You may budget your money carefully, but even so, there will be times when you are hit with a bill from out of the blue and cannot pay it until you receive your next paycheck. If this bill requires prompt payment, you will have a financial situation on your hands. Borrowing money from family and friends is not always a wise decision, and it can be embarrassing as well. Where do you obtain a loan? You do not want to pay exorbitant fees and interest, as that will not help your financial situation. You might want to consider looking for a one hour payday advance through a lender who offers reasonable rates.
A payday advance is cash that is provided to you through a lender that will take care of emergency expenses and will be paid back on your next payday. There are fees and interest to consider, but different services will offer different rates. You want to find the cash advance company that can provide you quick cash at rates that you can afford.
If you obtain your one hour payday advance through a store, there are a few facts you will want to know.
- To obtain a loan in this way, you will write a check to the lender that will include the amount of the loan and any applicable fees and interest. On the date that the loan is due to be repaid, your previously written check will be deposited. You will need to ensure that you will have the funds available to pay back all of the expenses of the loan.
- To be eligible for this type of loan, you must be 18 at least, have proper identification, have a valid and active bank account, and have a steady source of income.
- Loans may range in amount from $50 to $1,000, and loan periods may range from ten to thirty-one days, with two weeks being the length of time that is requested most frequently.
- Even if you have bad credit, you can still obtain a loan.
Many individuals who need quick cash like the convenience of obtaining it through an online lender. If you have access to a computer, this may be the way you will want to acquire your emergency funds, especially if you have a tight schedule. Listed below are a few facts about online lenders.
- If you obtain a one hour payday advance through an online lender, you will receive your money through an electronic fund transfer directly into your checking account.
- Repayment of your loan will also occur electronically. The amount of the loan, along with fees and interest, will be automatically withdrawn from your account on the due date. It is up to you to make certain that you will have adequate funds in which to pay back the loan.
- Filling out an application online is a short process that takes only minutes. You can get immediate approval and have your cash in a very short amount of time.
- There are no worries concerning the safety of sending your personal information over the Internet. Online lenders protect all sensitive data by using encryption methods to ensure that no one will see your information other than those who are meant to review it.
- Many online lenders require no faxing of documentation, allowing you to get your one hour payday advance quickly and very conveniently.
Choose your lender wisely, and you will have the money you need for those sudden frustrating expenses.