GreenLeaf Loan Articles

Tax Refund, Personal, Payday & Cash Advance Loans

Loans

Income Tax Loans are Helping Taxpayers get out of Difficult Financial Situations

by Leave a Comment

Income Tax Loans

Income Tax loans are helping taxpayers get out of difficult financial situations

If you are worried about keeping your utilities on, avoiding overdraft fees, and paying your bills on time, you may benefit from one of our popular income tax loans services. Many hard-working Americans struggle with their finances on a daily basis. For some, tax season is the only time they can catch a break and get the extra money they need. However, depending on when a taxpayer files, he or she could wait weeks to receive an income tax refund. For some, that’s just too long to wait.

Can’t wait on the IRS any longer? Income Tax loans get taxpayers their cash in less than 24 hours

Income Tax loans are based on a taxpayer’s estimated income tax refund. This type of loan is sometimes called a income tax refund advance or refund anticipation loan. These income tax loans are very similar to pay day loans and/or cash advance loans. The main benefit of an income tax loan is the turnaround—income tax loans are directly deposited into a borrower’s account less than 24 hours after they applied.

Income Tax loans are quick, affordable, and convenient

Getting approved for an income tax loan is easy. As long as you’re expecting a return back from the IRS, you’re currently employed, and you’ve already filed or are ready to file your taxes, you can be instantly approved. Income Tax loans help thousands of Americans get their cash in a timely manner. You can get help, too.

Income Tax Loans are Helping Taxpayers get out of Difficult Financial Situations By

Unemployment Claims Dropped to Lowest Level since 2008—Celebrate by Taking out an Online Payday Loan

by 9 Comments

online payday loan

New Unemployment Claims have Dropped to its Lowest Level since 2008—It’s Time to Celebrate by Taking out an Online Payday Loan

Our Recession is almost over—are you Ready to get your Paycheck Early with an Online Payday Loan?

According to the Labor Department, initial claims for state unemployment benefits fell 4,000 to an adjusted 323,000. In addition, the unemployment rate dropped to a four-year low of 7.5 percent. Although there is still much to improve upon, it’s good to know that our economy is heading in the right direction. Many Americans have been struggling financially for years. Hopefully, new jobs and higher wages will boost our economy. Today, many Americans still need financial assistance from the help of an online payday loan.

Get a Fast Cash Online Payday Loan in Anticipation of your Paycheck

Financial hardships are difficult to predict. Cars break down, people get sick, and checking accounts get overdrawn. Things happen. You don’t have to lament about your current situation. You can fix it. Apply for an online payday loan so you can get the cash from your upcoming paycheck to pay for your bills and expenses.

Online Payday Loan Lenders are Approving Borrowers for Loans from $250-$1000

If you’ve been affected by the recession, you know first-hand how good it’s going to feel when you can get a better job and a bigger paycheck. Until that time comes, you can apply for an online payday loan right from your home computer or even apply for an online payday loan via mobile device to help you get the money you need now.

by “Mindy Lowber“

Why Same Day Cash Advance Loans Online Can Lead to a Bright Financial Future

by 6 Comments

Same Day Cash Advance Loans Online

Same Day Cash Advance Loans Online Can Lead to a Brighter Financial Future

If you’re like most Americans, you probably get plenty of junk mail—especially from lending institutions. Along with your local grocery store’s coupons, you probably receive pre-approved credit card applications, “low” mortgage rates, and personal loan offers from multi-million dollar companies like Chase, Bank of America, American Express, and Capitol One. These companies are big for a reason—they make millions off of people that need to borrow money. If you find yourself in a financial bind, it’s easy to take these businesses up on their offers. We’re here to tell you why you shouldn’t play into their marketing techniques and traps. If you need money fast, consider Same Day Cash Advance Loans Online instead—you won’t regret your decision.

Choose Same Day Cash Advance Loans Online For Real Financial Results

The cons of a personal loan from a bank are:

1). High interest rates:

These loans don’t require any collateral, which means the banks need to offset their risks. This translates to a higher interest rate for you. You could pay as much as 30% in interest.

2). No partial payments:

Many banks don’t allow partial payments of loans. This means that you’ll have to pay the minimum payment or the entire balance on the loan—you won’t have wiggle room in between.

3). The need for a good credit score:

With banks a bad credit score will be rejected immediately.

