Ever tried a payday loan? Well, you’re not alone! 12 million Americans just like you have used payday loans, to help them out with those unexpected bills that pop up every now and then. When you’re waiting for a paycheck but simply need the money right now, it can be a huge relief to know your payday loan is available for you exactly when you need it.
If you’ve never gotten a payday loan, here are a few facts for you:
The paperwork is quite simple. Most payday loan companies simply want to see your recent paystub or to confirm that you have a job.
You receive your money instantly, right on the spot most of the time. Occasionally you might have to wait up to an hour to receive your money, depending on the amount. But you’ll have your money quickly, guaranteed.
Your payday loan is due 2 weeks from now. Why? Because your payday loan lender expects you to have your next paycheck by then. So they are confident that you can pay them back.
As you can see, the whole process is quite transparent and very simple to use for everyone!
During the year, some unexpected bills seem to pop up more often than at other times for families. Here are a few that you just might see:
January – The pipes freeze. Because of the cold and snowy weather, your pipes freeze so you have to call the plumber. Not only is this urgent but it’s also quite critical. If your pipes break, when the pipes are unfrozen it can cause great flooding in your home. Sometimes when the pipes freeze they also can crack, meaning that they will have tiny leaks. So when they are checked, the plumber has to be sure the pipes don’t just need to be warmed but perhaps also need to be replaced for your home and family’s safety. No one likes when this happens and it’s certainly unexpected, exactly the type of thing you might need a payday loan for.
February – Your daughter gets invited to the Valentine’s Day dance at school and needs a nice dress to wear and shoes to match. She’s grown several inches and her fancy dress that she currently owns doesn’t fit anymore. The dance is 4 days away and you get paid in a week and a half. A payday loan means that your daughter can go to the dance and wear a dress that she loves. Isn’t Valentine’s Day wonderful?
March – Your oldest son needs braces. The dentist needs a deposit. He wants to put the braces on right away, to help improve the teeth. A payday loan can really help you in this situation. You get the payday loan to help the dentist put the braces on your son’s teeth so they will look better and come in straighter.
April – Everyone knows it is tax season. This year your taxes are more complicated and you can’t do them yourself as you’ve done every year. You need to bring them to a tax preparation service. It costs $300 and you don’t get paid for another week, but you simply can’t miss those federal and state deadlines. So you get a payday loan and file your taxes on time. For any taxpayer this can cause you a huge relief, to file your taxes by the deadline. A payday loan can make this all possible.
May – There are mice in your basement. So you call a pest control service and they can come tomorrow. You don’t get paid for another week and a half. You get a payday loan so you can pay them right away. Because as much as your cat is enjoying chasing the mice, you want those little critters gone as soon as possible. With a payday loan you won’t have to worry about the mice multiplying and moving into the bedrooms and other rooms of the house – while you wait for your next paycheck. You can get things taken care of quickly.
June – Your son graduates from high school and needs to pay a fee to get a cap and gown. There is an extra fee for a special tassel because he is an honor student. He’s worked so hard in school, so you want to be sure he gets this. But you don’t have the money in the bank. You get a payday loan so he can have his cap, gown and special tassel and take lots of pictures, watching him smile big at graduation. You are so proud of him as he walks the stage to get his diploma. Because of a payday loan you are able to give him the graduation gear that he wants and needs. It came through at exactly the right time, unlike your paycheck.
July – The entire family is gathering to celebrate July 4th and watch the fireworks. But on the way there, you get a flat tire! You get a payday loan to replace the tire and get it fixed. Because of the payday loan, you are able to get your family to meet everyone at the fireworks before everything starts. Everyone has a great picnic meal and then enjoys the spectacular fireworks show to celebrate America’s birthday.
August – Your son is headed off to college for the fall. You realize that he will need some money for textbooks. He does not get paid for his summer camp job until mid-September and by then he will have been expected to already have the books. So you get a payday loan to give him textbook money. Your son pays you back with his summer camp paycheck when he receives it in September.
September – The entire family comes down with lice, brought home from school by your youngest son in 1st grade. You buy the special shampoo and medicine which is costly. Everyone uses it and fortunately it works. But the time the lice arrive is not a week when you have your paycheck, so you quickly grab a payday loan so no one has to suffer needlessly. Soon you pay it back and the lice are gone for good too.
October – Your town has an annual Halloween parade and your youngest son and middle daughter want to march in the parade. You buy them costumes and plan to march as a family. The costumes are ruined when they are left too close to the fireplace. You get a payday loan, which helps you to replace the costumes quickly, just before the parade so that everyone can have a great time.
November – Your mother in law wants to come celebrate Thanksgiving with you but she can’t afford a bus ticket. You get a payday loan to pay for her bus ticket and then send it to her. She is so joyful to be surrounded by her grandchildren and family during the holidays, it is wonderful to create memories together.
December – Christmas is here and your daughter really wants her own cellphone. You’ve decided that she is old enough, so you buy her one. Then she drops it and it breaks to pieces. So you get a payday loan, to replace her cellphone. Because of a payday loan you are able to help her to have the independence and grown up feeling she really desires.