Online cash advance
Online payday advance
Quick cash loans
Bad credit personal loans
All these names refer to short term financial products where cash is deposited the same or next business day. Customer service by payday lenders for loan applications is by email or over the phone
For this reason, they are generally not available to the unemployed. If you are unemployed and you need fast cash you might want to consider a pawnbroker or lodging an asset with a friend or colleague as security to borrow from them.
Green Touch offers other kinds of quick loans online: Installment loans or title loans for customers who would like longer repayment periods and we also offer a merchant cash advance option for companies needing short-term funds.
Please follow the links provided for more information or to apply.
A common misconception is that for online payday loans no credit check is generally required, but lenders may query various consumer databases, such as CL Verify, TeleTrack or DataX in order to verify your identity and review your credit score.
Imagine your car has broken down and you can’t get to work resulting in loss of income or even loss of your job.
Now imagine you don’t have a good relationship with a bank which will allow you to get an almost instant loan or overdraft.
Whilst in some cases not it would not be entirely sensible to use funds for all the following cases, an online cash advance is used for:
medical emergencies, heating repair, vehicle repair, rent bills, utility bills, overdrawn checking accounts, travel costs, funeral costs, creditors, obtaining further funds after credit cards reach their limit, or even posting bail.
What should you do? Our free online loans – payday now is possibly the answer.
Via cell phone or PC, fill our 5-minute easy application form. The form will be submitted to multiple lenders who make an instant decision.
Generally speaking, lenders know within a minute or two if they will issue the online loan to you. If your application is accepted the funds will be transferred immediately to your bank account, allowing you to deal with your financial emergency.
On the date agreed when you expect to receive your salary, the lender will take back the agreed payday advance from your bank account. In the case of difficulty with your payment, some lenders will extend the duration of your pay advance loan up to approximately 5 weeks from the initial payment.
Delayed repayment can result in an interest spiral making the loan unaffordable, so you should consider this possibility carefully before entering the initial agreement.
Before making a payday loan online application consider how much you can afford to pay back and the likelihood that you will not have sufficient funds when the debt falls due.
If you find yourself in a situation where your debts are spiraling, you may want to consider Green Touch’s “rescue” payday loan consolidation which should result in lower costs going forward.
The amounts borrowed for payday loans tend to be between $100 and $1000. If you need more, apply for a lower interest installment loan. The annual percentage rate ranges from 261% to 1304% and is determined by the duration of the debt. The loan amount can vary by state as well as the rates and terms
Whilst these rates seem prohibitive over a year, payday advance loans are intended to be made for less than 60 days.
If the credit is used responsibly and repaid on the due date the interest charges can be reasonable considering the extra legwork and security one might have to put up to secure traditional credit and also considering the cost of due diligence for the lender.
The costs of the advance when used properly cover the risk of non-payment and also the administrative costs of maintaining the relationship with the customer.
At Green touch, we are proud that we can help out so many people with cash advance loans. We are a responsible service and we inform borrowers of the potential pitfalls when taking a cash loan online. This means YOU are armed and well informed to make your own choices.
Green Touch is not to be confused with Green Line Loans nor Greenline Loans, Green Loans, or any similarly named payday loans companies.
As with other types of loan from other lenders, you need to meet certain criteria in order to qualify for a payday loan from Green Touch. You must typically:
a) Be a US citizen
b) Be 18 years or older
c) Have a checking account with direct deposit eligibility
d) Have held steady employment in recent months
The majority of cash advance lenders – including banks and other financial institutions – require these four criteria. A checking account that receives direct deposits is typically a requirement, as this is the way your loan will be paid to you. Proof of steady employment is usually required so that the online payday loan lenders are confident that you can repay your loan on time.