Tag: payday loans
When looking for a payday loan or an installment loan in Seattle the easiest thing to do is to get a quote online. The last thing that you want to do is go into a brick and mortar check cashing store to apply. It takes way too long and is just plain inconvenient. If you are ready to get your free quote, go ahead and fill out our short online form. It takes just a minute and you will have your answer super fast.
Why A Payday Loan Quote From Seattle Cash Services?
At Seattle Cash Services, we make it easy for you to get the loan quotes that you need and make it much more likely that you will get approved. We can do this by giving you access to one of the largest loan networks on the internet. The last thing that you would want to do is apply to single lenders one at a time. Each lender has their own loan requirements and if they turn you down, you need to start all over again with a new one. This can cost you hours. Our lender network is different. If one lender turns you down, your information goes on to the next one. This continues again and again until a lender is found that wishes to make you an offer. It is the easiest and perhaps quickest way to get an approval when you are in a rush.
The first thing that you will want to do is fill out the short quote form at the top of this page. Don’t worry, your information will be handled securely. It takes just a few minutes to fill out the form, even less if you are a quick typer or use autocomplete. Information requested will be very basic information like your address, name and employment information. At the end your bank account information is needed. Your lender will use this to send you the money you requested if you get approved. Once you complete the form, you will be asked to agree to the conditions and then you can submit your form.
The Lender Network
Once you complete the online form, your information will be sent to our lender network. This all happens securely and very quickly. It will go from lender to lender, one at a time, until one is found that wants to make you an offer. You will then be presented with an offer and have the opportunity to review all of the details of your payday or installment loan. Be sure to read them carefully so that you understand all of the terms. Know the due date of your payment or payments and the total cost of the loan.
If you agree to the terms and want the loan, you can accept it online. Occasionally your lender might want to contact you directly or may request additional documentation like a copy of your government identification. Once the loan is agreed to, the lender will begin the process of getting you your money. You can get your money as soon as the very next business day.
Is An Online Payday Loan The Best?
Yes and no. It might be the best option for you or there may be better ones. You have to make that decision based on your current money needs and your current credit score. In general, if you need money fast and you have poor credit, a payday loan is the right choice. If you have better credit, an installment lan might be available to you.
What Can A Payday Loan Do?
The biggest redeeming quality of a payday loan is its availability to those with poor credit. Even if you have a low credit rating, you can usually get approved for a payday loan. This is because lenders are not looking for the same things that major banks are looking for. What they are looking for is just your ability to pay back the loan. To see this, they want to know that you have income coming in and have a current checking account. The money coming in does not even have to be a regular job. It just needs to be regular money that you are continually getting.
Another great thing about payday loans is that they fund quickly. After you fill out your online loan form and get your approval, the money will be sent to your Seattle bank account as soon as the next day. This is particularly important in an emergency where you need money quickly. Once you have your approval, you can have the peace of mind that your money is coming.
The negative about payday loans is that they come with rather high fees. The fees, when turned into an interest rate wind up being in the 400% range or higher. These are high risk loans and lenders do charge accordingly. Unfortunately, the high fees go hand in hand with the loans availability to those with poor credit. Without the high fees, lenders would be unwilling to make these loans.
When you apply for a payday loan online, you are also limited in the dollar amount that you can get approved for. Loans in Seattle are capped by the government at $700 so this is all that you can get.
What Can An Installment Loan Do?
An installment loan may be available to you if you have slightly better credit. This is not to say that you need perfect credit however. You can have some dings on your report and still get approved. In general though, the better your credit, the lower your interest rate will be. There are several benefits to an installment loan over a payday loan. The chief one being the ability to spread your payments out over time. This can make the payments much more manageable and allow you to get your finances back on track or spread and expense over a longer period.
Another benefit is that you can take out more money in Seattle with an installment loan. If you need more than $700 and you qualify, an installment loan is definitely the way to go. Honestly, even if you need less than $700, if you can qualify, an installment loan will be better for you than a payday loan. In most cases.
As far as negatives go, when compared to payday loans, installment loans have few. You should use caution however with any loan. Lenders have only a snapshot of your financial profile and will often approve you for more money than you really need or can afford. Take out just what you need and make sure that the installment payment will fit into your budget.
Seattle Cash Services now offers you access to the fastest loans in the Kent, Washington area. If you need money to pay for an unexpected bill or expense, all you need to do is fill out one short quote form and get the answers that you need. One of our lenders is waiting to make you an offer, so why not get started right away?
Kent Cash Loans
Depending on your credit, you might be offered a payday loan or an even better installment loan. Both have their advantages and both can get you money fast.
New to payday and installment loans? You should take a minute to learn all of the loan basics. An informed consumer is a smart one after all.
Online Payday Loans in Kent
You have a lot of local options in Kent but online is typically the better rout to go. Why? Well there are lots of reasons The first is convenience. You do everything else online so why not loans too. It takes just minutes to do what would take you hours to do in person. In addition, you have the anonymity available on the internet. Nobody needs to see you walk into a payday loan store.
Finally, the odds of approval are better with our online network. With local lenders, if you are denied by a lender it is game over. You will have to start all over with a new lender. With our network, if one lender does not offer you a loan, your information goes securely to the next lender on the list. This process is repeated, securely, until a lender offers you a loan. Save time and get the money that you need now.
