It is still weeks before your payday but your bank account is almost empty so you begin to wonder where all your money has gone. This is a scenario that is very common, yet it still seems almost impossible to avoid. Perhaps the reason you cannot find a solution is that you do not really understand what could be causing you to run out of cash so soon. Opting for an online loan with guaranteed approval will also not make things better for you. You can quickly brows all online offers and file a short application form. When you get accepted the money will be transferred directly to your bank account within a day or two (depending on the day you apply). But your problems will not disappear. What you need is to think and really think about how you are spending your money.
Bad Spending Habits to Avoid
For many of us, it can be a lot of fun to simply visit malls and shops just to see what new items are being offered. And with the advent of the Internet, window shopping has become so much easier and convenient to do because you do not have to bother going out of your home and travelling to the mall. What makes window shopping a bad habit is that it allows you to see all those attractive items sold at very low prices. You then are easily tempted to buy such things that you do not even need.
Carrying a Lot of Cash
Using credit cards is not ideal, but do you know that taking a lot of cash with you is not good either? Having cash in your pocket makes you feel like you have some extra money that does not have any use yet. You should practice going out with just enough cash in your pocket. Before you go somewhere, have an estimate of how much you will need to spend and bring only that amount. This way, you will have no choice but to avoid buying unnecessary things.
Coupons and vouchers are what many consumers love collecting. This makes a lot of sense because these small pieces of paper have the power to give us savings on our purchases. The problem with this is that with so many coupons that also have validity periods, you will likely be tempted to buy something just so you can take advantage of the discounts. And when you do not have enough cash, you will then decide to get an online loan with guaranteed approval. These may seem petty at first, but if this happens on a regular basis you will eventually find yourself having debts and little or no money in your account.
Lack of Financial Planning
One very hard-to-break habit for so many people is not knowing how to plan their spending. It is actually very easy to spend and use up all your money, and it is also not hard to apply for an online loan. The big question is if you can easily find a way to pay off all your debts and repair your good credit score? If you cannot answer these questions easily, then you should realize how important it is to make a plan on how you would be spending your money. It is the only way to have a total control of your financial situation instead of opting for instant loans with guaranted approval.
APR Disclosure Some states have laws limiting the Annual Percentage Rate (APR) that a lender can charge you. APRs for cash advance loans range from 200% and 1386%, and APRs for installment loans range from 6.63% to 225%. Loans from a state that has no limiting laws or loans from a bank not governed by state laws may have an even higher APR. The APR is the rate at which your loan accrues interest and is based upon the amount, cost and term of your loan, repayment amounts and timing of payments. Lenders are legally required to show you the APR and other terms of your loan before you execute a loan agreement. APR rates are subject to change.
Exclusions Residents of some states may not be eligible for some or all short-term, small-dollar loans. Residents of Arkansas, New York, Vermont and West Virginia are not eligible to use this website or service. The states serviced by this website may change from time to time, without notice.
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Cash advances are intended for short-term financial relief and do not constitute long-term financial solutions. Consumers facing debt and credit difficulties should seek out debt and credit advisory help. Consumers are encouraged to consult the federal, state, and local governements to learn more about the risks involved with cash advances, local laws and regulations governing cash advances, possible loan alternatives and recent developments in their state. Consumers with credit difficulties should seek credit counseling. Residents of New York, Arizona, Georgia, Vermont, Virginia & West Virginia are not eligible to apply for a cash advance on this web site.