http://www.paydaypolice.com/n4.html Payday advance companies offer great deals, but at what cost? Payday Police helps you identify all the hidden facts about your payday advance. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 How Payday Advances Work I'm sure you have seen the ads saying "Quick Cash", "Fast Loans", "Fast Cash Advances", for amounts ranging from $100 to $1000. They exploit convenience but fail to tell you how a payday loan really works. Payday Advances are also known as payday loans or cash loans to consumers. Payday advances are usually secured by a personal check or bank account information. After completing the agreement, the consumer is given an amount which is the fee for the loan process. Terms of payment is then discussed with the lender. Of course there are some precautions the FTC and Police Patrol suggest you take while searching for a payday advance. You can avoid scams by: Don't pay for anything over the phone. Its illegal for companies to offer loans and require you to pay for it before you receive it Ignore ads and calls from companies that ask for a fee in exchange for your payday advance try not to give your credit card number or bank account information over the phone as you apply for payday advance loans. Ads for payday advance services usually appear in the paper with "900" numbers, which later incur charges on your next phone bill. If you don't have the cash advance payday loan offer in hand -- or confirmed in writing -- and you're asked to pay, don't do it! Who Is Taking Out Payday Advances Although taking a payday advance can be a logical solution to some financial situations, some companies focus on targeting the less fortunate. According to the CFSA (Community Financial Services Association of America), payday advance customers represent the working middle class of society. Applicant incomes range from $25,000 to $50,000 annually 68% are under age 45 42% own their own homes 66% use payday loans to cover unexpected expenses 34% used it for planned expenses 70% choose an online payday advance because of convenience 96% are aware of finance charges Don't be a statistic! Know where the dangers of a fast payday advance really are and avoid the high fees and risk of these loans. Borrow Smart! Payday Police wants to make sure you receive your loan with out incurring unexpected charges in the process. If you have decided to take a payday cash advance, there are some tips listed below to look out for. Early repayment fee. Believe it or not, some companies will try to penalize you for paying off your loan early. Late repayment fees Membership fees. Companies might try to charge you to become a member in addition to their service fees. Fine print on contracts Debit fees or bounced checks Sat, 26 Jul 2008 15:00:00 EDT http://www.paydaypolice.com/n94.html Payday advance loans are rules by rival factions going for the same dollar. There are those payday advance loans that charge more up front, and there are the guys that charge more later on. Let the wars rage on! 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/n9.html Payday cash advance services can cause more of a burden than relief. Learn how to control your payday cash advance, and who to contact if anything goes wrong. 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/n87.html A fast payday advance will probably be the first thing that comes to your mind when you face an emergency. Just be careful - we know what jumping the gun with a fast payday advance can do to your rep. 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/n84.html The online payday advance is reminiscent of a film god that resides close to every cop heart. Will your online payday advance become a full-out cyborg, or will it fall back into its all too human ways? en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0