American Payday Loan
Get approved for an American payday loan in 24 Hours! We understand the financial hardship is never convenient and sometimes you just need some cash to tie you over to your next paycheck. We also understand that when you need an advance payday loan you need it FAST! After you complete our application and it has been determined that you meet our requirements, you will be approved within 24-48 hours. Just write us a check and your paydayloan advance will be deposited directly into your bank account immediately.
Some non-profit organizations usually allow you to enroll without paying this fee. But the profitable companies will ask you to send them a money order for $300 or more before they even take you in as a client. This is because they need to get all your account statements and balances and contact information to check with all your creditors to see who will drop the interest to 0%, and who will participate in the program at all. This preliminary work takes time and resources on your debt consolidation company's part, so they want some compensation up front.
Some of the "for profit" companies take your money order first, and then send you a proposal with the final agreement. Then you see something you don't like on the contract, quit now and you forfeit your deposit. This is why it's so important to get everything in writing before you enroll.
Monthly Payment Quote
When you first contact these companies to determine what your monthly payment will be, they can only estimate how much you'll actually be paying, because they do not accurately know all your balances. You may think you know your balances, but when you send in your statements, they discover your balances are more than you told them, and that will jack up your payment from their original quote. You have to send them your latest bill from each creditor, then they have to call them up and see who will participate in the program, and who will not, then once they have heard back from all your creditors, they can add it all up and tell you what your monthly payments will be. This is sort of a catch 22 for you because you don't know if you want to enroll with this company, yet they can't get you started without a deposit, so you have to send money to a company that you might not want to sign with. This is why we recommend the non profit organizations, because they either charge a small fee of $60-$100 to get started, which is way cheaper, or sometimes no fee at all. Never agree to enroll in the program until you have seen a contract specifically detailing your entire consolidation program, including a listing of all the accounts and balances in the program, the interest if any, what your monthly payment will be, how many months, and any other little fees that they sneak past you. Any reputable company should give your deposit back within 30 days if you don't enroll. If you do not have a written agreement, do not send the money! Assume every penny you send them is completely non-refundable. You need to know what accounts they are claiming will be paid under this program. If they don't itemize this, don't sign up.
When you itemize all the accounts you want to be included in the plan, make sure you have all your ducks in a row and give them all the information they need in one shot. Don't go back to them after they went through all the trouble of determining your monthly payment and add another account to the pile. They'll have to start over, that will increase your payments, accusations will fly, and it just becomes a big pain in the neck for everyone. Do your homework first, and send the consolidation company one packet containing everything they need to get started. Don't spoon-feed them information, as time is of the essence. Do not sign their contract unless you agree with everything in it.