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

Your Options When It Comes to a Payday Loans Default

Your Options When It Comes to a Payday Loans Default
Before you consider taking out a cash advance loan you should always assess your ability to settle this loan by the due date. While there are some companies that may be willing to offer you an extension on your cash advance or even negotiate a payment plan, many lenders will penalize you severely for a payday loans default.

There are several consequences that you may possibly face if you experience a payday loans default but the majority of these will generally involve large penalty fees. In most cases a borrowers assets are protected when it comes to a payday loans default which means that lenders are not able to recover the debt through the repossession of assets, but companies are able to take civil action through the courts. In these cases courts will generally award the lender the right to take a percentage of the borrowers income until the debt is cleared.

In most cases the amount a person borrows through a payday loan is relatively small and lenders are generally reluctant to go through the lengthy and expensive task of recovering these debts through the legal system. But, you need to be aware that a payday loans default can attract such high penalty charges that you may be left with such a huge debt that it could take you years to repay.

If, for any reason, you do not think you will be able to repay you cash advance by the due date then you will need to look into your options before you experience a payday loans default. There are a few different actions that you can take if you think you will not be able to repay your cash loan on time. If you feel that you are headed for a payday loans default you should ensure that you contact your lender first to establish whether they can provide you with an extension or set up a payment plan where you can make repayments in installments. An extension to your cash advance loan can be expensive so will need to ensure that you are aware of all the charges that may be applied before you consider this option.

You should be aware that in some states it is not possible to receive a cash advance extension and so in these situations you will need to look into other options that may be available in order to avoid a payday loans default. In these instances you may want to consider a payday loan debt consolidation service or look at re-financing you loan through a personal loan or other lender. If this is an option that you wish to consider it is important that you begin proceedings on these applications before your repayment deadline in order to reduce the risk of a payday loans default. You may also wish to consider re-financing as an alternative to an extension, even where this is possible, as it may be a cheaper alternative.

A payday loans default can be extremely expensive and can leave you with a crippling long term debt that could take you years to recover from. The cheapest way that you can get out of a bad cash advance loan is to re-finance if possible. There are many lenders who will take over cash advance loans and finding one that you can re-finance with before your loan repayment is due will help you avoid the costly consequences that may come from defaulting on your cash loan.


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