Speedy Cash Blog

Avoiding Credit Card and Bank Fees with a Timely Cash Advance

Wed, 04 Nov 2009 17:11:11 GMT

Have you ever encountered a minor yet painful situation where your finances were harmed by another company or person? Perhaps you ordered a pizza and paid with your credit card only to have the pizzeria charge you twice by accident which pushed you over your credit card limit. A $20.00 pizza can turn into a $100.00 pizza due to overlimit fees, the double charge and so on - arguably the most expensive pizza you have ever had and particularly an issue when you find yourself short on cash.

Don’t let a bad situation turn into something worse. Bank, credit card ... Continue Reading

U.S. banks to make $38 billion from overdraft fees

Mon, 24 Aug 2009 09:04:11 GMT

Banks in the United States are poised to make $38.5 billion in customer overdraft fees this year during the worst economic climate since the great depression, the Financial Times said, citing research by Moebs Services. A large portion of the revenue is likely to come from the most financially stretched consumers, according to the paper.

Speedy Cash is helping thousands of consumers in this economy manage their finances better and avoid the increased fees banks and credit card companies are charging. A simple cash advance or payday loan from Speedy Cash helps the average consumer save hundreds of dollars per ... Continue Reading

The Key To Savings Is Managing Short-Term Expenses

Mon, 08 Jun 2009 11:31:54 GMT

Expenses and fees, such as late payment fees are the killer of any savings strategy. On average the American Public now saves zero percent of the income they earn. Pulling out of this current economic meltdown will require additional savings – somewhere in the region of 20%! The first step in planning for long-term goals and an immediate savings action plan is actually determining how much you spend on short-term expenses. Once you know how much money is spent on the here-and-now, you can assess how much money can be put into investment and saving vehicles for the future.

Regular ... Continue Reading

New Affiliate Program Launched!

Mon, 27 Apr 2009 11:17:00 GMT

SpeedyCash.com is pleased to announce a new affiliate program that we have launched in partnership with Commission Junction--a trusted leader in the advertising community.

In just a few simple steps, you can begin earning money from your website. For every new customer that your website refers to us, we'll pay you $50--one of the highest payouts in the industry! Our affiliates are paid on a regular monthly basis. There are no minimum traffic requirements. Our parnership with Commission Junction makes this simple and hassle-free.

To get started, just fill out an application. Once it is approved, you will have ... Continue Reading

Congressional Hearings Confirms That States Are Doing A Good Job At Regulating Short Term Lending

Wed, 22 Apr 2009 12:04:00 GMT

JACKSONVILLE, Fla., April 8 -- A House Financial Institutions and Consumer Credit Subcommittee hearing held April 2, 2009 for H.R. 1214, the Payday Loan Reform Act, included testimony about the effectiveness of state payday lending regulation. The testimony emphasized that some states have chosen to strictly regulate short term lending, while other states have simply attempted to ban payday loans by implementing limits on fees based on an annual percentage rate.

"Several states, including Florida and Oklahoma, are effectively protecting consumers," said Thomas Reinheimer, CEO of Veritec Solutions of Jacksonville, Florida. "Veritec is at the forefront of implementing effective regulatory ... Continue Reading

First Ever Apples-To-Apples Comparison of Payday Lending and Bank Overdraft Services

Tue, 21 Apr 2009 09:50:00 GMT

New Study Finds 4,547% Interest Rates on Bounce Protection Loans

WASHINGTON, DC – The median interest rate on bounce protection loans is in excess of twenty times that of payday loans concludes a study by Mark A. Fusaro, Department of Economics, East Carolina University.

The independent study, “Hidden Consumer Loans: An Analysis of Implicit Interest Rates on Bounced Checks,” finds that “Payday lending attracts attention for its high interest rates, but bounce protection loans are much more expensive. When the amount borrowed is low and the time outstanding is short, the effective interest rate paid on this loan can ... Continue Reading

Access to Small, Short-Term Loans Critical for Working Families

Tue, 21 Apr 2009 09:35:00 GMT

Urban Institude report recommends better disclosures and increased competition to protect consumers

WASHINGTON--A new report by the Urban Institute finds that if payday advances are eliminated they “could be replaced by alternatives that make
families even worse off.”

In “Enabling Families to Weather Emergencies and Develop the Role of Assets,” by Signe-Mary McKernan and Caroline Ratcliffe, the researchers find that low-income working families need access to small loans, such as payday advances, to help weather bad patches.

Instead of regulating prices charged on small, short-term loans, the authors argue that increasing competition will drive prices down. They express concern that ... Continue Reading

Cash for Moving

Thu, 12 Feb 2009 12:26:00 GMT

Whatever you want to call them they are a lifesaver as they can come in very handy at the right time. For one example, right now I am moving and need to get some help moving things so I will call a mover. At the new place, I will need to pay a deposit at the new place while hoping to get my old deposit back from my frugal landlord.

I also need to pay deposits on utilities and then hope to get it all turned on in time to not eat dinner a few times in the dark at ... Continue Reading

Economic Outlook for 2009

Wed, 11 Feb 2009 10:37:00 GMT

The current economic outlook for 2009 has many experts scratching their heads. Most see stagnant or sinking stocks and profitability of most major corporations, their are segments that will continue to do well.

The housing and retail industries will continue to be flat or down, while the service business segment will stay even or increase as many will need to work longer or start hobby businesses to make ends meet.

