Not too long ago, the only ways to get an unsecured loan was the stuff of movies. Going to a loan shark and paying an outrageous percentage in interest – using your bones as collateral – wasn’t far-fetched. Bringing an item with value to a pawnbroker was nearly as bad, with usury rates just shy of whatever the local laws allow with your item at risk in case of default on the loan. Car title loans fell into a similar category, if you owned your vehicle and it was in salable running condition, a loan could be secured in a relatively short time in relation to trying to apply for a loan from a traditional lending institution, such as a bank, credit union or savings and loan association.
Brick and mortar storefronts money stores were representative of the “next generation” of to get fast cash, in amounts varying dependent on your proven ability to repay the loan or at the very least, pay the current interest on the loan.
Today instant communications, cellphone WiFi and G3 technology, and virtually universal access to the internet have made getting a loan as transparent and painless option as using a credit or debit card. What distinguishes the get fast cash loan or payday loans is that you do not need to have the money in your account, as the payment of the loan is based on the date of your next paycheck. This makes a quick loan for one-time emergency expenses, such as a broken water pipe or other household crisis, fast and easy.
Benefits of a Reputable, Reliable and Secure Online Loan Service
You can apply in advance of the need for a loan. It’s fast, easy and free to register with a reputable online loan service. If you plan ahead of a perceived need, you can get fast cash in a matter of hours, sometimes in a matter of minutes, subject to the time of day, the method of cash transfer and confirmation by the lending service. Typically, the service is a facilitator, acting as an agent for both lenders and borrowers. Once the source of money for the loan is determined, it is a simple matter of transferring funds from one to the other. This is all transparent to you, you need to do nothing but request the loan; all the other details are handled by the service. The larger services typically handle thousands of transactions every day. The process is highly automated and technologically advanced, resulting in the fastest possible response time between the request and access to the loaned amount. This can be critical in the event of an emergency.
Advice and Tips
- Identify a reputable and reliable loan service
- Register prior to the anticipated need
- Use the loan service only for emergency or crisis situations
- Pay off the entire loan as soon as possible
- Ensure the payment of interest AND partial payment on principle are available options
Due diligence is necessary on your part. Research the loan service you are considering and do not necessarily believe glowing testimonials on the loan service’s website. Less than reputable loan services exist as well as long-established and reliable services; it is your responsibility to determine what service you choose to use to get cash fast.
Register with the service. You will need to provide the minimum amount of information required to confirm your identification. This will typically include your Driver’s License Number, Social Security Number – in some cases, an EIN also suffices – and your usual personal data including a contact phone number. Some banking information will also be required, including the ABA routing number and account number – those numbers you see on the bottom of a check – and enough information for the bank to confirm your identity to the loan service.
Confirmation is dependent on the time of the application. It is best to do the registration process during routine working hours.
Test the service with a small loan. You can get an idea of how long a loan takes to process and if there are issues with a very minor get fast cash amount, you can count on them being worse with a larger amount.
With today’s technology, fast cash is as easy as using the phone. Register now and you can be secure in the knowledge you have access to quick cash in any emergency.