My car got broken into and they busted my window to get access. It was the rainy season, and so I needed a window fast. The only problem was I did not have the cash. I had a real cash emergency and no one was available to help me. That was when I turned to a payday loan for help. It was not the cheapest option but it came through for me. That is why I am such a big supporter of choice. The high fees associated with these types of loans are not a problem if you use them the way the were designed – very short term.

When I took out the cash advance during my emergency I paid it back within 2 weeks at my next payday. That is the best way to use these loans – quickly. The point I am trying to make is it’s all about choice. It’s nice to have the option when you need it. So back to saving.

What I started doing was increasing my pay deductions by using the “additional amounts” on my pay W-4. So I was going from my average $600 tax return to a $2600 return. All I did was have an extra $75 removed from each paycheck. Now I know all the arguments about investing and using that money to earn interest, but let’s be real. I was young and did not know how to invest or save for emergencies. This made sure that I did, and I ended with a $2600 savings each for emergencies each year.

Now I don’t need to do that any more. My wife is my built in savings account but at least I learned from my emergency situation. The difficulty I faced as a result of the situation lead me to develop good habits of saving money for emergencies.

It’s best for all of us to avoid situations that require short terms loans, but it is nice to know they are available if they are ever needed.

Many people with poor credit worry that they will be turned down for a cash loan. This is an unjustified fear and doesn’t represent the reality of the situation. Cash loans are available to anyone as long as they have a job and a checking account. Your actual credit score makes no difference at all to your cash loan application and no cash loan companies will ever perform a credit check on you.

The reason for this is that cash loans are meant to be quick solutions to emergency problems and cash loan company’s work hard to ensure that this is affordable for most of the population. If they had to perform a full credit search and risk analysis on every single individual, the costs of cash loans would spiral out of control and the completely out of line with the amount of money lent.

The cash loan application is a simple and straightforward process. Generally it is a one page application form which can be e-mailed or faxed to the cash loan company, many of which give you the ability to complete a form on a website. Once a form is completed, it is checked to make sure that the very basic requirements of cash loan companies are met.

No credit check is performed. The cash loan application process generally is completed within a few hours and the money is delivered within 24 hours to a checking account. On receipt of the money, the applicant generally has 14 days in which to pay back the cash loan amount and the charge for the credit.

For a $100 loan, the charge is generally less than $15. When you compare this charge to the damage done to a credit score of bouncing a cheque, coupled with the cost of bouncing a cheque which is typically 2 to 3 times this amount, then you can see what great value a cash loan is.

Many people are put off making a cash loan application because they feel that they are not the typical cash loan customer. Some people believe that cash loans are used only by the very poorest parts of society. The truth is that almost 45% of customers have a college education, over 40% owned their own homes, the vast majority of customers earn between $25,000-$50,000 a year and most of them are under 45 years of age with a family.

It is it’s budget flexibility that makes cash loans so appealing to large sections of the population today. Now that the banks have stopped lending to many people, cash loans provide an invaluable and flexible way for ordinary people to help manage their budgets.

If you need money fast with no questions asked, complete a simple cash loan application today. It couldn’t be simpler, faster or easier.

Several years ago, at the start of my working career, I had situation where I needed cash fast. You see my car got broke into one night and they busted the windows in the process. Of course they stole my stereo and other items, but the main emergency was that it was the rainy season and I needed my windows. At that time my deductible was about $200 or $250. I don’t remember exactly how much, but I didn’t have the money. I had no credit card. I had just graduated from college and I had little or no credit. I most especially did not have a credit card.

Well, I asked my employer for an advance on my paycheck and he denied it. I told him the story but they just would not do it. Payday was about a week and a half away and I was stuck. I was not happy with my tight wad of a boss, but considering I only made about $600 before taxes I could see his concern. Anyway what was I to do? You might think why not go to friends? Well, I did and none of them had the money. At 21 years old my friend and I were plain broke.

Well one of my friends suggested one of those “Cash Advance Stores.” I was very hesitant because I had never done anything like that before. Well, I went to one of the local cash advance stores and the process was quick, simple and painless. I didn’t die, and I wasn’t a loser. I was just in a tight financial situation and that option was available to me. As I recall the $200 cost me about $25 to $30, and I paid it off with my next paycheck. Obviously the fees were higher than a credit card but I didn’t have that option. I got my windows fixed and survived the cash emergency, and all of this happened because I had a choice. Was it the cheapest option? No, but it was an option and I was glad that I had it.