Same Day Cash Advance Loans Online are different:

We provide access to the best available short-term lenders. The duration of our lender’s loans only last a few weeks. Once you get paid, you’re able to pay back the loan. With Same Day Cash Advance Loans Online, you’ll get approved for cash online and can receive your money the same day you apply.

Apply for Same Day Cash Advance Loans Online Now

Lenders are waiting to help you get money now. Apply for Same Day Cash Advance Loans Online today. Lenders are available 24/7, 365 days a year.

by “Heather Wilson“

Why are Payday Loans so Expensive or Are They?

by 3 Comments

Why are Payday Loans so Expensive or Are They?

Payday Loans ExplainedLet’s start with a statement that says, “Yes, payday loans can be considered as expensive”, but you must consider how you’re being forced to look at them. If you borrow $100,000 from a bank for 30 years, for a house, you’ll pay back over $230,000 which is a real interest rate of 130% (130,000 / 100,000) but lucky for the banks they get to use APR and show the loan at a 5% interest rate.

The Media & Politicians Love to Treat Payday Loans Like they are Evil

The media and politicians love to treat payday loans like the’re evil. The media writes stories on the worst situations that some people have experienced and the worst players in the business and believe me there are bad players in this business. No one would ever think that banks are evil or that they’re bad players in that business, right? Payday lending is an easy target for politicians because they take the stance that they’re protecting the consumer. That’s a grand and noble position to take as a politician but they’re wrong and the over regulation is driving up the cost of the loans for those they claim they’re trying to help.

Are Payday Loans Evil or too Expensive?

From my experience in this business, the average payday loan is currently about $25 to $30 per $100 borrowed. Yes, I consider that to be a little expensive and any time we provide a loan we gladly and clearly make sure the borrower knows the cost and take care to warn them that these loans are for emergencies only and should’nt be used as a solution to a long term financial problem.

What is an APR and Why does it Not Work with Payday Loans?

The law requires that any loan be shown in terms of an Annual Percentage Rate (APR)  which is what the loan would cost if you kept paying interest on it for a year without repaying the principal back until a year was up.  All payday lenders that I’ve ever worked with absolutely follow the law and provide the APR as required. However, classifying a loan that lasts on average two weeks on an annual basis is misleading at best but is it as misleading as getting to show a loan as 5% interest when in actuality ends up costing 130%? If you were to take out a payday loan for two weeks but only pay the interest on the loan every payday for a year then the APR would be exactly accurate.  That is exactly the problem though, who takes out a two week loan and does not pay back any of the principle for a year and only pays the interest for that entire year?

To me $25 per $100 borrowed is actually 25% interest and I personally believe that payday lenders should be allowed to market their loans showing the real interest rate and banks should actually be forced to show the real interest rate of their loans and credit cards as well. Now, the media is correct when they say that most users of payday loans are lower income borrowers. Well, go figure, only the people that the banks won’t loan to and who are left with only one option, to get a loan in an emergency, are the ones that are inclined to use a payday loan service.  When you borrow $100 and pay back $125, you don’t have to be a genius to know that your real interest was 25% (25 / 100).

Why Do Payday Loans Appear to be Expensive?

If you look at a two week loan in terms of APR then you will get a very high APR but if you look at it in an actual rate it’s 25% to 30%. Yes, to me that is expensive for a loan but the question was why is it so expensive and is it really?

When I ask, are they really that expensive? I was pondering if anyone has ever figured the APR that is being charged when you pay $2 to $3 just to get your own money out of an ATM?  I then remembered that I used a loan calculator the other day which showed if I took out a $100,000 house loan for 30 years at 5% interest I’d end up paying back a total of $230,755.78.  Hummm, if I borrow $100,000 and paid back over $230,000, that sure doesn’t sound like 5% interest to me, so is the 5% the APR? Yes, I believe it is, but that is the beauty of APR for banks, they get to show an interest rate of 5% when in all actuality you’re paying over 130% in interest. I guess, if the loan is large enough and the term is long enough and you don’t realize you’re paying over 130% in actual interest then it’s a better and more ethical loan, right? Wrong!

