Shameless returns january 2019 How to make your payday loan go more smoothly
Shameless returns january 2019 The combination of the bad economy in the world, the high cost of living, prices and low income has put many people in urgent need for some cash money. Often this amount is not very big and we need just enough to pay some bills and other expenses, but the problem which usually appears around the middle of the month is that we are already low on cash and don’t have enough to pay any new bills, like a sudden car repair or a hospital bill. This is the time when most people turn to their friends to lend them some money or ask for an advance from their company. However, sometimes this is just not possible and other ways to get the money are needed.
One of those ways is to apply for a type of loan called payday loans. These loans can be really helpful especially if you need quick cash, but can’t find anyone to lend it to you. In just 24-48 hours, after you get approved for this loan, you can take the money from your account.
Shameless returns january 2019 Another good thing about the payday loans is that they are really easy to apply to. Whether you do it personally, with a phone call or online, the whole process of applying is quick and easy. You only need to be of legal age (18 or above); to be employed (most lenders require that you are employed for at least 3-6 months and that you earn at least a minimum wage depending on the country or state you live in); and to have an account in the bank where the money will be deposited (you will, of course, be asked for the number of that account, so make sure that it is not a scam).
Unlike other types of loans, where the bank asks you for your credit rating and you get refused if it is low, payday loan companies will not ask you about this. This type of loan can be taken even if you have a really bad credit score, which is yet another good thing about them.
Shameless returns january 2019 However, there are several negative things about payday loans. Payday loans receive a lot of criticism as well. A lot of this criticism is because it is believed that it drains money from people with low income. Because these people are often not able to secure credit with a lower interest, they are often forced to apply for a payday loan. Payday lenders are also criticized for their aggressive advertising practice, often bordering on irregular. Payday lenders often also threaten their borrowers with criminal prosecution if they write a check that bounced. Another problem with payday loans is the high-interest rates. The lenders often defend this policy by claiming that these loans are high risk. Their critics, on the other hand, claim that their costs of prosecution are lower than those for mortgages. Finally, some payday lenders even ignore certain regulations.