worry about how you are going to pay an unexpected bill, or cover an emergency expense, between pay checks - iCashLoans is your source for finding payday loans. Using iCashLoans is 100% free to you - we do not charge any fees for our services. When you use iCashLoans you will save time and money. All you have to do is provide us with basic information and we will instantly search our network of lenders to find you the loan that meets your needs. At iCashLoans we pride ourselves on working with lenders that are fair and honest in their lending practices. Our main goal is to provide you with a great experience when searching for a payday lender. All lenders in our network are required by law to follow all of the rules and regulations related to payday lending. Don’t drive around town to visit payday loan shops, and forget about looking at website after website trying to find a loan with fair terms. iCashLoans is the only place you need to go to find a payday loan. We will search our vast netowrk of lenders instantaneously to find you the loan that you are looking for.

Some lenders in our network may automatically roll over your existing loan for another two weeks if you don't pay back the loan on time. Fees for renewing the loan range from lender to lender. Most of the time these fees equal the fees you paid to get the initial payday loan. We ask lenders in our network to follow legal and ethical collection practices set by industry associations and government agencies. Non-payment of a payday loan might negatively effect your credit history.

Friday, September 27, 2013

Things That You Should Not Do, If You Decide to Take Out a Payday Loan

Things That You Should Not Do, If You Decide to Take Out a Payday Loan
We all experience times when we run out of cash before our next payday. Unfortunately it is a situation that happens all too often for most of us these days. It is getting harder to make ends meet for the majority of us. Only a few lucky people are earning enough to be able to live comfortably and save as well.

Yes, we should all try to live within our means but on occasion, borrowing money is a helpful way to give us the cash boost we urgently need. While most people borrow payday loans and then pay them off quickly upon their next pay day, there are some people who get themselves into difficulties after borrowing money, and they find it even harder to manage with what they earn.

Here are a few tips on what not to do, if you decide to take out a short term cash advance.

As you know, payday loans are designed to be short term solutions for emergencies. Borrowers who use this type of credit to deal with larger, longer term debt problems can easily find themselves struggling to repay their loans or to meet their commitments.

Don't take out a payday loan if you think you may be short of cash and are unsure if you can afford to repay it in full on the set date. Short term loans can become costly if you default on them.

Be careful to only borrow what you know you can pay back. Some lenders do offer roll-overs where you can defer a repayment for another period of time. This is only an option you should consider in extreme circumstances as you are liable to incur additional fees and you will keep accruing interest on your loan. Roll-overs are only last resorts however, and most good lenders will do all they can to help you, whilst also advising you to repay your loan as soon as possible.

As a trusted and fair lender, most lenders only permit roll-overs three times, and they always suggest that this option only be used in extreme cases. If you have a payday loan and think you will be struggling to repay it, the best thing to do is contact your lender immediately so you can discuss your options.

Good lenders are not there to make your life difficult and they will do all they can to help you. However, in reality, the goal for you should always be to pay the loan off as quickly as you can.

Before you commit to borrowing money from a lender or signing any credit agreement you should think carefully about whether you really need the loan. In addition it is always best to work out exactly how much money you will need to meet your commitments during the following month. Then look at what cash you have to spare. This is the amount you will need to use to pay back your loan.

If this amount is more than your loan, then you should be fine, however, if your loan is significantly more, be extremely cautious. While a cash advance may help you out in the short term, it may make things difficult for you further down the line.

Short term payday loans are still increasing in popularity. Thousands of people apply and receive cash advances every day. While there are some people who struggle with this type of credit, most people understand the process and use these loans as they are intended; to access cash, quickly, in an emergency and to pay it back quickly.

If you are considering a payday loan, our advice is to speak to people who have successfully used this type of credit before. There are many forums and blogs online where people have left comments on their experiences. It is also worth asking friends or family, you'll be surprised just how many people have used this type of credit, and who would do so again in an emergency.


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