Friday, March 18, 2011

Payday Loans Facts

A paycheck advance or payday loan is,

(1) The most common solution to getting instant money

(2) Short term, small, and unsecured loan that you can use to cover emergencies like medical bills and other unexpected situations.

When you apply for it,

(1) Your paycheck will serve as collateral
(2) It is to be paid on your next payday

Requirement for it,

(1) Must have a decent job or work
(2) Will serve as proof that you will receive a paycheck each month
(3) need your own savings/checking account
(4) You're a United States citizen and of legal age (18 years and above)
(5) Have to show proofs like; collect recent pay slip and bank statement
(6) Have to abide by the rules so that you can be protected
(7) Check the policies first before taking out a loan

Depending on the state or region where you live, there is usually a limitation in the interest and loan amount.

This type of loan is usually two weeks and the loan amount should be paid full. Most lenders will require their borrowers to write a postdated check.

It will indicate the loan amount plus the finances charges, interests, and fees.

Monday, March 14, 2011

Commonwealth Internet Banking – Financial Benefits

Banking or rather life has become very simple ever since Commonwealth Internet Banking was introduced.

I can now do banking any time of the day or night, any day of the week.

I work six days a week and it is such a relief for me as I no longer have to take off from work to do bank work. I save time and money by not having to travel to the bank. I can handle everything from the comfort of my home or office. And the entire process of Commonwealth internet banking is so simple.

No long waiting periods. Just click a couple of buttons and you are set. The best part is you get to know then and there if you have performed the transaction correctly or not. Now, I no longer have to deal with overdrafts or late fees since I always know the balance in my account and all the requisite payment due dates. All my bills are paid on time now.

This is type of internet banking has been of great help in my business as well. You can do like,

(1) Perform payroll and accounting functions online
(2) Pay bills
(3) Transfer money between accounts; it has all become really simple
(4) Don’t have to pay any transaction fees for the more common transactions.
(5) Just save and make money.

You will pick it up really fast and money saved will be totally worth the effort.