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Westside Lenders Discuss When Payday Loans are Viable Options for Short Term Financing

Posted June 13, 2013 by James Helliwell to Financial Advice 0 0
This post was written by a EasyFinance.com Community member. The views expressed below may not reflect the views of EasyFinance.com.

Car broken down and no money? Get a Westside Lenders Payday Loan and solve the problem

Unexpected expenses happen; it’s just a fact of life. Cars breakdown, houses need repair and medical emergencies occur. A large amount of Americans don’t have the extra cash on hand to cover these sudden expenses, and when left unattended they compound and multiply. Instead individuals and families are forced to sell their possessions or rely on costly credit cards to make ends meet. Many times even qualifying for these high interest credit cards can be difficult, and the exorbitant fees and complicated billing systems make them difficult to ever pay off.

I spoke to Westside lenders who are a well established and ethical lender in West America about the times and reasons when it can be solid viable meens to short term financing. I will outline below the advantages using payday loans responsibly and with a responsible lender can have over other methods pf solving a financial crisis that has appeared.

Different Lending Criteria 

weighing up the financial options


A payday loan offers those in need of extra funds an alternative to conventional methods. Unlike a traditional bank loan, companies like Westside Lenders don’t base loan decisions on credit scores or past history, and there’s no lengthy application process. A majority of the time the only qualification is proof of employment. Rather than having to part with personal property like a borrower would by selling or pawning things, a payday loan doesn't even require collateral in most cases.

Fast Payout to Solve the Problem

Westside Lenders said - Payday Loans have a fast payout which can be very handy

Since applicants don't have to endure the usual interrogation and application process of a bank loan, they can get access to the funds they need instantly. The process of a payday loan is quick, painless and easy to understand. Once a borrower determines how much money they need, they fill out a basic application consisting of personal and employment information. Usually a paystub or some other proof of employment is required with this.

Simple to Understand

Simple to understand loans from the USA - & Westside Lenders

A payday loan provider like Westside Lenders uses a simple and easy to understand contract that specifies the terms and fees of the short term loan. The payday loan operates on a very basic principle; for an instant lump sum of cash today the borrower agrees to pay back the initial amount plus a borrowing fee. In most cases the repayment date is set to fall on the borrower’s payday so they'll have the funds to pay the loan back. In some instances the borrower doesn't even have to come back to the location, they simply write a postdated check for the repayment amount and leave it with the lender.

A payday loan isn't always the right choice everyone. It can however be an excellent and easy to use alternative to bank loans and credit cards. Professional lending companies like Westside Lenders exist to help those in need of extra money quickly. If used responsibly a payday loan can be perfect solution to emergency expenses. 

About James Helliwell: FinanceJay is a Financial & Internet consultant who works hard in the city and enjoys his time off, he also loves Eco living as a thorw back to the days spend out of the city living in countryside.

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