Fiscal Stress? Get A Payday Loan in Oregon!

Is fiscal stress getting to you? It does not have to! There are options available to people who are facing financial problems, options that will get rid of that fiscal stress at almost a moment’s notice.

A payday loan in Oregon is one of the most viable options available to the average working person in the USA, Oregon today. It is a short term loan that has been designed with the needs of the consumer in mind. Being a short term loan, a payday loan can give you the money that you need within a very short period of time. This period of time will definitely differ depending on the payday loan provider as well as other factors that may come into play. In general, however, one can expect to be able to have the money in their hands within 24 hours of loan approval. This waiting time can be shorter or longer, depending on the specific circumstances.

The short term loan tag also means that the borrower has to pay back the loan amount plus the corresponding charges within a relatively short period of time. Again, the exact period of time will vary depending on the payday loan provider in Oregon, their terms and conditions, and other relevant factors. However, one can expect to have to start paying back the payday loan within the next 2 weeks, or when the next payday comes around.

Another feature of payday loans that can relieve that fiscal stress is the fact that applying for one is quite easy. The whole process does not add to the already existing stress. Payday loan providers in the USA mainly operate online today. For this reason, the whole process of availing of a payday loan – from the application to the release of the loan amount – is quick and convenient. A person who wants to avail of a payday loan only has to visit the web site of the payday loan provider that he wants to deal with. There, he can fill out the application form in a minute or two and then send it in. Loan approval, which is the next step, only takes a couple of hours. Once the payday loan is approved, the borrower will receive a reply from the payday loan provider. Clarifications or additional documentation may be requested at this point. Usually, though, if additional documentation is requested, it is not a major hassle. They can also be sent in through fax. Once everything is in order, the borrower only has to wait for the money to be deposited into his bank account within the next day.

One step that is conspicuously absent from the payday loan process is the credit check. This is something which always adds to the stress of taking out a loan – the uncertainty of approval due to the results of the check. With this step taken out of the picture, the borrower in Oregon is almost 100 percent sure that he will get approved for his payday loan and a lot of time is saved as well.…

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Will A Payday Loan Cost Me?

Seriously now, should you really even be asking that question? Everything in this life costs something – one way or another. Perhaps the better question would be whether or not the cost of a payday loan is worth the effort. In order to answer that question, let us take a look at the anatomy of a payday loan. What is a payday loan? How much does it cost?

A payday loan is a short term loan that has been designed to meet short term financial needs. It is meant for those people who have a regular source of income but suddenly find themselves facing an urgent need that is temporary. As such, a payday loan is best suited for a person who receives a salary on a regular basis. If you have a self-owned business and receive income regularly as well, then a payday loan will suit you fine also.

How do you apply for a payday loan? All you need is to meet the basic requirements – the main one being the point mentioned above. Other requirements that you have to meet include:

-be a citizen or resident of the USA
-be at least 18 years old
-have a current bank account.

Please be reminded that these are only general guidelines, however. Some payday loan providers might ask for other minimal documentation before they process your application.

Now let’s go to the heart of the matter – how much will a payday loan cost you? In truth, a payday loan is not for free. However, you have to realise that payday loan lenders do not charge interest in the same way that other conventional loan providers do. Interest rates, APRs, and the like do not apply to payday loans.

Instead, payday loan lenders charge a fixed fee for every certain amount that they lend to their clients. Again, this fixed fee will vary depending on the specific payday loan lender that you deal with. What can you expect with regard to the fee? The figures may play around from $10 to $30 for every $100 that you borrow. So, for example, if you want to borrow $300, you would have to pay anywhere from $30 to $90 in fees.

What do you think of those fees? Reasonable enough? Maybe a bit too high? Well, think about it this way. With a payday loan, you do not have to worry about the many other things that you have to worry about with conventional loans. For one, there is no need for a credit check. That in itself is worth the little extra that you might have to pay. In addition to this, you do not have to wait very long for the money to be in your hands. Again, whatever little extra that you have to pay is worth this. Last, but not the least, you do not have to exert much effort to avail of a payday loan as everything can be done online. I believe that payday loans are very much worth their weight in gold.…

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Credit cards or Payday loans?

Too fast, too furious. That’s the lifestyle of today. Everything has to be fast or it is not liked. Instant food, instant message, instant love, instant everything. Incidentally, money tops the ‘instant chart’. Getting things done on time is not just a requirement but a demand. And nothing gets done without money which makes instant cash, a heavy demand.

Credit cards are the default ‘celebrities of instant cash’ and using credit cards have become so common these days and so is getting into debt. It is hard to resist credit cards especially because of the ‘not from my pocket’ feeling that you associate with them . But the fact is, every time we use credit cards, we are actually adding interest to the money we spend using the card and in turn making our creditors happy. Everyone loves extra money, isn’t it?

