You keep your eye on your finances, but every once in a while an unexpected expense hits you in-between paychecks. In our opinion, if you are in need of a small amount of cash, but don’t have time to wait, a Payday Loan could be the quickest solution to your problem.
Typically a Payday Loan is a small, short-term, unsecured loan which relies on the borrower submitting previous payroll and employment records. The loan is unsecured, meaning the lender will require that the loan balance be repaid at the borrower’s next payday. These loans are more like a quick cash advance and are typically approved for small amounts.
Here at Cashry, we have established relationships with a variety of lenders that offer these types of loans that appeal to some borrowers. By our estimation, for short term borrowing under $1000, payday loans are one alternative to personal loans because of their expedited process. However, everyone’s situation is different and we recommend you do as much research as possible to find the right solution for you. In addition, we advise talking to a financial professional to understand all of your options. If a payday loan seems like a good fit for you, fill out our mobile-friendly form and we can start the process.
Always ensure that your lender discloses material conditions, limitations and restrictions, including, without limitation, qualifying terms associated with obtaining a loan, the cost of the loan, applicable finance charges and the cost of credit on a yearly basis, the amount of any down payment, repayment periods, whether there exists a roll-over period with added fees and interest, and whether any “add-ons” are required.
Loans provided by independent, participating lenders in our network are designed to provide cash to you to be repaid within a short amount of time. The short-term loans are not a solution for long-term debt and credit difficulties. Only borrow an amount that can be repaid on the date of your next pay period. Consider seeking professional advice regarding your financial needs, risks and alternatives to short-term loans. Late payments of loans may result in additional fees or collection activities, or both. Nonpayment of credit could result in collection activities. Each lender has their own terms and conditions, please review their policies for further information.