Tough economic times mean that sometimes a paycheck can only stretch so far, and it’s at times like these that one hour payday loans – short-term cash advances against your next paycheck – can make all the difference. Whether you need the money to pay a high-interest credit card bill or for emergency car repairs, these loans represent a viable alternative to borrowing money from family or friends. A payday loan from OnlinePaydayAdvance.com is quick and easy to obtain; just fill out our online application and have the funds direct deposited into your bank account within a day. Through one of the many qualified lenders whom we work with, you can secure anywhere from $100 to $1,000 to help you get through the cash flow crunch that most of us face from time to time.
How the Loan Process Works
A poor credit history doesn’t preclude you from getting a payday loan. Unlike banks, our lenders do not rely on your credit score. All you need is basic personal information and a recent pay stub, and you can be approved within minutes after filling out our quick and easy application. There is no hassle, and upon approval, funds are directly deposited into your bank account. When loan repayment is due, funds are withdrawn from your account, saving you the hassle of having to write a check. You can also request an extension, although there may be an associated fee.
Applying for a Payday Loan
To complete the brief OnlinePaydayAdvance.com application, you’ll need to provide basic personal and financial information such as your name, email address, proof of income and a bank account number. In order to be eligible for one of our one hour payday loans, you will need to meet some very basic requirements. Among these are that you must be a U.S. citizen or permanent resident, at least 18 years of age, and currently employed with at least 90 days of employment at your job.
Use One Hour Payday Loans for Needs – Not Wants
A one hour payday loan is advanced against your next paycheck, which in effect means that it becomes an added obligation you should plan to repay. This requires financial restraint and budgeting. If you don’t pay off a payday loan on time, it can potentially impact your credit score in a negative way. It’s important to do several things when taking out a payday loan:
- Weigh Wants vs. Needs: Create two columns on a sheet of paper and write down your needs versus wants. Paying off a high-interest credit card or buying groceries should be a priority over buying a purse or spending the money on any items that you don’t really need.
- Plan for Emergencies: Don’t forget the reason you’re applying for a payday loan in the first place. It’s always smart to set aside some funds for a rainy day. You never know when emergencies might come up and you’ll need the cash.
- Prioritize, Prioritize, Prioritize: This can’t be stressed enough. Create a list of the most important obligations you need to pay off or what you need to buy with the money from the loan.
- Create a Payback Plan: Paying back the loan on time is uber-important, because it may affect your credit adversely if you don’t. That said, mark on your calendar the date/s when you will pay back your one hour payday loans.