Find yourself in a cash crunch?

Have you ever found youself in a cash crunch? Car troubles or unexpected bills pop up? What do you do in a situation like that? Who can you turn to for help? How do you know who you can trust? In situations like this, a pay day loan company may be your only alternative. Did you know that there are companies online that also do these loans? So you can find help from the comfort of your own home. All you need to qualify for a cash advance is to have a job where you make over $1000 a month, be at least 18 and a US citizen and have an active bank account with direct deposit set up. Your credit rating does not go into play with online payday loans. I don't think it could get any easier.



With the growing number of Cash Advance companies out there, Congress has stepped in to force reform within the industry. There are now 3 catagories based on the state you live in. The first one caps the interest rate and length of loans. The second one allows the consumer and lender to agree upon an interest rate, which the lender can change only with the approval of the consumer. And the third sets a maxium interest rate the lender can charge for a maximum amount they can lend. Whatever your catagory your state falls into, the government has it set up so consumers don't fall into the cycle of debt.