Category Archives: Cash Loans

Representative 49.9% APR. You can easily apply for a payday loan without jumping through hoops. Although neighborhood loan centers will likely give you an emergency cash loan, you should be wary of their very high interest rates. Our company is aware of the fact that many borrowers decide to apply for a loan because they have urgent financial needs.

When you apply, we review your monthly expenses and available income to make sure you can afford your new monthly payment. To combat the negative press around payday lenders, some companies have started pitching themselves as payday loan alternatives. The Limitation Act says that the limitation period for benefit overpayments and social fund loans is six years.

For bad credit cash loans, lenders may still perform a credit check but will also take your current finances into consideration. If you have been approved, we will set your loan repayments up via a direct debit which will come straight out of your account on a nominated day, this will generally be in line with your payday.

Even if you can get a loan in the future, you might face much higher interest rates (although not quite as high as payday loan rates). Both Oregon and Colorado tightened their restrictions on payday lenders—Oregon in 2008 and Colorado in 2010—but continued to allow payday lenders to operate and to charge relatively high interest rates.

Just contact us with your application to be able to get your loan wired to your bank account within 24 hours. Although the tide has turned on such lenders (Wonga site went under in 2018 and QuickQuid quit the UK in October 2019), payday loans’ short heyday changed public perception on what credit looks like.