Instant Cash Loans

2007-10-15 12:53:47

( Financial )



The Need for Instant Cash

There may be times when you are faced with emergency situations where you need cash fast. Under such circumstances, it may be almost impossible to borrow the funds from your friends or relatives, as they may not also have the money on hand for you.

You could borrow from banks, but there are times when you might be needing cash during holidays or weekends, exactly the times when banks are unavailable.

Internet for Instant Cash Loans

With today's modern technologies, it is now possible to acquire an instant cash loan within 24 hours without even leaving home. Instant cash loans are temporary loans you can get approved within an hour after application.

When you apply for instant cash loans on the net, the proceeds will be deposited directly to your savings or checking account.

You can make cash settlements or payments of your loan by arranging with the lender to debit the loan payment directly from your bank account.

Applying for Instant Cash Loans

You need to check if you are eligible to borrow instant cash loans. You must be a U.S. citizen, at least 18 years of age, have a steady source of income, earn a minimum income each month, and maintain an active checking account. Strangely, most sites are not interested in your credit history, so you could still borrow instant cash even with a poor credit rating.

You need to download and print a copy of the loan application which you must sign and fax back with copies of your most recent paycheck, a void bank check, and your bank statement. Someone will contact you to confirm receipt and verify your personal details.

Once you have agreed to the terms and conditions, you will receive the instant cash loan proceeds through direct deposit to your bank account on the next banking day.

Paying for your Instant Cash Loan

You pay for the loan through periodic automatic debits from your bank account on each payday. It is your responsibility to make sure that you have sufficient balances to cover the debits.

There is no penalty for prepayment of your instant cash loan, and you can reapply as many times as you wish as long as your total loan amount is still enough to repay the loan.


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