Category Archives: Loans

How to Use a Quick Cash Loan to Get Through the Holidays

Quick cash loans have become a viable way to get extra cash for the holidays. In fact, quick cash loans are growing in popularity every month. With flexible repayment terms, low interest rates, and an easy approval process, they have become the preferred type of loan for small amounts of money.

Quick Cash Loan

Quick Cash Loan

  • Quick cash loans can be taken out with no credit check

The reason why quick cash loans have become so popular for getting through the holidays is because they can be taken out without a credit check. It’s not like the bank where the process is tedious and time consuming. In fact, quick cash loan providers don’t look at your credit at all. Even if you have bad credit or no credit in your name, you can still qualify for a loan. The approval process is based around whether or not you are currently employed and how much money you make at your job. Better yet, you can qualify for the loan even if you make less than $800 a month. It’s perfect for students and even adults who are working part-time.

  • Quick cash loans can be used for gifts, groceries, or debt!

You can use quick cash loans for just about anything and the company that issues you the loan shouldn’t even ask what it’s for. They provide you the cash and it’s your job to spend it wisely. This makes quick cash loans absolutely perfect for holiday shopping. You can use it to buy gifts for friends and family, groceries to help you feed your own family, or you can even use it to pay off debt. Quick cash loans provide financial support when you need it most!

  • Quick cash loans have industry low APR’s

If you do your research on quick cash loans, you’ll find that while they do have higher APR’s than traditional bank loans, the rates are actually fairly low. Quick loans are intended to be paid off within two to four weeks and because you will be paying off the loan so quickly, the APR won’t affect you much. APR stands for annual percentage rate. If your fast cash loan has an APR of about 120%, this is the amount you would accumulate in interest, over the course of an entire year. If it takes you just one month to pay back the loan, then the interest rate of your loan would be closer to 10%. Don’t believe the rumors that payday loans have crippling interest rates. The loans are actually very affordable if you’re able to stick to the repayment terms.

  • You can apply for a quick cash loan online

Most payday loan providers allow you to apply online. All that you will need to do is attach verification of your employment and approval should be issued within a few hours. Applying online is very simple and straightforward. Once you’ve found a company that you want to go with, filling out the application is easy. You’ll just need to answer some questions about who you are, how much cash you need, and where you work.

Author Bio: Frank Williams is an associate for a fast cash money lender website where he writes about how to save money and no need a quick cash loan.

How to Negotiate a Repayment on a Loan

Negotiating a repayment on a loan is not going to be easy. Most financial institutions have very rigid repayment terms and making adjustments to those terms is something that is very rarely offered. If your loan is with a payday loan company or an institution that provides loans that are different from traditional bank loans, then there is a much better opportunity to negotiate a repayment. Nevertheless, simply asking your loan provider is the best way to get the process started.

Repayment on a Loan

Repayment on a Loan

  • Step 1 – Know the interest rate you should expect to pay

When you want to negotiate a repayment, it’s important to know what interest rate you should expect to pay. By comparison shopping and doing research on other banks and loan providers, you can approach your lending agent with a realistic offer. It’s important to not low ball the lending agent but instead present your negotiation and bring qualified data to back you up.

  • Step 2 – Know the repayment terms that apply to that interest rate

The longer your loan is, the lower the interest rate. At least, that’s how most banks work. If you agree to pay off the loan over five years instead of three, they should give you a substantial savings in interest. Be sure to know what length of a loan you’re looking at, compared to the interest rate you want to receive. If you’re eager to pay off the loan quickly, you have to be willing to pay a higher interest.

