Friday, December 28, 2018

How to Survive Short Term Debt Without Going in to More
Getting involved in a payday loan usually happens when someone is low on cash, and have maxed out their credit cards. This involves borrowing $250 from a payday lender which might seem like a viable solution, as long as the $250 plus a $37.50 fee is paid at the end of the two-week terms, about the time their next paycheck is disbursed.

However, if they run out of money again and can’t repay the loan in two weeks, they end up paying a fee to extend the loan for another 14 days. These kind of loan can effect your credit and garnish your paycheck, since the initial permissions were set on the date the loan was approved.

The best way to survive this type of debt crisis would be to look for alternatives like collateral lending, where if the loan amount isn't paid on time the collateral you provide is used in exchange instead of your following pay check.

Click here to learn more about Pawnshops in your area and debt survival!

Thursday, December 27, 2018

Fast Cash Before Payday San Juan Capistrano
After the holidays it soften people spend their entire paycheck and are strapped until their next payday. The good news for those whose holiday shopping is still underway is that there are only three things you need to do to avoid a spending hangover come January, experts say.

People use payday loans to avoid borrowing from family and friends, and to avoid cutting back further on expenses. But they often end up doing those things anyway to pay back the loan, that often spirals out of control.

According to Pew Research, the average short-term, high-interest-rate loan typically secured by a borrower’s future paycheck requires a repayment of more than $400 in two weeks.

Another alternative is a pawns shop. They often offer interest rates as low as 2%. Another term for a pawn is another term for a collateral loan. Pawnbrokers lend money on items of value ranging from gold and diamond jewelry, musical instruments, televisions, electronics,  and power tools. Loans are based on the value of the collateral. When the borrower pays back the loan, their merchandise is returned to them.

Learn more here!

Sunday, December 23, 2018

Beware of Bad Cash Loans During the Holidays
How a payday loan disaster can wind up being a holiday shopping spree that leads to a 651% interest rate. Shoppers have enough financial pressure on their shoulders without the threat of money lenders pitching fraudulent or deceptive ways to cover holiday expenses. It is not to say that there are some lender offering cash loans that are affordable and convenient.

Understanding the loan terms and the establishment that is issuing them, is pertinent to avoiding getting caught up in more debt than anticipated. When searching for a cash loan in San Juans Capistrano, there are resources that exist where the borrower would not be subject to a credit check or high interest terms.

Pawnshops like Gems N' Loans offer collateral based loans secured by something of value. This means that you take in something of value that the pawnbroker is interested in, and they will offer you a loan in exchange. The pawnbroker then keeps your item until you repay the loan, or fi you are unable to pay back the loan, the only loss is the item of collateral.

Thursday, December 20, 2018

Cash Loans Mistakes to Avoid this Holiday Season
The easiest way for your finances to get out of control is to not knowing where you are spending and saving. One thing you definitely you don’t want to do during the holiday season is drain your important savings accounts. If you’re pulling money from your emergency funds or your retirement you might be spending too much.

When looking for cash loans to subsidize last minute holiday shopping, Gems N' Loans will take anything of value for loan towards a cash loans.
If the borrower is unable to repay the loan in time the only consequence would be losing the item of value. However, this would not affect your credit score.

A pawnshop loan is a fast way to borrow money that doesn’t require the lengthy application process of a traditional loan. There’s no credit check, and you can get cash on the spot. The loan amount is based on the value of the collateral you decide to pawn.

Tuesday, December 18, 2018

Define The Best 30 Payday Loan in San Juan Capistrano

The idea that pawn shops are somehow unsafe or risky places to get cash loans would be met with disapproval by your average pawnbroker, who has probably  spent a quantity of time building a business that provides a unique and arguably irreplaceable service to it’s borrowers, and the community that the pawn shop is in.

Pawn shops these days work very closely with local law enforcement agencies to keep bad people and their stolen merchandise out of their stores. In fact, bad people don’t even like to be seen going into a pawn shop because of how closely some pawn brokers will work with local law enforcement.

Gems N' Loans offers collateral-based loans secured by something of value. You take in something you own, and if the pawnbroker is interested, he or she will offer you a loan based on it's value. The pawnbroker then keeps your item until you repay the loan. No credit checks are conducted and interest rates are as low as 2%. This appears to be the best loan option before

Friday, December 14, 2018

Is a Cash Advance Payday Loan in San Juan Capistrano Risky?
According to, payday loans are considered dangerous. These work as an advance against your next paycheck. You give the payday lender your pay stub as proof of income and tell them how much you want to borrow. They give you a loan for that amount, which you're expected to repay when you receive your paycheck.

These loans are convenient which comes at a cost. Finance charges can range from 15 to 30 percent of the amount being borrowed, which can easily make the effective annual percentage rate on the loan triple in range.

Pawnshop loans can appeal to consumers who can’t qualify for a conventional loan. They may cost less than the penalty for being late with a credit card payment or a reconnect fee for utilities.

These loans typically cost more than a traditional loan, but you also get the money faster and without the need for a credit check or legal requirement to repay, so your credit scores won’t suffer if you don’t repay the loan.

Learn more here about collateral loans for fast cash at Gems N' Loans

Friday, December 7, 2018

The Best Payday Loans Alternative in San Juan Capistrano
Why is a Payday Loan Risky?

Payday loans are basically an advance against your next paycheck. It requires giving the payday lender your pay stub as proof of income and tell them how much you want to borrow. They give you a loan for that amount, which you're expected to repay when you receive your paycheck. However, it is important to know that finance charges can range from 15 to 30 percent of the amount being borrowed, which can easily make the effective annual percentage rate on the loan three times the amount.

On the due date of the cash loan, the borrower is obligated to repay the loan, plus any fees the payday lender charges. If you they are unable repay the loan in full, you could ask the payday lender to extend, which usually means paying another fee, leaving the borrower in deeper debt from when they originally started.

Cash loans from a pawn shop are a fast and easy way to get approved for a loan by bringing in your item of value to a pawn shop in San Juan Capistrano. They will then use your item or items as collateral to secure loans against them.

The product is then shelved safely in a backroom, or in the safe if it is jewelry, and when the loan is paid out, the item is in the same condition that it was when it was pawned. If the customer does not pick up the item in 30 days or pay the fee to extend it another 30 days, the item stays on pawn for an additional 30 day grace period. The only risk  is the loan is not being repaid according to the agreed terms. Therefore, the borrower simply loses the item pawned. There are no credit checks or pay check garnishments.

Learn more about pawn shops in your area at Gems N" Loans in Dana Point

Wednesday, December 5, 2018

Cash Loan Advance Before Payday in San Juan Capistrano
After being scrutinized by the Federal Trade Commission, payday advance companies have been recognized from popular advertising and their stringent terms. Cash loans in San Juan Capistrano are told to have never been easier. However, there is one thing to consider before committing to such obligations.

This means a borrower writing a personal check payable to the lender for the amount the person wants to borrow, plus the fee they must pay for borrowing. Then, the company gives the borrower the amount of the check less the fee, and agrees to hold the check until the loan is due, usually the borrower’s next payday.

This often leaves the customer robbing Peter to pay Paul and chasing the tail to constantly get caught up. The fees on these loans can be a percentage of the face value of the check or they can be based on increments of money borrowed. For example: a fee for every $50 or $100 borrowed can be added. The borrower is charged new fees each time the same loan is extended.

The ideal option for fast cash can come from a collateral loan, where the only risk is, losing the article of value, verses becoming indentured to the perpetual debt.

To learn more about collateral loans in you area click here!