Quick Online Payday Loans - An Easy Way to Solve Your Financial Needs - 100% Online, No Fax Required

March 23, 2012 - PRLog -- When the economy takes a downturn even the most careful of money managers find their household budgets stretched but if you're already pushing your income to its limits, when an emergency arises and there's no cash to pay for it, the situation can appear dire. The increase in providers of short term cash advances, so called payday loans, was in response to fill the gap in the market for easy, fast cash.

Payday loans from http://noteletrackloans.net earn their name because that is exactly what they are intended to be used for. They are not a financial product to be used as a solution to long term debt. As an expedient product they do have a high cost but, when used as they were designed to be used, they offer an excellent solution.

For a cash advance, loan options are innumerable from direct lenders to broker sites but the offers all work on the same principle – the ability to pay back the advance on the next pay day. Because the premise of the cash advance is so simplistic, the process of application and qualification is simplistic too.

The application process for a cash advance usually does not entail a credit check and therefore no search is recorded by a credit reference agency. This affords the opportunity for people who have CCJs and poor credit history the opportunity to obtain a cash advance.

The application is usually all undertaken online although there are companies who offer a cash advance service over the telephone. It's a matter of meeting the qualifying criteria, having the information to hand and making the application - usually all in a few short minutes.

In order to qualify for a cash advance US applicants must meet the following criteria:

Be aged 18+
Be in regular paid employment (although self-employed persons can apply with proof of income)
Be a US resident
Have a US bank account with debit card

Some providers of cash advances have minimum earnings criteria and others require that applicants have a US registered mobile phone.

The amounts that can be borrowed vary from lender to lender. Some only allow lower value cash advances for new customers whilst others will lend on the basis of monthly salary. It is not unexpected that the amount requested on the first application is rejected and a lower offer made. Once the application is made and accepted, the cash advance is transferred directly to your bank account, sometimes within 15 minutes, other times it can take a few hours. Some lenders charge a fee for an express service.

US payday loans have received their fair share of bad press but each provider sets out with a mission of responsible lending. There is however, as much onus on the borrower to accept responsibility and be totally aware of the commitment they are making. A cash advance is still a loan, and it still has to be paid back within the terms of the agreement.

In order to apply for a cash advance payday loan visit: http://noteletrackloans.net

# # #

Noteletrackloans.net promotes payday loans companies, cash advance or payday advance companies. For your loan to be approved, you must meet certain requirements. In most cases loans will be deposited the next business day to your checking account.