LATEST CASH ADVANCE NEWS
Monday, February 25, 2008
PAYDAY LOANS FAST BECOMING A MIDDLE-CLASS FINANCIAL TOOL
A story in the Norfolk Virginian-Pilot described how payday loans have become popular with a surprising new group: middle-class suburbanites. Payday loans have traditionally been seen as a crutch for low-income consumers, and lenders perceived as predators taking advantage of their needy situation. In fact, payday lenders are now targeting "good, hard-working, middle-class people" with median incomes of $30,000 or more.
One local resident, a pipefitter, routinely paid off one loan before taking out another to cover bills. In this manner he was able to avoid the high interest costs associated with borrowers who failed to meet their repayment obligations on time. It appears payday lending to the middle class is a trend that's here to stay.
Monday, February 25, 2008
Thursday, February 21, 2008
A CASH ADVANCE SUCCESS STORY
A CASH ADVANCE SUCCESS STORY
THE CASH ADVANCE: A SURVIVAL GUIDE TO TODAY’S TOUGH ECONOMY
Lisa B. is a young woman living the dream: a nice apartment and two beautiful children. Thrifty and hard-working, she’d never had financial problems, even on a teacher’s salary. But lately, rising rent and gas prices made it a little harder to make ends meet.
By sticking to a tight budget, she usually made it through – that was until one day, when she broke her ankle slipping on any icy sidewalk. She had insurance, but that wouldn’t cover all her medical expenses. Suddenly she needed some cash, and fast! But where could she turn?
She’d considered taking out a bank loan, but didn’t want to go through all the credit hassles. She’d been late on a card payment once, and feared her credit score wouldn’t measure up. She thought about asking her parents for the money, but they were on a fixed income. What could she do?
The next day, leg propped up, eyes fixed down on her laptop, she did a web search for “cash advances.” It turned out to be a lifesaver – she could apply right online, without having to go to a bank. It only took a few minutes to answer a few simple questions, and soon she was on her way to securing some badly needed funds.
Lisa qualified easily – she had a job, a checking account, and was a U.S. citizen. What’s more, she didn’t have to answer any embarrassing personal questions, or undergo any humiliating credit checks. In just a few hours she received an email letting her know she’d been approved for a cash advance; the next morning when she checked her account, there was another $300 in it. Now she could afford to pay her deductible, and still have money left for food and gas – not to mention cover a utilities check she’d written.
Like Lisa, you too can apply for a cash advance to cover your short-term cash needs. The sites we’ve featured on our home page are a great place to start looking.
THE CASH ADVANCE: A SURVIVAL GUIDE TO TODAY’S TOUGH ECONOMY
Lisa B. is a young woman living the dream: a nice apartment and two beautiful children. Thrifty and hard-working, she’d never had financial problems, even on a teacher’s salary. But lately, rising rent and gas prices made it a little harder to make ends meet.
By sticking to a tight budget, she usually made it through – that was until one day, when she broke her ankle slipping on any icy sidewalk. She had insurance, but that wouldn’t cover all her medical expenses. Suddenly she needed some cash, and fast! But where could she turn?
She’d considered taking out a bank loan, but didn’t want to go through all the credit hassles. She’d been late on a card payment once, and feared her credit score wouldn’t measure up. She thought about asking her parents for the money, but they were on a fixed income. What could she do?
The next day, leg propped up, eyes fixed down on her laptop, she did a web search for “cash advances.” It turned out to be a lifesaver – she could apply right online, without having to go to a bank. It only took a few minutes to answer a few simple questions, and soon she was on her way to securing some badly needed funds.
Lisa qualified easily – she had a job, a checking account, and was a U.S. citizen. What’s more, she didn’t have to answer any embarrassing personal questions, or undergo any humiliating credit checks. In just a few hours she received an email letting her know she’d been approved for a cash advance; the next morning when she checked her account, there was another $300 in it. Now she could afford to pay her deductible, and still have money left for food and gas – not to mention cover a utilities check she’d written.
Like Lisa, you too can apply for a cash advance to cover your short-term cash needs. The sites we’ve featured on our home page are a great place to start looking.
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