Friday, September 3, 2010
Payday loan shops in Findlay Ohio are found on the same two streets – Tiffin Avenue, and North Main Street. There is the odd one in other areas of Findlay, but they are too new to mention, or they have long been shut down.
Here is Table Showing the Street Addresses and Phone Number for Findlay’s Payday Shops
You can use the phone the information to contact one of these cash advance companies. Likely you live in Findlay or nearby. Either way – there you go. Below the table is a Google Map so you can see the lenders as well. (Continued)
Are you tired of being hassled everytime you want a quick loan? You are likely looking for a lending product known as a Paperless Payday Loan. The idea behind a paperless application, approval, and deposit process, is that it completely removes any hassle usually associated with a payday loan or cash advance.
By applying for a short-term loan with a lender that has a paperless borrowing and lending process, you will need to have some basic conditions met. (Continued)
Today we would like to compare the different paperless payday loan rates. As you will see, we are talking about extremely high APR with this lending product.
So here is a comparison chart of the different fee structures. We are not going to list each lender off by name, but instead we are going to just list the different fees for each paperless fee model. (Continued)
This applicant needs a small business loan for a 3-way partnership he wants to engage in Fort Worth, Tx. This small moving company business model requires start-up capital of over $450,000 dollars – they would likely need half a million ($500,000) to really make a go of it and get their business successfully off the ground.
The business model is very focused – they will be providing residential moving services between 3 cities only; Houston, Fort Worth, and Dallas. They believe there is enough of a market in these 3 major cities of Tx to make a sound profit. Our loan applicant needs to come up with at least $150,000 if he wants to join in the partnership.
They need the loan for some base headquarters real estate, and they need to buy 3 moving trucks. They also need to buy their business insurance and advertising on top of all their other start-up expenses. This includes business cards, cell phones, Gps systems, engine parts, a repair shop, and a few offices to do business from.
After this loan application is presented, we will get into the actual numbers of the loan. We may include a table with their predicted expenses they will be faced with in the very near future. (Continued)
Saturday, August 28, 2010
A paperless payday loan (or paperless cash advance) will cost you dearly in fees. Usually around $30 dollars in fees for only two weeks of borrowing.
You authorize the payday lender to withdrawal their principal and their fee charges directly from your bank account very shortly after you have been paid by your employer. This is exactly the same process used for fax-less payday loans (AKA no fax cash advances).
When you read this you can’t help but do the math in your head – right? This is a $30 dollar fee for only 2 weeks – 14 days! So if you borrow 500 dollars for two weeks you are going to have fees of $150 yanked from you checking or saving account as soon as you get paid. This is assuming you manage to have that money in your bank account. Many borrowers do not.
So there is a price to pay for paperless payday loans. “Be careful what you wish for”, comes to mind.
Saturday, August 28, 2010
5K personal loans are almost always micro-loans in form, meaning they are a short term lending product.
Typically a 2-3 year term is the norm, and the interest rate varies greatly depending on your credit rating and your payment history. Your payment history, employment history and living situation play a big part in the loan.
There are other factors used to determine your interest rates on a 5K loan, and we’ll cover those as well here.
Paperless payday loans, AKA “faxless payday loans” are served and sought after regularly online. In fact it’s only online lenders that will even offer this kind of rare lending product.
Some payday lenders claim that their approval and dispursements are paperless, but they are indeed asking for a facsimile to be sent digitially – they try and snare potential borrowers with this kind of false advertising. The fact remains after years of online lending (since the late 1990s) that there are a scant few payday cash advance lenders that truly provide a paperless lending product.
No fax payday cash advance companies often ”say” they are 100% fax free, and 100% paperless operations, but we have never found a cash advance company that has both of these processes in line at the same time.
We begun this category for Paperless Payday Cash Advances to see how many actual lenders we can list – which ALL have a 100% paperless and faxless system in place. This included no teletrack verification either.
Stay tuned!
Do you need a one hour cash advance payday loan? There are different options online for this kind of fast loan, short-term loan.
In fact there are MANY different direct lenders who claim to deposit between $500 and $1000 dollars into your checking account or savings account – all in under 1 hour. 60 minutes, 50 minutes, 30 minutes – it all depends on how fast the approval process is.
Most payday cash advance lenders try to approve your application ASAP, but not many of them can really pull off a full dispursement of funds in under one hour.
This makes your challenge a little bit tougher, so you may end up searching the Internet longer than it takes to get approved. (Continued)
By far the dumbest loan I ever got approved for was my RV loan – why? Because I bought a brand new motorhome and it depreciated instantly as I drove it off the lot. I bought it for $69,000 dollars and the RV is now worth about $35,000 if I’m lucky. Not all this, but the loan is fairly expensive at a 7% rate. I should really put the whole loan on my line of credit at a lower interest rate, and then pay that down monthly. (Continued)
Thursday, August 26, 2010
Today we’re looking at a personal loan of $20,000 over a three year period at a 13% interest rate. The payment frequency is biweekly (every 2nd week). Going biweekly for a loan like this is a smart way to go. This a cash loan that is secured but the borrowers have poor credit rating. Not abnormal these days – that’s for sure. (Continued)
