Written by Carrie Reeder

How online payday loans or cash advance loans work? Online payday loans usually work by first filling out a pre-approval application. 90% ofrepparttar time, your credit is not pulled. Most payday loans are not based on your credit history, so, even if you have bad credit you are still welcome to apply. If having your credit pulled is a concern to you, check their FAQ’s page, that will usually tell you whether or not your credit will be pulled.

After you have filled outrepparttar 149516 initial application, you should receive a response on whether you are pre-approved or not. Responses vary, but most online payday loan companies will give you a response instantly. By clicking onrepparttar 149517 link below, you can view our list of recommended payday loan companies and we will tell you which ones can give you a 30-second approval.

If you are pre-approved, they will usually ask for some kind of income verification. Some online payday loan companies require you to fax them a pay stub and/or a bank statement. They sometimes want to verify that you have a valid phone number and email address. There are other companies who are “faxless” who help you getrepparttar 149518 loan processed without you having to fax in any verification. These loans usually verify income by telephone.

Senior Life Settlement-Uses and Applications

Written by Jon Thomas

In a recent article inrepparttar National Underwriter (April, 2005) a Senior Life Settlement is depicted as an ingenious financial planning option available to consumers by providing access to secondary life insurance market through life insurance valuation – a new trend, tool inrepparttar 149515 financial advisory services industry unlocking opportunity for many.

Sound investment practices require diligence and regular appraisal and valuation of assets. To date insurance policies were excluded from said valuations, due torepparttar 149516 perceived absence of market for them. However,repparttar 149517 landscape, opportunity and choices open to seniors, retirees etc. faced with a life settlement issue has changed significantly and people are taking notice.

The premise and principles seem to be simple and back to basics. Simply put, it means that life settlements offer qualifying life insurance policy ownersrepparttar 149518 opportunity to sell policies that are no longer no longer adequately serving purpose or unnecessary, receiving significantly more than cash value for them in return. An interesting statistic fromrepparttar 149519 context of senior life settlement (Conning & Company), states that as much as twenty percent of all insured overrepparttar 149520 age of 65 own policies with a market value exceeding surrender value.

A Senior Life Settlement may make sense for a variety of reasons:

•Premiums may be too expensive •There been a sudden change in your health condition •Your life insurance policy about to lapse shortly •You have significantly more life insurance coverage than you need •You would like to receive substantially more thanrepparttar 149521 policy surrender value

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