Rabu, 19 Februari 2014

How to Overcome Financial Embarrassment

There's no such thing as pride when you have to pay the rent.

That's the first thing I learned when I moved out on my own. This fact became painfully amplified when I started supporting my family.

You start out having a safety net to fall back on that includes your parents, friends, or extended family. Then that drops back to banks and credit cards. Then your last line of defense, payday loans, and pawn shops. If you have ever gone into a pawn shop or payday loan lender, there tends to be a feeling of embarrassment or failure that goes along with it.

"How did I end up here?"

"Why did this happen to me?"

"Why does it cost $500 or more to fix anything that goes wrong with my car?"

Sound familiar? Well I'm here to tell you, THIS IS LIFE. Expect that bad things are going to happen, and trust me, no one is immune. At some point in everyone's life, things suck. You have 2 choices: look at it like a challenge to overcome or throw in the towel. I've never been much of a towel throwing in type of guy, so here are some tips.

Leave embarrassment at the door

What you look like in front of other people doesn't matter. Let me repeat that, What you look like in front of other people doesn't matter!

Your neighbors, your family, your friends, your kids teachers, the postman, I really don't care who it is. These people aren't paying your bills or supporting your family, YOU ARE!

If you aren't prepared to sacrifice a little dignity and pride, you picked the wrong planet to live on. Every situation I've ever gone into, I've repeated these words over and over in my head, "The worst they can do is say no". Seriously, that's the worst they can do. If they say no, just say "Thanks", and walk back out the door. No one has ever been arrested for asking a question.

Be Nice

This is such a simple thing, but you would be amazed at how many people can't do it. Something you have to remember, everybody likes dealing with someone who is understanding, patient, and polite. The people behind the counter are human beings, just like you. They have their own lives and getting frustrated with them won't solve any of your problems. In general, I've found that the nicer I am, and the easier I make it on them, the more they bend over backwards to accommodate me. Extra days to pay, staying open 5 minutes later because I was running late, all because I was nice. It always seemed strange to me to argue with someone who is loaning me money.

Always return phone calls

This kind of goes along with being nice. If you are past due on something, not talking to your lender just makes things worse. In my experience, they are always willing to work something out with you. When they never hear from you is when they start taking drastic action. I worked in car collections when start out my career. It would never fail. I would call a person for 2 months straight and never speak to them. Guess what happened after their car got repossessed? They couldn't call me fast enough. Avoiding the problem only made it worse. If they would have called and worked out arrangements, they would have probably still been driving their car. Contrary to what some people think, car lenders DON'T WANT YOUR CAR! The average loss on a repossession is $5000.00. They would much rather you keep driving and paying for your car.

Hopefully these tips will help you get mentally prepared to tackle whatever comes your way financially. I've found that internal strength beats external strength everyday of the week.

Same Day Loans For The Unemployed With Bad Credit

Do you need to find money for the jobless? Or if you are currently not working and need financial help with a loan to pay bills? For people with no work and no money, we show you how to find the cheapest loans for the unemployed in the last paragraph of this article.

Being on long-term unemployment is difficult and when you have little or no savings left, life can be difficult with the cost of living on the rise and inflation at an all-time high. To get money for those emergency needs when you need quick cash urgently when you are unemployed, a quick way to find funding is through the use of unemployment private lenders. These private cash lenders are able to give loans to people with no job but are receiving some government help in the form of unemployment benefits.

If you are jobless and currently on unemployment benefits, the weekly stipend that you receive from the government will be counted as an alternate source of income in the eyes of cash lending companies and with that, you could qualify for a cash advance for people on benefits.

Although you may not be allowed to borrow large sum of money, any lenders who can help with giving loans to the unemployed will be welcomed and generally, you can request for a small cash loan of $5000 without any problem. There is no job verification and no credit check performed on borrowers, and there is also no need for you to use collateral to get secured cash.

Use the internet to go through a few such private finance companies and compare the loan rates for such unemployment loans. You can begin with a quick search for online lenders with loans for people with no job. Check that the interest rate quoted are not excessively high and determine whether the repayment time is sufficient for you to repay on time. You can check against the APR (Annual Percentage Rate) to see who has the cheapest interest rate. If you are not exactly confident of repaying the full sum timely, it is best to lower your loan requirement and borrow within your budget so that you can be sure of servicing the loan in full without resorting to rollover the debt. Each time you extend the loan repayment, you will be charged additional fees and whatnot and a small cash advance may turn out to be very costly.

Therefore, if you need a loan for the unemployed with bad credit, make sure that is really such a need for the emergency cash, otherwise you should refrain from using these private lenders for your financial needs.

Visit the following links for the latest loan offers for people with no jobs. If you need a small cash loan, try $500 same day loans or try these lenders for borrow $5000 bad credit loans with monthly repayments.

Payday Loan Lender Scrutiny Trickling Over To Check Cashing Companies

Online payday loan lenders are notorious for wanting a working bank account from their customers. With no credit check, this bank account is the only way a lender will know that a customer has some sort of payment and income history. Even brick and mortar payday lenders will expect a signed check as collateral for a loan. Bank accounts are a very important tool used in today's financial world.

What happens when a potential customer does not have a bank account? For starters, their money options have been limited even more by taking out payday loan lenders from the bunch. Many people who have bad credit or carry lots of debt liabilities have already limited themselves from many money options. Losing the payday loan lender option cripples an individual further to handle cash emergencies.

Check cashing stores are growing more popular for people in said financial state. More and more stores are opening in poorer neighborhoods, increasing the dependency for those without bank accounts. The check cashing stores will cash a person's check for a fee, but there are other important services which are being offered at a price. These centers are becoming full financial services by offering electronic billing payments, wire transfers, and prepaid debit cards.The scrutiny of the payday loan lender is spilling over to the check cashing stores.

The much scrutinized lenders are sharing some of the spotlight as these stores are rapidly growing providing paid services for the low income. This is clearly noticeable in New York as there are 131 stores located in the Bronx alone. As these stores try to avoid being scrutinized further and to keep away from being coupled with payday loan lenders, there is one New York chain located both in the Bronx and Harlem which will be starting a free savings account service. The new program will give customers a place to start saving their money at no charge. This new savings program would be a benefit to those who use the services, similar to a loyalty or rewards program. If not building a savings account, it would definitely be a place to put your money until you needed it later.

Some skeptics of this new program are saying that this new program would make those customers even more dependent on their store. These same people believe that lowering the "exuberant" fees attached to these services would be the best way to help the customers in the long run.

"Exuberant fees" is a familiar complaint to payday loan lenders. New York has highly restrictive fees for the payday loan industry. There is legislation being worked on which would lighten the restrictions on brick and mortar stores, but tighten them for online payday loan lenders. All these changes happening simultaneously may not be an accident. The check cashing stores want to get rid of any image which may group them with the short-term loan lenders.

Finding available options for those with troubled financial situations is a common thread no matter where you live. Getting a fast loan, cashing a paycheck with no bank account or having a bank account with a limited balance creates fees. When there is limited income, fees are exuberant since there is none if any wiggle room between pay periods.

Spotya! Payday Loans does not advocate using a payday loan for just any type of spen