Monday, August 20, 2007

Top Cash Advance Loan Online

Need extra money to hold you over until your next paycheck? you may want to consider applying for a pay day loan online. If you have access to a computer, you can secure a payday loan online without a credit check, you may not even need to physically contact the loan company.

Having bad credit does not disqualify you from a pay day loan and you can have the amount deposited in your checking account in as little time as the same day! Anyone with a checking account and steady income may be eligible for a directly deposited loan of $1000 or even more.

** One should opt for pay day loans only to satisfy his short-term financial needs and it should not be made a regular practice **

Payday loans should only be used in emergencies, as the fees charged for these loans can be much higher than traditional bank loans. Continuously borrowing against your paycheck or extending your pay off date can make pay day loans costly. If the right choice for you is a short term pay day loan, you may be approved and have up to $1000.00 deposited into your checking account often as soon as the same day of your application.

The interest rates will differ - company to company - on pay day loans. Discounted rates on loans are often available for new or returning customers. Once the lender company has the required data from you, approval may take only minutes and receipt of the loan only hours. Some lenders require copies of a bank statement and/or paycheck stub (usually by fax); but you can still get money quickly.

Poor credit or the absence of credit do not prevent approval of pay day loans. Only your information will be verified; your credit will not be checked.

Lender companies will only contact your employer to verify employment, and do not check your credit report. Approval of application is granted quickly by the Online lenders and you will have the cash the same day as of approval.