5 Questions to Ask Yourself Before Deciding to Secure a Payday Loan

Deciding to secure a payday loan requires a methodical approach by the borrower to determine whether or not it truly is the solution to your financial problem. Remember – a payday loan is a short-term, not long-term, solution to a financial emergency.Here are 5 questions to ask yourself before completing a payday loan application:1. Will I be able to pay off the loan in the given timeframe? Usually, lenders require borrowers to repay their loan when they receive their next paycheck, which is typically a two-week timeframe. Sometimes, lenders will require that you hand them a blank check for them to hold and they will deposit that check for the amount that you borrowed when the time comes. It is imperative that you not only have the funds available to repay your loan, but make sure you intend on actually repaying the loan, as not doing so will seriously hurt your ability to borrow again, not to mention drown you in further debt.2. Do I really need this money fast, or can it wait? This is a pivotal question to ask yourself, as there is an enormous difference between a payday loan and a conventional bank loan. First, if the money can wait, by all means, take out a conventional loan. For instance, if you are moving into a new place in a month or two and do not think you will have the money to put down your first month’s rent or deposit, either save up for it or take out a conventional bank loan. Conventional loans require a longer approval process, but their interest rates are lower, and you will have longer to repay the loan. Of course if you truly do need money fast, payday loans are the best option, as they offer fast approval and almost instant cash.3. Is my credit poor? This is a question that ties-in with the previous one. Bad credit hurts your ability to secure conventional loans, as banks are usually very strict when it comes to lending money to customers with bad credit; they either saddle them with high interest rates or do not approve them, period. This is important to keep in mind, because if your credit is very poor, securing a payday loan may be your only option. Payday lenders rarely check your credit history, and even if they do and find out that you have a poor credit score, they will approve you anyway.4. Am I looking for as simple a solution as possible to my financial situation? If the answer to this is “yes,” then look no further than a no-fax, online payday loan. The reason this is an important question is because not everybody has the time to worry about gathering all documents necessary to complete a loan application at a payday loan store, let alone a bank. There is no need to worry about meeting stringent requirements in order to obtain a loan, as payday lenders simply only require that you have a job or a steady income source, be at least 18 years of age, and have a checking account.5. Am I dealing with a trustworthy and responsible lender? This is something to ask yourself before filling out an application, either at a store or online – mostly online, however. There are a lot of scams out there on the Internet, and you have to be very careful in whom you give your information to. Companies that require an upfront fee to process your loan are ones to AVOID, as these are known scams that have unfortunately conned many people. Always remember to research companies thoroughly. A suggestion would be, if you choose to secure a payday loan through the Internet, to deal with a site that has processed thousands of applications and is well-known in the industry.It cannot be stressed enough how important it is to do your homework and be methodical when thinking about securing a payday loan. Remember to ONLY deal with reputable, well-known payday loan sites such as OneHourCash that match borrowers with lenders and offer a safe, simple process to secure a payday loan. Deciding to go with a payday loan is a big decision – it is not a choice to make on a whim. If you do your research, act responsibly, and deal with reputable companies, taking out a payday loan may be a worthwhile means to rectifying your financial situation.

What We Have Here Is A Failure To Communicate

The results of this past election proved once again that the Democrats had a golden opportunity to capitalize on the failings of the Trump Presidency but, fell short of a nation wide mandate. A mandate to seize the gauntlet of the progressive movement that Senator Sanders through down a little over four years ago. The opportunities were there from the very beginning even before this pandemic struck. In their failing to educate the public of the consequences of continued Congressional gridlock, conservatism, and what National Economic Reform’s Ten Articles of Confederation would do led to the results that are playing out today.. More Congressional gridlock, more conservatism and more suffering of millions of Americans are the direct consequences of the Democrats failure to communicate and educate the public. Educate the public that a progressive agenda is necessary to pull the United States out of this Pandemic, and restore this nations health and vitality.

It was the DNC’s intent in this election to only focus on the Trump Administration. They failed to grasp the urgency of the times. They also failed to communicate with the public about the dire conditions millions have been and still are facing even before the Pandemic. The billions of dollars funneled into campaign coffers should have been used to educate the voting public that creating a unified coalition would bring sweeping reforms that are so desperately needed. The reality of what transpired in a year and a half of political campaigning those billions of dollars only created more animosity and division polarizing one extreme over another.

One can remember back in 1992 Ross Perot used his own funds to go on national TV to educate the public on the dire ramifications of not addressing our national debt. That same approach should have been used during this election cycle. By using the medium of television to communicate and educate the public is the most effective way in communicating and educating the public. Had the Biden campaign and the DNC used their resources in this way the results we ae seeing today would have not created the potential for more gridlock in our government. The opportunity was there to educate the public of safety protocols during the siege of this pandemic and how National Economic Reform’s Ten Articles of Confederation provides the necessary progressive reforms that will propel the United States out of the abyss of debt and restore our economy. Restoring our economy so that every American will have the means and the availability of financial and economic security.

The failure of the Democratic party since 2016 has been recruiting a Presidential Candidate who many felt was questionable and more conservative signals that the results of today has not met with the desired results the Democratic party wanted. Then again? By not fully communicating and not educating the public on the merits of a unified progressive platform has left the United States transfixed in our greatest divides since the Civil War. This writers support of Senator Bernie Sanders is well documented. Since 2015 he has laid the groundwork for progressive reforms. He also has the foundations on which these reforms can deliver the goods as they say. But, what did the DNC do, they purposely went out of their way to engineer a candidate who was more in tune with the status-quo of the DNC. They failed to communicate to the public in educating all of us on the ways our lives would be better served with a progressive agenda that was the benchmark of Senators Sanders Presidential campaign and his Our Revolution movement. And this is way there is still really no progress in creating a less toxic environment in Washington and around the country.

US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%

US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 1.14%. While S&P 500 was trading at 3,701.66, up by 0.98% and Nasdaq Composite 10,690.60 was also up by 0.71 per cent

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US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%
Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. Source: Reuters
US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 345.25 points or1.14 per cent. While S&P 500 was trading at 3,701.66, up by 35.88 points or 0.98 per cent and Nasdaq Composite 10,690.60 was also up 75.75 points or 0.71 per cent. A Reuters report said that today’s strength was on the back of a report which said the Federal Reserve will likely debate on signaling plans for a smaller interest rate hike in December, reversing declines set off by social media firms after Snap Inc’s ad warning.

Source: Comex

Nasdaq Top Gainers and Losers

Source: Nasdaq

Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. The BSE Sensex ended at 59,307.15, up by 104.25 points or 0.18 per cent from the Thursday closing level. Meanwhile, the Nifty50 index closed at 17,590.00, higher by 26.05 points or 0.15 per cent. In the 30-share Sensex, 13 stocks gained while the remaining 17 ended on the losing side. In the 50-stock Nifty50, 21 stocks advanced while 29 declined.