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Online PayDay Loans How to Gain an Advantage over Lenders
By Joel Walsh

When you need money today, and not just a week from today, online payday loans can be a salvation. But for many people, these loans, also called payday advances or sometimes just cash advances, have become a nightmare. Here's the good and the bad of getting an online payday loan:

* Good: applying for a payday advance or other cash loan online rarely requires a credit check. There's also virtually no waiting to get cash, and no collateral, down payments, or paperwork headaches required.

* Bad: online payday loans' interest is close to or beyond outrageous, and the true cost is often hidden in the language of the agreement. Some payday loans have charged the equivale...
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In the News
Pay Day Loans Firm Wonga Sets Its Sights On Small Businesses
Controversial pay day loans company Wonga is targeting Britain's small business with the launch of a new service to give companies "an instant cash flow... Read More ...

Amigo Loans and the dangers of being a guarantor
A new loan company is offering loans without credit checks or fees. The catch? You need to persuade someone who owns their own home to guarantee it. Read More ...

Broke 20-Somethings Are Living Off Payday Loans, Check Cashing And Prepaid Debit Cards
Payday loans, check cashing and prepaid debit cards have found a new customer in the cash-strapped twentysomething. Read More ...

 

 

 
 
 

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