Another way to avoid going to a 60 minute payday loan company is by using a credit card advance. This means taking money out of your credit card and paying it back later. The APR is a little higher than with the credit union solution but still much less than with the 60 minute payday loan company. The interest rate here would be about 20-25%.
This option is something that you probably only want to do if you have a good credit score so that you don’t make your credit score look bad. Especially if you think that you might not be able to pay it all back by your next payday.
You can also avoid going to 60 minute payday loan companies by using resources that are all ready available to you. Many banks have overdraft protection available to their patrons. This means that if you write a check without funds in the checking account the bank will give you an automatic loan for the amount of the check to cover it. Then you pay back this loan over time.
It may also be just as effective to talk to the people where you owe the money. They may be very willing to cut you some slack and take partial payments on what you owe or give you a grace period. Many places can be very flexible.
Power 60 minute payday loan matches you with lenders who can get you the funds you need ASAP. Why wait for your cash advance when you can get it the next business day (if approved)? Our paycheck advances are 100% safe and the form is handled completely online - so when you need to prevent bounced checks in your bank account, think of us for your cash needs.
While 60 minute payday loan lenders can be a very convenient way to get money the huge interest rate and the automatic permission that you give them to contact you and your employer when you sign the papers for the loan. This is an instance where the end may not justify the means. This is by the best way to get a 60 minute payday loan.
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