Friday, May 30, 2008

Yes, You Can Get a Loan With Bad Credit

ThinkCash is a short term, personal loan company which lends amounts from $250 to $2,500 for emergency times like when the bills have to be paid or to avoid a bounced check. At ThinkCash, the application can be filled out online and the money will be wired by the next business day. You can easily get bad credit loans.

ThinkCash is different than a Payday Loan or Cash Advance Company because ThinkCash rates are typically 25 – 75% lower than payday loans. This is very much interesting. I did not believe when I heard this but later came to know that this is true from their site. Their convenient payment options are the real benefit as unlike Payday loans, ThinkCash loans loans can be paid in several installments - or pay off completely at any time - with no penalties.

Many online payday lenders charge $20 to $30 per hundred dollars borrowed for every 2 weeks you keep the loan. That's a 521% to 782% APR! And even if you pay off the loan early, you may still owe the entire loan fee. ThinkCash charges just $1 per day per $100 borrowed (365% APR) for small, short-term loans and as little as 24 cents per day per $100 borrowed (87% APR) for larger loans. Better yet, at ThinkCash they permit & encourage early payment with no penalties. So if you pay off your loan in 3 days, you'll only pay 3 days worth of interest.

Note: ThinkCash provides fast access to cash for customers who need between $250 and $2500. Although their loans are lower cost than payday loans, you may be eligible for lower cost forms of credit. They encourage you to evaluate all of your credit alternatives.

They are also offering installment loans. When you need money fast for an unexpected financial emergency, installment loans can be a fast, easy way to take care of your monetary needs. Installment loans can be an excellent solution to your problem. If you need an uncomplicated borrowing alternative, ThinkCash can provide you a safe, easy, fast way to get your money. So, what are installment loans? They are a means of borrowing money for short-term financial needs. Once you receive your money, you simply make the payments until your balance is paid off. Your payment will be the same for the entire time that you carry a balance. Easy budgeting, predictable payments and a definite date of when the loan will be paid off can take a lot of worry off of your mind. ThinkCash will even work with the pay schedule of your job; making due dates the same as your payday. We offer automatic withdrawals, e-mail notification of upcoming due dates, and online access to your account.

0 comments: