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21 December 2007

Get cash advance now!

Short on cash? Caught between paychecks? They can help! - TrustSource.Org

Cash Advances re the fastest way to obtain secure, online cash advance and payday loans. Applying and qualifying for a payday loan is quick and easy, and in many cases there are no documents to fax. Once you're approved for the cash advance, they will electronically deposit the payday loan amount directly into your checking or savings account. These cash advance sites offer flexible payment options and discrete services that gets you the cash you need right now. It's that easy, so why wait to get that cash advance

All online payday loans lenders require the consumer to type out an online application providing personal information, employment information, current banking and financial information, and references.

All online payday loans require applicants to meet minimum criteria in order to successfully complete the application.

These minimum requirement usually consist of:

* Being Employed for at least 3 consecutive months.
* Earning at least $1,000 per month in income.
* Having a valid checking account open for at least 3 months.

Specific lenders also mandate current bank statements and paycheck stubs. Online payday loans lenders also consider the frequency of NSF’s (non sufficient fund) charges an applicant has incurred in the past 30 days, and the number of current outstanding online payday loans.

On the specified pay date of the term, the online payday loans lender will electronically withdraw the loan amount plus specified fees. For example, if the payday loan was for $400, and the loan fees were $20 for each $100 borrowed, then the amount electronically withdrawn would be $460 at the next term.

Most online cash advance payday loans lenders offer clients the option of “rolling over” a loan, meaning that the loan can be extended to the next payday. The client can contact a lender and request to extend the repayment date to the next payday. In most cases the fees double, meaning a $400 payday loan “rolled over” would incur a total fee of $80, requiring a repayment of $520. Payday loan recipients should try to pay their loans off as quickly as possible to keep fees to a minimum.

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