Loans Informative Speech

521 Words2 Pages

Do you need fast cash to get your car fixed so you can drive it to work tomorrow? Is that computer you want on sale till Friday, but you're $100 short - and payday is Tuesday? If you need cash for something NOW and know that you'll be able to repay it in full on your next payday, then a payday cash loan may be just what you need to get you through. What are payday cash loans? Payday cash loans are one of the fastest growing segments of the financial industry. The current financial climate means that more and more people are living from paycheck to paycheck with little savings. When an emergency happens, and they need immediate cash, they have no cash cushion or savings to borrow against. Enter the new world of fast payday cash loans. Payday cash loans are …show more content…

Depending on the company with whom you do business, the money may be deposited directly in your bank account, or sent by wire via Western Union. If you choose to do business with a local payday loan lender, they may simply hand you cash in return for a postdated check. Where can I get a fast payday loan? You can shop locally by checking your phone book if you prefer to do your business with a local lender, but there are many payday lenders operating online. By using an online vendor, you make it possible to shop around for the best terms and for the type of payday loan that suits you best, without being limited by geographic location. How fast will I have a fast cash payday loan? You can apply online for a fast cash payday loan to meet emergency needs for cash, and generally have the cash in your hand within hours. Approval is generally done within an hour, and the funds are on their way to you immediately. Who should use fast cash payday loans? If you need cash now for any reason, and can reasonably expect to be able to make repayment on your next payday, then a cash payday loan can meet your needs. Article Source:

Show More
Related

  • Pros And Cons Of Predatory Lending

    898 Words  | 2 Pages

    Payday Lending (sometimes called cash advance): The borrower uses a post-dated check or electronic checking account information as collateral for a short-term loan. Borrowers need only personal identification, a checking account, and income to qualify.

    Read More

  • Credit Informative Speech

    981 Words  | 2 Pages

    What three-digit number has the most impact on your financial life? If you said your credit score you are correct. My parents always stressed the importance of credit from an early age. After I turned 18, I applied for a secure credit card from Wells Fargo, which I will be discussing more in detail in a few minutes. In this speech, I will be discussing what credit is, one way you can build credit, and the touch upon the importance of having credit.

    Read More

  • The Purpose of Payday Loans

    629 Words  | 2 Pages

    Thanks to the payday loan industry, over $10 billion GDP was contributed to the economy, supporting 155,000 people with working jobs, while employing over 75,000 payday loan employees at 24,000 retail locations. In 2007 alone, the payday lending industry produced about $44 billion in credit to American consumers, generating $6.4 billion in labor impact and another whopping $2.6 billion in state, federal, and local taxes, amounting to approximately $37,700 produced per store employee. In this massive industry, companies weren’t considered industry players until they had over 51 branch locations, of which only three companies existed. Problems and Inefficiency Although payday loans were viewed as a blessing to many people in need of money at the last minute and those who had ideas to invest without the adequate capital, several ethical concerns have arisen regarding the process, especially for those who live paycheck to paycheck. As life takes its toll, it is commonly known that the typical person experiences unexpected events on a daily, weekly, or at least monthly basis that tend to lead to some sort of financial inconvenience.

    Read More

  • Me The Other Scott And Payday Loans Summary

    258 Words  | 1 Pages

    Scott Gilmore's “Me, The Other Scott, And payday-loans” is an educational paper based on Gilmore's experience with financial fraud, the stresses of Payday Loans and the stigma behind people who use payday- loans. Payday-loans can be a lifesaver in a pinch, but could metaphorically kill you in the long run. Additionally, payday-loans target the financially unstable and people in less appealing urban areas because they assume they are the ones who need the loans. In my opinion, it is unfair to label someone using payday-loans as poor. Gilmore supports this point as he states, “these are respectable people with jobs facing unexpected car repair, or running too short to buy back to school supplies”. The reality is not

    Read More

  • Informative Speech On Payday Loans

    428 Words  | 1 Pages

    Let me tell you something about Payday these are the loans which will be approved within very short time called just within one hour.

    Read More

  • Informative Speech Essay

    1425 Words  | 3 Pages

    I was thrilled to hear that after that your efforts towards conceiving a child have made your goal become a reality! As a good friend to both of you and as an astute advocate for infants and children safety, I have a few words of encouragement and knowledge I hope you will take with you on this new found journey! You should be proud and go into this knowing that this experience overall is one of the most beautiful, rewarding, and amazing events that can ever transpire! There are however some points of concern that will need to be addressed to ensure the babies overall health and development are optimal. Since your conceiving at your current age there are some risks the baby may be prone to and I would like to inform you of some preventative

    Read More

  • Informative Speech Outline On Eating Disorders

    1796 Words  | 4 Pages

    General Purpose:To inform about eating disorders Specific Purpose: To inform my audience about eating disorders and the different types. Central Idea: Eating disorders are very common and they cause many people to go through hard things. They can affect anyone and once you develop an eating disorder you will have it for the rest of your life it doesn't just go away.

    Read More

  • The Issue of Payday Loans

    1828 Words  | 4 Pages

    Those who struggle with poverty know that there are few opportunities for change and ways to get money. With a growing poverty threshold resulting in massive amounts of poor people living in inadequate living conditions, it makes it hard to obtain the essential life necessities. Many factors lead to this steadily growing tragedy. Many of those who live in poverty have few resources necessary for them to acquire money, resulting in the decision to get cash through payday loans, or quick cash. Despite the amount of money Payday Loan Companies lend to lower classes, they actually cause more harm to those who receive assistance than it actually helps them. ...

    Read More

  • Social Class In America By Gregory Mantsios

    1202 Words  | 3 Pages

    Cash payment: paid as funds, so the receiver can decide what to spend it on, rather than receiving food stamps or

    Read More

  • Use of Credit Cards

    475 Words  | 1 Pages

    The use of credit cards is much more dangerous than use of checks or cash. Paying with cash is very easy; for knowing how

    Read More

  • Understanding the Traps of Payday Loans

    559 Words  | 2 Pages

    There are two ways to get an instant money loan, apply online or at the front desk of the payday loan company. Both advantages and one of them is

    Read More

  • Role Of Economics In Personal Finance

    735 Words  | 2 Pages

    They have the option to use cash, check, or credit. Cash and checks are simple and straight forward, you have money earned and you spend the amount you want to spend. Credit on the other hand involves a bit more complexity, because it is borrowed or promissory money one is using. Credit plays an important role in personal finance and the economy. According to an article by the Federal Reserve Bulletin,

    Read More

  • Identity Theft Informative Speech

    1175 Words  | 3 Pages

    In a survey that was conducted by me at work out of 30 coworkers 18 were the victims of some form of identity theft.

    Read More

  • Features And Features Of A Banker's Cheque?

    1028 Words  | 3 Pages

    Pay Yourself Cheque: These cheques are issued by crossing on them as the issuer wants the bank to deduct the money from his/her account. Pay yourself cheques are issued for buying bank drafts, pay orders and fixed deposit receipts.

    Read More

  • Two Forms Of External Finance

    1144 Words  | 3 Pages

    An overdraft is a loan arrangement under which the bank will extend your credit to a maximum amount, this form of finance should not be used to buy machinery as interest costs tend to be high, therefore it should only be used to pay employees wages when you don 't have the available funds to do so. This form of finance can be useful in the short term but not in the long term.

    Read More

More about Loans Informative Speech

Open Document