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	<title>Consumer Loan Quotes &#187; Cash Advances</title>
	<atom:link href="http://www.consumerloanquotes.com/cash-advances/feed" rel="self" type="application/rss+xml" />
	<link>http://www.consumerloanquotes.com</link>
	<description>Payday Loans and Cash Advances</description>
	<lastBuildDate>Tue, 07 Feb 2012 05:20:09 +0000</lastBuildDate>
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		<title>Properly Researching Established Lenders for Emergency Cash Needs</title>
		<link>http://www.consumerloanquotes.com/properly-researching-established-lenders-for-emergency-cash-needs.html</link>
		<comments>http://www.consumerloanquotes.com/properly-researching-established-lenders-for-emergency-cash-needs.html#comments</comments>
		<pubDate>Tue, 07 Feb 2012 05:20:09 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Cash Advances]]></category>

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		<description><![CDATA[January 30, 2012 / The facilities for obtaining emergency cash advances are easily available and if you carry out some basic research online, you will find the right type of provider who will meet your requirements. Determine how long a provider has been established and review any comments from clients about the organization. Although emergency [...]]]></description>
			<content:encoded><![CDATA[<p>January 30, 2012 / </p>
<p>The facilities for obtaining emergency cash advances are easily available and if you carry out some basic research online, you will find the right type of provider who will meet your requirements. Determine how long a provider has been established and review any comments from clients about the organization.</p>
<p>Although emergency cash advances give borrowers the opportunity to get cash without much effort, it does not mean that the facility should be used like a bottomless moneybox! Therefore, any money borrowed, should be used for a specific purpose and not for short-term personal enjoyment. It is a question of exercising financial discipline, which will benefit your bank balance in the future.</p>
<p>Emergency cash advances are repaid with interest and continual borrowing for frivolous reasons could eventually create a situation in which the escalating interest repayments become a problem for you.</p>
<p>There is a variety of methods to avoid the creation of problems with cash advances. The primary one is to dispose of accounts or debts that require immediate attention. Once these have been removed or updated, then consider any other debts that could be difficult and pay as much as you can to bring down their balances.</p>
<p>Applications particularly for emergency cash advances are efficiently quick and the application requirements are relatively easy to complete. You are generally able to get approval of your loan the same day. Ensure you meet the required minimum age limit of your resident State that you are employed with a determined salary and you have an established bank account.</p>
<p>It is essential that you treat any application for emergency cash advances with objectivity despite the circumstances surrounding it. You will be making a commitment to repay the loan and therefore, ensure you are familiar with the terms and conditions associated with it.</p>
<p>Consumer Loan Quotes is available online, any time, when you need a <a href="http://www.consumerloanquotes.com">fast payday loans</a> or <a href="http://www.consumerloanquotes.com">online cash advance</a> until your next payday.</p>
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		<title>Feds probe nearly $1 million in payments by Coliseum officials</title>
		<link>http://www.consumerloanquotes.com/feds-probe-nearly-1-million-in-payments-by-coliseum-officials.html</link>
		<comments>http://www.consumerloanquotes.com/feds-probe-nearly-1-million-in-payments-by-coliseum-officials.html#comments</comments>
		<pubDate>Mon, 06 Feb 2012 19:37:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Cash Advances]]></category>

		<guid isPermaLink="false">http://www.consumerloanquotes.com/feds-probe-nearly-1-million-in-payments-by-coliseum-officials.html</guid>
		<description><![CDATA[Investigators for the US Labor Department are looking into cash advances made by Los Angeles Memorial Coliseum officials to a union representative, sources said. The investigators have asked the Coliseum Commission for information on about nearly $1 million in payments given during the last several years to a representative for the International Alliance of Theatrical [...]]]></description>
