What is a Cash Advance Loan?

Written by John Mussi

Continued from page 1

The fees charged for a cash advance are typically a percentage ofrepparttar amount loaned. Lenders are required to provide a truth in lending disclosure that showsrepparttar 148074 full cost ofrepparttar 148075 loan.

You can apply and receive loans as often as you need to as long as your previous loan has been paid off.

The term ofrepparttar 148076 cash advance loan usually ranges from about one to two weeks, with time extensions available, but more fees are charged for each extension.

If you do not haverepparttar 148077 funds available to repayrepparttar 148078 cash advance loan onrepparttar 148079 due date, you should contactrepparttar 148080 lending company as soon as possible and make arrangements for an extension. However, this can be costly with additional fees and interest charges applied.

Whilerepparttar 148081 fees can be high, they can be less thanrepparttar 148082 alternative expenses, such as, late charges for utility reconnection, rent penalties, or bounced checks.

If you decide to use a cash advance, just remember that it is only a short term loan, and any extensions can be very expensive.

Borrow only as much as you will be able to repay with your next paycheck and still have enough money to live on untilrepparttar 148083 following payday.

You may freely reprint this article providedrepparttar 148084 following author's biography remains intact, includingrepparttar 148085 live URL link:

John Mussi is the founder of Direct Online Loans who help homeowners find the best available loans via the www.directonlineloans.co.uk website.

Debt And Bill Consolidation - Signs You Need To Consolidate Your Debt

Written by Carrie Reeder

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Sometimes, if your income has dropped or you are in a situation where you have gotten yourself into too much debt. It is best to seek help managing your debt, or applying for a debt consolidation loan, which can lower your monthly payments and leave yourepparttar extra money every month to start paying down your principal balance.

You can have financial breathing room if you can consolidate your bills into lower monthly payments. It is a smart thing to do if you are struggling to make your minimum payments.

There are many ways that debt can be consolidated. If you have a home with some equity, you can apply for an equity line of credit which can be used to consolidate your debt. Even if you have no equity in your home, you may be able to qualify for a home loan which will go overrepparttar 148047 amount of equity you have in your home, sometimes up to 125% of your homes value.

To see a list of recommended debt consolidation companies online, visit this page: www.abcloanguide.com/debtconsolidation.shtml - Carrie Reeder is the owner of ABC Loan Guide, an informational website with articles and more about various types of loans.

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