Turn to the Money Tree to Get a Loan?

Answer 1

Turning to a money store to borrow money is something that many people have to do nowadays. While there may have been a stigma attached to a payday loan store before, nowadays, it seems like most everyone you know may have had to borrow money at some point. At a money tree, you can borrow the cash that you need for any reason, without having to go through the hassle of a bank.

It used to be that a bank was the only place you could get a loan. But banks have strict rules. The main one is that you have to have a good credit score or you will almost certainly be denied a loan. But it is hard to maintain the best credit score in today's rough economic world. Even if you are simply late on a couple of payments, your score can be significantly lowered, making your chances for a loan pretty slim. Plus, a bank loan may take a year or more to pay off. Who needs the added bill?

Going to the money tree for a loan is a smart move. There is no credit check. Even customers who have dealt with embarrassing repossessions in the past, or who have been forced to declare bankruptcy, will not have this held against them. There is no credit check at all to be eligible for a loan. Additionally, a payday loan from the money tree is a short-term loan, which becomes due back on your next payday. When you need cash, you can borrow what you need, deal with your problem, pay it back and be done. No more extra bills to take care of month after month!

An unsecured loan can offer you cash up to $1,500 at a time. Remember, payday loan companies do charge a fee in order to offer unsecured loans. These fees range in price, and are due back when the loan is due. If there is an issue paying the loan back, there may be an option of applying for a rollover. This allows the loan to be extended until the borrower's next payday, to give them extra time to pay off their commitment.

A loan from the money tree is a good idea for any money problem, or even when the need for some extra spending money arises.