Bad Credit Payday or Cash Advance Loans - No Credit Check RequiredWritten by Carrie Reeder
If you are in need of extra cash until pay day, you may want to consider applying for a pay day or check loan online. A pay day loan can be obtained online and with no credit check. Bad credit will not disqualify you from qualifying for a pay day loan. You can use money for what ever purpose necessary and money can often be deposited into your checking account very same day you apply. All you need is a checking account, and a steady source of income and you can get up to 1000 dollars or more deposited directly into your checking account. A pay day loan is designed to fulfill your short-term financial needs and should not be used as a regular lending source. The fees charged for pay day loans can be higher than a traditional loan from your bank and should only be used to solve temporary or emergency financial crises. Repeatedly obtaining pay day loans can cost you a lot of money if you extended your pay off date numerous times or if you continually borrow against your next pay check. If a short term pay day loan is best choice for you, you can be approved and have up to 1000 dollars or more deposited into your checking account sometimes as soon as very same day you apply. Pay day loan interest rates vary from company to company. Some lenders offer discount rates for new or returning customers. After supplying pay day loan company with required information, usually your name, address, employment and banking information, you can be approved in as little as one hour and funds can often be in your checking account very same day. Occasionally you may be required to fax your last pay check stub and bank statement prior to approval, but funds can still be deposited into your checking account very quickly.
| | Fixed Rate Mortgage Loans - Understand the Pros and Cons of the Fixed Rate MortgageWritten by Carrie Reeder
There are many benefits and drawbacks to consider when deciding if a fixed rate mortgage is right for you. It is important to look at all options when it comes to something as important as getting a mortgage for your new home.There are a few benefits to fixed rate mortgages. One benefit is that rates and payments remain constant. There won’t be any surprises even if inflation surges out of control and mortgage rates head to 20%. This kind of stability makes budgeting easier. People can manage their money with more certainty because their housing expenses won’t change. Fixed rate mortgages are simple to understand making them appealing and good for first time buyers. Also longer term fixed rate mortgages are very affordable. There are also a few drawbacks to fixed rate mortgages. To take advantage of falling rates, mortgage holders would have to refinance. That can mean a few thousand dollars in closing costs, another trip to title company’s office and several hours spent digging up tax forms, bank statements etc. Fixed rate mortgages can be too expensive for some borrowers, especially in high rate environments, because there is no early on payment and rate break like there is with adjustable rate mortgages. Fixed rate mortgages are practically identical from lender to lender. While lenders keep many adjustable rate mortgages on their books, most financial institutions sell their fixed rate mortgages.
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