Bad Credit Installment Loans, Loans

90 Day Loans By Phone

90 Day Payday Loans By Phone

You know that a payday loan is a great way to get small cash loans without the hassle associated with taking a traditional loan from banks. But there is an even faster way to get cash fast, and that is to borrow cash loans by phone.

There are times that you are caught in a financial crunch and an emergency arises which would require you to spend some money. You wonder as to how to find low cost money loans for such expenses. In such circumstances, there are loan services which let you avail money just by making a call. This kind of loans are commonly called as payday loans, which are essentially a short-term cash loan with a repayment period of 14 – 30 days. As the name suggests, the low interest loan is backed by your future paycheck.

How it works is that the payday lender will require on your part, a post dated check to be issued to them as a security against the loan amount being borrowed. When this loan is due to be repaid, they will then cash your check on a date as contractually agreed, or when you are unable to pay as what you have promised.

There are a few requirements that you need to satisfy before taking a low cost loan, either by phone or online. Some of these are: you should be a permanent resident or a US citizen, identification proof such as your social security number, have a stable job with the same company for at least 6 months and be at least 18 years of age. There are also some cash advance lenders that need you to show past payslips to validate that you do have a steady monthly salary of a minimum $1000. Aside from these, a valid checking bank account is standard procedure, so as to facilitate the transfer of cash electronically.

Personal Loans By Phone

In order to get a low cost payday loan by phone or online, you need to either fill in an online loan form or download it and fax to the payday company. The loan officer on the phone will typically ask you to send in your latest salary slip along with the latest bank statement as well. This process can be approved as fast as 1hr and the cash will be deposited in your checking account by the next business day. It is this convenience which makes online payday loans so popular with the masses.

Bear in mind that cash advance payday loans have high interest fee and therefore are not a long-term solution to your financial needs. Take it as an alternative loan that you can resort to if other low interest facilities are not available to you, and lastly, find do your due diligence to find the cheapest cash loan.

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