Bad Credit Loans: What Are My Options?

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Are you enduring a bad credit score after missing repayments on your loan, or have you had a bankruptcy charge or a county court judgment against your name? Having a bad credit score doesn’t necessarily insinuate that you are irresponsible. At times, bad economy, loss of a job, or unexpected bills like medical expenses can put you in a financial difficulty. And, even though bad credit may be a stumbling block to getting a solid financial future, you can still acquire a loan with bad credit. Here are the bad credit installment loans Utah options to consider if you have a bad credit score.

 

Visit a Credit Union

Being nonprofit organizations, credit unions often pass their earnings to the members in the form of lower borrowing costs and customized customer service. They are more flexible and can be forgiving to customers with imperfect credit scores. The only requirement is to become a member.

 

Borrow From Family or Friends

The decision to borrow from friends or family shouldn’t be taken lightly since defaulting to pay back the loan could lead to poisoned relationships. To avoid future problems, you should have legal contracts stating loan terms, interest rates, and what happens if one defaults.

 

Consider Guarantor Loans

You can find someone with an outstanding credit score who trusts your ability to repay the loan to co-sign a loan application. You are both held responsible for the repayments. Timely payments boost both your credit scores whereas late payment or defaulting reflects negatively on both your credit scores.

 

Try Marketplace Lenders (Peer-to-Peer Loans)

With marketplace lenders, you can borrow from another individual instead of going to financial institutions. You can create a profile and post an affordable loan listing on peer-to-peer websites where investors can review and choose if they wish to fund.

 

Secured Loans

Even with a bad credit score, you can still acquire a bank loan by borrowing against your own assets such as your car, savings, home, and even stocks. The lender holds the asset as collateral in case you default on the loan.

 

Payday Loans

These are unsecured short-term loans that you must repay by your next payday.

Money issues can crop up at any time in your life, ranging from medical emergencies to a car breakdown or even day-to-day expenses between paychecks. Let Money 4 You Payday Loans help tide you over. Our loan application process is fast, easy, and friendly. Contact us today for your Utah money needs.

 

About the Author:

Mike is the owner of Money 4 You Payday Loans in Utah. He has been serving the community for over 20 years and has kept that small-town, friendly business feel from the start. Money 4 You Payday Loans has 21 locations across Utah to serve you.

 

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Is Getting a Cash Advance Loan in Utah Easy?

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Have you ever been caught in a financially challenging situation midmonth and your salary won’t be released until after two weeks or so? Most of us have been through that time, and the only way out was borrowing from friends and family. This tactic might work once, twice or even severally until that one day when everyone you know is also as broke as you. In this situation, you will need to consult with a financier who provides cash advance loans in Utah if you are from around the area. Here are a few things you need to know about cash advance loan in Utah.

 

What is a cash advance loan?

A cash advance loan also referred to as a payday loan, is a short-term loan that is typically due for payment after 14 days. In the arrangement, you will borrow the amount you want from a bank or provider, and you are required to return the money together with the interest after the time has elapsed. There are numerous regulations on the limits that your loan provider can charge you. Soldiers and their descendants always receive extra protection and might even get complete waivers from such interest.

 

How easy is it to get a cash advance loan in Utah?

The process involved in securing your payday loan is particularly simple in Utah. There are at most three steps to the exercise, and you will be able to have completed the ordeal.

  • First, you need to give your provider a check quoting the exact amount of money you want to borrow. The amount on the test should also include the fee that you will be required to pay for the money.
  • The lender will then hand you the money and keep the check you gave them. The money they will provide will be less the fee for the loan
  • After the allocated time has elapsed, you have to take the money to the lender and have them return your check.

 

How high can the fees go?

The cash advance loans are not expensive, however, charges depend on the lender’s terms and conditions. Average rates in Utah is around 12.5%. If you fail to pay back the loan on time, then the loan will roll over. This means that you will pay twice the fee after two more weeks have elapsed. For cash advance loan Utah, contact Money 4 You Payday Loans.