			<content:encoded><![CDATA[<p>Investigators for the US Labor Department are looking into cash advances made by Los Angeles Memorial Coliseum officials to a union representative, sources said.</p>
<p>The investigators have asked the Coliseum Commission for information on about nearly $1 million in payments given during the last several years to a representative for the International Alliance of Theatrical Stage Employees, according to the sources, who requested anonymity because they are not authorized to speak.</p>
<p>The cash was supposed to cover wages for union stagehands who work on events at the stadium and companion Sports Arena, officials said. But the Coliseum imposed no controls over where the money ended up, according to the officials.</p>
<p>Invoice reports that The Times obtained under the California Public Records Act show that the payments &#8212; sometimes delivered in suitcases packed with $100 bills &#8212; were made from at least March 2006 through February 2011.</p>
<p>The payments were for rave concerts, Cinco de Mayo performances, a mixed martial arts production and a Lakers NBA championship celebration, among other Coliseum bookings. Over the last year, The Times has published a series of reports on financial irregularities at the Coliseum.</p>
<p>Consumer Loan Quotes is available online, any time, when you need a <a href="http://www.consumerloanquotes.com">fast payday loans</a> or <a href="http://www.consumerloanquotes.com">online cash advance</a> until your next payday.</p>
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		<title>Paramount Merchant Funding Helping Restaurant Owners Open New Locations</title>
		<link>http://www.consumerloanquotes.com/paramount-merchant-funding-helping-restaurant-owners-open-new-locations.html</link>
		<comments>http://www.consumerloanquotes.com/paramount-merchant-funding-helping-restaurant-owners-open-new-locations.html#comments</comments>
		<pubDate>Sat, 04 Feb 2012 10:25:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Cash Advances]]></category>

		<guid isPermaLink="false">http://www.consumerloanquotes.com/paramount-merchant-funding-helping-restaurant-owners-open-new-locations.html</guid>
		<description><![CDATA[(PRWEB) January 26, 2012 Paramount Merchant Funding is stepping up its restaurant programs for owners during the post-holiday market. During the first months of the year, new years resolutions, tightened spending after the holiday glut, and the weather in many places, tend to keep diners away. However, during these crucial months of the year there [...]]]></description>
			<content:encoded><![CDATA[<p>(PRWEB) January 26, 2012 </p>
<p> Paramount Merchant Funding is stepping up its restaurant programs for owners during the post-holiday market. During the first months of the year, new years resolutions, tightened spending after the holiday glut, and the weather in many places, tend to keep diners away. However, during these crucial months of the year there are plenty of opportunities for restaurant owners looking to improve their situation before business picks up again as the year progresses. One of the major moves for restaurant owners is to open a new location for which Paramount has started accepting applications.</p>
<p>The restaurant industry is massive, employing millions of Americans. Despite the fact that eating out is a discretionary purchase for every customer, it remains a mainstay of people&#8217;s everyday schedule. For successful single-location restaurants, expansion could be a major step in revenue production.</p>
<p>Fast food is the industry giant with speed, convenience and a massive international presence with unparalleled brand recognition on their side. Because most casual dining restaurants tend to have higher prices and small customer bases, they are more sensitive to consumer budget and the wider economic situation. For investors, fast food is the safer shelter in a down economy.</p>
<p>The rise in local food movement along with the perception of neighborhood &#8220;joints&#8221; as the friendlier and healthier choice, is helping fuel a growth in restaurant expansions from small, privately owned casual dining restaurants all over the country. But investors are still wary, with wall street in the back of their minds, and are looking for safer bets. Finding restaurant financing is still a struggle for even the most successful owners. </p>
<p>Expansion is no simple game either. What works in one neighborhood could fail in another. The restaurant&#8217;s concept has to be flexible and appealing enough to serve a wide range of customers. Careful review of customer base is important to make sure that a new location doesn&#8217;t start taking sales from the original. Investors pay careful attention to trends in the dollar value of guest checks as well as how much revenue is produced by special deals and how much is customer loyalty and mass appeal.</p>
