subject: The Many Services Of A Payday Lender [print this page] Most people are aware of what payday loans are. There are tons of companies out there that offer them and even more on the Internet.
What most people seem unaware of, are the many services that are offered by good, reputable companies. Not only are payday loans given, but several different services are there to serve your every need.
Below are described the different types of services that may be offered at your local payday loan lender.
Cash Advance
A cash advance is a loan given in advance of your paycheck. These loans are easy to apply for and money is received rather quickly.
Requirements are that you be 18 years of age or older, a citizen in the country in which you are applying, have a job that nets you at least $1000 a month, and a valid bank account. You then authorize a withdrawal (or a post dated check) on a specific date to pay the loan back.
These loans are only short term and you want to ensure you do not extend them if you can.
Check Cashing
The different kinds of checks that can be cashed are as follows:
Payroll checks
Cashier checks
Government checks
Insurance drafts or checks
Money orders
Tax refund checks
Personal checks
Out of state checks
You can cash your check after normal banks close and all you need is your
picture ID.
Title Loans
These loans are rather easy as well. An application is filled out and an inspection is done on your vehicle and within a short time you are given the money.
Title loans can usually grant you more money than that of a cash advance because of the value of your car.
Money Orders & Money Transfers
Some lenders offer these for free, but it is easier to get one at a lender than a grocery store or bank.
Transferring money to people or receiving it is now as easy as 1, 2, 3!
PrePaid Debit and Phone Cards
This is a value to customers who have bad credit and don't have a bank account. Some things nowadays you can only purchase with credit/debit accounts.
The same goes for phone cards. Some people cannot afford to have long distance on their phones, or they may not even have a phone. Prepaid phone cards are great for pay phones.
Gold Buying
It is becoming popular to buy gold and some lenders offer this service as well. If you have old gold around your home, you can sell it quite easily.
The one thing recommended is that you don't deal with middlemen. Make sure you are working with a lender that will give you the best price available.
Insurance
Let someone else do the hard work for you. Lenders that offer this service can give you quotes from various insurance companies to ensure you are getting the best plan for your price.
You can even call over the phone for a quote and pick up the plan you choose from their location. Some insurance that can be offered through a payday lender are: auto, RV, boat, homeowners, life and commercial insurance.
Mortgages
A reputable lender who has been in business for a few years will have many associations with different companies, ensuring you get the best deals. Some mortgage loans that are offered are: residential and construction loans, traditional fixed interest loans for many different yearly terms, adjustable rate mortgages, debt consolidation loans and equity lines of credit.
Tax Services
Tax services may be offered as well with a personalized tax professional who has your well being at heart. You will be treated as an individual, not a number and find your taxes done quickly and easily.
Finding a lender who offers all or some of these services combined will give you a great experience and convenience you can count on. So do your research and find someone you are proud to work with.