 

About the Author:

Mike is the owner of Money 4 You Payday Loans in Utah. He has been serving the community for over 20 years and has kept that small-town, friendly business feels from the start. Money 4 You Payday Loans has 21 locations across Utah to serve you.

 

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How Payday Loans Work in Utah

How Pay Day Loans Work in Utah

Payday Loans have become an essential part of financial survival for many residents of the state of Utah. According to a Utah governmental audit, each year approximately 60,000 to 120,000 adult Utah residents use a payday loan each year. There are many payday loans companies in Utah which can provide these short-term loan options for those with urgent financial needs.

What is a Payday Loan?

A Payday loan refers to a short-term loan (also known as a deferred deposit loan) from a lender for immediate or emergency expenses such as car repairs, rent or utility bills. With a payday loan, the lender holds a personal check for the amount borrowed plus interest as collateral. The check is then deposited into the borrower’s checking account in full payment of the loan on the borrower’s next payday.

 

What is Required for a Payday Loan in Utah?

To qualify for a Payday Loan from payday loans companies Utah, a potential Payday Loan borrower must have been employed for at least one month. Another requirement is that a Payday Loan applicant has an active and open checking account. Also required by most payday loans companies Utah is an active phone number and proof of income. A valid utility bill with your name and address, a valid form of identification and 3 or 4 personal references are also normally required.

 

How Much Can I Borrow and How Much Does a Loan Cost From Payday Loans Companies in Utah?

Payday loans from payday loans companies in Utah can usually range anywhere from $100 to $500. The annual interest rate for a Payday Loan in Utah is 521.43% or an interest rate of $20 every 2 weeks to borrow $100.

 

How Do I Apply for a Payday Loan?

A Payday Loan in Utah can be applied for using a simple and convenient online form. Applications can also be completed at local offices of payday loans companies in Utah.

 

Call Today to Apply for a Payday Loan in Utah

Money4You Payday Loans has served the short-term financial needs of Utah for over 20 years. Our quick application process is 100% safe and secure, and your first loan is interest-free! Call us today at 855-MY-MrMoney to apply for a Payday Loan.

 

About the Author:

Mike is the owner of Money 4 You Payday Loans in Utah. He has been serving the community for over 20 years and has kept that small-town, friendly business feels from the start. Money 4 You Payday Loans has 21 locations across Utah to serve you.

 

Money 4 You Payday Loans
money4youpaydayloans.com

6 Tips to Dodge Credit Card Mishaps

6 Tips to Dodge Credit Card Mishaps

Avoiding credit card mishaps take a lot of practice and knowledge to deal with. To make sure that you do not make some of the common mistakes with your credit cards you need to have a vast knowledge of how the credit card companies work. You, therefore, need to do your research extensively. Failure to which you might find yourself in a deep hole with the credit card companies which is very hard to come out of. The following are some of the useful tips and tricks that will ensure that you keep your credit card in check.

 

1. Look Out For Minimum Payments

There is a notion going around that if you have the least payments on your credit card, you are going to be free of bad debt. This is, however, far from the truth. The truth is that the small payments you are making are just part of the interest. The only thing that the credit company did was make sure that you are going to pay the debt over several years. This is a debt ditch that is worth dodging.

 

2. It Is Essential To Keep the Late Payment Fees

Most creditors now charge a fee if you miss a payment. These fees are worth avoiding. There are those creditors who expect you to pay even during the weekend; this is an issue that you need to raise with your creditor. It is, however, important to note that with credit card payments, timing is everything. You, therefore, need to make sure that you keep time for payments which are due.

 

3. Take Advantage of the Introductory Rates

Introductory rates are just trying to make you comfortable while starting up the payments. Fact is that the initial rate expires after a while. You need to make sure that you take maximum advantage of the rate and pay off your debts before the rates increase. This time you should make sure that you pay most of your debt. The balance is usually carried over to the new rate. You will end up having a hard hit if you are not able to pay during the period because most creditors will also add the accrued interest on the balance.

