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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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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