Lynn DeVries of Cinderella's Home Care said "Business is good as we have added many new clients that no longer can work additional hours and keep up with the domestic demands at ... Continue Reading

Help During Emergencies

Sun, 08 Feb 2009 12:28:00 GMT

At any moment, something unexpected may happen and require you to dip into the money you have saved for such so called emergencies. Several of these unexpected moments and you are no doubt going to be feeling the crunch financially, which can only add to the stress and strain of everyday life. It is times like these we could all use a little cash advance to help us out, a payday loan to save the day.

Last month I found myself in one of these “moments.” Our family pet, Rosie, a spunky little golden retriever, was injured by another dog ... Continue Reading

Cash for Staff

Thu, 29 Jan 2009 15:53:00 GMT

Payday loans can really be a life saver when you need cash and you need it right away for something important. It is the quick cash you need now for something that can't be placed on the back burner until you find a way to pay for it on your own.

There are many reasons a person might need a cash advance and it is reassuring to know they are there to help you when help is exactly what you need. A friend of mine recently started his own business. While it is still in its beginning stages, it is ... Continue Reading

Money for Dental Work

Thu, 29 Jan 2009 15:48:00 GMT

At your last dental visit, you mentioned to your dentist that after several different attempts with many types of products aimed toward whitening teeth, you are yet to have any real noticeable whitening. His advice to you was to try the procedure done in his office using a relatively high concentration peroxide gel. The major benefit of having it done in a dentist office setting is that you will see significant color change in a short period of time.

It's only drawback, and sole reason you haven't scheduled an appointment for yourself yet is the cost. One session is nearly ... Continue Reading

New Years Resolutions

Thu, 29 Jan 2009 15:41:00 GMT

With the New Year approaching, it is time to start thinking about your new year's resolution. This year is going to be the year that you really give it a lot of serious thought, and stick to it.

At the top of the list again this year is getting that gym membership you have been putting off and getting yourself back in tip top shape. It is going to be the year of a healthier and better you. You are a little daunted, however, by the idea of having to fork over such a big chunk of change for an ... Continue Reading

Help with Medical Bills

Mon, 26 Jan 2009 12:30:00 GMT

Do you have medical bills to pay, bills that were the result of an illness or injury that was completely unforeseen? A cash advance or a payday loan could be just what you need to help pay that hefty deductible. Medical bills are becoming more and more of an issue for working people as more and more procedures are not covered by a healthcare plan. At Speedy Cash we hope to help keep you covered by providing payday loans to get you through the healthcare crisis. Payday loans are a perfect fit for this situation as bank are very unlikely ... Continue Reading

Payday Loans - help toward a new car

Fri, 12 Dec 2008 13:18:00 GMT

Say you want to get a new car, but in order to qualify for financing you are required to put a down payment on the vehicle. With all the great deals on vehicles going on right now, it is a great time to consider an upgrade. You have managed to tweak your budget so that you will be able to afford a bit of a higher car payment each month, but just aren't able to come up with the money needed for that initial down payment. A payday loan can help you put that money down without having to ... Continue Reading

Payday Loans - useful when you're short on cash

Fri, 12 Dec 2008 10:49:00 GMT

There is never a good time to be short on money. A payday loan can come in useful when you come up short. With the days getting shorter and the weather getting colder, it is inevitable that winter is coming. While we look forward to some aspects of the season, such as the holidays, others are less than desirable. One such example is that it is also the beginning of the dreaded cold and flu season. A season, for many people without health insurance, can prove to be a very long and costly one.

Last winter, a friend had ... Continue Reading

Payday Loans also known as a Cash Advance

Fri, 12 Dec 2008 10:30:00 GMT

Payday loans, also known as a cash advance or quick cash can really be helpful in times need, or perhaps, sometimes in times of want. Say you just found out that your girlfriend's favorite band is coming to town for a one night performance. You know that she would absolutely love to go, not to mention how great you would be for taking her. To top it all off it would surely get you out of the dog house you have been in for the past few weeks. The only problem is how you are going to get the ... Continue Reading

Payday Loans ease a cash shortage

Fri, 12 Dec 2008 10:24:00 GMT

You get the mail. As usual, it is predominantly bills, electric, gas, cable, and cell phone. Thankfully after last year's nightmare you were able to switch to budget billing for your utilities. A closer look at your cell phone bill and you realize that it is over triple of what it should be. You have gone long over your minutes and all the text messages. Perhaps you should have chosen to pay the additional five dollars a month for unlimited text messages. That will get added to the plan for sure now. Regardless, this month's outrageous bill will need ... Continue Reading

Payday Loans are a great solution

Fri, 12 Dec 2008 10:07:00 GMT

We all have things we take for granted. Something as routine as getting up and going to work every day hardly seems cause for concern, but what happens when your car unexpectedly breaks down and you are suddenly faced with quite a little predicament? That always dependable car you took for granted has now let you down and you need to decide not only how and where you are going to get it fixed fast, but where you are going to get the kind of money you are going to need in order to have it fixed even faster. ... Continue Reading

Payday Loans help out with the little surprises

Tue, 02 Dec 2008 18:12:00 GMT

Life can be unpredictable. Who couldn’t use payday loans now and then to help out with life’s little surprises. For example, on my way home from work today, I get a flat tire. Without even knowing, I continue driving on it for awhile, only causing more damage. Since I can’t drive the car to the repair shop, I have to call a tow truck. When I get the estimate, in addition to needing a new tire, I also need a new rim. With parts and the labor, it is going to be a hefty bill. On top of that ... Continue Reading