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Monday, March 15th 2010

Other Credit Options

Other Credit Options

Looking for alternatives to credit cards? Listed below are options for social lending and emergency personal loans, beyond plastic. Person-to-person lending options listed below may help you get better rates on loans, while emergency loan options listed below may help deal with short-term financial emergencies.

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Social Lending

Social Lending

Social lending (also called Person-to-Person lending) is a type of financial transaction that occurs between individuals, without the involvement of a traditional financial institution like a bank. Learn more about how social lending works. Listed below are popular social lending websites.

Social Lending | Emergency Personal Loans
Lending Club – Better Rates Together
Lending Club

Lending Club eliminates the high-cost and complexity of traditional banks, offering low fixed interest rates, a secure online process and greater flexibility.

Borrowers with good credit can secure personal loans ranging from $1,000 to $25,000 with an instant approval, convenient online payments and typical funding times of less than 4 days.


Prosper: America's largest Peer-to-Peer online lending marketplace
Prosper

Prosper connects people that seek to borrow money, with people looking to invest cash. Create your loan request now, and watch your interest rate drop as lenders bid down the rate through an auction-style bidding process.

Loans are unsecured, three year, fixed-rate personal loans ranging from $1,000-$25,000. No prepayment penalties. No hidden fees.

Emergency Personal Loans

Emergency Personal Loans

We offer the choices listed below mainly to help individuals who are facing a financial emergency, and need a way to borrow cash quickly. With such a loan, you may be able to defer payments for a short period of time and money is usually wired to your account by the next business day.

Social Lending | Emergency Personal Loans
PayDay One Loans
PayDay One

PayDay One loans are a fast and convenient way to cover unexpected expenses such as car repair and medical bills. Apply now and you can have $100 to $1000 in your bank account as early as the next day. Get the cash you need to pay bills, avoid bounced checks, or cover unexpected expenses.


Speedy Cash
Speedy cash

For emergencies, unexpected bills and short-term cash needs, get approved for a loan online. The online application is secure, simple and fast. Get money deposited into your bank account the next business day, or visit any of the Speedy Cash store locations to pick up the cash advance.


WeAdvance.com
WeAdvance.com

For unexpected life events, get cash wired to your bank as early as the next business day. Secure online application. No Credit Check. Instant online approval. All fees are disclosed upfront, so you know exactly what to expect.


FaxlessCash.com
FaxlessCash.com

If you are short of cash and have no other way of covering your expense, this may be your solution. Once approved, receive upto $1,000 overnight. Apply securely online, no credit check, instand approval. Once approved, the Faxless cash advance will be wired to your checking account.


USCashWire.com
USCashWire.com

Face small, unanticipated expenses with a cash advance from USCashWire and avoid costly bounced check fees, late fees and other penalties. Short-term loans range from $100-$1,000. The online application form is simple, fast and easy. No credit check, no obligation.


CashNetUSA.com
CashNetUSA.com

Balance your expenses between paychecks with a cash advance loan from CashNetUSA. Less than perfect credit is OK. Apply online from the privacy of your home, takes under 5 minutes to apply. Upto $700 transferred to your bank account the next business day. See website for rates and fees.

Emergency personal loans are not right for everyone. Learn about how these loans work before you consider applying for one. This type of short-term loan can help you deal with a financial emergency. Typically, the loan amount, along with interest, will need to be paid in full with your next paycheck. The interest rate and fees may be very high, making this an expensive way to borrow money. Additionally, this type of loan may not help you build a stronger credit score.


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