  • Step 3 – Make an appointment with your lending agent

The next step to negotiating repayment on a loan is to make an appointment with your lending agent. Remember to stay positive and bring all of the data you’ve collected. Having done research already, you may even catch the lending agent off guard and make securing the negotiation much easier for you. When you’re sitting down the agent, try not to push any numbers at them before they present you with their own findings. Politely say things like “Are there any discounts that I could receive with that rate?” This gives the lender an opportunity to sweeten the deal and if they still don’t impress you with their offer, you can throw out a number and see how the agent reacts. For instance, if they have presented you with a ten percent interest, try asking for five or six percent and see what they say. If you have data that justifies what you’re asking for, be sure to present those findings to the agent and explain to them how there are other banks that could accommodate your needs more efficiently.

Remember that banks are a business like any other and the threat of competition will often make them adjust repayment terms on loans. If you can present quotes that you have received from other banks that are better than what the lender is offering you, they will be more likely to readjust their offer. Be sure to keep early repayment on the table as well. It’s important that you be able to pay off the loan quicker than the repayment terms specifies if that is something you prefer to do.

Author Bio: Candice Mills has been writing for more than 7 years and frequently writes about loans and how to use online payday loans properly and responsibly. She works for where her articles provide helpful information.

How to get approved for a Business loan?

You may want to start up your own business and might be in need of some sort of investor funds or a loan. This can be one of the most challenging tasks for a small business owner to deal with.



You may utilize your own business savings to set up your business or borrow some money from your friends or family. But that won’t be enough at times.

You will have to enter the business finance arena to get a small business loan.

Here are a few important and helpful steps to follow that can reduce the complexities of getting your required finance. You should also be aware of other business options and financial products and alternatives in order to seal the loan offer.

Banks often think that it will be a risky move to offer business loans to small business owners, so you should always keep all your options open.

Whenever you apply for a loan from a bank, it is very important keep the following points in mind.

Credit history : Your personal credit history has to be a in a very good standing in order to get approved for the business loan. If there is any negative remark on your credit history, then you should first work on improving it before applying for the business loan.

Amount of the loan : Next you have to figure out an approximate amount of the loan required. You have to calculate the amount required for inventory, payroll, manufacturing expenses, supplies, real estate and miscellaneous assets. You must do a proper estimate so that you can invest your money wisely.

Good Business Plan : Make a very good business plan before applying for the loan. The bank will want to know more details about your business, how much helpful your business is in that area. You should have all the answers to their questions to increase your chances of getting approved. If you are not sure about how to make a good business plan, you can consult with a planner or an accountant.

The Profitability Of Your Business : You have to create a very good impression about your business in front of the loan company and discuss about its profitability. You also need to assure the loan officer that you will be repaying the loan in a timely manner. For this you can show your forecasted financial statements to make your point strong.

What if you don’t get approved for the loan? : This is the last question a lender will want to ask you just to read your mind. Always be well prepared to have the right kind of answer for this question. Let your lender know it very nicely that their bank is not the only place who will loan them the amount. You will try other lenders and programs that will fulfill your requirements.

You may not get approved for the loan in the very first attempt. Be confident and optimistic and you will find someone who will grant you the loan.

Pros and Cons of Quick Loans

Quick Loans

Quick Loans

Quick loans can be great in an emergency however a payday loan will always come with pros and cons that should be suitably weighed up before going ahead with such a loan. These pros and cons mainly apply to how you choose to handle your account with the most careful borrowers not suffering from any of the disadvantages that come into effect if you don’t pay back the loan as agreed or default on other terms of the agreement.

  • Pros of Quick loans


Quick loans are exceptionally fast and depending on the time of day you apply, money can be placed into your account in as little as one hour! These are ideal loans for those who need the money right now even if it’s only for a day or two.

Choose your term:

Many payday loans are flexible and give you the opportunity to choose the day you will be paying back your loan and you should consider this carefully when you apply for your loan. A £100 loan over 15 days may only cost £20 in interest whereas a 30 day loan would cost £40, if you don’t need the money for that extra time don’t take it! Remember, the shorter the term the cheaper the loan.

Credit Rating:

If you pay back your quick loan as agreed you will help improve your credit rating and show to other lenders that you are trustworthy and can pay back credit without any problems. Ultimately, over time this improved credit rating will open up cheaper credit options for you.