<p>As the economy, the awareness of American consumer and the industry landscape evolve, the restaurant owner will find that while some doors remain closed, many are opening up. As small, single location eateries gain dedicated customer bases, succeed with their business model and prosper despite the issues that surround the American economy, the possibility of expansion is very real.</p>
<p>In lieu of investor support and with banks still not extending loans to &#8220;higher risk&#8221; industries, the restaurant owner may turn to alternative funding sources including merchant cash advances. Companies providing these types of funding are more enthusiastic about getting involved in lucrative and marketable business plans that have proven themselves and could increase production with more locations.</p>
<p>&#8220;We know a good thing when we see one,&#8221; CEO and co-founder of Paramount Merchant Funding, Daniel Smith said. &#8220;Restaurants have seen huge gains when they are able to expand to reach more customers in a new location.&#8221; Dan&#8217;s company specializes in restaurant funding and he has seen thousands of owners seeking small business alternatives after banks and investors have turned their back on them. &#8220;Our niche is underwriting a restaurant&#8217;s overall business model, cash flow and financials to provide necessary funding in a timely manner.&#8221;</p>
<p>Merchant cash advance has been a major source of expansion funding for restaurants all over the country. Paramount Merchant Funding have been able to help business owners implement their plans, make profitable choices on new locations and provide working capital while investors wait in the wings. </p>
<p>About Paramount Merchant Funding<br />
<br />We can provide you with Merchant Funding of up to $250,000 per business location. An alternative to a traditional bank loan, we advance you cash today based off your future credit card sales (Visa, MasterCard, American Express, Discover, and Debit Cards). There are no personal guarantees or collateral attached to the merchant cash advance. This allows us to provide you with the working capital you need within 3 business days or less. There are no restrictions on how to use the money allowing you to grow your business hassle free.</p>
<p>CONTACT:<br />
<br />Address:<br />
<br />242 W. 36th Street, 14th Floor<br />
<br />New York, NY &#8211; 10018<br />
<br />Toll Free: 877-885-1505<br />
<br />Fax: 888-722-3313</p>
<p># # #</p>
<p>Consumer Loan Quotes is available online, any time, when you need a <a href="http://www.consumerloanquotes.com">fast payday loans</a> or <a href="http://www.consumerloanquotes.com">online cash advance</a> until your next payday.</p>
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		<title>CashAdvance.com Launches Delaware Loan-Process Page</title>
		<link>http://www.consumerloanquotes.com/cashadvance-com-launches-delaware-loan-process-page.html</link>
		<comments>http://www.consumerloanquotes.com/cashadvance-com-launches-delaware-loan-process-page.html#comments</comments>
		<pubDate>Thu, 02 Feb 2012 10:41:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Cash Advances]]></category>

		<guid isPermaLink="false">http://www.consumerloanquotes.com/cashadvance-com-launches-delaware-loan-process-page.html</guid>
		<description><![CDATA[Los Angeles, CA &#8212; (SBWIRE) &#8212; 01/25/2012 &#8212; CashAdvance.com announces the launch of its new Loan Process page, designed to provide Delaware consumers with information on applying for payday loans, interest rates, fees, repayment terms, and more. Cash advances have grown in popularity in response to a tighter credit market and a depressed economy, offering [...]]]></description>
			<content:encoded><![CDATA[<p>Los Angeles, CA &#8212; (SBWIRE) &#8212; 01/25/2012 &#8212; CashAdvance.com announces the launch of its new Loan Process page, designed to provide Delaware consumers with information on applying for payday loans, interest rates, fees, repayment terms, and more. Cash advances have grown in popularity in response to a tighter credit market and a depressed economy, offering working people a means to get urgently needed cash between paychecks. </p>
<p>Among other valuable information, the new Delaware Loan Process page lists the minimum requirements needed to apply for a payday loan in Delaware: </p>
<p>o Verification of a valid US bank checking account<br />
o Proof of employment and verification of at least $1,000/mo. income after taxes (paystubs may be required)<br />
