Book store – Bitbooks: A Woman's Perspective on Books http://bitbooks.com/ Bitbooks is a literary blog created by a woman reader for fellow book lovers, about personal reading journeys, book challenges, women in literature. Fri, 24 Jun 2022 08:59:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://bitbooks.com/wp-content/uploads/2021/10/profile-120x120.png Book store – Bitbooks: A Woman's Perspective on Books http://bitbooks.com/ 32 32 Payday loans online in Citrus Noth, despite having bad credit but same-day approval https://bitbooks.com/payday-loans-online-in-citrus-noth-despite-having-bad-credit-but-same-day-approval/ Tue, 08 Feb 2022 21:34:36 +0000 https://bitbooks.com/new-mexico-house-approves-bill-targeting-predatory-lending/ Payday loans online in Citrus Noth, despite having bad credit but same-day approval Sometimes financial difficulties require us to take actions quickly, leaving no time for the next payday.Repairs to the house, a sudden invitations to birthday party or surgery that is urgent, among other.Although the reasons might differ but the issue is the same: […]]]>

Payday loans online in Citrus Noth, despite having bad credit but same-day approval

Sometimes financial difficulties require us to take actions quickly, leaving no time for the next payday.Repairs to the house, a sudden invitations to birthday party or surgery that is urgent, among other.Although the reasons might differ but the issue is the same: how can you get cash in the shortest amount of time?

An easy way to obtain a loan

Payday loans are a great way to take advantage of the many advantages of not being a financial burdens.

  • Complete a easy form
  • Rapid decision as quickly as is possible
  • If you are approved, get the money up to $5000

What exactly is Payday Loans Online?

If you require an advance on your cash online and need your cash fast, Citrus North is a good option.We provide the quickest payday loans and cash advances. We will help you obtain up to $1,000 in one day.If you’d like to be sure that you receive your money quickly it is essential to be sure to follow these steps.

If you’re struggling with cash and cannot wait until your pay day arrives, take payday loans with poor credit online to pay for the costs.Payday loans operates on a basic method: first, funds are transferred to your account, and then you settle any financial concerns.Then , payday is due, and let us deduct the correct amount of money without having to bother you with dates and figures.Each step is completed in a time-saving manner No piles of paper and no queries, not faxing or submitting a credit checks.Just filling out a simple form is enough to initiate your approval process.Our criteria are straightforward since our focus is in addressing your requirements.

When we hear the phrase “bad credit” it’s a common assumption that they are reckless with regards to financial management and managing their finances.The old saying that bad things happen to people who are good is thrown out the window regardless of what you’re applying to when it comes to loans.It could be an automobile, a house or a loan for payday through an institution, they instantly examine you after examining the credit report and in a pleasant manner they advise you to take the time out.Why does that happen?

The person who came up with payday loans for short-term or cash loans, or whatever you’d like to call them – they had a great idea.They were aware that bad things could occur to those who are good.A few examples of reasons one might need to get short-term loans include the sudden loss of a job and not having enough rent/mortgage payment, or a car loan that was slightly behind because of unexpected repairs that you had to pay for and what happens if the lost your air conditioner in your home during summer? payday loans are simple to obtain can turn from a nightmare to a great dream, and one which can be a reality.

What are the process for applying an online payday loans?

The process of applying for short-term loans is not a big deal in any way.Again, anyone who was thinking of this must be one of those who fell over prior to.The reason is that the requirements for receiving loans are simple – you just need to prove that you earn a regular income (steady and preferably from work) or a checking account, and usually have direct deposit, it’s a bonus.Certain companies may need proof of residency as well as an ability to repay back the loan back, but the whole process the other things the loan companies go through will never be required with payday loans or cash loans.Don’t be scared to try it and you’ll see that it is a great help and is simple to acquire and simple to repay.

Are you looking to obtain an online loan?Get Started Now!

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$60 loan climbs to $800 for teen ‘exploited’ by payday lender https://bitbooks.com/60-loan-climbs-to-800-for-teen-exploited-by-payday-lender/ Fri, 04 Feb 2022 00:15:23 +0000 https://bitbooks.com/60-loan-climbs-to-800-for-teen-exploited-by-payday-lender/ Rachelle* was 17 and a bit short on cash when she borrowed $60 early last year from online payday lender Cigno. Key points: $60 loan repayments soared to $800 debt for teen who borrowed money ASIC plans to use its powers of intervention to ban loan models handled by Cigno Consumer advocates say customers are […]]]>

Rachelle* was 17 and a bit short on cash when she borrowed $60 early last year from online payday lender Cigno.

Since then, her quick cash fix has turned into a current debt of $800 that she admits is struggling to repay.

“In just two clicks, it was in my bank,” said Rachelle, who uses a pseudonym to protect her identity.

“But that doesn’t tell you how much it’s going to cost you. It doesn’t tell you how much the late fees are. It doesn’t tell you anything.

“Reimbursements just keep going up and up.”

The 18-year-old, from Palm Island in North Queensland, is among hundreds of borrowers caught off guard by the controversial loan scheme which consumer advocates describe as “one of the of the most harmful individual credit on the market”.

“They only received a small amount but are now paying 10 times more.”

A message from Cigno offering relief loans during COVID-19.(Provided)

“Rapid and harmful debt spirals”

Cigno is a Gold Coast company that processes same day cash loans and whose director and CEO is former super rugby player Mark Swanepoel.

Rachelle said Cigno uses Facebook ads to target customers like her.

His story is all too common for consumer advocates, who are calling on the Australian Securities and Investments Commission (ASIC) to ban Cigno-processed lending models.

In 2020, ASIC filed a lawsuit against Cigno and its supplier BHF Solutions, alleging they violated the nation’s Consumer Credit Protection Act.