 

4. There Are Higher Interest Rates on Cash Advances

The cash comes from the creditor rather than the cash advance loan companies. These transactions are viewed as safer than other payment methods by most debtors. However, you need to be aware that the interest on the funds starts accruing immediately you receive the funds. The financial charges increase when you receive the next statement. There are several cash advance charges that you have to make sure you prepare for.

In a nutshell, using a credit card is as comfortable as flying a plane only if you know what you are doing. To make sure that you do not fall hard because of your credit card you have to make sure that you know what you are doing. Contact Money 4 You Payday Loans today for your loan repayment solutions. We offer the bests rates in the market.

 

About the Author:

Mike is the owner of Money 4 You Pay Day Loans in Utah. He has been serving the community for over 20 years and has kept that small-town, friendly business feel from the start. Money 4 You Pay Day Loans has 21 locations across Utah to serve you.

 

Money 4 You Payday Loans
money4youpaydayloans.com

5 Activities to do in Utah on a Budget

5 Activities to Do in Utah On a Budget

There are lots of great fun activities that you can do in Utah. If you are on a tight budget, you can still have lots of fun without spending too much on your vacation. Here are 5 activities to do on a budget in Utah.

 

Explore the Beautiful Landscape of Utah

Put on your hiking gear, visit one of the many caves, enjoy the sound of waterfalls, and drive to a beautiful canyon to enjoy the fantastic features that nature has to offer in Utah. Some of such affordable places to visit include the Donut Falls in North Salt Lake where you can also hike, and The Bridal Veil Waterfall next to Provo Canyon. You can also visit the Alpine Falls Canyon and Timpanogos Cave.

 

Relax in One of the Many Great Parks

Salk Lake City itself boasts 126 parks, each with their own unique features. Some of the most affordable parks, yet loaded with lots of fun facilities such as playing fields, picnic tables, jogging paths, and pickle-ball courts include The 11th Avenue at the Terrace Hills Drive, Arcadia Trailhead at Lakeline Drive, and 17th South River Park.

 

Spend Time With the Animals

Wind down your afternoon with either the domestic or wild animals. Utah has several animal parks some of which the entry is free while others are affordable. Some of these places where you can visit the animals include the Wheeler Farm, Tracy Aviary, and Hogle Zoo in Salt Lake City. There are usually deals and discounted coupons on these parks from time to time.

 

Play With Water at Splash Pads and Water Parks

During spring and summer, nothing cools down the afternoon than a good splash of cold water. There are several cool slash pads and water parks across Utah where your family or yourself can enjoy the awesome splashes. Most of the pads are ideal for visitors of all ages. These include Umbria Splash in Herriman, Rosecrest Splash Pad in Herriman, and Seven Canyons Fountain at Liberty Park.

 

Visit One of the National Parks

Enjoy a day in the wilderness in one of the many national parks in Utah. Most of the parks are budget-friendly and packed with lots of fun. The common ones include Arches National Park where you enjoy red rock formations and beautiful trails, and Zion National Park where you can camp, climb, and hike.

You can still have plenty of fun in Utah on a budget. There are lots of cheap fun activities all over the county. Get up and enjoy some of these destinations on your next vacation.

 

About the Author:

Mike is the owner of Money for You Pay Day Loans in Utah. He has been serving the community for over 20 years and has kept that small-town, friendly business feels from the start.

 

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Money Tips for the New Year

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The New Year is finally here, and as far as resolutions are concerned, financial success is one of the most popular ones. It’s becoming increasingly difficult for younger people to save money and get on the property ladder, thanks to the high inflation and interest rates. There are numerous ways of saving money or getting additional income — including options such as installment loansbut most of them call for fundamental changes in the way that we manage our finances.

The Christmas period can be financially draining, and when its finally over, many people find themselves in a financial crisis. Whether your New Year’s resolution is to become stricter with your spending or open a savings account, here are a few money-saving tips to ease your money woes:

 

Weigh Your Transportation Options

According to a 2016 article in Forbes, engaging in thrifty modes of transportation can save you money. The biggest way to save money that way is walking, but when that’s not possible, there are other ways to reduce the money you use to get from one point to another. If you have to drive, carpooling or sharing a car can help you save money. The bus, subway, and other modes of public transportation are easy options when available.

