Benefits and risks of personal loans

Please click here for more information. Payday Loans and Cash Advances. Share This Page. What is a payday loan or cash advance loan. A payday loan or a cash advance loan is a loan for a short time. You pay a fee to borrow the money, even if it is for a week or two.

Benefits and risks of personal loans

These include: No Need to Apply. As long as your account has cash value, you can borrow against it no questions asked. Theres no need to apply for the loan or have your credit checked. Low Interest. According to Bankrate, the interest on a life insurance loan is usually between 5 and 9. This makes this type of loan cheaper than either credit cards or personal loans.

A Flexible Schedule. You have the rest of your life to pay back your loan. Unlike a bank or a credit card company, your life insurer wont come after you demanding payment.

Benefits and risks of personal loans

If you have any questions about our terms, rates, or your eligibility, give us a call at (800) 990-9130, Monday through Friday 7am to 7pm, and Saturday 9am to 4pm central time, or feel free to email us at applyopploans. com. More Resources: References: Homelessness in Los Angeles County Los Angeles Almanac.

Accessed January 27, 2016. http:www. laalmanac. comsocialso14. htm Background Statistics National Coalition for Homeless Veterans.

Accessed January 27, 2016.

Benefits and risks of personal loans