We all need help paying unexpected household expenses, especially in today’s volatile economic environment. Living paycheck to paycheck is not a crime, in fact it’s the only way some of us can get through the downturn in our credit based economy.
Being able to get guaranteed approval cash advances from a reputable payday lender at the lowest rates is a blessing, especially if your vintage car needs work or the roof on your home needs patching. Payday lenders have become a valuable asset when unexpected expenses pop up and your next payday is 29 days away. In order to get the lowest rates for a payday loan, you need to do a little research. The Internet will help you find a company that offers guaranteed approval cash advances with minutes, once you send them an application.
Once you identify a payday lender who will give you a competitive rate, all you need is a current checking account, proof that you’re over 18 and a steady job. Some advance lenders require a driver’s license number and your last pay stub. Once the payday lender receives your application, you will be approved for a payday advance within a half hour and the money is usually in your checking account the same day. There is no credit check and most cash lenders don’t require you to fax information for verification. In order to get the best rate, the amount you request must be considered. Some guaranteed cash advance lenders based their fees on the amount you borrow and other charge you a flat percentage, so you need to check around before you commit to one lender.
Payday lenders usually guarantee that they will direct deposit the cash into your checking account the same day you request it and they will withdraw it with interest on your next payday using a pre-authorized agreement you sign. Other same day lenders with hold a check you give them and will cash it on the date you specify, which is usually no longer than thirty days from the date you receive the guaranteed cash advance. If you want to use a cash card at restaurants, retail shops, food stores, gas stations and ATM machines, some payday lenders will send you one. You’re charged a fee every time you use the card and the fee varies depending on how you use it, so read the card agreement before you ask for one.