http://www.paydaypolice.com/n2.html Payday loan offenses are on the rise! Payday Police explains what many offenders don't understand about their payday loan charge. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 Pull Over Please... Payday Police Is Behind You. So your a little short on cash and you realize you need some quick cash loans - gotta love 'em. A payday loan may be your initial solution to solving the problem. Although the service sounds helpful, it is an easy way to push yourself further into debt. The trend is spreading and more people are starting to take loans to escape crisis before payday. Lending companies are making it even more convenient to borrow money with the creation of the no faxing payday loan. For this reason, payday loan services are emerging fast across the nation also. They prey on individuals experiencing temporary financial stress to provide relief and an insured quick payday loan. Essentially, lenders are offering you short-term loans at a very high rate of interest. They are available online where some services approve almost immediately. The Set-Up... I'm sure you have seen advertisements on television and heard radio spots that rant how easy and convenient their instant payday loan service can be. Services sound helpful and usually promise to get you out of your current financial problem. However, Payday Police Department urges people to really analyze their problem and research alternative solutions. The Department has been instructed by the FTC to request all payday loan candidates to: Make a budget and understand your monthly expenses Build a savings to avoid borrowing for emergencies Find out if you have overdraft protection on your checking account Ask creditors for more time to pay the bill. Inquire about late charges or increased interest rates Contact a local consumer credit counseling service for debt repayment plans The Offense... Often times payday loans are offered up to $500 at one time. The money borrowed and the interest is expected to be payed by the next payday. The individual taking out the payday advance must sign and release a post-dated check to the chosen lender. The lender then holds the check until the next payday. On payday, the person borrowing money then has a couple of options to complete the transaction. The payday cash loan must be paid back on time. The individual can: Grant permission to have the check cashed Redeem the check by paying cash and to cover the loan plus fees incurred Roll over the payments and pay a fee to extend the loan another two weeks. Payday loan fees are usually determined by a percentage of the check's face value or charged per amount borrowed. Lenders usually charge anywhere from $15 to $20 per $100 dollars borrowed. Do I Have any Rights Payday Police is here to enforce the law and insure you are receiving the best payday advance loan service possible. Don't become a victim to cash loan scams. Payday Police and the FTC enforce the Truth in Lending Act. By law, the cost of a payday loan must be disclosed. The consumer must also receive, in writing, the finance charge and manual percentage rate (also known as the APR). Whether you get your payday loan online or in person, be sure you are doing it right. ` Sat, 26 Jul 2008 15:00:00 EDT http://www.paydaypolice.com/n56.html payday advance loan - it's so easy to get a payday advance loan! en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 http://www.paydaypolice.com/n55.html A payday loan online has pro's and con's. Learn about the payday loan online industry from us. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 http://www.paydaypolice.com/n35.html Quick payday loan are exactly what you have been looking for. Learn how to find the right quick payday loan today! en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 http://www.paydaypolice.com/n25.html Payday cash loan companies do not always have you best interest in mind. Fid out how to find a reputable lender to give you the payday cash loan you need today. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 http://www.paydaypolice.com/n24.html No faxing payday loan companies will always boast on how convenient their services are - convenient and expensive! Make sure your no faxing payday loan is convenient for you. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0