On any given Sunday, there are a number of things that people can do. They join family and friends at church, at parks, and even in the front of the TV for some football during the fall, but what about getting some cash for a last minute bill or expense. Most people may not think of getting cash on a Sunday, but in fact people can go online and get cash on any given day, even Sunday.

There are a lot of sites online that provide cash advances, and the money gets deposited directly into their account within hours.  In addition, the online cash advance lenders don’t require a credit check or good credit history.  All that is needed to get cash on any given day is a bank account and ID.
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Cash Advance Reviews has a new forum, and we are looking for questions, comments, and general thoughts about cash advances and payday loans.  The forum is open to all and we are encouraging lenders, borrowers, critics, and others who would like to weigh in on this topic to register for free and join the discussion.  The following are some ways you can use the new Cash Advance Forum.
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There have been many reports and news over the past few weeks about Congress capping payday loans.  However, there have been a lot of number flying around with these reports, but many of the numbers are just plain wrong, or inaccurate to say the least.  The reason is that many of the critics for payday loans like to use the term APR, or annual percentage rate. This is the formula for calculating long term loans, and what a person pays annually on them given their length of payments. 
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It seems everyone is trying to grab headlines these days, but its one thing to promote a point of view, and quite another to outright mislead people about it.  However, that is exactly what the CRL (Center for Responsible Lending) is doing.  In a recent article posted by the Earthtimes (read it here), they provide details and points that are very accurate and reflect the true structure of short term loans as well as provide many detailed points about why the CRL is misleading people with the press releases.
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New local city search function was just launched at Cash Advance Reviews.  This new search will give users the ability to find local cash advance stores in there area, as well as local laws and resources for each city and state.  The new search function is build on a zip code search, which makes it more customizable and relevant for those that are searching because viewers can search the exact area they want, rather by state or even city.
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I read a blog post today that was so incorrect that I had to write a comment about it.  The blog post was trying to say how payday loans are bad for people, yet they were putting affiliate links on the post to get a payday loan.  How hippocritical can a person be to say that they are bad, and then turn around and promote them to make money on it.
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Payday Loans Without A Paycheck or Job

Yes, you are reading the headline right.  How can lenders give payday loans without a paycheck or job?  That is exactly what is happening in North Carolina.  NBC news affiliate WCNC is reporting that they investigated over a dozen payday loans lenders that are on a single street in Charlotte North Carolina and all of them said they would give a payday loan to a person who has an unemployment check.  This means that a person who is not working and does not have a job is able to borrow money, and they are getting cash based on the limited income they receive for unemployment.

The report then went to the state laws to see if it was legal or not, and to their surprise it is completely legal.  Which means a person doesn’t even need to have a paycheck to get a payday loan.  Not sure if this is the right thing or not, but certainly needs to be looked into more. 
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Should States Continue To Increase Loan Regulations

There has been a lot of news out over the past few weeks regarding the loan industry, and in particular the short term loan industry.  These loans cover cash advances, short term loans, personal loans, online payday loans, and other forms of credit that have a short time frame for paying back.

Often these loans have higher interest, but that is because they have less payments and a shorter time frame to pay back. This means that the company that is providing the loan can only make a limited amount of money on lending the credit to individuals. Unlike credit cards and other forms of long term loans where the interest may not be as high, but there are more payments and over the course of the loan a person is paying back much more money than they borrowed.
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Short-term Loans versus Credit Cards

There has been a lot of reports out over the past few weeks about the short-term loan industry and the new laws and regulations that many states have been putting on the books.  In most cases there restrictions are put into place to do two things.  One, is to protect consumers from what is called predatory lending practices, and the second is to protect the state from lawsuits and bailouts.  However, the first reason is somewhat short sided and is only looking at one industry, while trying to say it’s protecting people from predatory lending.  However, the big gripe that I have is where are the restrictions and protection for people against predatory lending in credit cards.

Credit card companies to me are worse than short-term loan companies.  There are few reasons for that and I’ll explain them below in detail.
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State Laws Moving In On Payday Loan Industry

Over the past year or so there have been many new regulations introduced into state laws regarding payday loans, short-term loans, and cash advances.  Often these regulations and laws are put into place to help protect consumers, as well as to set up oversight on the industry, and in some cases even produce additional  revenue for the states.  However, some states have put laws into effect only to realize that they’ve created loopholes that not only help the industry to continue operating with business as usual mentality, but even hurt consumers in some cases because the lenders moved their practices into open-ended loans where there weren’t as tough of regulations as the payday loan industry.
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Loan Sharks Online – What You Need to Know

Payday loans – like any loan – are a financial product extending monies to clients with the expectation that it will be paid back in full. When handled responsibly, a payday loan is a legitimate means for customers to obtain cash loans, and in many cases – in less than 24 hours. As a customer though, and especially one who uses or is thinking about using online payday loans, it’s important to be scrupulous, and aware of loan sharks online.

The Federal Trade Commission recommends that current and potential payday loan (also known as cash advance loan) customers be aware of the following warning signs:
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Who Is The Best Payday Advance

Ever wanted to know who is the best payday advance online.  There are new tools on the web to help people find the best payday advance and payday loans online.  User ratings and reviews are the best way to find out what services other people are using, which payday loans services online are the best, and what are the top rated payday loans online.  Sites that provide the ability to rate the various services available are extremely helpful in deciding which direct payday loan lender is the right for you.

If you have used payday loan services online then you too can help make the resources even better by rating the online payday loans that are good.  In addition, it’s good to share with others the experiences you have so that they know who is the best payday advance online.  Get involved today!

In addition, if you would like to share experiences with us about payday loan services that you’ve used, or to let us know about other good reliable online payday loan lender, please feel free to comment and we’ll be happy to review it.