subject: 3 Tips for Finding the Best Christmas Loans [print this page] 3 Tips for Finding the Best Christmas Loans
Christmas loans are a fast, easy way to get money for Christmas, so you can stop worrying about money and start enjoying the holidays. However, before you get just any holiday loan, follow these three tips to save time and money and avoid hassles...
#1 - Find Christmas loans that give you at least a month to repay them
Many loan stores you'll find in your neighborhood offer 7-14 day loans. That's OK if you're really in a pinch, but the holidays are crazy enough already - don't you think you should at least get a month to pay back (or rollover) your loan?
That's why online lenders can be an easier and better alternative. They can afford to give you longer loan terms and lower fees because they don't have the overhead costs that retail loan shops do.
#2 - Borrow smart - get only what you need
Being frugal is in style! A loan for Christmas can save you a lot of headaches and bring smiles to your children's faces. Just remember you don't need to get the biggest, flashiest gifts to make this Christmas memorable. Borrow only what you think you'll need (or just a little more), and stick to your holiday budget.
Believe it or not, you can get a ton gifts for under two or three hundred dollars (total) by hitting up websites that show great deals from across the net. A search for "deal finder websites" will turn up lots of sites that can save you hundreds on Christmas gifts.
In fact, Christmas gift buying can be fun and exciting by finding creative ways to save on gifts.
#3 - Get a Christmas loan from a licensed lender
The best lenders are state licensed. It means they follow the laws in your state concerning short-term loans, and they'll charge you fair and legal interest rates.
Sites that aren't state licensed often operate out of other countries and charge fees higher than the legal limits.
If you can't find information about state licensing within 10 seconds of landing on a lender's site, chances are they're breaking your state's laws. If they're doing that, how can you trust they'll treat you fairly?
Christmas loans are an easy way to put an end to the holiday "Bah, humbugs!" - just remember to borrow what you need and get the most bang for every buck you borrow.