You’ve got to know that banks don’t want payday loans to exist and pressure politicians to over-regulate them and over-regulate them and over-regulate them which continues to add to the cost of payday loans and those regulations make sure the loan is portrayed to potential borrowers in the worst possible light to add to continue to add to the bad perception of the payday loan, which is just what the banks want.  So, if you’re only allowed to use APR, which loan is going to look better to you, a two week loan or a thirty year loan?  I’ve just showed you the answer to that!

Should Payday Loans be Made Illegal?

I’m sure there are many in the media that can sensationalize or find a bad payday loan or bad lender to write about and that there are politicians that can hop up on the stump and rail against the evils of many things but you can bet your last dollar that if they were living paycheck to paycheck and had an emergency and found that no bank would loan to them or that the bank would take two weeks to get them the loan that they needed right now, then each and every one of them would do just like millions of people just like you and I do and take out a payday loan to handle the emergency.

They’re NOT many people outside of the payday loan industry that see the benefit of the payday loan service. However, the millions of people that need and use short-term loans surely see the benefit. We all want access to money in an emergency, even those among us that have trouble making ends meet some times.

So, my answer is no, payday loans should not be illegal and in fact should get some of the regulations against them removed or lightened if they are being good lenders, not hiding fees and are following the law.  Payday lenders provide a valuable service and should be forever allowed to provide loans to those that need them, when they need them.

Why do Payday Loans Cost What They Cost?

As you can imagine, payday lenders are dealing with loaning to people who for the most part live payday to payday and then have an emergency, like an auto break down and need to get the cash to fix the car so they can get to work and not lose their job. People in these types of emergency situations will gladly pay the 25% to 30% to get the money they need because that’s their only option and they must have the money. Is that a reason to charge that person so much just because they have an emergency? No, that reason itself is not a reason to charge so much and it’s actually not the reason that lenders charge what they charge. Now, you have to go back to who lenders are loaning too; most borrowers live paycheck to paycheck and when the loan comes due many borrowers make the decision not to repay the loan. Now, a lender will not be loaning for very long if even 20% of borrowers fail to pay back their loan. Yes, the short term loan industry has a high default rate. So, the main reason the interest is so high is due to the high default rate. I’m not even going to go into how they’re  people and groups out there that treat scamming of payday lenders as their job or the cost of the heaps and heaps of regulations that are piled upon payday lenders, the cost of employees, etc.

I myself wish that everyone would repay their loan back, that there was not an over-regulation of the industry and that there where not so many people trying to scam the lenders and therefore the interest rates could be much much much lower, but it is what it is. Only serving a clientele that has bad credit, lives payday to payday and has no other options when it comes to getting a loan in an emergency is NOT a reason to make them illegal, over-regulate them or even rail against them. If you don’t use short-term loans and are against them then just be thankful and hopeful you never get yourself into a situation where you need one of these loans as they may not be available some day because of your efforts to tarnish them.

If you’re facing a financial emergency and have no where else to turn then Green Leaf Loan Group will be here for you and help you get that loan. Simply click loan application to apply and we promise we will do our best to get you that loan at the lowest possible cost to you.

by “Ray West“

How Payday Loans Can help you Bridge the Gap

by 2 Comments

How Payday Loans Can help you Bridge the Gap

Payday Loans Bridge the GapIf you are like most Americans today, you are living from paycheck to paycheck hoping that the economy starts looking up soon. With the uncertainty surrounding the fiscal cliff, and tax breaks set to expire this year, there is no guarantee that the economy will start improving anytime soon. This can leave you in a state of frenzy – especially with the holiday season looming. How am I going to pay my bills? How will I provide my family with a nice holiday?

Relax, and Take a Deep Breath

There is help, in the form of a payday loan. Millions of people rely on payday loans not as a consistent method of income, but as a means of <em>bridging the gap between paychecks</em> and unforeseen expenses. “But what if I have bad credit?” You are not the only one to pose this question. The good thing about payday loans is that there is no credit check and bad credit is okay. As long as you can prove that you have income – in the form of your paycheck – you can be approved for a payday loan to help you ease your worries.

What Can I Use My Payday Loan For?

Unlike most loans you get, there are no restrictions on a payday loan. You can use them to catch up your bills, buy that hot new toy your child is coveting for Christmas, or you can use it to put aside just in case. Payday loans are paid back when you get paid or you can choose one that you pay back in installments for added convenience.

