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Are Credit Cards Better Than Quick Payday Loans? ?>

Are Credit Cards Better Than Quick Payday Loans?

Credit Cards Better Quick Payday Loans

Speed and convenience of borrowing makes one option better over the other. One time favors one trend and the other time favors the other trend. There was a time when credit cards were famous for their handiness in times of emergency. Gradually with some better and realistic options such as quick payday loans making their way, credit cards usage gradually dipped.

Quick payday loans have many features contributing to its rapid and massive success in a very short time. With interference of technology, physical labor in getting a loan is reduced to minimum. You need not run to a corner money store and toil in long queues to get some cash in unexpected events. With payday loans, you can experience the ease and convenience of borrowing money. It is easy to apply online and request the amount you need. In addition, there are no mundane formalities for loan approval and processing. It takes less than two minutes to fill in the online application and submit. Your loan approval status is intimated almost instantly.

Unlike credit cards, payday loans do not call for wide eligibility criteria. You can become eligible for loan even with your bad credit. The only requirements are a regular job with a monthly income of minimum $1000, active checking account, and the individual should be 18 or above. Therefore, it is easy to get cash without having a credit card.

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Consumer Notice: A payday advance is a small, short-term loan intended to cover a borrower's expenses until the next payday. Payday advances are intended for short-term financial relief and do not constitute long-term financial solutions. Consumers facing debt and credit difficulties should seek out debt and credit advisory assistance. Consumers are encouraged to learn more about the risks involved with payday advances, local laws and regulations that may apply to payday advances, possible loan alternatives and recent developments in their state.

Legal Disclaimer: EZPaydayCash.com is a legitimate direct lender authorized to lend money to genuine borrowers where the interest rate, term and maximum amount that can be borrowed are solely decided by the company. Without authentic and verifiable information in the application, funding by no means is guaranteed. Upon requirement, the prospective borrower is expected to provide additional document/information- failing which would result in rejection of the loan application. While reviewing loan applications, we typically do not perform credit checks with the three major credit reporting bureaus (Equifax, Experian and TransUnion). However, soft credit checks or consumer reports through alternative providers such as Teletrack or DP Bureau, which typically will not affect your credit score, may be obtained in certain circumstances. You will not be charged any fees to use EZPaydayCash.com's service. Learn more by reading our Rates & Fees section. To change your communication preferences for this website or to submit a comment or question you can contact us.

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