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Basic Tip About Payday Loans
In this economy, many of us may come up a little short of readily available funds and need a quick cash advance. After all, you can only stretch a dollar so far.
So, how do you find a responsible online cash advanced lender?
First of all, it’s important to compare on line lenders like AmeriLoan and One Click Cash. Check out the different websites. Look for companies who are members of an organization called Community Financial Services Association (CFSA). According to the CFSA website, this group was “established to promote laws and regulations that protect consumers, while preserving their access to credit options, and to support and encourage responsible payday advance industry practices.” When a company pays dues to become a member of CFSA, they agree to abide by the organization’s Best Practices Guidelines, which include truthful advertising and a willingness to encourage customers to act responsibly.
Another membership organization to look for on the online lender’s website is the Better Business Bureau’s Online Reliability Program. Before becoming a member of this organization, the online business must agree to meet the principles for ethical business-to-customer contact and follow the BBBOnLine Code of Online Business Practices. For the average consumer the two most important guidelines are truth in advertising and customer satisfaction. Look for each respective organization’s icon to be displayed on the website of members in good standing.
Membership in one or both of these organizations means the cash advance company thinks it’s important to conduct business in a professional and fair fashion and that the company cares about its customers; definitely a plus when your hard earned money is involved.
How Do You Apply For a Payday Loan?
Now that your research is done, you can apply on-line for your cash advance with companies like United Cash Loans. To be approved you must first make sure there is a defined repayment procedure in place. Sometimes applying for something online can be a little lonely, like driving down a one way street in an unknown town after dark. That’s when accessible customer service can be a huge help to be sure you’re headed in the right direction. Companies like US Fast Cash or 500 Fast Cash should have a toll free customer service telephone number listed on their website that is staffed during normal business hours. Better yet would be a “Live Chat” linking you to a qualified customer service agent who can answer your questions instantaneously. After all, this is about “quick cash”!
Just a note that might put a little more “stretch” into your dollar: check the online lenders website for a Customer Rewards program. On some sites you can earn money for referring a friend. Some sites offer discounts for first time customers.
The online cash advance industry is among the fastest growing of the financial services industry. Comparing lenders may just be the best way to save you time and money in this economy.