Author: NAACP

3 Quick Solutions to Your Financial Gaps

Do you have a modern financial plan? If the answer is yes, well, you’re on the right track. The modern life is full of expenses, financial hurdles, and other situations that will compel you to spend more and more. Since life has many unprecedented situations, you may encounter financial gaps that can bury you in a mountain of debt.

If you want to aim for financial stability, you should take care of the ‘gaps’ in your plan. Here are some ways to deal with financial gaps:


Assess Your Financial State

Financial assessment is one of the major shortcomings of people. They tread on with life, drifting from one interest to another, but their financial state is in ruins. If you’re aware of your financial state, you’ll have an idea of how to reach your goals. Whether you need to adjust your income or put a tight rein on your expenses, the financial state will serve as your navigational compass.

How can you start your assessment? It begins with honesty. Be honest about your financial strengths, weaknesses, and hurdles. Afterward, write down your plans on dealing with any financial setback.


Focus on Raising Your Income Level

The concept of wealth is really easy – you grind hard and smart, then you’d get rewards someday. That is the actual law of the universe and nothing can change that. If your financial stash is running dry, why don’t you boost your income level? With the help of the Internet, there are hundreds of ways to do this. You can take freelance gigs and hustles. You can even try flipping items in Amazon and eBay. The possibilities are virtually endless, but you have to develop the hustler’s mindset first. An employee mindset will get you into little spots with little rewards.


Avoid Bad Debts

Bad debts are like land mines that can pose an unprecedented danger. These debts are the ones that don’t offer any type of payout or rewards. On the other hand, good debts will ensure that you have a viable nest egg someday. But how can you avoid bad debts? Always remember that loans must be used for investments – not for luxuries. Once you got lump cash, invest it into something. If there are no good investment choices, do not apply for a loan.

Once the financial gaps of your life have been dealt with, you will gradually feel long-term improvement. At first, progress can be slow, especially if you have bad financial habits. But be patient! Everything has the right time, after all.

3 Signs That Your Payday Lender Can Be Trusted (Or Not)

Payday loans have helped many borrowers deal with all kinds of financial issues and emergencies. People choose payday loans over secured loans because of an easier application process and simple requirements. Plus, the application period for a regular payday loan process can take only 30 minutes or less. Despite these many advantages, it’s undeniable that payday loans are still being used by financial predators. They prey upon borrowers’ weaknesses, introducing huge interests and excessive fees.


How can you these kinds of payday lenders? What are the telltale signs that you have to know?


Browse Online Reviews Thoroughly

Online reviews are great ways of knowing if the payday lender is trustworthy or not. Through these reviews, you’ll know what people think about the lender that you’re looking for. Online reviews are great determiners because they are unbiased and can explore the emotional stance of the reviewer. You probably know how frustrating it is to receive bad service, right? Still, you need to have a broad perspective because reviews can also be manipulated.


Visit Social Media and Lending Forums

If there are no reviews about the lender, social media is a great source of alternative information. Facebook, particularly, speeds up the relay of useful data by more than 100% daily. Comments are often thrown in a lender’s Facebook page. From there, you can make your decision. How many negative comments the lender has? How about positive feedbacks?


Another useful alternative is a financial lending forum. Not all financial forums are active, so you need to pick one that’s worth your time. In a financial forum, payday lenders are usually put in the spotlight due to their varying reputation. This can help you filter good and bad data about payday lenders.


Analyze the Lender’s Business Process

Searching for reliable accredited money lenders in singapore can be a tricky process. What if you jumped straight to the inquiry process and there are no other information sources to help you out? In this case, you have to rely on yourself and the power of the search engine. Do your best to observe the lender’s process. If the lender is asking for too much information and the rates are a bit off, then you have to rethink. As a borrower, you have full rights to examine your choices as often as you want.


You should keep in mind that not all payday lenders are crooks. However, it pays to be smart and vigilant over any financial transaction. After all, a payday loan can put you in a terrible financial compromise. If you really need payday loans and there are no other alternatives, make sure that you follow all of the strategies mentioned. On top of that, you should keep a list of the trusted lenders so you’d know which ones to approach during challenging times.

3 Payday Loan Variations That You Should Get

The payday lending arena has been subjected to countless issues in the past. All over the world, many payday lenders took advantage of borrowers, giving them high interest with little considerations. Payday lending became predatory lending, and borrowers received the poor end of the stick.

Now, times have changed for the better. Aside from better terms and conditions, payday loans have cool variations that can match your current need.


Here are some of the valuable payday loan variations around:


Guaranteed Cash Loans

Guaranteed cash loans are highly popular in the West, but it’s getting worldwide attention nowadays. Basically, this is a payday loan with a ‘guaranteed’ approval. There’s no way that you’d be denied for this loan, unless you’re not really credible or you withdrew your application.

Most guaranteed cash loans must be repaid in under two months, depending on how big is the amount. Guaranteed loans have a lower threshold than bank-issued personal loans. The requirements for guaranteed loans are also simple – lenders may only require 1 ID and a proof of billing.


