Rush hour traffic is bad, and you have been stuck in this line of slow-moving vehicles for over an hour. The radio's chatter is becoming annoying and your foot is getting sore from holding the brake pedal down. Suddenly, your temperature gauge flashes to the right, signaling that your engine is overheating. Now you have to pull over to the side of the highway and call a tow truck. You can have your car repaired today, but how are you going to pay for it? Perhaps you should think about a fast cash advance payday loan!
A fast cash advance payday loan can be delivered to your checking account within an hour, allowing you to pay for your car's repairs and get back on the road for work tomorrow. If you look online, you can find an auto loan comparison site that allows you to look at the rates and terms for several different lenders at once. The comparison site will usually only ask for your name, Social Security number, proof of employment, and bank account information. Many will not even conduct a credit check so you will get your money faster.
Companies that provide the fast cash advance payday loan come in all varieties. Because of a high rate of competition in the market, companies are offering better rates and terms. Some do not require that you fax your information, while others allow you to take up to 100 days or more to repay your loan. Keep in mind that these companies may charge you a slightly higher interest rate, because they are lending to you without your credit information and allowing you to keep their money for a longer period of time. They may also charge you more money for each day you do not repay your loan.
Once you have several companies to compare when looking for your fast cash advance payday loan, look up the companies on the Better Business Bureau site or look up their company name on your favorite search engine and the words "complaints" or "reviews." Finding out the company's reputation before you agreed to borrow money from them is important, because you never want to deal with a disreputable lender!
If you have any questions about your fast cash advance payday loan, call the lender's toll-free number to clarify any questions you may have. The company deposits the loan directly into your bank account, and will withdraw the money on its repayment date along with its interest. If you do not have the amount required for withdrawal on the agreed-upon date, you may be charged overdraft and service fees. This oversight will also be recorded negatively on your credit score.
Having money set aside in a savings account for emergencies such as auto repair is always preferable to taking out a loan. Getting a fast cash advance payday loan can be preferable to borrowing from friends or family, however, because it allows you to maintain your privacy and gets you the money you need when you need it.
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