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Fast Cash and Payday Loans Alternatives That Are Less Risky
When looking to secure a cash loan in desperate times, the biggest downfalls come from payday loans and when the borrower falls into a cycle of repeatedly extending their loan, when not having their pay back amount in time. They end up being unable to repay their loan on the suggested payday, therefore, extending the loan for another pay period. This eventually has them spending borrowed money and in the meantime, the fees continue piling up. It's a terrible cycle that lends itself into debt indefinitely. Even if they only have the loan for a few weeks, they are likely to pay much more in interest with a payday loan than you would for a personal loan or even a credit card cash advance.

This doesn't mean they are out of luck and there aren't alternatives that may suit them. Finding a collateral lender can often be the solution. Pawns shops like Gems N' Loans have known to lend money in exchange for something of value to secure the loan. They simply hold on to your gold ring or  Mac Book in exchange for cash against its value, until you can return to pay it back. This include low interest and options for extensions, making the borrowing process itself less risky. The fees may vary depending on the loan amount. However, the borrower has the option to pay the fee and then pay down on the principle on or before the due date, making it easier to pay back the loan.

All you need for the pawnbroker is your assets and a valid government issued ID, this means not credit checks or bank account levies. And not to mention you paycheck unscathed.


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Whether looking for a cash advance to pay some bills or an evening out, there are many alternatives available when needed. The question which version of a cash loan would be considered better than the other?

You might have heard of "Peer to Peer" lending which is a system where individuals borrow money from investors, not banks. The credit checks and requirements are not as limited and offer approval rates more than others. The highest interest rate on this type of loan usually caps out at about 30% APR, plus a 5% loan fee.

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Christiana Wilson looked at the diamond ring in her hands and felt it was sparkly.
She walked over to the window of Gems N' Loans and reflected on her beautiful surroundings. She had always loved Vista with its variety of cash loans options. It was a place that encouraged her to seek or borrow in in exchange for her jewelry. Then she saw something in the distance, or rather someone. It was the figure of Maud England. Maud was the aunt that passed away and gave her the ring she held in her hand. Christiana gulped. She glanced at her own reflection and realized it was just her imagination mixed with reminiscing. She was a shy, articulate, beer drinker with squat feet and beautiful arms. Her friends saw her as a testy, yet tender friend in need. Once, she had even revived a dying, kitten she found in an alley.

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