Bad Credit Applicants:

If you need money quickly and you have a bad credit rating then most quick loan lenders, like will still accept your loan application, this is a massive pro for many as payday loans tend to be a last option for those who have exhausted all other paths such as credit cards and overdraft extensions.

  • Cons of Quick Loans

High Interest Rate:

Quick loans are notorious for having rather high interest rates which are calculated on a daily basis and APRs can go up to 4000%! The high interest rates quickly add up and a small loan can end up costing a significant amount if you borrow for longer than a few days.


Unlike other loans or a credit card you must repay your quick loan back in one lump sum! As this can add up to several hundred pounds in one go this is often difficult for many people and it can be easily to just not have enough then be charged penalty fees and damage your credit rating. Some loan companies may offer their customers the chance to defer loan repayment if they just pay the interest costs in the first month but this can be an expensive option.

Credit Rating:

If you miss any payments on your payday loan this will be recorded on your credit report, damage your credit rating and will make it more difficult to acquire any credit in the future.

5 reasons why your loan application will be accepted



When you apply for a loan, it is important that you have a professional looking financial statement that will help you in getting your loan reviewed and approved quickly. Lenders don’t want to go through a lot of paperwork don’t figure out whether you can be approved for a loan or not. Prepare a precise and good looking financial statement and submit it ahead of your loan application.

1) Building instant credibility

a) A good financial statement prepared by you will be given more value in comparison to other loan applications.

b) It will also show that you have a better understanding of your finances and have perfect control on it.

2) Professional look

Most of the banks or lenders will ask for a personal financial statement from you. They will give you a form that you need to fill in by hand and submit it. That often looks terrible. It is a good idea to prepare your own professional looking document and submit it ahead of your loan application for a quick review, along with the other supporting documents.

3) Quick Application review and answer to the application

Once you submit the form, you need to know at the earliest whether your loan application got approved or rejected. Many investors and business owners do not want to waste their time waiting for the answer.

The bank or the lender after reviewing your application will be able to get back to you very quickly as because you submitted all your information into a 3 to 4 page format with a 1 page summary sheet of your financial picture. If you submit 30-60 pages application form, its going to take longer time to review it and there are more chances that the lender will not give it that much importance because he has to dig through many pages. When you apply for a loan, you need to be very precise with your information submitted on the application form.

Before applying for the loan application, submit your financial statement and then wait for the lender to get back to you. It will be waste of time sending all your supporting tax returns, bank statements, pay stubs if your loan application did not get approve in the first place as per your financial statement.

It is important that you prepare an accurate financial statement. All the information put in the financial statement should match the records in your tax returns, bank statements, pay stubs etc.

4)  Lenders and banks love to see proper documentation

Banks will save a lot of their time by going through your proper financial statement.

They will tell you in a short period of time whether your loan application was approved or not.

5) Who needs these loans?

Business owners need loan for financing.

Real estate investors and home buyers need loan for the purpose of buying a home.

Franchise applicants.

Real estate agents need loans to give their investors

Or anyone who wants to achieve their financial goals will need such loans.

How to get approved for a bad credit loan

bad credit

bad credit

Its very tough to get approved for a new loan if you have extremely bad credit. No lender wants to risk their finance because of your poor credit ratings. To help such people in need, nowadays extremely bad credit loans are available and the lenders of these flexible financing programs are in the market to help hard working consumers find credit when they are rejected by the traditional banks and other financial institutions.

Bad credit reduces your financing options. Getting a new credit card or borrowing money from potential lenders becomes more difficult. Even if you get some credit, the interest rates are going to be sky high. Credit card companies make a lot of money when they charge very high interests, fees and penalties if you are falling behind in your payments. All these factors make the cost of borrowing money very high.

