Online Payday Lending And The CAN-SPAM Act
The Internet-based sector of the payday loan industry began in the 1990’s, when the CAN-SPAM Act didn’t yet exist.. That’s because the Act didn’t exist back then. But as the popularity of the payday lending industry has grown, along with the popularity of all sorts of online businesses, it was time for the false claims and the intrusive nature of e-mail marketing to come under control once and for all. When the CAN-SPAM Act of 2003 became reality, the online payday lending in…
Important Facts On Direct Deposit Cash Advances
You’ve probably heard a lot of talk about direct deposit cash advances. Also known as payday loans or fast cash, these types of advances can really help out when you’re in a bind. Here are a few important facts on direct deposit cash advances you might want to know.
What they’re not
Direct deposit cash advances are not considered secured loans in the sense that you won’t be required to designate an asset such as your home or your car as collateral before you’ll be appro…
Remarkable Growth In Demand For Payday Cash Advances
The demand for payday cash advances has experienced remarkable growth over the past few years. Cash advances are becoming more popular as people come to realize that the process is safe and efficient. And when used properly, cash advances are an excellent way to deal with short-term financial crunches. The application process is fast and straightforward and most important of all, it’s secure. But are these reasons fueling the remarkable growth in demand for payday cash advanc…
Direct Deposit Cash Advances For Recipients Of Veterans Benefits
If you are a recipient of benefits issued by the U.S. Veterans Administration, then a direct deposit cash advance might be a helpful way to obtain when you need it quickly. Cash advances are just that – they are a loan that advance to you part or all of your next recurring benefits payment, which you use as needed and then repay as agreed when your next benefits payment is directly deposited into your bank account. Direct deposit cash advances for recipients of VA benefits ar…
Direct Deposit Cash Advances For Recipients Of Private Pensions
A direct deposit cash advance is a quick and easy way for retirees who receive private pensions payments to obtain cash that they may need unexpectedly. Retirees are seldom financially secure since so many rely on a fixed level of income. Even budgets based on a relatively high fixed incomes can be upset by unforeseeable emergency expenditures.
One of the biggest advantages of direct deposit cash advances for retirees is that there are no restrictions on the way the borrow…
Cash Advance Industry Standards
Cash advance industry standards have been defined by the Community Financial Services Association, or CFSA, an appropriate task for this industry trade association considering the explosive growth of the cash advance industry. Standards are listed on CFSA’s website which has been designed as a one-stop source for all types of cash advance issues. The site is so helpful that it’s visited regularly by lenders as well as the general public.
Among its many services, by far the…