o Contact information including telephone number, home address, and email address<br />
o A valid form of ID proving US citizenship or permanent resident status<br />
o Verification that borrower is at least 18 years old</p>
<p>&#8220;CashAdvance.com strives continually to ensure consumer protection by providing the knowledge and resources necessary for consumers to make informed financial decisions,&#8221; says CashAdvance.com spokesperson Doug Freiburg. &#8220;The Delaware Consumer Resource page offers a wealth of information arming consumers with the resources with which they can actively preserve their rights, while providing recourse to regulatory agencies capable of remedying fraudulent lending practices.&#8221;</p>
<p>No credit check is required to apply for a cash advance loan in Delaware.  Once approved, loan funds are direct-deposited into the borrowers account within 24 hours. Repayments can be made automatically by debiting the borrower&#8217;s bank account. Consumers can ensure their payments are made on time without the risk of incurring late fees.</p>
<p>CashAdvance.com is not a lender; rather, the company acts as an online loan application portal to connect consumers with payday loan providers in their area.</p>
<p>According to leading CashAdvance.com financial news expert Adam Hilliard, Our Loan Process page will dispel any misconceptions or uncertainty surrounding the cash advance process in Delaware, equip you with practical advice for averting financial crisis, answer your myriad loan questions, and ultimately guide you on the road to taking control of your financial future.</p>
<p><a href="http://www.consumerloanquotes.com/personal-loans.html">Personal loans</a> are available for any purpose and with our instant <a href="http://www.consumerloanquotes.com/personal-loans.html">personal loan process</a> there will generally never be a</p>
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		<title>Unliquidated House cash advances noted</title>
		<link>http://www.consumerloanquotes.com/unliquidated-house-cash-advances-noted.html</link>
		<comments>http://www.consumerloanquotes.com/unliquidated-house-cash-advances-noted.html#comments</comments>
		<pubDate>Sun, 29 Jan 2012 00:13:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Cash Advances]]></category>

		<guid isPermaLink="false">http://www.consumerloanquotes.com/unliquidated-house-cash-advances-noted.html</guid>
		<description><![CDATA[Manila, Philippines The Commission on Audit (CoA) recently released the findings of its audit examinations of the two chambers of Congress for fiscal year 2010. Compared to other government agencies and constitutional bodies, including the Office of the President, the Senate and the House of Representatives were noted to have failed to observe a handful [...]]]></description>
			<content:encoded><![CDATA[<p>Manila, Philippines  The Commission on Audit (CoA) recently released the findings of its audit examinations of the two chambers of Congress for fiscal year 2010.</p>
<p>Compared to other government agencies and constitutional bodies, including the Office of the President, the Senate and the House of Representatives were noted to have failed to observe a handful of government auditing procedures and laws relative to proper and transparent handling of government funds.</p>
<p>The CoA reported that former and incumbent congressmen and administrative officials of the House of Representatives have failed to liquidate P16.5 million in cash advances since December 2009. &#8220;We recommend that management require the congressmen and secretariat officials and employees with unliquidated cash advances to immediately settle their accounts,&#8221; State auditors said.</p>
<p>Reacting to the audit observation, the House management noted that P7,135,187.30 of the unliquidated amount represents cash advances of incumbent congressmen while P3,701,584.12 consists of recent advances.</p>
<p>The House assured CoA that justification of the expenses and submission of receipts &#8220;are almost certain within the ensuing months,&#8221; pointing out that numerous demand letters have already been sent to the accountable officials.</p>
<p>Meanwhile, CoA said the Senate violated Presidential Decree (PD) No. 1445 when it appointed accountable officials who are not covered with fidelity bonds. Among them are property officer Cynthia Bajamunde and special disbursing officers (SDOs) Riza Octavo, Cesar de Chavez, Antonio de Guzman, and Raquel Mejia.</p>
<p>The SDOs were granted cash advances for various travels abroad and other Senate activities requiring immediate cash payments.</p>
