1. If you have to get a pay day loan most cash
advance companies will tell you that you need a
checking account. And when you get a payday
loan most payday advance companies will say
you have to pay them back within the next two
weeks.
Payday Loans
2. However, there are a number of ways you can get the cash you
need, even without having a checking account And there's a way to
get up to 100 days to repay your loan once you get your money The
first way you can borrow money is by going to your local payday loan
company The vast majority of them will lend you cash before you
walk out the door You might have to wait on line a little while But
you should be able to get the cash you need to deal with the financial
emergency that you need to take care of There's another, easier
way for you to get a payday loan, though And there's a secret to
getting it that most people don't know
3. - The secret to getting money without a checking account is opening
up a savings account and then going online and applying for a loan
The reason this works is that more and more online cash advance
companies are now offering loans to people who don't have a
checking account if they have only a savings account Why Do You
Need Any Bank Account at All to Get an Online Pay Day Cash
Advance? The reason that you need a bank account is that pay day
loan companies will electronically wire the cash that you borrow
directly to your bank account Currently that's the only way you can
get your money from them So you will need some type of bank
account And when the time comes Payday Loans to repay your loan
they will debit the money that you borrowed from them - plus fees
and interest - from the same bank account How to Get More than 14
Days to Repay the Loan Payday loans are called payday loans
because the cash advance companies that offer this type of service
expect their customers to repay them out of their next paycheck So
they offer people up to 14 days to pay back their loans
4. Fourteen days is not a heck of a lot of time And it seems to come
around rather quickly There are a number of payday loan
companies that now offer their customers up to 100 days to repay
the money they borrow Of course you will still have to pay interest
for the time you have the money, but you can get have up to 7 times
as long to repay your loan with these companies Loan Applications
Are Quick and Easy It only takes ten to fifteen minutes for most
people to fill out an online loan application Then, depending on the
company, it takes anywhere from one hour to twenty-four hours for
you to get the money As soon as the money is in your savings
account (or checking account - if you have one) you can immediately
withdraw it If you have a savings account , if you want, you will be
able to use the debit card that the bank gives you when you open
your account to get your money
5. - Online payday loan companies don't care if your credit is good or
bad Their main interest is if you earn enough to repay their loans
The loan applications are pretty basic They even look more like
questionnaires than applications Basically, they ask for your name,
address, where you bank, and where you work How Can You Find
Payday Loan Companies that Offer Long Payback Periods? You
may have to do a bit of searching on the Internet in order to find a
pay day loan company that offers both no checking account payday
loans and 100 days to pay them back
6. That's because some companies offer loans only to people with
checking accounts and even fewer offer people more than 14 days to
repay their loans However, if you really need the cash and have a
savings account you will find plenty of companies on the world-
wide-web that could help you Remember, though, that the interest
rates that any payday loan company charges is often a lot higher
than what most banks and other more traditional lending institutions
charge For that reason alone most people will only get a payday
loan when a real emergency arises And even then, many of them
will first compare the rates at a number of different cash advance
companies before they apply for their loan This way they will be able
to get the lowest rates