Be Smart When Using Payday Loans to Bridge the Gap

While it is exciting to know that you don’t have to wait until payday when something goes wrong, it is still smart to borrow only what you can afford to pay back. Otherwise you’ll find yourself in the same boat, once again, and this time you won’t have a <strong>payday loan to help bridge that gap</strong>.

by “Ray West“

Payday Loans; the Good, the Bad and the Ugly

by

direct payday loan lenders

good businessThe Good

There is a small payday loan company out of Delaware named AmeriCash Advance that is not publicly traded. This company was one of the first online payday loan lenders back in 1999.

Through personal contact with this company I’ve come to learn that they treat their customers with respect and provide loans at honest rates. AmeriCash Advance has not grown as fast as many other companies simply because they refuse to reach so low as to do the despicable things that other companies have done and continue to do to consumers in the name of profit.

Most of those seeking an online loan just want a loan from a direct, honest, helpful lender that provides loans at or below industry standard rates, to get them to through an emergency situation.

Many in the media, state or federal government consider anyone that provides short term loans and is therefore in the payday cash advance industry to be bad by nature, but that could not be any further from the truth.

In our experience, AmeriCash Advance is honest and straight forward and does these things right as well; 1) While they make loan extensions (rollovers) available to their customers, they doesn’t advertise them and in fact discourages their use and 2) Have for the past 10 years or more, zeroed out loan balances after the customers payments reach 150% of the original borrowed amount. Now I’d like to discuss this second point for a second. What this means is, if a customer, through extensions or other factors reaches a payback limit of 150% of the original borrowed loan amount gets their outstanding loan balance forgiven! This practice is in no way an industry standard practice, and in fact, I know of no other lender, in the short-term loan space or any other financial space for that matter, that does or would even consider doing this. Just to be clear, when AmeriCash Advance zero’s the loan, the customer is free and clear of the loan!

good payday lendersThe Bad

The biggest payday loan firm is the Orwellian-named Advance America, a publicly traded firm listed on the New York Stock Exchange with over 2,500 outlets in 32 states. Wells Fargo, Bank of America and U.S. Bank provide a $75 to 300 million line of credit to the firm at interest rates ranging from four to eight percent on the loans. In recent months, Advance America’s booming profits have been noticed and it has been touted as a “good investment” by Wall Street insiders.

One former employee of Advance America explains some tricks of the trade. Speaking on the condition on anonymity (because he and other employees were forced to sign a confidentiality agreement upon leaving the firm), this former shop employee says that many of his clients were on disability or U.S. Social Security: “They would come in for a small loan and write a check to the company dated the 3rd of the month, when their government checks would arrive. All the Advance America employees were required to come in early on that day, so we could quickly cash their checks and wipe out their checking accounts.”

A primary goal is to get customers to continually renew their loans. “We had to call in our numbers every night to Advance America’s corporate headquarters. They were not interested in numbers on who paid off their loans, but on who renewed their loans. They wanted folks to pay the interest rate and keep the loan going and going,” says the former employee.

This employee also worked for a time in the collection department where he was instructed not to visit people at home, but to go to people’s place of employment first. “We would not tell their bosses where we were from, but we would carry a clip board with our name on it in a prominent way. We would request that a person be pulled off the factory floor, not to collect, but to keep them on the hook. The key was embarrassment and intimidation.”

The above was reprinted from: CommonDreams.org

good loan ratesThe Ugly

There are many companies who advertise themselves as online payday lending sites but are in fact middle men in the loan industry. While that in itself is not a bad thing, some run the customers they receive on their pretense websites through many different lenders, each of whom run credit checks on the potential customers which can among other things seriously damage their credit rating.

Even worse, they put the least credit worthy through a never ending ring of middle men sites which in turn may at their worst place popups on the screen that are intentionally meant to confuse and defraud the customer. The popup offers a service that the customer most likely would not want but with one wrong click of the mouse authorises and is charged, something like $29.95, for this unwanted and useless service. What would you do if you applied for a short-term loan online and on the application, provided your bank account and routing number for the depositing of loan funds based on the perceived notion that you would be approved, and a popup appeared that stated something like; “You Qualify for our Credit Check Services which costs $29.95 and you authorize us to withdraw this amount from the checking account you provided. Click OK to Cancel or Click Cancel for Authorization”? How many people do you think would get confused and click Cancel, which is the wrong choice. The practice of confusion selling was encountered through clients of a lead seller we encountered by the name of Atomic Leads. Green Leaf Loan Group through its parent company, AtoZ Financials, LLC had a very short term business relationship with Atomic Leads which was severed immediately upon learning of this ugly practice.

