With so many people struggling to make ends meet, it isn't a wonder that credit challenged folks are screaming for payday loan help. What kind of help that becomes is definitely driven by personal financial situation. Every individual will not get the same answer since their perspective in searching for help will differ by many variables. For example, is the credit challenged person looking for a bad credit cash advance or is the payday loan help a cry for answers to climb out of short-term loan debt?
There are many calls into direct payday lenders asking for a loan. If obtaining fast cash was in fact that simple, the lending companies would be large corporations. A good customer service agent would help to pre-qualify the caller. It saves the potential customer time from filling out an application if the basic qualification standards are not met. That's a lot of help!
If the lender is not able to approve your loan, the customer service representative should at least try to help point you in the right direction if their service stops at that point. Some companies will continue your service and try to find a company that will service your loan. Payday loan help has been given! If you application is not funded at this point, then you have to consider what problems there may be in your bank account to make a bunch of direct lenders turn you down. You initially called and asked for help, so call again and ask for a better understanding. Any good payday loan service will explain the reasons for disqualifying your application. As upsetting as it may be to be rejected by a direct lender, you will now have a direction to better your financial outlook. By the way, any service provided by an actual direct lender or servicing company is free. The only fee you should ever pay would not be collected until an actual loan due date. Don't get caught up in someone trying to take advantage of your financial state.
Just because your payday loan direct lender does not go into your credit report, it doesn't mean that you treat them any different. No payments will get your payday loan debt onto your credit history once a collector owns it. Call for help! Any good service provider will at least have suggestions for you. Maybe your best bet would be extending the loan for another term and pay only the fees. This will buy you some more time to earn some extra income in order to pay the loan off. Other people may find that buying their loan down is the best way to work at getting that fast cash advance loan off of their plate. This option will have you paying for all fees plus anything you have to put against the principle balance. This action will extend only a part of your loan to accrue less in fees for the following term. As the fees decrease, you extra payment will increase to lower the balance that much faster. It may only take you a few pay periods to get the payment complete paid in full. This option works for many borrowers, but if you don't call and ask for payday loan help, you may just disregard your loan obligations which will lead to nowhere good and fast.
Take time out of your day to make the call. If there is no answer (during normal business hours), you shouldn't be working with that payday loan company in the first place. Address the problem with customer service in order to try to find the best answer. You will be expected to pay your online cash advance loan, so don't go looking for a free ride. What you can expect is answers to payday loan help questions from a friendly customer service agent.