Category: Blog

Apply Online Because it takes JUST 3 MINUTES! Get Instantly Approved Because our approval process is QUICK! Get Funded in a Day Yes, you read that RIGHT! What is Chapter 7 bankruptcy? Chapter 7 helps a debtor to discharge all the debts on him/ her without having to repay them. Mainly all the unsecured debts are likely to be included in bankruptcy. And by filing for its protection, the court’s stay goes into effect automatically. When this happens, your payday creditor will not be able to threaten, sue, call you or garnish your wages. To get your debts listed in Chapter 7, firstly, you need to qualify a ‘Means Test’.… Read More

Apply Online Because it takes JUST 3 MINUTES! Get Instantly Approved Because our approval process is QUICK! Get Funded in a Day Yes, you read that RIGHT! How actually the payday loans work? Payday loans facilitate people in cash crisis with immediate cash credits. Here the payday lenders do not even perform a credit check and therefore can quickly credit your account with the requested amount on the basis of your current income and its stability. While applying for the loan online, it is also asked to present some of the documents that are to be submitted digitally. Cash advance loans are supposed to be repaid on your next payday.… Read More

Apply Online Because it takes JUST 3 MINUTES! Get Instantly Approved Because our approval process is QUICK! Get Funded in a Day Yes, you read that RIGHT! Let us know how much of your wages can be garnished! Ignoring to pay back your debts may result in the wage garnishment. This is a judicial process of authorizing a bank or an employer to deduct a certain sum of money from one’s bank account, on failing to repay any of his/ her loan amount. But there is a limitation on the amount that is supposed to be deducted. The maximum possible percent of wages can be garnished is lower of the… Read More

Apply Online Because it takes JUST 3 MINUTES! Get Instantly Approved Because our approval process is QUICK! Get Funded in a Day Yes, you read that RIGHT! Did you fail to repay the Payday Loan? If you are one of those who thinks ‘Can I be arrested if I don’t pay my payday loan?’ Then there is a positive answer for you stating, you cannot be arrested if you can’t repay your payday loans. But the consequences are not favorable for you either. You can still be taken to the court and as per the court’s judgement, your wages can also be garnished. But, then there are various ways by… Read More

Apply Online Because it takes JUST 3 MINUTES! Get Instantly Approved Because our approval process is QUICK! Get Funded in a Day Yes, you read that RIGHT! What happen if you don’t pay back your payday loan? Typically, payday loans are paid back when you get your next paycheck. In this loan process, you are obliged to authorize the payday lenders to access your bank account, so that they can debit the loan money along with interests from your bank account, when you get paid on your next payday. But there can be situations, where you may not have enough cash to repay your loans. In such cases, you may… Read More

Apply Online Because it takes JUST 3 MINUTES! Get Instantly Approved Because our approval process is QUICK! Get Funded in a Day Yes, you read that RIGHT! What are Payday Loans? Payday Loans are short term loans that are especially designed for fulfilling your cash emergencies. These come with various repayment facilities, but a typical payday loan is supposed to be repaid in the next salary day. The reason why these loans are always high in demand is thier instant receipt of the loan amount. The average payday loan is subjected to be availed online with some few steps of application and also requires few of your basic documents. Payday… Read More

Apply Online Because it takes JUST 3 MINUTES! Get Instantly Approved Because our approval process is QUICK! Get Funded in a Day Yes, you read that RIGHT! Payday Loans Can’t Damage Your Credit Score Generally, most of the payday lenders like PaydayLoanTeller, do not report any information about these loans to major national credit reporting companies. Hence, payday loans will not hurt your credit score, unless it is repaid. But, if you have unpaid payday loans, then these do affect your credit rating. Because when you don’t pay off your payday loans then your lender might sell your debt to debt collections. And, these debt collectors can also report your… Read More

Apply Online Because it takes JUST 3 MINUTES! Get Instantly Approved Because our approval process is QUICK! Get Funded in a Day Yes, you read that RIGHT! You will not go to jail if you do not pay When you take a payday loan; you agree with all the terms and conditions of the payday lender. And, if you do not repay it, then it is simply a breach of contract. You cannot be considered as a criminal and hence cannot be prosecuted or jailed. But for not paying back payday loans, you may face a civil suit followed by court’s summons. Therefore, you should always enter into negotiations with… Read More

Apply Online Because it takes JUST 3 MINUTES! Get Instantly Approved Because our approval process is QUICK! Get Funded in a Day Yes, you read that RIGHT! Will Go To Jail If I Don’t Pay Off My Payday Loans? It has often been noticed that the borrowers are scared of the fact that if they can’t pay or don’t pay their payday loans; they will be jailed. But you can rest assured that even if you fail to make the payment, no payday lender can send you to jail. When payday loans go wrong, then your payday lenders can only sell your debts to collections. And the most, the collections… Read More

Apply Online Because it takes JUST 3 MINUTES! Get Instantly Approved Because our approval process is QUICK! Get Funded in a Day Yes, you read that RIGHT! Payday Loans Don’t Directly Affect Your Credit Report Are you among the ones who keeps on worrying whether payday lending will show up on your credit report or not? Then the answer is – ‘kind of’! Yes, the payday loans don’t directly appear on your credit history, as there is a ‘soft’ credit check done on your credit score that doesn’t affect your credit score. But, the next time when you apply for the personal loan from the traditional lenders like banks; they… Read More