<p>&#8220;Unjustified failure of an accountable public officer to comply with the requirements to apply the fidelity bond pursuant to Treasury Circular 02-2009 dated August 6, 2009 and the public bonding law shall be subjected to applicable criminal, and or administrative liability under Revised Penal Code and PD 1445,&#8221; CoA warned. (Ben R. Rosario)</p>
<p><a href="http://www.consumerloanquotes.com/personal-loans.html">Personal loans</a> are available for any purpose and with our instant <a href="http://www.consumerloanquotes.com/personal-loans.html">personal loan process</a> there will generally never be a</p>
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		<title>AmeriMerchant Celebrates Its Ten Year Anniversary</title>
		<link>http://www.consumerloanquotes.com/amerimerchant-celebrates-its-ten-year-anniversary.html</link>
		<comments>http://www.consumerloanquotes.com/amerimerchant-celebrates-its-ten-year-anniversary.html#comments</comments>
		<pubDate>Fri, 27 Jan 2012 00:40:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Cash Advances]]></category>

		<guid isPermaLink="false">http://www.consumerloanquotes.com/amerimerchant-celebrates-its-ten-year-anniversary.html</guid>
		<description><![CDATA[NEW YORK&#8211;(EON: Enhanced Online News)&#8211;AmeriMerchant (http://www.amerimerchant.com), one of the oldest and largest providers of merchant cash advances in the marketplace, is celebrating its ten year anniversary. Since being founded in 2002 by President and Chief Executive Officer David Goldin, the company has grown to over one hundred employees and has provided hundreds of millions of [...]]]></description>
			<content:encoded><![CDATA[<p>NEW YORK&#8211;(EON: Enhanced Online News)&#8211;AmeriMerchant (http://www.amerimerchant.com),<br />
      one of the oldest and largest providers of merchant cash advances in the<br />
      marketplace, is celebrating its ten year anniversary. Since being<br />
      founded in 2002 by President and Chief Executive Officer David Goldin,<br />
      the company has grown to over one hundred employees and has provided<br />
      hundreds of millions of dollars in working capital to all types of<br />
      businesses in various industries. AmeriMerchant continues to provide<br />
      much needed working capital to small businesses nationwide through its<br />
      alternative working capital products including its merchant cash advance<br />
      program.
    </p>
<p>
      While many similar companies have closed their doors in the recessionary<br />
      climate of the last few years, AmeriMerchant has reached this exciting<br />
      milestone with new and revolutionary programs aimed at helping merchants<br />
      receive the money they need to continue to grow their businesses.
    </p>
<p>
      During these challenging economic times, AmeriMerchant&#8217;s proprietary<br />
      underwriting and technology platform has allowed it to deploy unsecured<br />
      working capital to businesses in an economic climate where business<br />
      lending is at an all-time low. This same platform has demonstrated time<br />
      and time again that AmeriMerchant is helping merchants today by offering<br />
      a default rate lower than many secured business credit products as well<br />
      as AmeriMerchant&#8217;s extremely high customer renewal rate for additional<br />
      capital.
    </p>
<p>
      &#8220;We are very excited to announce our ten year anniversary at<br />
      AmeriMerchant. In today&#8217;s economy, our alternative working capital is<br />
      needed more than ever by businesses as it is still very challenging for<br />
      them to secure the money they need through traditional sources. And I<br />
      want to thank all our merchants, employees and business partners, for<br />
      without them, we wouldn&#8217;t be the company we are today,&#8221; says David<br />
      Goldin, President and CEO of AmeriMerchant.
    </p>
<p>
      About AmeriMerchant
    </p>
<p>
      Founded in 2002, AmeriMerchant is one of the nation&#8217;s oldest and largest<br />
      providers of working capital to merchants against their future<br />
      credit/debit card sales, commonly known as a merchant cash advance.<br />
      Through its sister company CanaFunding, the company also provides<br />
      merchant cash advances to Canadian businesses. AmeriMerchant is<br />
      committed to industry best practices and is a founding member of the<br />
      North American Merchant Advance Association. For additional information<br />
      about AmeriMerchant visit www.amerimerchant.com<br />
      or call 800-267-3790.
