A loan until payday can be a big help in times of need

Do you need a loan until payday? If this is the case, you are not alone. Many people these days find themselves in need of a funding source to cover their bills. Then again, it may not be the proper word to use the term “these days” because there will always be instances where someone may be in dire need of a lending source.

Thankfully, no matter what the current economic climate may be there is a way of gaining a loan until payday. This often comes in the form of a payday advance.

Some may be thinking this refers to heading down to a traditional brick and mortar lending facility. Yes, those stores and shop fronts that offer payday cash advances are most definitely helpful. However, there is no reason to go visit these facilities anymore because you can now acquire a loan until payday right from the internet.

Some may wonder if this is some sort of a gimmick or scam. It most definitely is not! Actually, most of these lending sites are simply the websites of many of these brick and mortar establishments. Ultimately, in the end, you will be receiving a payday loan direct deposited in your bank account in 24 hours.

The main difference between the old and new method is that you will not be tied down to having to travel to the lending agency in person. You can simply make your application out online. That is a much easier process and one that is most definitely helpful to those that are in need of a quick loan to handle an emergency situation.

And yes, emergency situations do arise with little or no notice. Many people find this out the hard way. Imagine riding down the highway only to discover steam coming out from under the hood of your car.

You have 120,000 miles on the vehicle and are somewhat surprised. Your particular model of car is supposed to last 180,000 miles. Well, it will last but all of its parts won’t. They will need to be replaced at one point or another. Now, it looks like the radiator is done and you need $350 to have it replaced. With your credit cards maxed out and your payday 8 days away, what options do you have? You have the ability to procure a loan until payday through a reliable online payday lending source without credit check.

Yes, there will be those that associate these types of loans with high fees. It is not incorrect to state that there are a number of fees associated with such lending. However, the issue of the fees is balanced out by the expediency of the delivery of the loan. And, of course, such expedited delivery is always a great plus especially when an emergency arises.

Really, the issue here is not the amount of fees associated with these loans. Rather, it is the great benefit that a loan until payday offers. For those in dire need of financing, the benefits that they provide are certainly well worth the cost.…

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Bad credit credit cards – can they any help build credit?

Bad credit credit cards are better known as secured credit cards. There have been many of these credit cards developed that were meant to improve your credit score but with a good look at the fine print, we’ve learned that these bad credit credit cards or secured credit cards are beneficial more for the credit card company instead of the consumer.

These bad credit credit cards were almost guaranteed with no credit or employment checks. All that was needed was a security deposit and you’d receive your new credit card within a few weeks. Spend a few extra bucks and you’d get your credit card within a week. Sounds great right? Well, that’s not exactly how it worked out and many consumers have found that all the extra fees and charges placed them right back in the same debt hole they tried to dig themselves out of.

All credit card companies rely heavily on extra fees and maintenance charges, instead of the interest fees. Well, you’d receive your bad credit credit card and realize that $500 loan line was now only $50 after all the initial service charges and application fees you were responsible for. Before charging anything to the card, you had already run up fees and were responsible for a range of charges just for applying for the card.

There are some legitimate bad credit credit cards out there. Just go to a bank to see if they offer a secured credit card. Many banks do and all you have to do is open a secured savings account as collateral without all the extra fees. Bank of America, US Bank and Wells Fargo banks all offer secured credit cards and you can rest assured you won’t be overwhelmed with all the bogus fees. They are reputable banks that can help you rebuild your credit history.

All three banks have online applications and report monthly payment histories to the major credit bureaus. This will allow you to re-establish your credit worthiness. After a time period specified by each bank, they will offer you a regular credit card if you have made all prior payments on time. So those looking for bad credit credit cards and want to take hold of your credit worthiness, look for a reputable bank to deal with.…

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Can I add rental history to my credit report?

Are you looking at a low credit score and wondering how you can improve it? Perhaps you are being denied credit because your credit history is limited. Either way, you probably would want to do what you can to boost your credit rating and score as much as possible.

This has probably got you thinking whether or not you can weave in your rental history to your credit score. So, if you are asking the question “Can I add rental history to my credit report?” the answer is yes.