Next time, I will share more about choice and some of the resources you have to make the best ones!

I am obviously not advocating “no laws” and “no regulations” that would be silly. It just seems to me that we have gone so far the other way that it is completely out of control. That is where a cash advance loan come in. It’s about the American right to choose. The loan companies provide a service, although an expensive one at times, but they allow us options so that we can choose. If and when we need a loan we can get one. Even though you may personally frown upon this type of loan as being for “the poor” the reality is these types of loans are used by everyday average citizens. Some would want to take this right away from us, like they do most things that call for people to be free to make their own decisions and take responsibility. I for one say give me a choice. Let me make my own decisions and enjoy that privilege and responsibility that comes from those choices.

If you have ever faced a tough time and needed some assistance then you will understand where I am coming from. I was in a situation where I had an extreme cash emergency and they only place I had left was a payday loan store. It was not a fun time, but it worked for me. It did not cost me too much because I paid it back fast.

In Part 2, I will detail the situation and why I made the choice I made and what was the outcome.

Many people believe that this type of credit has always been restricted to the very poorest in society. This is definitely not the case when you look at the current statistics of people are going in search of a payroll cash advance.

44% of applicants for this type of credit are homeowners. 42% have a college education, applicants average incomes are typically between $25,000 and $50,000 per year. Middle America is lining up for a payroll cash advance … and it’s no surprise.

The average American is less than two months away from bankruptcy. That means that when income has to be replaced due to redundancy, many families have less than eight weeks in which to replace the income or face losing her home, car and all their possessions.

The savings rate in America today is lower than virtually any other time in history. Wages are falling and the price of everyday goods continues to rise so it is no surprise that budgets across America are stretched to breaking point. Many have already broken.

One of the keys tools that Americans are using today to help give their tight budgets some flexibility is a payroll cash advance. After a two-minute application form, a payroll cash advance company will typically give an answer as to whether or not they can provide a loan. The main criteria they are looking for is that you have a job, a checking account and are over 18 years of age.

If you fit all of these criteria, you will typically get a positive response to your application for funds within two hours. After that, the funds will be deposited into your account within 24 hours. Upon receipt of the funds, you typically have 14 days to repay them. This is arranged in advance and normally involves an automatic debit from your checking account at the date at which you’re payroll check is deposited.

This makes the entire process easy, seamless and simple. In addition, because of the Internet you can now you have complete privacy and no longer have to queue up in a shop. The amount you can borrow is generally between $100 and $1500. The costs for this type of credit are low when you look at the alternatives.

Many Americans today are bouncing checks to cope with unforeseen emergencies. The typical fee for a bounced check can be over $50 and this activity also damages your credit rating. This means that in future, you will pay much more for your credit and over a long period of time…one bounced check can cost you thousands of dollars. Compared to the $15 you pay for a payroll cash advance, bouncing checks is crazy.

If you have a budgetary crisis and you need some fast and immediate cash with no questions asked, carefully consider a payroll cash advance. It could save you thousands.

When you couple this with the rising cost of everyday expenses like food, it isn’t hard to see how the budgets across America are stretched to breaking point. One of the key problems that people have today is they don’t know where to turn whenever disaster or emergency strikes.

The answer to this question more frequently than ever is that they are turning to payday loans. Almost 40% of Americans are less than two months away from bankruptcy. The savings rates in America are at an all-time low and many households don’t have any savings at all.

Quite the opposite, they are drowning in debt and their stock portfolios and property portfolios have lost an incredible amount of value. This is reflected in the type of customers which now approach payday loan companies to help in times of financial difficulty.

Many people think that they are generally people on the bottom rung of society’s ladder. This couldn’t be further from the truth. The vast majority of payday loan customers are middle-class Americans. 44% of them their own homes and 42% of them have a college education. They are predominantly under 45 and have a family to feed.

That means if a household loses an income provider, they must replace that income within eight weeks or face the real prospect of losing their home, their car and all their possessions. In order to try and prevent this fate befalling millions of Americans, payday loan companies have stepped into the breach.