Potential lenders of bad credit loans find themselves in a very tough situation at times. On one hand, they will review your credit scores to determine whether they will offer you any new credit and evaluate the associated risks. On the other hand, honest, hard working individuals find themselves in need of a second chance to borrow money and reestablish themselves. You can calculate the additional fees and penalties that make up for the increased risk of the loan.

Be careful of the unethical individuals who are out there to make money from you when you have limited financing options and you need to borrow money with extremely bad credit. Do a thorough research on the Internet and you will find many genuine lenders who are willing to help you and give a second chance.



Once you get approved for the new loan, make sure that you are making timely payments so that you can rebuild your damaged credit history. Be responsible and have a disciplined approach towards paying off your new loan, and the borrowed money. This will take care of your pressing financial needs.

When looking for a bad credit loan on the Internet, make sure that you get multiple quotes and compare the offers before filling the application form. Take help of an online loan broker who will help you to find a good deal filtering the best offer for your acceptance. Keep a closed eye to your proposed loan agreement and you will be able to reduce the costs and borrow money with increased savings.

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Emergency Cash Loans

cash loans

cash loans

Help for those with Bad Credit History:

Many people struggle with Bad Credit History in their adult lifes and often its difficult not to when times are touch trying to make ends meet. It can be so easy getting yourself into Bad Credit. Simply missing a payment or not making the payment on time could affect your credit rating. Sometimes there will be a need to pay those unexpected bills or for that emergency car or boiler repairs. This is where Emergency Cash Loans can help.

An Emergency Cash Loan can help those suffering from bad credit. All that is required is that you are over 18 years old and have some form of income and are UK resident. Applying for a Cash Loan online is very fast and simple and only takes a few minutes. The other benefit is that these cash loans can offer you access to the money in your account the very same day and quite often within the hour after applying for your loan. This is a real help when you need the funds in emergency situations.

If you have suffered from Bad Credit in the past because you’ve been unable to make the payments then these loans might not be for you and you may be better off getting a credit card for bad credit or by making other sacrifices to help you manage your finances better. As long as you can make the repayment on time when you next get paid then a Emergency Cash Loan can help you rebuild your credit history.

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Low Down Payment Loan Qualification



To qualify for a low down payment loan you need to have:

• One should earn enough to support the mortgage payment
• Sufficient cash for the down payment of the loan
• One should be able to run the family’s cost easily
• One should have good credit score and has gain the faith of the lender
• One should also have the fund equal to three months mortgage payment

When the house is being legally transferred to you, you must be able to pay the entire settlement cost. The closing cost should be covered during this transaction, the closing cost could be around 3 to 4 percent, and however the cost may vary from place where you are residing.

What is closing cost? Closing cost is the origination of the loan fee. There are other cost like lawyer’s fee tax adjustment and mortgage insurance. If your down payment is less than 20 percent then there would be other charges as well, it would be explained to you by the mortgage agent. To get a better picture of what would be your final points or closing cost you may take the advice of the attorney that you have hired to purchase the house.

A vital piece of mortgage advice… You should have a capacity to afford the mortgage loan; however there are two formulas used in acquiring the amount of loan you can afford. They also determine that how much money you should spend on mortgage payment, they are called qualifying ratios.

The most important thing to remember is that the ratios may vary because each application is handled by different individuals. There are many program which can be affordable and are run by the private and government body with different guidelines for both the upper-class and the low income families.



To qualify for the conventional loan, the housing expenses should not cross 20% to 25% of your gross monthly income. To qualify for FHA loans the expenses should not cross more than 30% to 35% of gross monthly income.

Any expenses that extend 11 months or more into the future are termed long term debt such as a car loan. Total monthly costs including PITI and all other long term debt should equal no greater than 33% to 36% of your gross monthly income for conventional loans. Using the same example$2500 x 36% = $900. So the total of your monthly housing expenses plus any long term debts each month cannot exceed $900. For FHA the ratio is 41%.

Visit this link to know more about Low Down Payment Loan Qualification