Online Guaranteed Payday Loan Store
Despite one’s socioeconomic status or income, most Americans have been strapped for cash at some point in their lives. Actually, about half Americans are walking a thin line every week: a CareerBuilder.com survey estimates that almost 50 percent of workers live paycheck to paycheck, including 21 percent of those earning at least $100,000.
Often the unexpected is actually the norm, whether it be an unexpected emergency room visit, a failing car battery, or a fire in the house. There were about 119 million emergency room visits in 2006, according to a Wall Street Journal article; and auto wrecks in America cost more than $164.2 billion each year, according to AAA -- so the unexpected actually occurs quite frequently.
Although most online guaranteed payday loan stores will advise caution and discretion when applying for a loan, that one loan may be just enough to help you make it to next week. An FDIC survey shows that a payday loan fee is cheaper than a bank overdraft fee. And for those who either don’t have transportation to a physical location to receive guaranteed payday loans (possibly because they need money for a new transmission), there are online guaranteed payday loan stores.
Advantages of online guaranteed payday loan stores
- Privacy - Many are probably concerned about their reputation when they apply for a guaranteed payday loan, even though they’re experiencing difficulties that about half the nation is facing. Applying online for guaranteed payday loans can get you the funds deposited in your account within 24 hours or even less, without anyone seeing you go into a store.
- Transportation -Sometimes you may need money immediately to fix your transportation needs and in order to continue your job. An online deposit can help you out in case you’re having difficulties with your vehicle. An online payday loan can deposit the money in your bank by the next business day. The option of using the Internet for transactions continues to grow in popularity: according to Internet World Stats, about three in four Americans use the Internet.
- Time - Just because someone doesn’t have money doesn’t mean they aren’t busy. Online loans can cut down on travel time and the possible wait time you may have if you go to a physical location.
- 24/7 access - You can also apply at any time, 24/7, so you don’t have to take time off work or inconvenience yourself. Approval often takes only about 15-30 minutes.
What do you need?
In order to speed up the process, try to get all of the documents you need together before applying for the loan. Hold onto a valid ID, such as a driver’s license; and make sure you know the billing address if it’s one other than your residence; both your checking and routing account number; and any proof of employment or that you have a monthly income of more than $1,000.
Things to remember
Online guaranteed payday loans offer the opportunity to avoid an overdraft fee or exorbitant credit card late fee, and it also can help you pay for one of those unexpected events mentioned above. But remember to be careful with your money, and try to pay off the fee as soon as possible.
This is not free money in the long run. The point of a guaranteed payday loan is to meet your short-term financial goals. Remember that borrowing money comes with interest. An average of 3,960 bankruptcy petitions were filed in February 2008, according to a New York Times article, and there were more than 3 million foreclosures in 2008. Also keep in mind that you will be giving away private information, such as your social security number, bank account number and routing number. You can recognize secure sites because their URL starts with “https” instead of just “http.”
Read over the eligibility requirements. Although even bad credit isn’t typically a problem, you must meet the age requirements, not have a history of bankruptcies, and you need to have been at your job for at least a few months. To apply for a loan or to see if you qualify, go to the top of this page and fill out the contact form.