You need a new alternator and battery for the car and it’s going to cost about $350. However, you can’t pay for them until next payday, and you have no way to get to work without your car. Cash advance lenders online are there to help with problems like these. However, not all lenders are created equal and some are much better than others. So how can you pick a good online lender? Here are some helpful tips to get you started.
“No Fee” Applications
Some cash advance lenders online may actually charge a fee for taking a loan application. However, there is no reason to pay these kinds of fees, because you can find a lender who does not charge for applications.
Contact Info
When you check out cash advance lenders online, make sure to see if they have a toll free phone number where they can be reached during normal business hours. It’s good to have an email contact too, so you can ask questions any time of the day or night. However, a phone number is important, because it lets you know the lender is legitimate.
Fee Listings
The best cash advance lenders online clearly list their fee schedules. This makes it very easy to compare costs. In fact, the loan fee should be the only charge you have to pay. Check to see if the lender has other charges which will add to your loan cost.
Secure Server
When you visit the website of a lender, you may notice a “http://www” in front of the URL or website address. However, once you go to the section to fill out an online application, you should see “https://www” in front of the address. HTTPS means you are on a web page with a secure socket layer server. You also should see an image of a padlock on the browser window letting you know you are on a secure site.
A secure server ensures your private information remains confidential. When you send your info to the lender, it is scrambled and encoded and only the recipient of the form can decode the message. This means, if someone were to intercept your data, they could not read it
Fast and Easy
The best cash advance lenders online provide simple forms and it should only take a few minutes to fill them out. In addition, you should receive an approval within hours (depending on when you apply) and your money should be in your checking account by the next business day.