1-Hour Online Loans

Personal loans are great and have fantastic support from banks and financial communities. However, it may take few hours before you can get your money. In some cases, lenders take days. A great alternative is 1-hour online loans. Just like what’s mentioned in its name, you can get the best personal loan singapore in under one hour.

This type of loan is great for dealing with immediate money matters of if your salary didn’t last for a week. You can find 1-hour payday loans in social media or online loan directories. Alternatively, you can ask around in your neighborhood if someone is willing to lend such a loan.


Short-Term Cash Advance

Cash advance is another term for payday loan.

There’s virtually little difference, but there’s another option: short-term cash advance. This type of loan shall be paid on short-term. You may feel rushed but the amount that you must settle is not that high. Additionally, short-term cash advance lenders will allow you to re-apply for the loan almost always.

Just remember that a short-term cash advance loan can be a ‘nightmare loan’ if you fail to repay it.


Payday loans are great solutions to your financial problems but you must use them sparingly.

If you don’t have a repayment plan, think twice before getting the payday loan. Failure to repay will lead to penalties that will compromise you financially.

3 Reliable Loans with Quick Approval Rates

There are many factors that will determine the popularity of a loan. For some people, the amount threshold matters a lot, while others judge the balance between interest rate and repayment terms. Nowadays, approval time is also another factor considered by borrowers. If a loan has a quick approval rate, then it’d be popular.

Listed below are some of the loans with the best approval time frames. Keep in mind that these frames are approximations and not the exact period.


Personal Loans (1-3 hours approval)

As the flagship products of most banks and lenders, personal loans are the most popular options chosen by urbanites and constant borrowers. Personal loans are actively marketed on social media, and they are emphasized in viral videos, infographics, and other forms of content.

Back then, the approval time for personal loans takes almost a whole day. Now, times have changed – you can be approved (or denied) within 1-3 hours. It all depends on the volume of the applicants and the requirements you’ve submitted.


Guaranteed Cash Loans (30 mins.-1 hour approval)

Guaranteed instant cash loan is a popular loan offered in many parts of the world. They are called ‘guaranteed’ because you will almost always get your money. In some cases, guaranteed loans are likened to payday loans, but this is not always the case.

Guaranteed cash loans are popular because their lenders are not that strict. You only need basic identification or proof of billing. There are also times when your community reputation speaks up for you. Guaranteed cash loans have a 30 mins.-1 hour window of approval. If you’re on a rush, this loan is meant for you.


Cash Advance (20-30 mins. approval)

If you’re going to ask many borrowers about a cash advance, you’d get positive remarks. Cash advance is the decent term for payday loans. Cash advance loans are known for their quick approval periods and small interval of repayment terms. In most cases, cash advance lenders will ask you to repay the interest of the loan on a weekly basis. Some lenders are more lenient than others, and they’d allow you to repay the loan in full if possible. With cash advance loans’ quick approval period, you will definitely be hooked to apply.

Even though the mentioned loans have quick approval time frames, you should apply for them sparingly. If you rely too much on loans, you’ll live a life of dependency. On top of that, your financial situation will be compromised because you have to pay out interest and fees constantly. Think of loans as temporary ‘aces in your sleeve.’

3 Nifty Ways to Benefit From Your Payday Loan

Maximizing your payday loan is not as easy as it looks. More often than not, borrowers use their payday loans to solve their immediate financial dilemmas or purchase depreciating gadgets. Given the time frame and the high-interest rates of payday loans, you must definitely be firm in your buying decision. While it’s good to repay the loan in the quickest time possible, you should find ways to cash in effectively.

Here are some helpful ways to get you started:


Enter Buy-and-Sell

Buy and sell businesses are becoming more popular nowadays. With hundreds of products to choose from, you’ll gain a flexible way to reap profits. If you can’t find a startup capital, you can settle for a payday loan. Your product choices will depend on the amount of loan issued. If the amount is not that high, you can try buying and selling food items or useful everyday trinkets.

This can be a starting point because you can move on to other bigger and more valuable products someday. As your business becomes bigger, your profits will definitely increase.


Play Reasonably in Binary Options

Many people have invested in the stock market and got huge returns. However, it’s still too risky for small-time investors. Still, you can enter the world of trading with the help of binary options. All around the world, binary options traders are making money while spending only a few hours per day. Since the entry barrier for binary trading is not high, your payday loan would suffice.

Just don’t enter the trade blindly – do your research so you can learn more about the best strategies in binary trading. If possible, seek the help of experts. This is a shortcut because you’ll gain the knowledge that the experts have learned. Once you made profits with your trades, you can repay your loan and have a little bit extra.


Find Profitable Digital Assets

The Internet is a very useful tool which can give you countless ways to make profits. After getting your payday loan sg, you can try investing them into numerous online assets.

Some of these assets are money blogs, membership forums, scraped online data, affiliate sites, flipped items, and public label rights. Not all online assets are profitable, though. Still, with deep research, you can find valuable items that will give you huge ROI over time.

Payday loans are quick solutions that can help you deal with numerous financial situations in your life.

They can even help you gain new streams of income. However, utmost care is needed. If you cannot repay on time, payday loan fees and interest will send you spiraling towards debt nightmare. Don’t let that happen!