If the worst has happened, you might find yourself in need of some quick cash in Renton. Whether you need money to pay an emergency auto bill, to pay your doctor or just to keep the electricity on, we can help. At Seattle Cash Services, we provide you an easy way to get a loan offer for the money you need. Ready to get started?
These are short term loans in Renton designed to, like the name implies, get the borrower to their next payday. The amounts of these loans is usually just a few hundred dollars, up to $700. The good thing about this loan type is that it is easy to get and funds very quickly. You can apply online and have a decision in just minutes. Then the money will be wired directly into your checking account.
Requirements to get approved are usually minimal. You will need a checking account, a job and a social security number. Even if you have bad credit, you will be able to secure a payday loan.
Get A Payday Loan Quote
Getting your quote is simple. The form is already at the top of this page. Just fill in a bit of your information and hit submit. Your information will then be sent to lenders who want to make you a loan offer. The great thing about a loan network such as ours is that there are a lot of lenders. If one does not want to make you an offer, your info goes securely to another one. It greatly improves the odds of getting n approval. Once you have your approval, you will be able to review the loan details. If you agree to the terms, you can have your money in your bank account as soon as the next business day.
Installment Loan Offers
Depending on your credit, you may be able to qualify for an installment loan. These loans have a lot of benefits over Seattle payday loans.
The main benefit is that your loan will be broken up into smaller installments. This can make the loan payment easier to manage than the single payment of the traditional cash advance loan.
In addition, because payday loans are limited to $700 in this state, an installment loan may allow you to take out more money. Only take out what you need of course, but sometimes $700 just does not cut it.
Getting An Offer
You have a lot of local lenders available to you in Renton but they might not be your best choice. The advantage to an online lender network is that your odds of approval are better. If you apply to a local lender and get turned down, you have to go to another one and start all over. Frustrating and time consuming. With our network, if one lender turns you down, your info goes automatically to another one. In addition, online loans take less time to get quotes for and are much more private. Nobody needs to see you go into a cash store.
Before Taking Your Loan
Okay, you have decided that you need a payday loan in Renton. These are great sources of fast funding but borrowers should be cautious because they are not without risk. Here are a few things that you should do before you take your Renton payday loan. We know that you are probably in the middle of an emergency, but take a minute, take a breath and read this short list of things you should do before you sign.
- Call your creditors and ask for extensions.
Many times your creditors may give you a free extension. They want you to stay current and not default. Your credit card company may allow you to make an interest only payment. Maybe your landlord will cut you a break and let you be a few days late.
- Write down what needs to be paid.
Make a list of what needs to be paid with your current paycheck. If anything can be moved to your next payday, move it. Now, subtract the amount of money that you have to see how much you are short.
- Look for alternative funding.
Even if you can not get the entire amount you need from alternative funding, you should try to get as much as you can. Sell some things on eBay, have a garage sale, ask friends for help or ask your bass for an advance on your paycheck.
- Borrow only what you need.
When you are ready to get your loan, borrow only what you need and no more. It might mean that you will be eating Ramen noodles for a week but so be it. You will be glad you borrowed the minimum when it comes time to repay.
Payday Loan F.A.Q’s
- Can I get approved with bad credit?
Yes, that is the great thing about payday loans. They allow those with bad credit, the ones other lenders ignore, to borrow money. They are sometimes the only source of money to poor credit individuals. Lenders might still check credit but they usually do not check the major credit bureaus and they are not looking for someone to have a perfect credit profile.
- Do I need a checking account?
This is one requirement that you can not get around. You will need a checking account so that your lender can deposit your money. The lender will also automatically withdraw payments from the same account.
- What happens if I can not pay my loan back on time?
You can almost always extend your loan. Be aware that this will come with extra fees so do this only as a last resort. If you must extend your loan, try to pay off a portion of the principal so it will be easier to pay off the loan next time.
- How soon can I get my money?
In most cases, it will be deposited on the next business day. If that day falls on a bank holiday, it may be delayed by another day.
- How much money can I get?
Currently the limit for payday loans in Renton is $700. This could change but at the time this article was written, that was the limit.
- How long will I have to pay off my loan?
These loans are typically paid back within two weeks.