They will lend money with no regard to your previous credit record and in fact your previous credit record and will not even be checked. In addition, the transaction is never reported to credit reference agencies.

The money they will forward to you is simple, fast and easy. After a two-minute application, typically made on a website, the money is forwarded to your checking account in say 24 hours upon acceptance within a couple of hours. The main conditions for acceptance are that you have a job, a checking account and are over 18 years of age.

Once the payday loans company has verified these simple facts, your money is deposited. Once you get the money, you agree a date with the payday loan company and the money is withdrawn dramatically from your checking account on the date on which you specify.

This normally coincides with your next pay cheque date. In most cases, the time limit for a repayment is around 14 days. This means that this type of loan isn’t available to remodelling your kitchen or buy new toys.

It is genuinely and specifically designed to help you in an emergency. If you have a problem and you need urgent cash with very few questions asked and no reference to your previous credit history, the ideal solution for you could be payday loans.

Almost 40% of households in America are less than a couple of pay checks away from bankruptcy. This means that if a household loses a wage, that wage must be replaced within two months. The problems this is giving to ordinary working people are immense. People are losing their homes, cars and all possessions at a record rate. Unemployment is skyrocketing and the value of stock market investments and real estate has plummeted.

One of the solutions to a short-term temporary budgetary crisis is to have a payday loan. These loans are extremely popular are several reasons.

First of all, no credit record scoring is required by the lender. This means that it doesn’t matter what your previous credit history was. The loan is forwarded on your ability to repay and is secured against your next pay check. Provided you are in employment and have a checking account, you will be able to take advantage of this flexible type of credit.

Once the application process is completed, the money is generally available within 24 hours. The stipulation you enter into with the company is that you will pay the loan back plus a small fee on a date within 14 days. At this time, the loan will be automatically deducted from your bank account as prearranged.

You can borrow anywhere between $100 and $1500 at any one time. The fee for borrowing $100 is $15. When you compare this to the cost of bouncing a check, it works out at roughly one third of what many Americans pay today when a check is bounced.

In addition, when bouncing a check, the credit profile of the customer is lowered and any future credit is only extended at a higher interest rate. Over a very long period, this can have extremely detrimental consequences.

Many people today think that this type of credit is accessible only to those at the very bottom rung of society. This couldn’t be further from the truth. Of all applicants who apply for a payday loan, 42% own their own homes, 44% have a college education and the average salary of an applicant is between $25,000 and $50,000.

This solution has gone into mainstream America in the wake of banks and credit card companies withdrawing from lending to all but the most perfect customers.

If you have a budget emergency which requires fast cash with no questions asked, you should consider a payday loan.

In general credit and fast cash from the banks is getting harder to come by for a large portion of the population. This credit crunch means that people who were already living with tight budgets are extremely close to financial ruin. While it’s easy to focus on only the negative press that the recession is getting there are also many steps you can take to survive and improve your financial outlook during the economic recession. Here are some simple steps.

BE A VALUABLE TEAM PLAYER AT WORK

No one wants to lose a job. However, many people are losing there jobs during these difficult financial times. So do what you can to make sure you won’t be the next one to lose a job. Maintain an excellent attendance record and arrive on time. Be willing to step up and take on additional work and projects. Avoid conflicts with peers and supervisors as they can escalate under stress. This may seem obvious, but many people rather, “be right” than to be employed. It’s not worth it and during this recession more people than ever are competing for the same jobs.

BE OPEN ABOUT YOUR FINANCIAL SITUATION

No one likes to admit they are facing financial problems, but the alternative may be worse. Sit down and do a thorough evaluation of your current financial situation. After you are certain about where you are at share this with family and friends. Let them know you are looking for support and not money and the conversation will go better. Talking over your problems will help you relieve stress, and the perspective of others may provide solutions that you have not seen yet.

AVOID ANY NEW LONG TERM DEBT

One thing to try and remember is that hard times don’t last forever. Even the great depression eventually came to an end. So now is the time to avoid debt that is going to seriously strain your budget. Obviously, people have things that come up and you can’t avoid some short term debt, but avoid it as much as possible. Maybe now is the time to wait for the flat screen TV that will take 5 years to pay off.