    </p>
<p>Consumer Loan Quotes is a full-service, nationwide provider of <a href="http://www.consumerloanquotes.com">payday loans</a>, <a href="http://www.consumerloanquotes.com">cash advances</a> and other personal loans.</p>
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		<title>Online Cash Advances Easy-to-Use Applications</title>
		<link>http://www.consumerloanquotes.com/online-cash-advances-easy-to-use-applications.html</link>
		<comments>http://www.consumerloanquotes.com/online-cash-advances-easy-to-use-applications.html#comments</comments>
		<pubDate>Thu, 26 Jan 2012 23:12:35 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Cash Advances]]></category>

		<guid isPermaLink="false">http://www.consumerloanquotes.com/online-cash-advances-easy-to-use-applications.html</guid>
		<description><![CDATA[January 24, 2012 / Although there seems to be a shortage of cash in general, it is surprising how easy it is to obtain online cash advances! This could be due to the efficient and people oriented service provided by the process and the lenders. On the security side, when you apply for online cash [...]]]></description>
			<content:encoded><![CDATA[<p>January 24, 2012 / </p>
<p>Although there seems to be a shortage of cash in general, it is surprising how easy it is to obtain online cash advances! This could be due to the efficient and people oriented service provided by the process and the lenders.</p>
<p>On the security side, when you apply for online cash advances, you as a client will have your personal information protected as a primary consideration. This is supported by data related to your application, not needing to be forwarded to an unidentified recipient.</p>
<p>Consumer Loan Quotes requires absolutely no credit checks and best of all, you do not even have to leave your home or office to quickly get approved for a <a href="http://www.consumerloanquotes.com">payday loan</a> or <a href="http://www.consumerloanquote<br /></a></p>
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		<title>How to make the most out of a secured card</title>
		<link>http://www.consumerloanquotes.com/how-to-make-the-most-out-of-a-secured-card.html</link>
		<comments>http://www.consumerloanquotes.com/how-to-make-the-most-out-of-a-secured-card.html#comments</comments>
		<pubDate>Thu, 26 Jan 2012 01:16:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Cash Advances]]></category>

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		<description><![CDATA[Dear Erica, I just got my first credit card. Its from Capital One, and they are holding my $49 so I can have a $200 credit. I know thats not much, but Im really excited anyway. I do not want to get into trouble like everyone else. Do you have any advice for me? Amanda [...]]]></description>
			<content:encoded><![CDATA[<p>Dear Erica, </p>
<p>I just got my first credit card. Its from Capital One, and they are holding my $49 so I can have a $200 credit. I know thats not much, but Im really excited anyway. I do not want to get into trouble like everyone else. Do you have any advice for me?  Amanda </p>
<p>Hi Amanda,</p>
<p>Nice job on getting a new credit account! From your description, I gather that it&#8217;s a secured credit card, which is great. I usually recommend them to people who are either just starting out or who need to start over. Because they are collateralized, they&#8217;re far easier to qualify for than those that aren&#8217;t. As you&#8217;ve discovered, by leaving just a small amount of money at the bank for safekeeping, they agree to let you borrow from them using the credit card. Their risk in giving you credit is minimal, since they can claim your deposit if you fail to pay your bill, and you get to enjoy the benefits of charging.</p>
<p>Out of curiosity, I conducted a little research about which credit product you might be holding. I believe it&#8217;s the one that has an annual fee of $29, and an APR of 22.9 percent on purchases and 24.9 percent on cash advances. Assuming this is the case, the yearly cost to have the card is reasonable, but the interest rate is on the high side. While normal for a credit newcomer, it will make rolling any unpaid balances over to the next month (which you should not be doing anyway) rather expensive.</p>
<p>Here&#8217;s what I&#8217;d like you to do:</p>
<p>1.	Charge a couple times a month. You can&#8217;t establish a credit history without charging, so use the card occasionally on things that you can afford. For example, before charging $60 at the supermarket, first make sure that you&#8217;ll have that sum available in your checking account when the bill comes in.</p>
<p>2.	Think before you swipe. Before whipping out the card again, conduct a brief run-though of the amount that you may already owe. So if you charged those groceries, but want to buy concert tickets for $45, ask yourself if you really will have the $105 ready to send in 30 days. If the answer is no, put the plastic back and watch the show on YouTube instead.</p>
<p>3.	Eschew cash advances. Unlike with purchases, there is no interest-free grace period when taking cash from your account. The finance charges kick in immediately. Worse, you&#8217;ll also be assessed a fee equal to 3 percent of the advance, which will be at least $10. Don&#8217;t do it.</p>
