Payday Loans Help Purchase Gas In California

Need an online payday loan to purchase gas? You may if you live in California. The prices have jumped up an average of close to one dollar per gallon in less than two weeks leaving many in the workforce struggling just to get to work.

Refinery and pipeline problems have put a squeeze on the fuel supply which created record high prices at the pump. Areas which are highly affected by unemployment are being hit with the highest prices. How can I get a payday loan when I have no job and cannot afford fuel to get there? Many areas in Southern California are shelling out close to $5.00 per gallon.

Californians may catch a break if the Governor’s request for early release of the winter’s blend of gas is approved. The winter blend is a gas which evaporates more readily into the environment during hot weather. The summer blend is less harmful to the environment. Usually, the winter blend does not hit the market until the end of October, but even if it does get released early, it will take several days for price relief to hit their tanks.

Is filling your gas tank an unexpected cost which would justify taking out an online payday loan? It could be for many. Knowing that the high gas prices will be around for a bit and the commute to work stay the same, it just may take a low cost payday loan to get by till prices begin to drop.

How do you handle a quick unexpected demand on your income? Do you have a savings account? How about a credit card with an open balance which could take the hit of filling your gas tank at almost $5 per gallon? Would you use an online payday loan in order to fill your tank up this week? What other options are there for people who live paycheck to paycheck?

It is a good thing that California is a state which allows low cost loans. There are certain regulations which lenders will have to follow, but the availability of quick cash when your budget cannot handle the overload is a good option to have. Think about if California was one of the states which banned all payday loans, how would someone with no other credit options find the cash to fill the tank and pay the normal bills? It would be disastrous financially as people go without paying their bills in order to get to work.

Let’s hope there will be quick relief at the pumps. Those in a panic for money may learn to start a savings for situations just like this. When you have no personal resource, depend on a responsible lender who will offer lower fees. It is good to know your lender prior to landing at the gas tank, so a quick application is all it takes. If you have never used a payday loan online or do not know anyone who did, you will not want to comparative shop for one who uses best practices.

Personal Financial Freedom – Sticking To Your Personal Financial Budget

To achieve financial freedom we must live within our means and be financially responsible. To be financially responsible we must track our income and expenses through our personal financial budget. The first step in personal financial freedom – living within your means – is done by tracking income and spending less than we bring in.

Keeping track of our income and expenses and preparing a personal financial budget is the easy part. The difficulty comes in sticking to our personal financial budget and continuing to track our finances often. For most people this is very difficult to do once they get caught up in the rush of life. In order to be successful we need to set up a planned time to keep our personal financial budget and income/expense tracking up to date.

Now, finally onto what this article is about. Today I want to give you readers some real life personal financial advising tips that will help you to stick to your personal financial budget and live within your means.

1) Be Organized- To be successful and succeed in our quest for financial freedom we all must be organized. Without being organized there is no way we can possibly track our income and expenses and stick to our personal financial budget.

2) Take control of your spending- US Citizens savings rate has dropped from 11% in the 1980’s to a negative savings rate today. This is clearly not the way to live within your means and achieve financial freedom. You need to take control of your spending and be sure to only spend money that you have. This means absolutely no credit card debit. Using a credit card is perfectly fine but only to the extent that you can pay off the full balance every month. As of today the average American has roughly $7500 in annual consumer debit. That averages out to over $600 per month. You must give up on the debit and begin to stick to your personal financial budget or you will not succeed in achieving financial freedom.

4) Setting Goals- Setting personal financial goals for your future is very important. If you can set future goals then it can help you stay on track today.

5) Cut any Unnecessary Expenses- To achieve personal financial freedom we need to live frugally today. Living frugally today will payoff and you will be much for financially free in the future. We all have a significant number of unnecessary expense that we can cut from our spending. All it takes is small things like packing a lunch for work instead of eating out.

Here are some more specific everyday tips for savings money:

1) Buy Store Brands When Possible

2) Don’t Eat Out So Often

3) Never Buy a Brand New Car

4) Use Coupons and Stock Up on Sale Items

I think you can see from this article that small savings is very important in achieving financial freedom and sticking to your Personal Financial Budget.

Personal financial freedom is a great thing to experience but it definitely takes sacrifice now so that you can have that financial freedom in the future.

Why Starve Your Needs When Payday Loans are there to Gratify Them

The long awaited paycheque is finally here. However, the reverie with the paycheque is not expected to last long, because of the various expenses yelling for their fulfilment. Having spent a major part of his income the individual is left with nothing or very less to tend even to the day-to-day expenses. Had fasting or some other ways of postponing the needs been of help, the individuals would have readily tried them. However, they rarely do help.

A more viable solution for these mid monthly blues are payday loans. Payday loans offer a solution to the problem. Instant cash is made available through payday loans to enable borrowers meet the needs.

Fast approval of payday loans:

It is often contended as to why people opt for payday loans when other loans can also be used. This is because the process of approval of other loans is long drawn as various valuations and checks are involved. Payday loans, being needed for urgent needs cannot do with the delay. Hence payday loans, that are approved in as little as 24 hours.

