NOW Pay Day Loan
A pay day loan can help you avert a financial crisis when your next pay cheque is just too far away and there is a bill or other expense to cover. Pay day loans are typically for small amounts, rather than the several thousand dollars you have to apply for if you want cash from a personal loan. Instead, a cash injection from NOW Pay Day Loans can be for the exact amount you need for that bill, so you’re not tempted to go into more debt, for more money than you need.
NOW Pay Day Loans are from licensed and reliable pay day loan providers, and NOW Pay Day Loans matches your needs based on the information you provide, with the pay day loan provider who will best suit you, and will be the most likely to approve your loan. This means that when you apply through NOW Pay Day Loans you can secure the cash you need as simply as possible.
Do You Need Instant Cash!
Apply for a cash advance with NOW and receive it in your account on the same day!
- Cash in your account if approved by 3:00pm
- Apply for up to $1500 dollars!
- Fast online application-just 2 minutes!
- No hidden fees!
Features of a NOW Pay Day Loan include:
- A maximum loan amount of $1,500. You can also choose an amount which suits you, with most people opting for between $185 and $200.
- Affordable loan fees. You will be charged a loan administration fee of $1 and a broker fee to NOW of $28.98 for every $100 you borrow.
- Approved loan amounts. The amount you can borrow depends on your circumstances and how the pay day loan provider sees your ability to service the loan.
- Same day processing. Once your application has been submitted, it will be processed within half an hour and if you submit your application before 3 pm you can receive the funds that same day in your bank account.
- Automatic repayments. In your application for a NOW Pay Day Loan you will also need to enter your debit card details, and the date you will next be paid by your employer. On that date, the loan amount and charges are deducted and you have automatically repaid your loan.
- Defer repayment. If you need more time to repay your pay day loan, you can defer payment for a month, where charges apply at the same rate as your original loan.
Benefits of a NOW Pay Day Loan
Pay day loans have a somewhat tainted reputation, for targeting those who cannot afford to meet their financial obligations. However, a pay day loan can actually help you become more financially responsible, because instead of seeking a credit card to help with your cash flow, and receiving a tempting $5,000 limit, with a pay day loan you are funded only the amount you need.
Applying online also has its benefits if you need a pay day loan because you don’t need to wait in line at bank branches, fill out endless paperwork and wait days and sometimes weeks for approval. Instead you can apply with NOW Pay Day Loans and be approved almost instantly, without even having to visit the fax machine.
Are You Suited to a Pay Day Loan?
To be eligible for a NOW Pay Day Loan you will need to:
- Have a bank account into which you can receive a direct debit.
- Be at least 18 years old.
- Be employed and receiving a regular pay cheque or salary.
- Be an Australian resident.
How to Use a Pay Day Loan Wisely
With a short term cash solution to an unexpected bill or expense, and with the process being so easy, it is equally as easy to get into more financial trouble, rather than getting out of trouble. To use your pay day loan wisely, make sure you acknowledge that this is a short term solution and should not be relied upon each week or each month when you have failed to stick to your budget again, or spent more than you earn.
Also make sure to stick to the original terms of your pay day loan and aim not to apply for back to back pay day loans, or extend the loan. This will incur higher fees and additional interest charges, not to mention you are adding to your debts, and in turn adding just another bill which will need to be paid.
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