<p>4.	Be prompt. If you pay late, the credit card company will charge you a fee. For the account you seem to have, that will be $19. Unless you enjoy lighting a $20 bill on fire, honor thy due date.</p>
<p>5.	Know that &#8220;they&#8221; are watching. Everything you do with the card will end up on your consumer credit reports. Who&#8217;s looking? Everyone with a legitimate business need, including future landlords, employers and lenders. They want to see how you&#8217;ve borrowed and repaid, so keep your reports pristine. This means following the above advice: carry no debt and make every payment on time.</p>
<p>That&#8217;s it. Charge this way, and you&#8217;ll avoid the anxiety and financial problems that you&#8217;re (rightly) so fearful of. Also, when you&#8217;ve used the credit card the right way for a full year, you can venture out and get a different type of card  one that&#8217;s unsecured and that has a grander spending limit, lower interest rates and fees and, possibly, even a rewards program.</p>
<p>Consumer Loan Quotes requires absolutely no credit checks and best of all, you do not even have to leave your home or office to quickly get approved for a <a href="http://www.consumerloanquotes.com">payday loan</a> or <a href="http://www.consumerloanquote<br /></a></p>
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		<title>What Young Adults Should Know About the Dangers of Payday Loans</title>
		<link>http://www.consumerloanquotes.com/what-young-adults-should-know-about-the-dangers-of-payday-loans.html</link>
		<comments>http://www.consumerloanquotes.com/what-young-adults-should-know-about-the-dangers-of-payday-loans.html#comments</comments>
		<pubDate>Wed, 25 Jan 2012 02:29:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Cash Advances]]></category>

		<guid isPermaLink="false">http://www.consumerloanquotes.com/what-young-adults-should-know-about-the-dangers-of-payday-loans.html</guid>
		<description><![CDATA[When you are just starting your adult life, it is very important that you make the right financial decisions. Too many people go out into the real world without the proper financial education, and without this education, they end up making decisions that affect the rest of their lives. Overspending on everyday shopping trips, overusing [...]]]></description>
			<content:encoded><![CDATA[<p>When you are just starting your adult life, it is very important that you make the right financial decisions. Too many people go out into the real world without the proper financial education, and without this education, they end up making decisions that affect the rest of their lives.</p>
<p>Overspending on everyday shopping trips, overusing credit cards, and taking out payday loans are just a few of the many common mistakes these young adults make, and they are also mistakes you should avoid. For now, I would like to inform you about the dangers of payday loans specifically and some of the alternative choices you have when you think you need a payday loan.</p>
<p>What is a Payday Loan?</p>
<p>Payday loans, also called cash advances or paycheck advances, are short-term loans (usually about two weeks) that you must repay by the time you get your next paycheck. The lender will charge you a fee plus interest on the amount you borrow, and loan you the money you need. These types of lenders usually dont require a full credit check, which is why they are so popular with those who have bad credit and a low income. This means that the lender is taking a very large risk when they lend money, which is why payday loans have such high interest rates.</p>
<p>Disadvantages of Payday Loans</p>
<p>Some states have a limit as to how high the annual percentage rate (APR) on these loans can get, and some states dont allow these types of loans at all. However, some states dont restrict payday lenders, and the APR could be anywhere from 300% to 900% in some cases. Even credit cards have a better APR than this. While this may be a very easy way to get cash fast, you should be very careful because some people who take out a payday loan could end up paying more in interest than they originally had to borrow in the first place.</p>
<p>When a person takes out a payday loan, they write a check for the amount borrowed plus a fee that will be cashed by the lender on their next payday. If they arent able to repay the loan at that time, they can roll over the loan to repay it on the following payday. This is where so many people get into trouble. They continue to roll over the loan because they are unable to get by on what is left over from their paycheck, so the loan amount continues to grow with interest. This vicious cycle continues until the person is forced to take out another payday loan to pay off the first payday loan. This process leads to more debt than the persona can handle, and some are forced to go bankrupt because of their decision to take out a payday loan.</p>
<p>Payday loans dont help solve the underlying problem that has lead borrowers to their financial state. It simply puts a Band-Aid on the gaping wound that is their financial situation. Instead of making this horrible decision that could affect you for the rest of your life, you should change your financial habits and make better choices for your financial future.</p>
