Allotment Loans for Federal Employees
Allotment loans provide a unique financial solution for federal employees, including postal workers, who need extra funds to meet personal expenses. These loans allow borrowers to repay directly from their paycheck through an allotment, making repayment more manageable and hassle-free. An advantage of these loans is that they often don’t require a credit check, making […]
Secured Loans vs. Unsecured Loans: Understanding the Key Differences
At 123 Money Loans USA, we totally get it – making good financial decisions is a must! When it comes to borrowing money, you need to know the difference between secured and unsecured loans. That’s why we put together this guide – we’ll break down everything you need to know to help you make the […]
Paperless Payday Loan
Apply for funding today and get approved without a credit check within one day. Money straight to your bank account! Life can be difficult and we all face extreme challenges from time to time. This can be anything, such as car repairs, emergency medical treatment, urgent purchases, and other expenses. However, unfortunately these days, a […]
How Do Payday Lenders Verify Employment?
When you apply for a payday loan, the lender will typically require that you provide proof of employment. This is to ensure that you have a steady source of income and are able to repay the loan. There are a few different ways that lenders can verify your employment. The most common way is for […]
How Long Does a Loan Rejection Reflect on Your Credit History?
A loan rejection can stay on your credit report for up to seven years. This is because lenders report loan applications and their outcomes to the credit bureaus. So, if you apply for a loan and get rejected, that information will become part of your credit history. Loan rejections can impact your credit score in […]
5 Best Ways to Get Out Of Payday Loans
Got into a ‘payday loan trap’? Taking out one loan after another? Rollovers, extensions, growing interest and penalty fees…. Sounds like a nightmare. But it’s a reality for those who borrowed bad credit Payday Loans online and didn’t manage to repay the money on time. We can help you break this debt cycle and get […]
How Payday Loans Can Affect Your Credit Rating
Payday loans can be a great way to get quick cash when you need it, but they can also have a negative impact on your credit score. Here’s what you need to know about how payday loans can affect your credit rating. When you take out a payday loan, the lender will typically report the […]
How Payday Loan Interest Rates Are Calculated
When you take out a payday loan, the direct lender will typically charge you a fee for borrowing the money. This fee is generally expressed as a percentage of the total loan amount, and is commonly referred to as the “interest rate.” In some cases, the interest rate may be a flat fee, regardless of […]