Another Ugly practice we have identified is over-selling; whereby these middle men sites deny the potential customer for a loan, due to their current credit status, but then sell the customers loan application to multiple another companies, often times offshore or overseas. These third parties in turn send the potential customer emails offering them loans at rates that are multiple times the industry standard. If this were to happen to you, you should expect to be bombarded with texts, emails and calls from foriegn based robo callers for months on end. The emails and calls will continue even if you take out a loan or tell the callers to put you on their do not call lists.

The practice of over-selling was encountered while working with a lead seller we encounted called ** Leads. Green Leaf Loan Group through its parent company, AtoZ Financials, LLC worked with ** Leads on multiple products but immediately terminated advertising of products carried by ** Leads where it was identified that they or their affilaites engaged in this ugly practice.

Disclosure

In the spirit of full disclosure; GreenLeafLoanGroup.com is a payday loan lead provider. Green Leaf makes every effort to match those seeking payday loans with quality direct lenders such as AmeriCash Advance or provides their applications only to those companies it has evaluated and determined do not engage in the bad and ugly practices mentioned in this post.

Your comments, questions and concerns relating to this story would be greatly appriciated.

Posted by: Green Leaf Loan Group – www.greenleafloangroup.com


Is a Small Payday Cash Advance Best?

by

small payday cash advancesBigger isn’t always better, and this maxim holds true when it comes to payday cash advances. After all, if you take out a big cash advance, you’re responsible for paying back interest on every dollar. On the other hand, with a small payday cash advance, you have to pay much less interest, as the principal is lower, even if the interest rates are the same, and they will often be lower for smaller loans than big ones. You can see why it’s an advantage to borrow a smaller amount of money whenever possible.

The disadvantages of a big advance are numerous. It’s harder to find them, as payday lenders are reluctant to give out large sums of cash and risk losing it all at once when they could give several smaller loans to others and lessen the impact of losing any one of those loans to a defaulting borrower. Because of this higher risk, the interest rates are also higher, and there’s a good chance you will have to undergo a credit check to take out a larger loan.

A small payday cash advance is more readily available, more easily paid back, and costs less than a bigger one, since you are being charged interest on fewer overall dollars. When it comes time to repay the payday cash advance, it won’t make such a big impact on your paycheck, so you’ll have more money to live on until the following paycheck. It’s clearly a good idea to opt for this choice if at all possible.

It’s not always possible to take out a small payday cash advance, however. You can tell which option you need if you do some budgeting, as you should already be doing in preparation for taking out the advance. Plug in the numbers to see what the impact on your next two weeks or month will be when paying back the smaller amount versus a larger loan, and calculate just how much you will need in order to pay off crucial bills.

payday cash advancesFees and interest rates are two of the most important things to examine in detail before deciding which small payday cash advance offer to accept. Any extension options are worth noting, just in case it becomes necessary to delay your repayment of the advance. A small payday cash advance can grow bigger if you extend since you’ll pay more for having the money longer!

Small payday cash advances might be just the right amount of help you need in order to get through to your next payday or beyond.

Additional Info: payday cash advances, big cash advance, small payday cash advance, smaller loans, payday lenders, payday cash advance, ma cash advance, mi cash advances, washington payday cash advance, fl payday lenders, green leaf loans, green leaf loan group.Posted by: Green Leaf Loan Group – www.greenleafloangroup.com

Past Overdrafts? Then a No Telecheck Payday Loan is your Best Option!

by

No Telecheck Payday Loans
no telecheck payday loansIf you have found yourself short of cash and had a check that bounced because of lack of funds in your account, then the No Telecheck Payday Loans option may be exactly what you need. For those that have cash flow problems between paydays, the no telecheck payday loans option is a way to get the badly needed funds to cover emergencies that might have occured. Yes, there are some people that are unable to get payday loans, once they have bounced a check because a telecheck is ran. However, it is possible to find no telecheck payday loan lenders, if you know where to look.

