.jpg)
What are payday loans or payday advance
Payday loans or payday advance which is sometimes called cash advance are small and short-termed unsecured loans which can help you with your basic expenses especially when all your available funds have been exhausted and your next paycheck is not coming soon or will not be enough to cover all your expenses.
Usually repayment of loan is expected at the borrower's next payday. Although payment is not due in full until after 14 to 18 days have passed. However, it is advised to cover the full payment of loan as soon as the borrower gets his/her next paycheck or as soon as funds become available. This is to avoid additional fees. Borrowers are permitted to defer repayment, but this is strongly discouraged because the fees will keep multiplying and can get out of hand.
Application process
The application process for the online payday loans is carried out online. The application form is provided online, where the user fills in some personal details. Within a few hours the cash loaned is transferred to the applicants account through direct deposit. The loan repayment is usually withdrawn electronically from the borrower's account on his/her next payday.
The pros and cons
To get the full details of the pros and cons. Go to http://paydayloansonlinexx.tumblr.com/ for more details.
Where to apply
There are quite a number of payday loan lending companies you can apply with online. You can just search online and you'll find them. But it is important to verify the site used by the lenders is secure. This is to prevent you from becoming a victim of identity theft. So to avoid this i put a list of lending sites below that are secured for loan applications. I put them according to countries
List of secured payday loans site (mobile optimized)
Payday loans in the US and UK
Where to apply
There are quite a number of payday loan lending companies you can apply with online. You can just search online and you'll find them. But it is important to verify the site used by the lenders is secure. This is to prevent you from becoming a victim of identity theft. So to avoid this i put a list of lending sites below that are secured for loan applications. I put them according to countries
List of secured payday loans site (mobile optimized)
Payday loans in the US and UK
- Borrow Advance: This is one of the secured payday loan sites out there. It is a Norton secured site. There is information about the loaning and repayment process on the site. It is a very detailed site. I highly recommend this site to anyone thinking of applying for payday loans. The application can also be filled on your phone because their site is mobile optimized. Click here for more info
- 1 hour cash advance: As the name applies, within 1 hour all the application process and cash deposit is completed. This is another secured site to apply for loans online. Their site is also mobile optimized. But to be safe you have to check the site out first before applying for any loans. Click here for more info
- Easy Cash Payday: Another secure site for online application for payday loans and probably the shortest application form i have seen for payday loans. They offer payday loans in both the US and UK. But for now i'll just put the link for the US site. Click here for more info on how to apply to Easy Cash Payday US
The link for the UK site of Easy Cash Payday is below:
