Tag: pawnshop

By George

6 Best Ways to Urgently Get Money

Sometimes, there are situations when money is urgently needed: a car repair, wedding, medical treatment, etc. It is not always possible to quickly figure out where to get some cash. This article provides the best and most affordable ways to get money quickly and in the right amount.

Top-6 Ways to Get Money Instantly

1) Apply for a loan at the microfinance organization

MFIs usually give money to those who have been denied by a bank. By issuing a loan to such people, MFIs are at high risk, therefore they have higher interest rates due to which they cover their potential risks. The loan is usually issued for a period of 7 to 30 days with the possibility of extension. The application is submitted via the Internet and the cash can be received within 5-15 minutes. More details about this method you can learn here: https://directloantransfer.com/instant-cash/. read more

By George

Penalties for Non-Payment of a Loan

If the borrower doesn’t pay for a loan on time, this entails sanctions from the financial institutions. The debtor can be fined, charged interest, and other penalties applied under the contract. What is the threat of non-payment of loans in the US? How far may banks, pawnshops, and MFIs go in their requirements? Let’s figure it out, and take as an example loans that you can get from https://directloantransfer.com/1000-dollar-loan/ service.

Microfinance organizations (MFIs)

Loan debt to an MFI entails fines and penalties. The lender can raise the interest rate, which will increase the amount of debt. The penalty may reach 50% of the loan amount. Sanctions are individual in each organization. In case of refusal to repay the loan, the MFI goes to court or takes the following measures: read more