You might hear them referred to as ‘fast cash loans,’ ‘quick cash loans,’ ‘speedy cash loans,’ or ‘instant cash loans,’ because cash loans feature fast approval and quick funding
Some months it’s hard to keep up if you don’t borrow money. It may feel like you’re working your hardest and doing what you can to make ends meet but then an unexpected expense or an emergency crops up, and your finances are thrown into disarray.
Perhaps the fridge decides to stop refrigerating or your kid gets home from school excitedly waving a permission slip around for a paid field trip you just haven’t had time (or the prior knowledge) to plan for. Cars break down, appliances malfunction, partners’ birthdays sneak up on us and somewhere in the middle of it all, we find ourselves in need of new clothes, a dental appointment or a family vacation. Life’s a beautiful journey and that journey costs!
When you’re struggling to make ends meet because a few unexpected or emergency expenses have barged into your life, what do you do? Cash loans come to mind, but who would give you one? The traditional bank loan seems aimed at people who don’t need to borrow money and when it comes to asking family and friends for money, well, that’s just awkward. Sometimes the only solution is to find a lender who offers emergency cash loans that are quickly approved and paid out in a hurry. Of course there of plenty of lenders to choose from and the process of contacting each one can become expensive, time-consuming, and disappointing. At Viva Payday Loans, we take the hassle and guesswork out of the process for you. We provide you with access to a panel of some of the best cash loans providers in the US by filling out just one application form. Before we get the process started, let’s see if a cash loan is the financial pr0duct you need.
Cash loans are convenient, short-term solutions for when you need to borrow cash in a hurry. They’re a form of alternative financial service where you can get fast money to cover emergency situations, unexpected expenses or get you through a rough patch. Cash loans are usually unsecured loans with a short repayment period, but they can also be secured. They’re also called ‘cash advance loans’ or ‘payday loans’ because it’s usually an advance of a portion of your next paycheck. The duration of the loan will often match your payday schedule.
Cash loans https://paydayloansohio.net/ come in various forms. Regardless of what you call them, quick cash loans all offer the same thing: total convenience.
Many lenders today offer cash loans online within the same day. You apply online, sign an agreement with the lender and receive a direct deposit into your account within hours. Generally, lenders will base the loan principal on a percentage of your short-term income and local state regulations.
All lenders want to work with people with excellent or good credit scores, and you’ll likely get favourable terms if your credit score is in good standing
Unlike traditional loans, you don’t need a good credit score or collateral to get cash loans. Think of them as cash loans for bad credit because, generally, credit scores or credit reports are not part of the loan process. You can get a cash loan even if you have a poor credit score. All you need is a bank account, verification or proof of income from a job or some other source, valid identification, and an ID that proves you are 18 years or older.
Cash loans usually involve small amounts with terms that average between 2 to 24 months. Most states have usury laws that protect consumers and limit the interest you’ll be charged for cash loans. The current rate ranges between 5% and 36% and is usually influenced by factors like creditworthiness and income. At Viva Payday Loans, you can get cash loans of between $100-$5,000 paid over 2 to 24 months with an interest rate of 5.99 to %.