<p>Alternatives to Payday Loans</p>
<p>There are many lower interest alternatives to payday loans. The following are just a few.</p>
<ul>
<li>Credit union loans Your local credit union may offer small, short-term loans to members.</li>
<li>Small bank loans  Some small banks offer alternatives to those looking into payday loans.</li>
<li>Advances from employers  Ask your employer for a paycheck advance instead of going to a payday lender who will charge interest.</li>
<li>Borrowing from family and friends  Dont let your pride keep you from making the right financial choices, but also make sure you put down in writing exactly what each of you expect from this loan. You dont want money to ruin a friendship or a family relationship.</li>
<li>Build up and emergency fund  Every household should have at least six months worth of expenses saved up in an emergency fund for those tough financial times. If you dont have any savings now, find a way to save this money so you can avoid having to take out a payday loan in the future.</li>
<li>Use your credit cards only for emergencies  If you always have the option to use your credit card, you wont have to worry about taking out a payday loan. Only use your card for emergencies or when you know you will be able to pay off the balance immediately. Not only will you avoid payday loans, but you will also be able to maintain a good credit score, which will help you in the future.</li>
</ul>
<p>Photo Credit: B Rosen</p>
<p>Consumer Loan Quotes is available online, any time, when you need a <a href="http://www.consumerloanquotes.com">fast payday loans</a> or <a href="http://www.consumerloanquotes.com">online cash advance</a> until your next payday.</p>
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		<title>CashAdvance.com Rolls out New Washington Consumer Protection Website</title>
		<link>http://www.consumerloanquotes.com/cashadvance-com-rolls-out-new-washington-consumer-protection-website.html</link>
		<comments>http://www.consumerloanquotes.com/cashadvance-com-rolls-out-new-washington-consumer-protection-website.html#comments</comments>
		<pubDate>Wed, 25 Jan 2012 00:13:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Cash Advances]]></category>

		<guid isPermaLink="false">http://www.consumerloanquotes.com/cashadvance-com-rolls-out-new-washington-consumer-protection-website.html</guid>
		<description><![CDATA[Los Angeles, CA &#8212; (SBWIRE) &#8212; 01/12/2012 &#8212; While the present state of the economy continues to be unsettled, many consumers are availing themselves of cash advances, also known as payday loans, in order to meet their most pressing financial needs. To help consumers protect themselves from predatory lenders, CashAdvance.com has created the Washington Consumer [...]]]></description>
			<content:encoded><![CDATA[<p>Los Angeles, CA &#8212; (SBWIRE) &#8212; 01/12/2012 &#8212; While the present state of the economy continues to be unsettled, many consumers are availing themselves of cash advances, also known as payday loans, in order to meet their most pressing financial needs. To help consumers protect themselves from predatory lenders, CashAdvance.com has created the Washington Consumer Protection page, as well as similar pages for every state in the union.</p>
<p>&#8220;CashAdvance.com strives continually to ensure consumer protection by providing the knowledge and resources necessary for consumers to make informed financial decisions,&#8221; says CashAdvance.com spokesperson Hanna Wellman. &#8220;The Consumer Resource pages are a wealth of information arming consumers with the resources with which they can actively preserve their rights and providing recourse to regulatory agencies capable of remedying fraudulent lending practices.&#8221;</p>
<p>Payday lending is legal in the state of Washington; however, Washington does impose regulations on the practice of cash advances. The maximum loan value is capped at $700; the loan terms length is limited to 31 &#8211; 45 days; lenders are not allowed to offer roll-overs to borrowers; and lenders may not charge more than 15 percent on loans up to $500 and no more than 10 percent on loans from $501 to $700.</p>
<p>CashAdvace.com&#8217;s Washington Consumer Protection page provides additional contact information for state consumer agencies and further information on these short-term loans, their providers, and the terms and conditions that accompany them.</p>
<p>According to leading CashAdvance.com financial news expert Adam Hilliard, Our Washington Consumer Protection page will dispel any misconceptions or uncertainty surrounding the cash advance process in Washington, equip you with practical advice for averting financial crisis, answer your myriad loan questions, and ultimately guide you on the road to taking control of your financial future.</p>
<p>Consumer Loan Quotes is a full-service, nationwide provider of <a href="http://www.consumerloanquotes.com">payday loans</a>, <a href="http://www.consumerloanquotes.com">cash advances</a> and other personal loans.</p>
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