If you find yourself in need of some quick cash, you have come to the right place. At Seattle Cash Services, we can give you access to the short term payday loan or cash advance that you need to get through your financial emergency. Apply online and you will get a quote fast. Our lenders are ready to make you a loan offer.
Payday Loans in Shoreline
When you need cash in a hurry, this is the loan type that you will turn to in most cases. There are many benefits to payday loans. For starters, they are easy to qualify for. If you have a checking account and a job, you qualify. Even if you have bead credit, you can typically get approved for a payday loan easily. Another benefit to these loans is that it does not take long to get approves. Conventional lending can take days to get approved or even weeks. With a payday loan, you are approved in just minutes. Finally, these loans fund very quickly. Once approved, you can get your loan on the very next day.
How Do Payday Loans Work?
It is simple as can be. First, fill out the short form at the top of the page. It just asks for some basic information link your Shoreline address, phone number and income information. Once you submit the form, it will go to our lenders network. This is the magic of our system. You are not just applying to one lender but a group of lenders. If one lender does not approve you, your info goes right to the next one. This process is securely repeated until a lender gives you approval. With local lenders, if you are denied, the process is over and you must start everything all over again. Once you get an offer, you will be given all of the information to approve. If you like the loan, accept it and your money will go into your Shoreline bank account as soon as the next business day. If you do not like it, just walk away. You are under no obligation.
When you need more money and more time to pay it, you want an installment loan. These loans are for amounts over $1000 most of the time and with them, you will be required to make monthly payments or biweekly payments. Qualifications are similar to that of a payday loan but the credit requirements are usually a bit higher.
Payday Loan F.A.Q’s
- Is it hard to qualify for a payday loan?
No, these are actually some of the easiest loans to get. This makes them available to those who would ordinarily not have access to emergency loans. All that you need is a checking account and a job to qualify.
- Can I take out more than one loan?
No, you should only take out one loan at a time in order to avoid getting over your head. In addition, it might not be legal for you to have two payday loans out.
- Do I have to have a checking account?
Unfortunately you need a checking account to get approved. Your lender will deposit money into this checking account and will withdraw the repayment from the same account not he due date.
- What is the interest rate on my loan?
These loans usually have fees per amount borrowed. You might pay anywhere from $20 to $30 per $100 borrowed. Combine this with the short term of the loan and you have effective APR’s that are over 400% in most cases. It is the nature of the industry and consumers should consider the fees carefully before committing to a loan.
- I can not pay my loan back, what should I do?
Contact your lender as soon as possible. They should be able to extend the loan but there will be fees.