Recent Blog Posts in November 2010
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| State Attorney General Sues Another Payday Lender |
| Posted By ConnectedCommunities |
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In Charleston, local news sources have reported that State Attorney General Darrell McGraw has filed another lawsuit against a local payday loan lender.
At this time, McGraw's office is looking to obtain $3.9 million in penalties from Government Employees Credit Center Inc. and the Dollar Financial Group. The Office alleges that both organizations are guilty of collecting on illegal payday loans in contempt of a court order.
Recently, McGraw's Office had sued GECC in Delaware after the company was issued a federal court order to stop collecting on loans. Despite the court order, it is said that the company continued to make collections and violated the court's wishes.
Furthermore, in his lawsuits, McGraw says that the companies do not have licenses to conduct business in West Virginia. Today, McGraw's Office has sued 14 internet payday lenders.
If you would like to receive a short-term loan until your next paycheck, apply for a payday loan now!
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| Use Cash Loans for Last Minute Holiday Shopping |
| Posted By ConnectedCommunities |
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With the holidays right around the corner, many people are planning their shopping trips on Back Friday and beyond. However, there are some people who would like to purchase gifts, but are in need of a short term loan so they can buy presents for their family and friends.
If you find that you are short on cash this holiday season, why not consider applying for a cash loan? With these short term loans, you can borrow the money you need to get your holiday shopping done on time. Then, all you have to do is repay the amount you owe plus any interest that has accrued. It really is that simple!
Applying is easy and can be done over the internet - without a credit check.
Ready to get the funds you need to complete your holiday shopping this season? Apply online for a cash loan and get a response within moments. If you are approved, the funds will be deposited into your bank account within 24 hours.
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| Who Suffers When Legislators Get Tough on Payday Loan Lenders? |
| Posted By ConnectedCommunities |
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Many state legislators are trying hard to eliminate cash advance stores and payday loan lenders. However, even though they may eliminate the lenders offering these types of loans, they will not be able to eliminate people's need for short-term loans anytime soon.
In today's grueling economy where job loss is at an all time high, more and more consumers are in need of payday loans, cash loans and cash advances to make ends meet. Without short-term loans, many people would not have the money they need to pay for rent or even their groceries when times get tough.
Another problem is that few states have taken measures to pass legislation that would annual interest rates at 36% APR and that has forced many payday loan lending companies to shut their doors. This means that less options are available to consumers who are in dire need of emergency cash.
If you are in need of emergency funds for whatever reason, apply online for your cash loan now!
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Continue reading "Who Suffers When Legislators Get Tough on Payday Loan Lenders?" »
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| Common Myths Surrounding Cash Loans |
| Posted By ConnectedCommunities |
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There are several myths surrounding cash loans and payday loans.
One of the most common is that payday loan lenders add debt to those individuals who are ready have a substantial amount of debt on their shoulders. However, most payday lenders target people who are in need of relatively small amounts of fast cash until their next scheduled payday. Lenders target people who are employed and who have the finances to repay loans.
The second myth is that the only people who apply for cash loans are those who have low income. Yet, the reality is that people of all income levels need emergency funds at some time or another. Most people opt to apply for payday loans because they need cash quickly and do not want any hassles.
Are you in need of emergency cash? Apply online today for your hassle-free cash advance, same day loan or payday loan.
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Continue reading "Common Myths Surrounding Cash Loans" »
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| Cash Advance Store Was Robbed |
| Posted By ConnectedCommunities |
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This week, local news sources say that a cash advance store was subjected to a robbery. Now, police in the city of Mishawaka are on the lookout for their top suspect.
According to law enforcement officers, the Advance America Cash Advance was robbed just after 1:30 PM. Police say that the robbery was "by force". However, the robber that committed the crime did not show off a weapon.
At this time, investigators are hoping to find evidence from a store surveillance video. They believe it could be abused as the investigation is planned to continue until they track down the suspect.
If you are in need of a cash advance, why go to a cash advance store and wait in line when you can apply for the money you need online? With ConnectedCommunities, you can apply for your cash advance over the internet within minutes and have your money deposited into your bank account within 24 hours. It really is that easy!
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| What Are the Cons of Payday Loans? |
| Posted By ConnectedCommunities |
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While there are many pros to applying for a payday loan, there are several cons that people should consider before they decide to fill out an application.
The first con is that payday loans can carry a very high interest rate. This means that if people do not repay their payday loans within a certain amount of time interest will be applied to their total balances and they will be responsible for paying off the interest amount. However, if people are responsible when applying for payday loans and repay what they owe in a short amount of time, the interest is not as bad.
The second con is that people may get into the habit of applying for payday loans because they are quick and do not require a credit check. In order to avoid this trap, people should treat a payday loan like a very expensive credit card. This means being responsible with purchases as well as repaying the debt that is owed on-time.
If you are ready to get emergency cash now, apply for your payday loan today!
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| What Are the Pros of Payday Loans? |
| Posted By ConnectedCommunities |
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There are several advantages to securing payday loan. Below, we have listed out a few of these advantages for those who may be considering applying for a payday loan.
One of the premier advantages of applying for a payday loan is that the majority of cash loan companies do not perform a credit check. This means that people who have a less than attractive credit score may still be approved for their loans without bias.
The second big advantage of payday loans is that they are available rather quickly. Generally, the funds are deposited into people's bank accounts within 24 hours or less. In some cases, people may even be able to get their money within an hour.
Finally, a payday loan is a great choice because it is offered in a small increment and can be paid off rather quickly if people are consistent.
Apply for your payday loan now!
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Continue reading "What Are the Pros of Payday Loans?" »
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| 3 Reasons Cash Advances Are a Great Option |
| Posted By ConnectedCommunities |
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With a cash advance, you can apply for the money you need and then use the funds for any type of purchase. Whether you need to make a last minute bill payment or want to put a security deposit down on an apartment, how you use the money is entirely up to you.
Getting a cash advance is very easy because you can apply online and from the convenience of your own home. Why go to a cash advance store or bank to get the money you need when you can apply online?
Anytime you apply for a cash advance with ConnectedCommunities, we do not run your credit report. This means that even if your credit is less than perfect, you can still get approved for a cash advance.
If you are ready to get cash fast, apply for a cash advance online today to get the money you need!
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Continue reading "3 Reasons Cash Advances Are a Great Option" »
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