Cash loans up to $5,000!
Many times, just when we think we finally have our “financial ducks in a row,” suddenly unexpected expenses arise that we don’t have the cash on hand to pay for. And yet, these expenses are often of an emergency or at least very urgent nature, so that there really isn’t time to apply for a traditional bank loan or just save up money to take care of the expense later.
Maybe your car broke down and you don’t have money to repair it so you can continue to drive to work. Maybe your roof is leaking badly, your need money to fly cross-country to attend a wedding, funeral, or graduation, or perhaps, you need extra cash to live on at college that simply isn’t covered by student loans.
These are the situations when you need access to cash loans without undue delay or needless complication. But do such cash loans even exist? And if they do, do they exist for people with less than perfect credit?
What Kinds Of Cash Loans Are There?
There are three main types of cash loans that even people with bad credit, or with no significant credit history, can usually still get approved for: payday loans, personal installment loans, and title loans.
Most people are understandably leery of title loans since it puts your vehicle at risk (which may be your only means of transportation.) Plus, you would have to own your car outright with no one else on the title and then go through a complex process to make these loans work at all.
Payday loans sometimes require collateral, sometimes not. They usually require you to have a US-based checking account and meet a few other basic standards.
In some cases, however, you can get a payday loan on a special credit card to which the loan is credited. Your paycheck would also be credited to the card and your payments auto-deducted from it.
Payday loans can be a good solution if you need a small amount of money ($100 to $1,000) and can repay the loan in full within 2 to 4 weeks (your next paycheck.)
Personal loans are normally the best option for larger cash loans and when you need more time to repay. You repay the loan in regular monthly installments over anywhere from a few months to a few years, and the principal is normally from $1,000 to $10,000.
Personal installment loans give you more flexibility in terms than most other fast cash loans, and they require no collateral. Repayment is auto-deducted from your bank account, which helps ensure no payments are ever late.
Should I Get Cash Loans Online?
Some people are leery of taking out a loan online. But in reality, the Internet is now a place where all kinds of transactions take place, including not only retail sales but bank transactions and lending agreements as well.
Everyone’s doing business online these days. There are both brick-and-mortar lenders with an online presence and companies that operate fully online. And any lender who has no online presence is likely to lose a lot of business.
Thus, getting cash loans online is not at all unusual. And it is, of course, highly convenient. Cash loans online can typically be processed 100% from your home computer desk (on mobile device), saving you time, gas money, and (frankly) the potential embarrassment of being turned down for a loan in public.
You should exercise good caution wherever you get a fast cash loan, be it on or off line. Do a little research on the company, ensure the website is secure (green HTTP and lock in URL line), look for an address and contact information on the site, and do a Google search on the company to find online reviews.
And you will also want to comparison shop online lenders. Using Bonsai Finance is a great, convenient way to do this since we can rapidly search hundreds of online fast cash lenders and help you compare available offers to find the one that best meets your needs.
The Convenience Of Fast Cash Loans
When you need a cash loan and need it fast, time is as important as is the money. You may have schedules to keep, payments that are in danger of being late, or even be at risk of losing your car or your home. Whatever the exact situation, the fact is that online payday and personal loans are often needed within a few days or a week or less at most.
The process of getting a traditional bank loan, if you even are approved, can take many days or even weeks. And if you aren’t approved, you would have to start all over again with another bank. That’s not acceptable when you need cash quickly.
With easy cash loans gotten online, you can see your borrowed cash deposited in your bank account within the next business day, or within two business days at most.
Once in your account, you can use the cash any way you choose. There are no special restrictions, and there is no one looking over your shoulder telling you how to send each dollar.
Why Online Cash Loans Are Also Easy Cash Loans
Besides the fact you can apply for payday and personal loans online without any need to mail (and usually no need to fax) and information – and besides the quick, convenient manner in which the cash is direct deposited into your bank account for immediate use, the application process also makes these loans deservedly called “easy cash loans.”
First, there are very few requirements to qualify for these easy cash loans. Some of the requirements that you do have to meet would typically include:
- 18 years old or older.
- Have an active US bank account.
- Can demonstrate an ability to repay the loan.
- Are not currently in bankruptcy.
- Do not currently owe money on other fast cash loans.
But your credit score will not be used as a basis for approval or denial of the loan, with many online lenders, and many of them will not even run a credit check on you. Basically, these loans are approved based on income (ability to repay) rather than credit history.
As to the application process with online fast-cash loans, it usually takes only a few minutes to complete. Only the most basic (and relevant) personal and financial information will be asked for, and your information is always kept secure.
And there’s no long waiting period before you know the result of your loan application. In fact, almost all customers are approved for some type of loan, and the application should take at the most a few minutes.
Finally, repaying your loan while avoiding late fees is also simple. Your payments on personal loans will be determined based on your income to ensure you can afford the monthly installments. And they will be automatically deducted from your bank account each month so no payment ever need be late.
Why Find Your Loan Through Bonsai Finance?
At Bonsai Finance, we are in business for one reason: to help people find their ideal online loan as quickly as possible.
That means we provide you with access to powerful online search engines that rapidly scan numerous online lenders based on your preferred search criteria. Think of how impossible it would be to try to visit dozens or hundreds of online fast cash loan sites and research all of the information you find at each one. The time investment involved clearly makes that approach untenable.
But unless you can search a large quantity of sites, you could easily be missing out on your best available loan. We at Bonsai can whittle down the options to your best few based on your search criteria and then lend you our expert advice to help you decide which loan to apply for off your “short list.”
We can help you find a lender that will not reject you based on your credit score or even run a credit check. Or, we can find a lender that will reward you for having good credit.
We can help you find a cash loan with sufficient principal to meet your needs, with sufficient repayment time, with the lowest possible interest rate and fee rates, or in a host of other important categories.
Also, our staff has deep experience in the payday, personal loan, and other online cash loan markets. We know which lenders are reputable and which are not, and we help you make a wise choice of lender.
By assisting those with bad credit find a fast cash loan that meet their needs and that they can manage to repay on time, we both help you avert the immediate problem that caused the need for the loan – and, we put you in a position where you can improve your damaged credit.
At Bonsai Finance, our goal is to find each cash loan seeker his or her preferred loan and lender in as little time as possible with as little hassle as possible. We have been accomplishing that goal for many years, and we can do the same for you!