In fact, those that have bad credit or no credit can find cash advances at no telecheck payday loan companies that don’t run credit checks, telecheck or income verifications. This is the way you can get the short-term loans you need to cover emergencies, without writing a check when you know you have insufficient funds, which might involve telechecking your credit and adding of fees that will surpass a low fee payday loan. When you consider that the payday loan no telecheck option might just save you money in the long run, then this option is much more attractive.

There is never a need to suffer the stress and anxiety of not having the funds you need for an emergency car repair or a forgotten utility bill that might require you to write checks that won’t clear your bank account. With the no telecheck payday loans options, you can get the money you need without incurring bad marks on your bank record or incurring those unnecessary fees. For those that have already written bad checks in the past, the no telecheck payday loans option is the best solution because bouncing checks may cause you to not even be able to write a check at the grocery store in the future, even when you have cash in your account!

no telecheck cash advancesWith the ease and convenience of the Internet and your personal computer, it is possible to find no telecheck payday loans that can put the cash in your bank account within a matter of hours. For those that have had past credit problems, including a bounced check, then the no telecheck payday loans and no telecheck cash advances can relieve the stress and anxiety associated with an emergency, when you haven’t got the cash to cover the expense. While other forms of short-term borrowing might involve running a telecheck, you can get the money you need with the no telecheck payday loans and no telecheck cash advances and not need to go through the embarrassment a bounced check can cause.

<< Click here to get No Telecheck Payday Loans >>
Bottom Text: Business Loans, Installment Loans, 1 Hour Loans, No Telecheck Payday Loans, No Telecheck Cash Advances, Express, discrete, vital, prompt, Greenleaf loans, Green Leaf loans, direct online lenders, personal loan lenders, quick cash, Alabama Payday LoansPosted by: Green Leaf Loan Group – www.greenleafloangroup.com

How to Apply for a Personal Cash Advance with Green Leaf Loan Group

by

How to Apply for a Personal Cash Advance with Green Leaf Loan Group

greenleaf loan group direct lendersA Greenleaf Loan Group Personal Cash Advance is a way for you to obtain an unsecured cash loan that will help see you through until your next payday. Many people choose personal cash advance loans from Greenleaf in order to meet unforeseen expenses that arise at a time in their pay cycle when they don’t have the spare cash to meet certain payments or emergency bills. Greenleaf loans also help people avoid costly late payment fees, overdraft account fees or costs associated with debt collection.

A personal cash advance loan can be obtained quickly and easily from Green Leaf Loan Groups direct payday lenders and you can be assured we only use competitive and reputable lenders offering online cash advance services. This means that you no longer have to physically go into a loan store in order to get a personal cash advance, making the whole process fast, simple, convenient and private.

personal cash advance direct lendersThe process of taking out a personal cash advance is as simple as completing our short online application request. Once your personal cash advance is approved, the lender will electronically transfer the amount you wish to borrow into your bank account where it will be ready for you to access when you need to. In most cases you won’t need to fax any supporting documentation (no fax) in order to secure your personal cash advance and, because these loans use only your income as collateral, nearly anyone can obtain cash in this way, even those who have bad credit.

Qualifying for a Greenleaf personal cash advance is simple and there are very few requirements that you will be required to meet in order to get a personal cash advance. These requirements may vary from state to state but generally you will need to:

  • Have a job and income of at least $800 per month
  • Be over the age of eighteen
  • Have an active checking account

In some cases there may be additional criteria that you will need to meet in order to qualify for a personal cash advance loan and these may be required by the laws under which your payday lender operates.

To begin the application process simply go to http://www.greenleafloangroup.com/ select a payday loan site that you are happy with and complete a simple, easy and private application. Be sure to check out all the fees and charges that apply to the chosen payday lenders products as these may have a big impact on the total cost of your personal cash advance. Once you are satisfied that you have checked out the terms and selected the right cash loan for you and completed the online application, your done. Before you know it you will be enjoying the financial assistance that a payday loan can provide.

Notes: greenleaf loan group personal cash advance, green leaf loan group, personal cash advance loans, greenleaf loan groups direct payday lenders, reputable lenders, online cash advance services, no fax, personal cash advance loan, payday lender, payday lenders products, financial assistance

Posted by: Green Leaf Loan Group – www.greenleafloangroup.com