Well, actually, you would not be the person adding it to your credit score. When you ask “Can I add rental history to my credit report?” it would actually be the landlord that adds the rental payment history to the credit score.

That means you would have to ask them to do this for you. Don’t worry. It is not a difficult process at all. Your landlord could probably do it in a few minutes.

When you wonder if you can add rental history to your credit report, you are probably wondering why the landlord did not do it in the first place. Generally, landlords will not report anything to a credit agency unless you have a lease or other agreement and default on it.

This is for two reasons, 1) it costs them money to report and 2) they often work with a skeleton staff therefore have not the time to make regular reports.

When you are simply making your ‘standard’ payments of your rent, there is generally no reporting made to the credit agency. This can prove to be a negative of sorts to those that do pay their rent on time. Their record of honest and timely payments is omitted which is certainly not helpful to a credit report.

Again, this is not a problem. If you are wondering “Can I add rental history to my credit report,” all you need to do is ask your landlord to furnish a letter detailing the timely payments to the credit bureau. A simple, basic letter that conveys this info is all that is needed.

The letter should also include a payment history as well. Perhaps you could even type the info up and have the landlord sign it and then send it out in the mail. Yes, it is pretty much a simple process and it certainly can be helpful.

You should always send copies to the bureaus not originals.

Side note: Bureaus are not required to add information you send to them and if they oblige, you may be charged a fee. No free lunch.

If you have been paying your rent on time for five years, it would definitely not hurt to have such info made available. Anything that reflects a positive payment history is one that should be reflected on a credit score.

And when it comes to rental, this does mean anything you rent. It need not just be a house or apartment. Do you rent storage or garage space? If you do and you have been making timely payments, it would not hurt to have the info reported on a credit score. Again, when the info helps, why not have it added to the mix?…

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Finding money to pay off debt without suffering for It

Let’s face it. All the good, even great, advice for getting out of debt is worthless without the money for doing so. In this article we shall explore two ways for finding money to pay of debt.

There are basically two ways of finding money to pay off debt. One is using the money you already have or make. The other is making extra money. Which of the two is easier or better?

Well, none of the two ways can be said to be easy. Sorry, but anyone who promises that they will get you out of debt without any effort most likely does not have your best interests at heart. And each individual’s case is different. You can choose either way, and you can also do both.

But as most successful people and companies (including fortune 500 companies) will tell you, it is easier to save a buck than to make a buck. So first in the order of things is to see if you can cut down on some of your expenses. I know this may not be what you want to hear but read on.

The good thing is that you can cut down on expenses without necessarily cutting out some of the things that you love. Getting out of debt needs not be punishment.

You need to sit down with a pen and paper in hand. Make a list of all your expenses. If you know how to use a spreadsheet such as Microsoft Excel, use one. You don’t have to do this for the rest of your life, just the first couple of months. This is important in order to know where your money really goes.

Next, ask yourself what in that list is a “must have” in order to be happy. It is tempting to check everything, so you might need to list these things in order of importance from the greatest to the least.

What you are going to do is keep the things you “must have” but cut down mercilessly on everything else. If you enjoy your Starbucks coffee several times a day, you will keep that. But if you also live alone and don’t watch that much TV, you might have to downgrade your cable or satellite TV plan.

Alternatively, you can cut down on most things on your list, but leave a little bit of your “must haves”. For example, instead of having four cups of the Starbucks coffee you can scale it down to one or two. You still get something you like but also save some money.

Done right, the above method could help find money to off debt without punishing yourself for it.

However there are times when expenses have been cut to the bone but the money is still not enough. In this case you need to generate some extra cash.

We are going to steal a chapter from Angela Logan, a woman who almost lost her home but came up with a brilliant idea that did more than just save it. What did she do?

Angela took an old family recipe for a cake and turned it into a commercial venture. She aptly called it the “Mortgage Apple Cake”. This not only saved her home, it has virtually altered the cause of her life and in a positive way.

You can find extra money to pay off debt using what you already have and/or know. This includes your skills, talents and hobbies.

We shall look at a few ideas of making extra money to get out of debt in a future article. Keep looking at this blog.…

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