Payday loans are short-term loans that are repayable within the next payday. Since they are taken in order to meet the day-to-day expenses, the maximum amount lent is £500. Payday loans are secured loans having the next month’s salary as the collateral.

Eligibility for payday loan:

Thus, it can be ascertained that employment is a prerequisite for the payday loans. Most lenders desire a borrower to be employed for a period of at least 90 days. An unemployed person may not qualify for the loan. Along with employment, the borrower will have to fulfil the following basic criteria for getting the payday loan:

o The salary or income received in any form must be deposited directly into the bank.

o The borrower must have a bank account.

o The borrower must have a chequebook or debit card.

The process of payday loans starts with the application by the borrower. With more and more lenders offering their services through internet, borrowers’ task has been eased. An application faxed to the lenders gets a much speedier response. The money is transferred to the borrowers’ bank account through wire transfer.

Types of payday loans:

There are various types of payday loans doing the rounds of the loans market nowadays. Some of them are as follows:

INSTANT PAYDAY LOAN

Some lenders term their payday loans as instant payday loans. In fact, payday loans are designed to offer fast cash. Thus terming ones product as an instant payday loan is like adding synonymous adjectives.

NO FAX PAYDAY LOAN

A no fax payday loan requires the borrower to have a higher credit score. A high credit score is seen as a higher credibility. The value of the property must be about two to three times of the annual income received by the borrower. The more is the value of the home, the more will the borrower be able to receive as payday loans.

ONLINE PAYDAY LOAN

Online Payday loans are the loans that are available through the internet. These loans are quickly approved to enable borrowers to have instant cash. Borrowers apply by filling the online application form available on the website of the loan providers.

However, the caution “think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it” must be strictly adhered to. A payday loan cannot be used every time a financial crises crops up. Large number of loans will require a larger repayment, thus making them difficult to be borne. A more judicious use of the monthly income and the habit of saving will help in improving the financial scenario to a large extent.

Money Transfer Advice For Security And Savings

With over 175 million people living outside of their country of origin, the growing usage of migrant workers and the continuation of globalisation the money transfer market looks set to continue its current growth levels of 10-12% per year. Currently the market is already worth over $250 billion with more and more companies organising new and innovative services for transferring money alongside some more traditional money transfer companies.

Some of the more well known money transfer companies are: iKobo, Western Union, ICICI, MoneyGram and E-gold. For newcomers to the money transfer market it can be a little overwhelming at first. There are a variety of methods that these companies use to transfer the money not to mention bank transfers and paper transfers. For this reason it is important to make an informed choice about who you are going to transfer your money with, it is far better to make an informed and safe judgment than to just use the first money transfer company that you come across.

Whilst we all want to get the best value for money transfer it is a good idea to remember that the cheapest option is not always the best option. With that in mind here are a few points worth bearing in mind whilst arranging your money transfer:

What exactly is the money transfer fee and how is it calculated?

What is the exact exchange rate that they are using?

How will the money actually get into the hands of my intended recipient?

How soon will the funds be made available?

Is it possible for the recipient to be able to collect the funds from different locations?

Are there any extra fees for using credit cards? Exactly how much will they come to?

If they are able to answer the above questions quickly and easily then the chances are the company are well organised and capable of transferring your money. However save your receipts – all signed documents are proof of the money transfer and would be useful if there was to be a dispute.

Furthermore here are a few more questions you may wish to ask the company:

If the money is not received by the specified time/date will I receive any compensation?

What rights do I have if this situation were to occur?

Does the recipient have to pay a fee as well?

What rights do I have if the money is not received at the promised time?

If the recipient is unable to pick up the money transfer for some reason, what is the refund policy?

What ID is acceptable for the recipient to provide in order to collect the money transfer?

Now of course having dealt with the safety concerns how about saving a bit of money as well. Here are a few top tips to consider:

Consider a delayed transaction. These are often significantly cheaper the only difference is the money transfer can take 2-3 days. This should not be a problem if there is no emergency.

Think about performing a direct bank to bank transfer although generally these are slower this can often save a considerable amount, consult your local bank for details of any particular bank codes that you may need.

Don’t forget to watch out for hidden exchange rate costs. This is often where the money transfer companies will make their money on you. They don’t always make it clear exactly how much they are charging and for what.

Be aware that different companies charge more money for sending to different locations so depending on your situation this could increase the fee dramatically.

Try not to use a credit card if possible as this may also add an extra charge for you as you will have to pay the cash advance fee. Furthermore try and find a company that offers a flat rate fee as opposed to a money transfer company that charges a percentage as this tends to be a better deal.

Finally, Check the newspaper or online for the latest rates and cross check them with what the company are offering you. You may find you are losing money compared to what you should be getting so don’t be afraid to find a new company if this is the case.

There are a lot of new companies starting all the time and a great variety of ways for you to transfer your money so make sure you check out all the competition to find the one that suits you most, your needs and your budget. So having considered all the above safety factors and money saving tips there is no reason for you not to be able to transfer your money in timely and cost-effective manner.