A Money Tree In Our Backyard
by
Melissa Daley
While we all wish we had a money tree growing in our backyard to take care of our finances, the idea of a proverbial cash garden is just not a reality. For many of us suffering from today\’s economic downturn, a blooming bank account is a thing of the past. Our monthly expenses have become harder to meet while our payments shrink down to the minimum required amount every month. In an effort to stay above ground, we can ultimately dig a hole for our finances because we just can\’t seem to catch up. If making the lowest payment is a result of needing a cash cushion for something else, we are risking never getting our balances paid off. This may be a time when an online cash advance or payday loan can help us get ahead.
These nontraditional loans are meant to be an immediate solution to a short-term financial problem. Lenders don\’t run your credit history because they see a steady job and income as your credit. The application for one of these short-term loans is simple and fast thus getting you the cash you need within a matter of hours. There are no questions asked or long explanations required. A bank statement is about the most a payday lender is going to require. It may not a be money tree so to speak but it\’s the next best thing to being able to grab that cash as soon as possible.
Unlike the long-term upkeep a mature tree may take, a payday advance is a quick solution for a financial emergency or unexpected cost. There are no long term consequences because repayment on these types of loan comes out of your next paycheck. Unlike credit cards that can take years to pay off and result in negative credit reporting, payday loan lenders do not report to credit bureaus. Although the interest rates may be higher on these types of loans, in the long run you won\’t pay as much as you would if you can only make the minimum payments on your credit card or bank loan balance. In the event that you are not able to repay your short-term loan with your next paycheck, most online cash advance lenders will work with you to extend your payment plan.
It\’s nice to know that even though we don\’t have a cash crop growing in our backyard, an online cash advance is there to help when our finances call for some creative yardwork.
Spotya
offers convenient and confidential
online cash advance
and payday loans.
Article Source:
ArticleRich.com