Payday Loans : Alternative to Credit cards?
A good alternative to risky credit cards is payday loans, which are much better than the former in many ways. Of course, the high interest rates compared to credit cards will make us put on our thinking hats, but actually speaking the comparatively high interest rate is probably the only downside of payday loans or instant loans, but since they are short term in nature, the payday loan companies are required to charge high interest due to legal procedures. Otherwise, payday loans are advantageous in many ways. They are transparent and strict. This helps people who use payday loans to know how much they owe and why, which is not the case with credit cards.

Hidden charges?
Often credit cards use terms which we don’t even understand. But with payday loans, we don’t have that hassle, as every little charge is pre-defined and there are no hidden charges that surprise in the last minute. Though high interest rates will make payday loans look like evil, it is a smart choice to go for it, as it wouldn’t shock us with a huge debt later. It is better to go for a known evil than a hidden devil, isn’t it?…

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Why You Should Trust Lending Stream!

TrustThere have been reports from various authorities, including the Office of Fair Trading (OFT) and Advertisement Standard Authority (ASA), on how the credit industry has been frequently breaching the law on advertising credit. The law suggests that credit sold online must effectively disclose all the key information about a product, such as APR, name of the creditor etc. This guidance was formed to protect consumers from being misled since the law presumes a customer to be naive and inexperienced.

Lending Stream has gone way beyond than just complying with the advertisement guidelines. It ensures a safe and secure environment for our customers to borrow short term monthly instalment loans. We strive to make the procedure as transparent as possible by complying with stringent consumer credit laws.

Data Protection Laws have always haunted organisations to safely process a customer’s personal data, due to the stringent obligations imposed. This means more processing time of the information submitted by the customer. We, at Lending Stream, process and analyze your information, in accordance with our Privacy Policy and give security highest priority. We understand the need of trust when you part with your personal information. In order to maintain that trust, we have very stringent access control policies. These policies allow us to process your information quickly but in the most secure fashion so that you can be assured that your information is in responsible and safe hands.

Lending Stream aims to become a leader in the short term loan lending market but without sacrificing legal compliance, right from advertising to data security. We think that a high level of legal compliance will inspire confidence in you of our reputation and lending practices. We take pride in the way we legally conduct our business in a market seen with skeptical eyes.…

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Crisis Troubleshooters: The Key To Financial Stability

A 4-pronged strategy to see through the crisis unscathed

KeyPanic is a natural reaction to a crisis. The financial turmoil ripping through markets around the world has driven a frenzied response. People are borrowing mindlessly and building on existing credit with juvenile impulse, thus leaving their credit profile in tatters. Savings are being used up since a compromise with one’s lifestyle seems ‘preposterous’. Dealing with a financial crisis this way could lead you to doomsday in no time. So, how do you really see through it without receiving a serious dent to your high perch? Adopt this four-pronged strategy.

Increase savings

A no-brainer and a foolproof method to evade bankruptcy. Saving up for the rainy day should begin not when crisis strikes. You need to create a habit of saving. Regardless of how much you earn, ensure you set a fixed amount apart every month to build your savings. It comes in handy when cash and credit are hard to come by.

Reduce debt

Panic creates desperation, which in turn promotes an insensitive approach to debt management. Believe it or not, a financial crisis is the best time to cut down your debt to a manageable size. You’ve switched to the savings mode, which essentially means you can use a part of the surplus to repay existing loans. Credit is getting costlier, and the last thing you want is to let the cash outflow increase, with your income remaining the same.

Shop for lesser

When the market is witnessing a slump and pay cuts are imminent, you most certainly do not want to be caught on the wrong foot while budgeting your expenses. If you continue spending as earlier, the day isn’t far when your expenditure exceeds your income. The best way to be prepared for such an eventuality is to lower your lifestyle. If you’re shopping for an item, and there are two options available, picking up the less expensive one would help you save money. It doesn’t hurt to go easy on your brand preferences, since you can always switch back when the situation improves.

Additionally, there are ways to cut down on your bills. Most of us use the conventional method to make our monthly payments. These methods are found to be more expensive than online deals. If you pay your bills through direct debit, you can realize significant savings in money.

Keep an eye on your credit profile

A financial crisis is the time when most people ignore their credit profile and resort to reckless borrowing, defaulting, etc. It is essential that you keep a watch on your credit profile, even though this may be the toughest choice to make when a juicy loan is on offer. Pay your bills on time, borrow only when it is absolutely necessary, and you will see through the slump with your credit score intact.…

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