Loan Shark Alternatives?

July 28, 2010 By 16 Comments

If you’re looking for loan shark alternatives, then this post can help you find alternative forms of financing.


Living in today’s world can sometimes be a scary thing.  Especially if one does not have much money and does not have the best job to support themselves and their families. 

Alternatives To Loan Sharks

There are many people living paycheck to paycheck.  It’s definitely a struggle out there.

So what do you do when you need money to pay your bills…to pay the rent…to feed your kids?  That’s the question that is on the mind of many, many people these days.  With employer’s laying people off by the hundreds of thousands, it seems there is no end in sight.

Well, if your thought process is in line with what I just mentioned, then you do have some options available to you, which I will briefly go over and get you up to speed.  Getting the money you need to take care of your family is difficult enough, so I will try and make this post as easily to follow as possible.

Where To Find Loans Other Than Loan Sharks

1.  Do you have a fully paid for automobile that you currently do not use? I know that may sound like a silly question, but for some people it is a reality.  What you can do is take your car title to a dealer or licensed company who will give you a loan based on the car’s value.  Granted, the loan’s interest will  be excessively high, and if you fail to pay you will lose your car.  But sometimes getting the money you need is far more important.

Paycheck Advance Is Possible

In all actuality, loan sharks kind of are payday loan providers and paycheck advance companies.  The bonus of dealing with one of these types of loan sharks is they are licensed and you should have no worries of someone :coming after you” physically.  The downside is that the interest can be very high, depending on who you get the loan from.


Or, if you choose not to you could do the following: Look throughout your entire house and find things that could be of value (not your necessities or things you truly value) and decide to have a yard/garage sale.  I’m sure if you look around hard enough you can find tons of stuff to sell.  People love going to garage sales believe it or not!

Filed Under: Loan Sharks Tagged With: find a loan shark, loan shark, Loan Sharks, paycheck advance

No Fax Needed Payday Loans!

July 25, 2010 By 2 Comments

It is becoming more and more evident that the economy that we live in today is not getting any better. Unemployment is up, mothers and fathers are out of work, and it doesn’t show any signs of getting better anytime soon.


Many people do not have a ton of options such as that of other people. In these times, only a very small number of people have very good credit. The rest of us have very bad credit and could not be granted any form of credit whatsoever…even if we tried. This makes it difficult to maintain our lives and get the things we need on a daily basis.  Thankfully, there are other forms of loan options available to those of us who do not have excellent credit. Payday loans. Most importantly no fax needed. The great thing about these payday loans is that one does not need credit and no payday provider will even look at your credit to determine whether you are eligible to receive the loan or not. Try doing that at your local bank. Yeah right. All you specifically need is a checking account (because they will need a place to deposit the money), a social security number, and a job. These requirements are not that stringent.

Is The APR High On Faxless Pay Day Loans?

The only problem that most people face with a payday loan is that the APR can be very high, depending on who you get the loan from. The APR stands for “Annual Percentage Rate“. The annual percentage rate stands for the interest charged for a year, rather than monthly as applied on a credit card, or mortgage for example. Most payday loans do not go above $2,500, so paying back a loan with a very high APR could take some time to pay back, so just be cautious when taking out loans.

Some loan providers require that you fax in a form detailing all of your information, but the use of web forms has mostly prevailed over that method. You just enter your information into the form on their website, hit enter, and sit back and wait for the call. (and the money they will deposit into your account.) Sure.  You could get back a ton of money.  Alot of money actually.  But keep in mind that you have to repay the interest on it. Need more than $1,500? We found 3 payday loan providers that that you can work with. We also found a place where you can get an immediate line of credit. Just fill out the forms! Its quick and easy!


Filed Under: Payday Loans & Cash Advances Tagged With: loan shark, online payday loan, paycheck advance, paycheck loan

How To Qualify For A Payday Loan

July 17, 2010 By 4 Comments

$5,000-10,000 Payday Loan Possible?

If your credit is less than worthy, and by less than worthy we mean less than 600 or so, and the bills are stacking up on you, then you may just need a payday loan to get you through this tough time in your life. 


It doesn’t mean that you are any less of a person for having to get an online payday loan, it just goes to show how horrible this economy has gotten.  There are most likely thousands of people online everyday looking for a loan.  And because 3/4 of those folks can’t afford or qualify for a traditional loan such as refinancing their house or acquiring a low interest personal loan, odds are, they will have to do a paycheck advance.

There are many loan providers online and for the most part all you need is:

  • A job.  If you can provide 2-4 weeks of current employment, then you are  golden.  Most payday loan providers want to see that you have been employed for at least this minimum amount of time before they make a financial decision.  If you have been employed for even longer, say 1 year then you will be in a better situation to get a loan.
  • A social security number.  Everyone’s got one, right?  This shouldn’t be a problem, that is if you are an American citizen.
  • A bank account.  Even though you may not have any dinero, cheese, or benjamins lying around in your account, loan providers still need to be able to deposit the money into some account.  That account being yours preferably, right?

So you see, if you are in a bind and you need cash right away, then by all means, contact an online payday advance company and get the money you need instantly.  Sometime within 24 hours you can have your loan.  I’ve also heard stories of people who have taken out 2-3 online loans and getting around $3-5K, but this is not advisable as the interest will kill you.  Only take what you need so that you can pay it back in a fashionable time.


Filed Under: Payday Loans & Cash Advances Tagged With: find a loan shark, paycheck advance, payday loan

Real Life Loan Shark Stories

July 13, 2010 By 22 Comments

A while back a reader of this blog wrote in and asked to share one his stories of how to find a loan shark.  Because we want to add as much value as possible to this blog and inform those of you who may be actively looking for a loan shark or just curious on the matter, we decided to add his story to our site. 



Do not make any assumptions or assume that because this particular individual received money from a loan shark that the same will happen to you.  Everyone is different and experiences different things.  So, without further ado….

Before He Met The Loan Shark…

Jason was a hardworking family man – a wonderful husband and father to 5 lucky children.  He worked over 50 hours a week, spread out over 3 jobs.  His wife just gave birth 3 days before to their 5th child.  She was on maternity leave.  Heck, if he could Jason would have picked up another job.  The only problem was there weren’t any more jobs to be had.   The economy was in the stinker.  They barely had money left over at the end of the month – and just barely had enough to eat.  But Jason was an entrepreneur at heart.  He knew that he and his family were destined for something greater in life.  He had a business plan.  A business plan that involved renting out inflatable bounce houses.

But he had no money.

Doesn’t it suck when you have an awesome idea, but no money to implement the idea.  (See where I’m going with the loan shark thing?)

Even though he had bad credit, no money and only a hope and a prayer, Jason found a way to get the money he needed to start a business.

Check Your Credit Here!

How?

He reached out to a loan shark.  He found one online who was willing to loan him the money he needed for a fixed rate and a short duration period.  Now, Jason and his family are doing splendid since he started his business, paid back his loans, and everything is just peachy once again.

Filed Under: Loan Sharks Tagged With: find a loan shark, loan shark, loan shark online, Loan Sharks, paycheck advance