Title: Tips on getting loans- Big daddy loans
1 Tips on getting short term loans online
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2Decide on the type of loan
- There are four basic types of short term loans
available to individuals with bad credit score -
payday loans, same day payday loans, title loans,
pawnshop loans and cash advance fee loans. - Fees and interest rates charged with the loans
may differ significantly. - Title loans and pawnshop loans should be secured
by collateral, while payday loans are considered
as short term unsecured loans.
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3Determine the loan amount
- As the next step, you need to determine how much
money you require to borrow and how soon you will
be able to pay back the loan. - For instance, title loans should be paid back in
full within next 30 days of receiving the loan. - Make sure you have enough cash in hand by the due
date so that you can avoid incurring extra
interests and fees or the peril of losing
collateral.
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4Get matched with the lender online
- Next step is to get an appropriate lender by
means of completing the application for short
term loans on our web site. - You can fill out the short loan application form
on our site even if you have bad credit. - Based on the information provided by you our
lenders will provide the best short term loan
options available. You will be able to know the
status of your application in minutes. - If you choose a lender in your locality with a
brick and mortarstore all you need to provide is
a photo identity proof, recent paystub and
details of bank account in order to apply for the
loan. In case of a title loan, you have to
furnish a valid car title.
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5Wait for loan approval
- Approvals are instant! It takes only minutes for
the loan application filled online to be verified
and approved if all requirements are met. - It is likely that your lender will directly
deposit the loan amount into your bank account as
soon as the next business day, same day payday
loans.
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6Representative APR Range
- Bigdaddy-loans.com is not a lender and does not
provide short term loans but refers consumers to
lenders who may provide such loans. - Bigdaddy-loans.com is unable to supply you with
an exact APR (Annual Percentage Rate) that you
will be charged if you are approved for a loan. - Keep in mind that the APR range is not your
finance charge and your finance charge will be
disclosed later on.
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7Implications of Late Payment
- Contact your lender as soon as possible if you
are unable to repay your loan on the scheduled
repayment date.. - Your lender will set its own late payment fees in
accordance with state regulations. There are
several courses of action available to them if
your payment is late. - For more information about your lender's late
payment procedures please review your loan
agreement or contact your lender directly.
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8Implications of Non-Payment Financial Implications
- Your lender may also charge you late fees for
non-payment as well as fees for non-sufficient
funds. - As an example, your lender may charge you a 20
nonsufficient funds fee as well as 15 of the
loan balance as a late fee. - Please review your loan agreement carefully for
information about the financial implications of
non-payment before you provide your electronic
signature.
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9Collection Practices
- Bigdaddy-Loans.com is not a Lender, and is not
involved in debt collection. If you are late or
miss a payment on your loan, it is important to
contact your Lender immediately. - If a payment is missed and you do not speak with
your Lender, it is possible your loan will be
subject to collection. - It is important you understand these terms and
conditions, or discuss the process with your
Lender directly.
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10Renewal policy
- Some of the lenders in our network may
automatically renew your emergency loans if they
become past due. You should check your loan
agreement for your lender's policy on automatic
loan renewal. - If your loan is renewed, there will be additional
charges as determined by your lender and the
minimum term will be 15 days.
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11IMPACT ON CREDIT SCORES -
- Www.BigDaddy-Loans.com does not make credit
decisions nor does it ever conduct credit
inquiries on potential borrowers. - Some members of our lenders network may choose
to conduct a credit check in order to determine
your eligibility to qualify for a loan. - if you don't pay your loan back and your lender
sells your short term loan debt to a debt
collector, it is possible the debt collector
would report this debt to one of the major
national credit bureaus. Debts in collection
could impact your credit score.
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12Same day payday loans
- Are you looking for the quick loans same day?
- Big Daddy Loans brings to you the safest and
fastest place to meet your financial
requirements. We offer highly secured loans which
connect customers directly with multiple lenders.
- Big daddy loans will help you find the best
possible match for your urgent financial
requirements. So book your quick loans same day
with us and meet your urgent needs without any
hassle.
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