Payday loans aren't the only options when seeking fast cash. Oceanside California residents can access local and regional resources, including financial assistance or small loans that may help pay the utilities or medical bills. The maximum amount you can borrow from a payday lender in California is $300, and a 15% fee is equivalent to an annual percentage rate of 460% for a two-week loan. This is something to keep in mind when in dire straits.
A safe and less understood option at times is the collateral loan business. For example, pawnshops can offer instant cash on your valuables. They accept almost anything of value, offering you interest rates as low as 2%. This type of loans only poses the slight risk of losing ones collateral should it be defaulted on. Most pawns shops like Gems N' Loans can offer contract extensions and have been known to be quite reasonable.
Pawnbrokers offer collateral-based loans secured by something like a gold ring, laptop, electronic item or designer hand bag no longer being used. You take in something you own, and if they are interested, they will offer you a loan.
Everyone finds themselves at some point playing catch up or need extra cash for a birthday present right? Perhaps you need a new set of tires and can't afford them until payday. Without all of the hassle and commitment of a payday advance loan, the opportunity for collateral fast cash loan has always been there in the form of a pawn shop.
Don't look all over Oceanside burning gas miles when Gems N' Loans offer interest rates as low 2%, that will not garnish your following paycheck should you not have the pay back money on time. The borrower simply stakes an article of value in exchange for the instant cash. This allows for the owner of the valuable to have the option to completely sell the items or take out collateral in exchange.
Learn more here!
When searching for a cash loan, Payday loans no matter how reasonable they might seem, are almost always nothing less than a financial mistake.
According to Pew Charitable Trusts, almost 12 million Americans take out payday loans every year, and the borrowers are frequently those least able to afford the astronomical interest rates.
These types of loans are small short-term loans backed by your paycheck. When you apply for a loan, you have to list your next two or three pay dates on the application. After getting approved, you write a postdated check for the loan amount plus interest and fees. This money will inevitable be deducted from your next payday, leaving you in the negative once again.
We recommend alternative loans for fast cash urgency. The collateral loans business can offer the security needed during trying financial times. Pawn shops in Oceanside have been serving customers for over 25 years in this capacity. While everyone needs to survive, Gems N' Loans offers interest rates as low as 2%. The only commitment on your part, is that you bring in an article of value in exchange for the loan.
