What is the best payday loan company?
A few days after the paycheck and you have your wallet empty? Over 30% of Czechs deal with this problem every month. Although the average wage is constantly increasing, we feel no difference.
How is it possible? In 2017 it is about $1000. How is it possible that most middle class will not actually see this money on the paycheck? This figure is relatively inaccurate, because, a person who earns a monthly $ 10000 really stirs.
This is primarily a loan outside the bank. The so-called non-bank loan. This type of loan is becoming increasingly popular.
Mainly due to its speed and reliability. There are many providers in the non-banking market, so it is very important that you know how to choose. For some, this can be a rather difficult task, but you have nothing to worry about. Independent graders and magazines make our selection easier. There you can quickly find out which payday loan fits you.
You must have come across loan offers in newspapers, magazines and strange sites on the Internet. Very often there are captions with the inscription: lightning loan call.
After dialing the number you are told that you are in order and do not hang up. After a few minutes, you give up.
Nothing happens until you receive your mobile bill. On these lines, they charge up to $3 for each started minute. Therefore, be vigilant. The next stumbling block are charged in advance.
If it’s $1 you don’t have to worry about verifying that it’s really your account. We mean prepayment fees in the order of several hundred to thousands. It happens more and more often than you pay in advance, saying that the money should arrive the next day, but that will not happen.
Payday Loan – High APR
For small loans, you have to get used to the fact that charges are higher than for long-term loans. As far as possible, short-term loans are generally granted for a maximum of 30 days.
But the APR is calculated how much you cost the loan annually, so we get into high numbers. The APR will not tell you much about this type of loan. Rather, it is a one-off fee.
But beware even a small loan can be extremely expensive if we do not pay it on the required date. If you know in advance that you will not be able to repay the entire amount in time, extend the maturity period or try to pay a repayment schedule.
I’m in the SOLUS debtors register, do I have a chance?
The customer service line meets this issue today and daily. Do people have a chance to get a loan from a non-banking company when they are on the debtor’s register?
Some companies say they don’t look at it, but mostly the opposite is true. But it doesn’t have to mean that if they find you there you will automatically fail.
Many citizens get there only by not paying for their mobile service bill or even by accident. If you are in the registry improperly you should address it. Unfortunately, erasure is very lengthy and in some cases ineffective.
Payday Loan – Money Within 15 Minutes?
Quick loans still struggle with speed, trying to allow the applicant to draw money immediately after sending the application, but unfortunately in some cases, this is not possible.
It is important that you work with the provider if you want the loan really immediately. I have sent all the necessary documents, but I do not have the money yet.
How is it possible? It is very important what bank you have if it does not match the bank connection of the company from which you borrowed, the transfer may take up to two days. Before applying for a loan, check out the banks with which the company has accounts. This will speed up the process.
You only need a mobile phone to get a quick loan
Do you have a smart mobile phone? The so-called Smartphone allows you to apply for a loan anytime, anywhere.
Of course you need an internet connection, but fortunately, mobile data is cheaper and cheaper.
Just visit the site on your mobile device to fill out the form and you should learn the result in minutes.
Most non-banking companies have sites set up to work on your device, but sometimes you may not be able to submit a form. In this case, try another browser or contact the customer service line, which is usually free.
Don’t have enough credit to call? Enter your number in the pages and you will be contacted.
From payday to payday
If your payday loan is used too often, you should consider your budget. You’re probably doing something wrong. Knowing to the farm is very important already in childhood. We should learn to weigh money.
Once you get your paycheck do you live like gentlemen, but in a few days, you don’t even have basic needs? This is a disease of many households. How to avoid this?
Always set aside 10 – 20% of your payout. In a few months, you will be surprised how much you have saved. You do not have to have money under your pillow at home but in a savings account.
It is understandable that you will have to somewhat frustrating, but for the money saved you can easily go on holiday or continue investing. Beware of risky periods such as the beginning of the school year or Christmas holidays. Be prepared at this time.
Do I know where I owe?
The payday loan should rarely be used. If you already have any loans do not take unnecessarily more to get into a debt trap. It also happens that some borrowers do not even know where they have debt.
What to do in this situation? If you are such a sinner you will have to ask for an extract from the register of debtors, which is not free, but it is certainly worth the information. You will find the company (s) that entered the listing in the statement.