Even though the banks aren’t lending in the way that they were in the past, if you follow the steps above they can help you through this tough time. Under the current economic conditions people are much less willing to put emergency expenditure on to credit cards and are instead looking for a more flexible and short-term way to manage the occasional emergency need for cash.

Cash advance loans are short-term loans and are repayable generally within a couple of weeks, more and more people are using them to handle those inevitable emergencies which strike us all from time to time. People are able to borrow anywhere from $100-$1500 on a short-term basis using this fast and flexible method. Since these loans are available today online, these easy budgeting tools are providing much-needed flexibility and access to credit for many people.

One is that at no point in the payday loan application process is a credit check required. This means that Americans who have fallen on hard times and are longer able to access mainstream credit can still have some budgetary flexibility during emergencies. It is this emergency flexibility for which payday loans were designed. This type of credit isn’t suitable for remodeling your kitchen.

A payday loan is generally available for amounts between $100 and $1500 for a period of up to 14 days. The application process for this is very easy and normally entails a one-page application form which can be completed in less than two minutes. The application is then sent to the lender. The lenders key priority is to ensure that the applicant is able to repay the loan within 14 days. They want to ensure that the applicant is borrowing within their means.

Almost every applicant who applies for a payday loan is accepted provided they have satisfied three very basic criteria. Those criteria are that the applicant must be employed, they must have a checking account and they must be over 18 years of age. Once the company has satisfied themselves that these criteria have been met, they will typically advance loans to the applicants’ checking account within 24 hours. Once alone has been forwarded, on a prearranged date with the applicant, the loan will be due for repayment within 14 days.

The repayment of the loan and the fee attached to it are simply automatically deducted from the applicant’s checking account on their next payday.

Payday loan companies are keen to ensure that the applicants understand basic financial management. Many of them have in-depth resources which they encourage their clients to understand and take advantage of. These resources will help clients to only use a payday loans for the purposes for which they were designed.

If you have a budget emergency and if you don’t know where to turn once the bank and credit card companies have turned you down, you could try a payday loan.

The combination of their features is excellent. When you consider that your credit rating will be affected, and that you can avoid the cost of bouncing a check, but you will not be credit scored, they are an excellent solution. You simply have to be in employment and have a checking account. The ease and flexibility of payday loans becomes immediately apparent. It is for this reason that the use is increasing at a rapid rate across America today.

This stigma attached to these types of credit arrangements has also been removed. Since the credit crunch began, credit card companies have severely restricted their lending to ordinary Americans. This has coincided with a fall in real wages and increasing prices. The combination of these facts has pushed American household budgets to breaking point.

Recent evidence has suggested that as many as 40% of the American population are less than two months from bankruptcy. Should people lose their job, their budgets simply cannot cope.

The savings rate in America today is the lowest that it has been since the great depression. People have no buffer zone with which to cope with financial emergencies.

Applying for a payday loan online gives a simple, fast and flexible solution to this problem. The application process takes less than two minutes and a decision is granted generally within one or two hours. The lenders request is that you have a job, a checking account and are over 18 years of age.

Provided you satisfy these three basic criteria, you are almost guaranteed to be accepted. The acceptance has nothing to do with your credit rating and no credit record will be checked and no credit agency will ever be informed of your transaction. This not only gives you security but also privacy.

Once you have been accepted, the amount you can borrow is determined by your ability to repay at your next pay day date. You will be eligible to borrow anywhere between $100 and $1500 and the amount will be determined by your salary and your ability to repay within 14 days.

This simple and streamlined process keeps the costs low for the payday company so that they can pass the savings on to you. The typical cost of a $100 is only $15. Many Americans today are paying more than three times this amount if they bounce a cheque. In addition, if they do bounce a cheque, they will have damaged their credit rating and will pay a higher interest-rate future for any borrowing they do through mainstream banks and credit card companies.

Payday loan online lending is now mainstream in America. Over 42% of applicants have college degrees, 44% own their own homes and the average earnings of applicants is between $25,000 and $50,000.

The myth about this type of lending being only used by the very poorest in society is completely dispelled by even a brief examination of the actual facts. If you have a budget emergency and you are unsure about how to address it, you should contact a company which can provide you with a payday loan online. It is private, fast, easy and secure.