Limit Online Shopping

Buying stuff online is easy. All you have to do is place an item in a cart, make a payment, and await the delivery.  As a result, many people develop a habit of making frivolous purchases online, which reduces the amount you have for savings. If you are a frequent online shopper, it is recommended to avoid creating accounts of your favorite sites as this makes it more convenient to make unnecessary purchases. Having to enter a shipping address and your credit card number each time you make a purchase can make online shopping less tempting.

 

Make Bagged Lunches and Stay in For Dinner

Eating in on the weekends and bringing your bagged lunch to work can save you a lot of money. In November 2015, USA Today reported about a survey that showed that an average US citizen spends $1,043 every year eating out for lunch. Yahoo Finance reports that eating in restaurants has increased by 2-3 percent every year. That’s a trend that anyone looking forward to making some saving this year needs to move away from.

 

Limit Credit Card Usage

It’s very easy to lose track of home much money you are using if all you do is swipe your card. Therefore, in most cases, the use of credit cards often leads to difficulty in saving money. You are more likely to save money if you use cash and set a strict limit for yourself. That way, you will always be in control of your spending, which can help you save money.

If you happen to find yourself in a sticky situation financially, worry not. There are ways to get out and get back on your feet. Utahans and Idahoans can get installment loans — repaid in a set number of scheduled installments over time — from Money 4 You Payday LoansCall us or visit our website to apply.

 

About the Author:

Mike is the owner of Money for You Pay Day Loans in Utah. He has been serving the community for over 20 years and has kept that small-town, friendly business feels from the start.

 

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money4youpaydayloans.com

3 Money Mangement Resolutions for New Year’s

3 Money Mangement Resolutions for New Year's

It’s a fresh start to another beautiful year, and an incredible time to set some great money management related resolutions. You should set small practical objectives to help you to accomplish your bigger objectives. Set up an emotionally supportive network to make it less demanding to achieve your budgetary objectives. It is vital to gauge your progress consistently. As you get ready for the New Year, here is a rundown of three basic money management resolutions that you might consider setting this year.

 

Start to Budget

Planning is the most vital thing you can do to enable you to be fiscally effective. There are many individuals who profit a lot but have little money. This is because they don’t handle their cash very well. The way to doing this is to plan for where you will spend your cash and stick to it. In the event that you experience serious difficulties adhering to a spending plan set by you, you can consider using envelope framework. This will help you to quit spending once you have achieved the breaking point every month.

 

Clear Your Debt

Coming out of debt is another key advance to taking control of your accounts. By truly concentrating on clearing your debt, you can decrease the sum you pay in interest. It is additionally an unbelievable freedom to be without any debt on the head; be it of the payday loans or other big loans. You have more opportunity to do the things that you need to do. You have more noteworthy employment adaptability and you can quit paying the premium and begin procuring interest when you are without debt. You should begin by setting up a debt-clearing design.

 

Start Saving Money

Saving is another essential key to money related achievement. You ought to spare no less than 10% of your salary every month. This cash will then accumulate rapidly and will help you in dealing with your retirement commitments. By setting up a habit of saving now, you are opening the entryways for what you can do amid your retirement years. In the event that you are attempting to discover approaches to spare some cash, you can begin by decreasing some of your expenses.

You ought to take in more knowledge about dealing with your cash as well. You can do this on the web, or by perusing books and magazines. You may likewise need to start investing the cash you are saving. This enables you to add up your cash at a considerably faster rate. In the event that you are uncertain of contributing on account of the present economic situations or on the grounds that you don’t see how the business sectors function, set aside the opportunity to converse with a financial planner. They can enable you to comprehend the dangers and advantages of investing. For procuring some extra cash to either pay for your medical bills or some other needs like gifting, Money For You Pay Day Loans, your Pay Day loan specialist, can help you fulfill your needs.

 

About the Author:

Mr. Money Mike is the owner of Money for You Pay Day Loans in Utah. He has been serving the community for over 20 years and has kept that small-town, friendly business feel ever since.

 

Money 4 You Payday Loans
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