Hands hold Australian banknotes and brown wallet.
Cigno is not subject to rules capping the amount of interest that can be charged to customers.(PA: Alan Porritt)

The Federal Court dismissed ASIC’s claim in June 2021, and the full Federal Court has since reserved its decision on ASIC’s appeal.

Separately, ASIC has sought public input to help it decide whether to exercise product intervention powers that would prohibit Cigno’s short-term credit model.

In a joint submission to ASIC, the Consumer Action Law Centre, Financial Rights Legal Centre, Indigenous Consumer Assistance Network (ICAN), Victorian Aboriginal Legal Service and WEjustice said the loans are pushing people into spirals of rapid and more detrimental indebtedness.

“Virtually every consumer we saw who took out such a loan suffered significant harm as a result,” their brief states.

“The fact that an unregulated fringe lending program appears more often in the records than any other major bank or payday lender is a telling indicator of the harm these loans cause in the community.”

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Where to find emergency money if you are unemployed? https://bitbooks.com/where-to-find-emergency-money-if-you-are-unemployed/ Mon, 06 Dec 2021 08:00:00 +0000 https://bitbooks.com/where-to-find-emergency-money-if-you-are-unemployed/ The unemployment rate in the United States is falling at a steady pace. Nevertheless, more Americans are struggling financially. Those with good jobs and a decent credit rating may qualify for a personal loan from traditional financial institutions. But what if you are one of the millions of unemployed? If this seems relevant to you […]]]>

The unemployment rate in the United States is falling at a steady pace. Nevertheless, more Americans are struggling financially. Those with good jobs and a decent credit rating may qualify for a personal loan from traditional financial institutions. But what if you are one of the millions of unemployed? If this seems relevant to you and you need money now, there are immediate options. You have the ability to qualify for certain loans, even with bad credit.

Loan Options for the Unemployed

If nothing works, you still have a few workarounds:

  1. Secured personal loans. The guarantee assures your lender that he can get his money back even if you stop paying your monthly payments. When considering these types of loans, note that if you don’t repay your debt, you will lose collateral.
  2. Home equity loans. If you own real estate, this type of loan helps you borrow money based on the value of your home.
  3. Payday loans. These short-term advances help you get emergency cash with low needs. Most people qualify without encountering any problems. These loans are quick and could help you until you get your next paycheck.
  4. Installment loans. Online lenders also offer loan products for a period of several months. Apart from the term of the loan, the amount available can be up to $5,000.
  5. Cash advances. Credit card holders can get a small cash advance. You should be aware that these loans come with a high interest rate.
  6. Lines of credit. Borrowers who qualify for a personal line of credit can access loans through their credit cards. If you manage to obtain such a loan, your payment will generally fluctuate from month to month.
  7. Pawnbrokers. Another alternative to traditional loans, borrowing from a pawnshop is fast. It involves using an object of value as collateral. The risk here is losing the asset you are using as collateral. Your credit score is irrelevant in this context.

Where the unemployed can apply for a loan

You can apply for a loan from a bank, credit union, or direct lender. The first two options are more traditional, while payday businesses fall under alternative lending. See some typical examples below.

Bank of North Dakota

Loan products: home loans, student loans, business loans, infrastructure loans, grants;

The amounts: vary depending on borrower information;

APR: from 1.59%;

Advantages: repayment terms up to 180 months, wide range of products and services, financial education resources.

1FirstCashAdvance

Loan products: bad credit payday loans, holiday loans, installment loans, emergency cash loans.

The amounts: from $100 to $5,000;

APR: from 200%;

Advantages: fully online application form, financial education resources, no credit checks, complete one application and get offers from many trusted lenders, 24/7 support.

1st Federal Credit Union Members

Loan products: auto loans, personal loans, mortgages, student loans, home equity loans;

The amounts: from $500 to $20,000 and more;

APR: from 3.48%;

Advantages: loyalty programs, digital banking, financial advice, no prepayment penalties

ZuntaFi

Loan products: consumer loans, student loan refinancing, private student loans;

The amounts: from $5,000;

APR: from 2.45%;

Advantages: personalized services, comprehensive support, secure customer reports, mobile operations.

Sun Federal CU

Loan products: home equity, credit card loans, car loans, student loans, personal loans, debt consolidation;

The amounts: from $1,000 or less;

APR: from 3.24%;

Advantages: online banking, federal insurance, secure connection, 24/7 support.

The three factors influencing your qualification

When you apply for a payday loan, three main things directly influence your chances of approval:

  1. Your income. A direct lender will carefully examine your source of income and examine your debt-to-income ratio. They will estimate if you can repay them based on your monthly resources. If you don’t have a traditional job, other sources of income may work with some lenders. They include unemployment benefits, alimony or child support, investments, income from your spouse.
  2. Your credit history. A bad credit rating will generally not prevent direct lenders from accepting your application. Also, many financial lenders do not advertise any credit checks. Nevertheless, having a good credit history is to your advantage. First, it indicates that you are a responsible borrower. Second, a fair score can help you get lower interest rates.
  3. Your legal residence. Terms and conditions for emergency loans vary by state. For example, states like Mississippi, Nebraska, and Missouri cap the loan amount at $500. Other states cap the APR or change the typical 30-day term for a cash advance. Therefore, the offer you receive from lenders also depends on state regulations.

Conclusion

Even if you are unemployed, you can still qualify for a loan. Several options are available to you to access an emergency loan. Some lenders, such as payday loan providers and pawnbrokers, won’t pay much attention to your credit score. However, before going into debt, do a quick search and compare your options. Consider your income and state of residence to estimate your chances. Most importantly, repay your loans on time.

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