subject: No Paperwork, Fax Or Credit Check Payday Loan Cash Advance Proposition [print this page] Now they can put down payday loan companies all they long. Who is going to provide loan for someone who is looking for a loan with no paperwork, he will not fax any documents and he does not want a credit check? That is right, nobody but a payday loan company. Does anyone still think that payday loan companies are menace to society? They clearly have not been in desperate need of cash fast and have nowhere to turn.
It is unlikely that even governments are prepared to engage in a landing activity of a sort. The playing field is wide open or it was until recently. There are now companies willing to offer cash advance for a longer period. 100DayLoans.com is one of those few companies. The real issue with payday loans were the shortness of the payback period for many people. These companies almost handed the money with one hand and took it back with another including interest the next day.
Provided with over three month payment period, these loans could be a good solution for many people who have suddenly fallen into urgent cash problems. Surely, payday banks would be a lot secure if they could take their money back off the next wage cheque of their applicants. They only extend their payment options if they are forced by competition. They are making good money and they will not give up and leave the field that easy. Let us hope there will be improvements in the way that those companies operate. These loans are a short term solution, which is true. Nevertheless, they should provide a meaningful relief. 100 day loans are here to provide that relief just a bit longer. People can slowly pay them back and not need another loan soon to cover the cash shortage caused by payday company taking the money back very quickly.
by: jslee
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