Online Installment Loans in Kent
Yes, you might be able to get an offer for an installment loan in Kent, even with bad credit. If you qualify, you can get a number of advantages not available with payday loans.
For starters, you can get more money. Currently, in Washington, a cash payday loan is limited to $700. If that is not enough money to handle your emergency, an installment loan might be a better fit.
In addition, as the name suggests, an installment loan will be broken up into multiple payments. This could give you the time that you need to handle your financial emergency.
How are payday loans different than other loans?
For starters, they are much easier to qualify for. If you have a source of income and a checking account, you can probably be approved. In addition these loans are fast. You can get approve in minutes when you apply online and the loan will fund as soon as the next business day. If you need money now in Kent, this is the fastest route.
Why do people talk bad about payday loans?
Payday loans in Seattle can be a very useful tool for those with no other sources of lending but they can also be dangerous. The fees on payday loans are higher than traditional loans because of the high risk to lenders. In addition, the loans are due to be paid back in a short time, less than two weeks in most cases. Many people in Kent have found themselves in trouble with payday loans because they took them out without thinking.
Never take out a payday loan if you are not sure if you can pay it back. This is just trying to avoid the inevitable. Also, only take out just what you need to pay for an emergency. Resist the temptation to take out a little more, even if you qualify for it. That would just mean more fees. Finally, never take out a payday loan for a non necessity. It would be better to do without if you can.
Are installment loans cheaper?
While installment loans have a number of benefits, they are not necessarily cheaper. The APR of the loan is generally cheaper but the loan term is longer. This means that you may end up paying more in interest and fees when the loan is fully paid off.
How do I apply for a loan?
While there are some local cash stores available that would like to offer you a payday loan in Kent, online may be the best choice. Just fill out the form at the top of the page and get started with your quote. It takes only a few minutes to enter your information. When you hit submit, your information is securely sent to a lender or lenders in our network. Once approved, you can do everything online and get the money sent directly to your bank account. It can not be easier.
Should I take out a payday loan?
That is a decision that you have to make yourself. Ask yourself a number of questions before you commit. Can you get the money somewhere else? Is the cost of the loan too much? Can I do without the money? Can I afford to pay the money back on time.?
Yes, you are in a hurry to get money but please take the time to fully consider whether a loan is the right thing for you, in the long run.
Welcome to Seattle Cash Services where you can get a payday loan or cash advance offer in Bellevue, Washington. We make it easy for you to find the money that you need to deal with your financial emergency. Please take a minute to fill out the short quote form below. Get a secure, free and no obligation loan quote right now.
Payday Loans in Bellevue
A payday loan is a great way to get a small loan of up to $700 in Bellevue. Before applying, take a second to learn about the process and the benefits of our online lending network.
Bellevue Online Lenders
There are a few local places to get a cash loan in Bellevue bit the best rout to take is the online one. Our online network of lenders can get you a fast quote in minutes and may improve your odds of approval. You see, with a local lender, you are dealing with one lender with one set of requirements. If they turn you down, game over.
With our online network, if one lender turns you down, your information goes securely to the next one on the list. This process is automatically repeated until a lender is found that will make you an offer. This is clearly easier and faster than completing dozens of separate quote forms.
Once a lender has made you an offer, you will be given all of the information that you need to make an informed decision. Take the time to review everything including the fees and the term of the loan. If you agree, accept the loan and your lender will deposit the money into your Bellevue bank account as soon as the next business day.
What You Need To Know About Payday Loans
- Yes you can borrow with poor credit.
Even if you have poor credit, you can qualify for one of these loans. This is one of the few loan types available to just about everyone. Most lenders do not even check the major credit bureaus.
- Interest is high.
The effective interest is very high with these loans because of the high fees, based on the dollar amount borrowed, and the short terms. Effective APR’s are usually over 400%. These are obviously high risk loans so lenders in Bellevue and online charge extra to make up for the risk.
- Borrow the minimum.
Always borrow the least amount that you will need. The more that you borrow, the more the fees. The maximum you can borrow in Bellevue is currently $700, but try to borrow less if you can.
- Try not to refinance your loan.
Far too many people refinance their loan instead of paying it off. They do this multiple times and get trapped in a costly loan cycle. If you find yourself unable to pay off your loan at the end of its term, at least pay back a portion of the principle.
- Consider other options.
There may be other sources of money at your disposal. Ask your employer for an advance, have a garage sale, borrow money from family or friends, sell something on eBay, etc, etc.
Alternatives To Payday Loans
There are a lot of other options that do not involve a high interest or fee loan. Before you commit to a payday loan in Kent, Seattle or in this case Bellevue, take a look at some of your other choices.
- Borrow money from friends or family.
This is perhaps the greatest option because it would allow you to get money without any fees or interest at all. If you have a friend in Bellvue, ask them to borrow a few bucks. If you have family in Seattle, have them electronically transfer it to you from their bank
- Work for the money that you need.
Another great option if you have a little time to spare. Get a part time gig working for Uber, stocking shelves at Walmart or just selling blood on your lunch hour. There are a lot of source that you can turn to.
- Cut back on expenses.
One last option to consider is to just cut back on expenses. If you regularly dine out for lunch every day, you can save up to $200 in a single month. That alone could prevent you from needing a payday loan, pawnshop loan or emergency cash advance.