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Applied At 24 Hour Payday Loans Online. Only $700. Why? - Business - Nairaland

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Applied At 24 Hour Payday Loans Online. Only $700. Why? by amazing8: 7:53am On Oct 15, 2016
Hi! I work as a manager at a restaurant and I need bad credit loans of about $2,000. So I went to a loans for bad credit payday loans online site I found #1 on Google- http://www.instantlender.info/

Then I clicked through to the lender and submitted an application that was 5 pages long detailing my income and expenses each and every month my current income from my manager job is

$3,309 each month before taxes
$2,641 each month after taxes

And my current expenses every month is

$700 each month rent
$400 each month utilities
$400 each month food
$230 each month car insurance, gas
$100 each month phone bill

So I applied for $2,000 dollars at the website above and they denied me and instead offered me only $700. I was very angry when I saw this angry Because all of the things I need to buy for the holidays coming include new car part, new phone, watch, bracelet, necklace, and sneakers add up to $2000. So if they can not give me the full $2,000 I will have to find somewhere else to get the rest of the money at. I need $1,300 more. Now I have the $700 from them in my account, but I still need $1,300 more or I can NOT purchase the other things I want to buy for the holidays and I am really mad about it! angry

When I asked their company why I could not get the rest of the money I asked for from them they responded to my email saying

"Advantage of refinancing your loan

Loans given in 24 hours can quickly become a burden for most people who are not comfortable with their incomes or are still struggling to keep up with their day to day expenses. In such cases, it can become much more difficult for them to keep up with the loan payment on a consistent basis. This can lead to many problems such as bad credit scoring, re possession of property or security,etc. Al though repayment of the loan amount is the only solution in the longterm, there are many other solutions that you can consider that can help you save a lot of money and effort. A similar situation arises in the case of student loans. Most banks and financing firms offer loans to students and even offer some time to the customers so that they can start earning and be comfortable with their expenditure. However, it can still become difficult for them to keep up with the regular loan payments. In such cases, refinancing student loans can be one of the best options that you can consider. If done at the right time, you will be able to save a lot of money in loan repayments.

The benefit from a refinanced payday loan
You can consult a finance expert or firm that can help you understand the benefits when you choose to refinance your loans. When refinancing student loans, the new lender that you choose will pay back your existing loan and then a new loan can be issued to you with better features and options such as.

Lowest monthly payments- A lower rate of interest means that there is lesser amount that has to be paid back to the bank at the end of the loan period. This can help to reduce the periodic payments that you make by a great deal.
No matter what the situation is, you can benefit a lot when you choose to refinance your loans. Choosing the right lender that can offer you a lower rate of interest over the repayment period can help you save thousands of dollars when you are repaying your principal amount. Another method that you can adopt to help reduce the amount of interest that you will be paying over the years is to prepay your principal amount. This will not only reduce the amount that you have to pay on a periodic basis, but it can also help you reduce the total repayment amount for your loan.

Lowest interest rates- By comparing the right lenders, you will be able to get your refinanced loans at the lowest rates of interests thus helping you save a lot of money when you pay back your loan. This can not only reduce the financial burden that falls on you, but can also help a great deal and relieving some pressure and stress.

Opportunity- When you apply and submit an application to us your applying for a great oppotunity to build credit. Expect us to stay on you at first but when we see you are ready for the next step we will let you know.

By considering the right refinancing agencies, you will be able to get the best deal when it comes to getting a new loan. The best way to make sure that you get the lowest interests on your refinanced loans is to make sure that you have a good credit rating from the bank."

Now I do not know where to turn I tried another loan company but was denied for low credit score, please tell me Nairaland, where are some good places to get online loans at besides where I have already tried to get a instant cash advance at. Thanks! angry

1 Like

Re: Applied At 24 Hour Payday Loans Online. Only $700. Why? by coolguy91: 5:59am On Feb 28, 2017
Thats awsum man. u should be happy with just that amount. why do you need more? i recently applied for a loan for only $400 and got the following response from the bank customer service.


Thanks for applying with Instant cash advance corp.

If you have experienced a sudden emergency and you need to get one of the online cash advance loans, then it is important to understand what these loans are supposed to just for. You need to know why they an investment for certain things and why they are not intended for other things. Here are the things you can and should use cash advance loans for. 

Those that are going through a medical emergency, a vehicle problem, or just need a little cash to pay the bills before they get shut off can use one of the online cash advances. This can help you get from $100 to $1,500 overnight or even faster without even leaving your house. You may get the money wired right into your bank account, and they usually don't check your credit at all. 
The easiest way to get cash advance loans is simply to apply for them. There are not many requirements, and if you need $500 or less, there are lenders that will not even ask you to fax any documentation to prove your income, residence, or anything else. They will give you a loan with just your electronic signature on the loan documents. 
There are many companies to choose from, and most of them just require that you are 18 years of age, living in the United States, have a job, have a bank account, and make at least $1,000 a month. This is all it takes, and since they don't check your credit, it will not matter how good or bad your credit is. 
You just need to understand that any money you borrow will have to be paid back and it is important to make sure you can afford the payments. Most of the online cash advance lenders will only give you 30 days to pay the loan back and they will automatically take the payments out of your account on your next two pay dates. 
This could make your financial situation worse than it already is and you do need to consider what you are doing before you take out a loan of any size. Also, make sure you only take what you need and not what you have been approved for. This will help you to pay the loan back much easier, and it will also help you to get what you need out of your loan. 

The top choice for online cash advance loans is to use any lender that will provide you with one of the 100-day loans. The reason for this is the amount of time they give you to pay the loan back. You can get approved very fast and get up to $1,500 in your bank account today. They don't give you just 30 days to pay the loan back either, but instead, they give you up to 100 days to pay the loan back. 
This means your payments will be smaller and much more manageable. With a loan that you can make 6 to 8 smaller payments on instead of just 2 payments you will have a better chance of paying it back on time. Once you pay it back on time you can get approved for a loan through the same lender much faster and for a larger amount as well. 

In conclusion, If you want to get an online loan that can give you fast cash, you need to consider getting more time to pay it back than just 30 days. This will relieve some of the stress you may feel from taking out one of the online cash advance loans.


I was very upset because this is just a general message from them and it does not tell me if i was approved for the money or not.

Re: Applied At 24 Hour Payday Loans Online. Only $700. Why? by akaahs(m): 6:35am On Feb 28, 2017
Whats re the saying here, is it only me that can't comprehen or understand d write up? Is it in naija this loan of a thing is happening?
Re: Applied At 24 Hour Payday Loans Online. Only $700. Why? by zodd(m): 4:25am On Jul 03, 2017
what's all this

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