The website’s most recent article takes a closer look at how important having good credit and/or collateral can be for people.
Los Angeles, CA -- (SBWIRE) -- 01/09/2013 -- OkayCash.com, a website that specializes in providing a starting point for cash advances, has posted a new article taking a look a collateral and good credit. For years, people have been advised that both are essential in order to receive any type of loan. With times changing, the article explains just how important the two are now.
When using OkayCash.com, customers are applying for a short-term cash loan. This is not the same type of loan that someone would be applying for at a bank or auto dealer. Instead, these short-term cash loans are intended to pay for emergency situations such as medical bills, groceries, credit card debt and more.
Due to the loan being meant for the short-term, no credit check is needed. There is also no need for collateral, as most of the lenders will rely mainly on a person’s regular income from a job. Each applicant must currently make at least $1000 per month to qualify.
Collateral and good credit scores are both still great things to have, but there is no direct need for them when using OkayCash.com. To learn more about the process, visit http://okaycash.com.
Okay Cash provides one of the quickest ways for people to obtain money to pay for emergency situations. Each applicant can get up to $1500 in funds if they qualify. Repayment plans are usually set up to kick in by the next payday for the applicant.
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