http://www.paydayloanspage.com/blog Discussion of the use of debt in everyday life Fri, 27 Jun 2008 23:22:31 +0000 http://backend.userland.com/rss092 en I stumbled on to this service available to residents in Colorado and California. It provides payaday loans at very competitive APR. Refer to the comparison page in the website. Additionally it also offers short term installment loans on small sums as alternatives to payday loans. They are offering first time customers interest free ... http://www.paydayloanspage.com/blog/2008/06/27/alternatives-to-payday-loans-colorado-and-california/ Payday loans are short term loans made to borrowers using the borrowers personal check or electronic access to the borrowers bank accounts as security. The form of security in the case of savings account payday loans is thorugh accesss to the savings account from the payday lender. This is helpful if the ... http://www.paydayloanspage.com/blog/2008/05/30/savings-account-payday-loans/ What is it? Multi payment payday loans allow the borrower to repay the loan in multiple installments as opposed to paying it off at the next payday. What are the advantages? The advantages to the borrower is that lenders that offer this service will often provide this facility at lower cost than compared ... http://www.paydayloanspage.com/blog/2008/03/08/multi-payment-payday-loans/ Regardless of whether the payday lender require fax or no fax, they must have a way verifying the persons identity, employment status, and bank account. Usually a fax of pay stubs, bank statements and drivers license is required. However fax less payday lenders will verify these information by calling the ... http://www.paydayloanspage.com/blog/2008/02/17/application-information-fax-versus-faxless-payday-loans/ Payday loans may seem like the easy way out. There is no face to face contact, money magically appears in your account with no hassle apart from filling out a couple of forms. Problems solved… Until the you fall into debt trap, loan extension, penalty fees, recycle etc Before jumping into payday loans ... http://www.paydayloanspage.com/blog/2008/01/26/alternatives-to-payday-loans/ Identity theft and fraud is a very real threat with the spread of the online business and the natural tendency of consumers to lower their guard when they reach their comfort zone. It is important that the payday lender you choose has policies for maintaining high level of security and ... http://www.paydayloanspage.com/blog/2008/01/20/security-and-privacy/ It is important to distinguish between financial institutions which actually approve and lend monies versus matching services provided by a company. Matching services collect the necessary financial details and catch the applicant with lenders. Matching services are just that and they do not make the decision on the approvals or ... http://www.paydayloanspage.com/blog/2008/01/17/direct-lenders-vs-matching-service/ Cost of Borrowing The single most important feature of any product and loans being no exception is the cost associated with it. Typically the cost of payday loans are measured through the Annual Percentage Rate (APR%) which annualizes the interest cost associated with the short term borrowing. The average cost of 14 ... http://www.paydayloanspage.com/blog/2008/01/13/features-to-consider-before-deciding-on-payday-loans/ Things to watch out for Direct Application versus Matching Service Please be informed that some websites are actually a matching your application to a lender that you will not be Automatic renewals Look out for payday loans that automatically renew every payday hence withdrawing the finance charge at every pay date. Debt Trap Don’t get caught ... http://www.paydayloanspage.com/blog/2008/01/11/things-to-watch-out-for/ Payday loans are short term loans made to borrowers using the borrowers personal check or electronic access to the borrowers bank accounts as security. Payday loans are repaid on the next pay date with the original amount borrowed plus any finance charge. Payday loans size are range typically between $250-$1500 with terms ... http://www.paydayloanspage.com/blog/2008/01/10/how-payday-loans-work/