Introduction –
There are many people who need urgent cash. But the saddest part is that, they cannot take a loan as the bank lenders do not provide for a quick urgent cash loan. But there is good news for all those people who are in need of urgent cash loans. Now, you can take loans from slick cash. Here at slick cash, you get instant online loans, with an approved financing options. So, there is no need for you to worry about getting urgent cash loans, as with slick cash you can get loans in an instance and also, you don’t have to go through the hassles of lengthy paperwork and so on.
Instant Online Payday Loans –
One of the best parts that you will know about the instant online payday loans is that, now you can get loans easily without the need of going through a hard credit check. The process of loan application is completely an online process and you can get loans instantly. Also, completing the online application takes just few minutes and with few clicks you can apply for a loan online, which is instant. Also, this is way too different from an online loan process i.e. the traditional method of loan application.
Best Features of the Loan –
Some of the best features of the loan is that, you can get a payday loan online and the amount will range from $100 to $1000. Certain things are there which depends on the lender and also, on the state regulations. There may be some states, where you can get low maximum loan amount. The interest rates at which you will be taking the loan will be a friendly one, not the one that burns a hole in your purse. But yes, in some cases, the interest rates will be higher. For that, you can check the above-mentioned link online. The repayment terms are short and also helpful. Plus, there are also high chances where you can improve your credit score.
Merits of Online Payday Loans –
One of the main merits of the online payday loans is that, you get a quick fund. Also, the application process is streamlined and you need minimal documentation. Then, comes the quick funding. Besides all of that, the process of loan application is simplified & the funds will be reflected in your account within one business day. Also, you can apply at any hour of the day or night. Plus, to qualify for an online payday loan, you should be more than 18 years of age. You should also have your government approved ID card.
Points to Ponder –
- Payday loans come with an APR (annual percentage rate) ranging from 300 to 600 percent or more.
- You may be charged with an origination fee which is 1.5% of the loan amount.
- It is important that you carefully go through the fees T&C before accepting the loans.
- Within 2 to 4 weeks, you will be required to pay back the payday loans, which is a short-term period.
- Add-on fees and interest rates will be charged if you fail to repay in time.