Amazines Free Article Archive
www.amazines.com - Tuesday, November 24, 2020
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133431)
 Advice (161165)
 Affiliate Programs (34757)
 Art and Culture (73747)
 Automotive (145659)
 Blogs (75211)
 Boating (9844)
 Books (17221)
 Buddhism (4128)
 Business (1329007)
 Business News (426379)
 Business Opportunities (366351)
 Camping (10967)
 Career (72751)
 Christianity (15848)
 Collecting (11638)
 Communication (115068)
 Computers (241942)
 Construction (38919)
 Consumer (49685)
 Cooking (17067)
 Copywriting (6649)
 Crafts (18205)
 Cuisine (7543)
 Current Affairs (20419)
 Dating (45889)
 EBooks (19696)
 E-Commerce (48224)
 Education (185300)
 Electronics (83506)
 Email (6407)
 Entertainment (159837)
 Environment (28927)
 Ezine (3039)
 Ezine Publishing (5451)
 Ezine Sites (1550)
 Family & Parenting (110929)
 Fashion & Cosmetics (196424)
 Female Entrepreneurs (11846)
 Feng Shui (131)
 Finance & Investment (310446)
 Fitness (106332)
 Food & Beverages (62916)
 Free Web Resources (7940)
 Gambling (30223)
 Gardening (25148)
 Government (10532)
 Health (629685)
 Hinduism (2206)
 Hobbies (44055)
 Home Business (91582)
 Home Improvement (251109)
 Home Repair (46177)
 Humor (4832)
 Import - Export (5453)
 Insurance (45105)
 Interior Design (29585)
 International Property (3485)
 Internet (191004)
 Internet Marketing (146475)
 Investment (22848)
 Islam (1167)
 Judaism (1356)
 Law (80455)
 Link Popularity (4595)
 Manufacturing (20855)
 Marketing (98993)
 MLM (14136)
 Motivation (18221)
 Music (27012)
 New to the Internet (9496)
 Non-Profit Organizations (4048)
 Online Shopping (129631)
 Organizing (7804)
 Party Ideas (11852)
 Pets (38069)
 Poetry (2234)
 Press Release (12683)
 Public Speaking (5635)
 Publishing (7527)
 Quotes (2407)
 Real Estate (126636)
 Recreation & Leisure (95395)
 Relationships (87678)
 Research (16169)
 Sales (80337)
 Science & Technology (110257)
 Search Engines (23487)
 Self Improvement (153224)
 Seniors (6236)
 Sexuality (35949)
 Small Business (49283)
 Software (83015)
 Spiritual (23475)
 Sports (116078)
 Tax (7659)
 Telecommuting (34067)
 Travel & Tourism (307856)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11747)
 Website Design (56838)
 Website Promotion (36595)
 World News (1000+)
 Writing (35790)
Author Spotlight
DANICA EVANS

Danica Evans is an experienced author and online content writer. She has done her major in psycholog...more
PUSHPA SRIVASTAVA

Pushpa Srivastava is an SEO strategist that helps online business owners figure out how to grow thei...more
ELLISEN WANG

I'm Ellisen, nice to meet you! Obviously you're here because you want to know who I am. Wel...more
CACEY TAYLOR

Im just a man who likes to be happy and see others happy. Im into home business, sports, family, and...more
OLEG KOBETS

Oleg has been providing SEO, Copywriting and Content Management services for 10+ years. For the last...more


What Drove Cash Advance Loans Into Middle-Income Earner Households? by Holly Petherbridge





Article Author Biography
What Drove Cash Advance Loans Into Middle-Income Earner Households? by
Article Posted: 04/01/2014
Article Views: 383
Articles Written: 1161
Word Count: 576
Article Votes: 0
AddThis Social Bookmark Button

What Drove Cash Advance Loans Into Middle-Income Earner Households?


 
Finance & Investment
The struggle to find emergency money has helped to evolve the cash advance industry into a booming business. Direct lenders began to stretch their customer base by offering online loans. They didn't stop there. New terms and conditions to blend a short-term loan with installment loans reached out to even more new customers. The drive to improve service continues. An industry that had once focused on low-income customers now set their sights on helping all credit challenged people.

Cash advance companies had help. The surge of credit card use in the last few decades prompted the additional business. People who once saved to buy most everything with cash now had credit card opportunities mailed directly to them. It didn't take long for the extra buying power to be overused. As debt climbed, so did the number of people who failed to pay the creditors back. It wasn't just one card, but households who had only cash and checks now were juggling multiple credit cards. Minimum payments were never so easy. The new debtors were comfortable sitting in debt until they could no longer afford to do so.

- No credit check help was much appreciated. Credit scores were laden with debt. Debtors needed to find budget relief and alternative money was easy to obtain.

- Convenient online applications attract many new customers who would never want to be seen walking into an actual lender's store. Most people don't want their debt troubles become public knowledge.

- Fast money was a relief. Waking up to money in the bank makes it easy to get emergency payments taken care of. Some lenders sped up the process to bring same day cash if debtors wanted to pay the extra cost.

- Selecting a payoff date with the lender empowered the borrower. Credit statements steer the budget's demands. A customer's pay cycle drives the payoff for short-term loans. It's a good feeling to know that there will be money in the bank when the payment is due.

- Certain cash advance lenders introduced installment loan terms to customers who struggle with quick payoffs. Customers can now split their payoff into 3-4 months of equal amounts making it easier to plan in the budget. These borrowers pay more in fees, but they choose to do so appreciating the bad credit help.

- A few direct lenders are experimenting with 12 month cash advances. The loan amounts are greater as are the costs. An emergency payment must be dealt with. If a customer has hit rock bottom with all other lenders, this loan may be their only way out.

It is never a good idea to make a high priced loan a first option. These direct lenders are here to support last ditch efforts to make ends meet between paychecks. It is important to not rely on these loans too often. The cost will outweigh the good soon enough. It is important to work at keeping money troubles out of your budget. Credit challenges will need to clear to make things right again. It's good to have emergency help when you need it most, but it's better to depend on your own income to support household needs.

Spotya! Online Cash Advances promotes responsible borrowing to keep your debt from raging out of control. Use cash advances in those emergency situations in between paychecks and keep your budget on target. Visit Spotya! to find out more about cash advance applications.

Related Articles - alternative money, Cash Advance, credit challenge help, direct lenders, no credit check loans, online cash advance, short-term loans,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
HELEN STEPHENS

I love to research products and write reviews only high-quality useful products. ...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
JASON NG

Jason Ng has a huge passion for the health and fitness industry as he strongly believes that having ...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
CECILIA KAELIN

Cecilia is a professional Editor-writer (30+ years) and works on a worldwide scale. She has a profes...more
DAMIAN POWELL

Demonstrated exceptional leadership in the government and private sector at an executive level. Skil...more
PAUL RICE

hello everyone l been on the net since 2000 and enjoy my work l work as an affiliate and also have w...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
ADRIAN JOELE

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2020, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license