660-325-1562 info@alonewithherthemovie.com


Payday loans are a minor short-term loan which one can acquire to thrive on until you are given the next salary or until you get an expected income. It is easy to get and it is as simple as applying online and having the money sent straight to your account.


Most of the time, most of all the transactions are done online and the money loaned would be totaled online and the money borrowed would be wired straight into your account the same day you make your application for the loan. The payday loan is an unsafe loan and so, it is not reliant on collateral, which includes possessing a house or a car, land, investment, and others.


There is a stage by stage method of acquiring on the loan which is; when a person first indicates on a loan the person gets a $300, the money is given on the person’s salary being collected and it is important to know that a person could be considered for loan considering the number of times the person may apply for a loan collection.



When a person who loans repay his loan on a regular basis and can be trusted, the person may his or her loan offer increased from $300 to $750 and then with time the loaner might be considered for more money depending on the amount of trust bestowed on him by his lender. The payday loan is good for a person who requires assistance with a short-term problem.

Any person is eligible for a payday loan provided by the fact that the person is over age 18 years and above and the person is working and receiving an estimated income of at least $750 per month. The person must also have a valid bank debit card. The mistake many people make is thinking that if one has a bad credit history, the person would not obtain a payday loan, but this is wrong because such cases could be overlooked by the lenders.

If a person wants to obtain a payday loan, the loans can be gotten online. The good thing about payday loans is that it is quick and there is no reliance on documentation which one normally encounters in a bank environment. The step for getting a loan is as easy as stating your name, details on your monthly income and your employment details. Also, details like when one would get his next payment amount which is to be borrowed and bank details must be specified. Once these details have been submitted the person would hear back from the payday loan provider within a matter of minutes. When this happens the providers would email the person the decision they might have taken on the person's request and the details of the loaner.

The payday lenders tell the person about their decision on the money requested and such information are made based on their evaluations of the person amount of money being borrowed and if the person asks for a little money it is more likely to be granted than a larger sum of money. This loan is granted based on interest and so, it is always good to start with small sums. As a final approval of the loan requested, the person who loans would be sent a direct email to his email account specified showing the details of the person and the amount, the repayment date and the amount of interest the person would be required to payback.

After this the person would get the loan agreement in details and the loan conditions would be based on the Consumer Credit Act 1974, which would include the details on repaying, canceling the loan and the use of personal information supplied on the payday loan. When such requirements are seen by the loaner, if the arrangement is okay with the person, the person signs online by giving his details which include his name and answering a security question which asks for his mother's maiden name. After, this is done the person is required to email the message to the loan provider and then in some minutes the money would be deposited into the loaners account.


In many cases, all these procedures can take minutes, hours or even a day to complete, which is why the payday service is a fast and efficient way of borrowing money for a short-term process. After the loan has been borrowed the person is required to pay back the loan and the interest accumulated on the payment date as stated in the agreement. As a normal feat, the agreed day of payment is usually on the loaners salary earning day and this is why the name payday has been attributed to the loan collection. The loan collection is done automatically by the loan provider who gets it back by debiting the amount of money and interest stated in the person's details from the bank account.

Sometimes, there are cases of where payday loans are extended to a longer period of time if the person who borrows loan is unable to pay back at the stated time. The way this is done is to by letting the person's loan provider be aware of the person's current situation and ask for an extension of loan payback. A good advice to getting favor or a loan repay extension from the loan provider is by paying back part of what the person is required to pay as much as he can before the stipulated day of payback.

This feat could put you at an advantage as you would have your interest accrued kept at a minimum. Although not everyone is lenient with improper payback as some companies would charge you an additional money for giving you a loan extension. Before they do this it has to be agreed by the person. This is why it is important to go through the agreement message properly before signing for a loan with a firm.


It is very crucial for small businesses to acquire sufficient funding in order to kick-start their market, create a long lasting and reliable clientele and to be financially strong enough to manage any kind of economic crisis that may emerge in the future. Your requirement for managing finances for your small business generally fits into different categories. It is you as well as the money lender who decides what kind of loan you need and should get to sail through this tough period. One thing that needs your attention here is the fact that it is not necessary that your company will surely get the financial assistance that it needs. Depending on the company’s profile and securities offered, the lender would draft if there is any potential profit for him or her in this investment.

Continue Reading

Copyright © 2017 by alonewithherthemovie.com - All Right Reserved.