Do you have an urgent need for cash? If yes, then look no further than PaydayChampion. It is expensive to pay for medical expenses. The same applies to urgent car repairs. What if you need urgent money for your child to pay for a field trip?
These are some of the situations that require fast cash. And this is where payday loans NJ come in. Save time, and have peace of mind by applying for our payday loans.
The loans are a more convenient option compared to traditional bank loans. Besides, you don’t need to leave your home when applying for a payday loan in New Jersey. You can easily complete and submit your loan application form online.
Payday loans are legal in New Jersey. However, there are tight laws that govern this type of short term funding option.
For instance, all the companies offering payday loans in New Jersey must have a license. It is also important to know that payday loans in New Jersey attract a financing cost of up to 15%.
If you want to get quick cash, there is good news for you. You don’t need to have a good credit score in order to qualify for payday loans in New Jersey.
Unlike traditional bank loans, payday loans do not have too much paperwork. So long as you have a reliable source of income and are above the age of 18, then it is easy to qualify for a payday loan.
Generally, short term funding like payday loans attracts high interest and fees. In New Jersey, the maximum interest rate for payday loans is 30%.
This percentage may seem to be too high to afford. But compared to credit cards and bank overdrafts, then the 30% interest on payday loans is lower.
The trick here is to only borrow when it is necessary. Also, it is prudent for borrowers to only apply for a loan amount that they can afford to repay.
As we already mentioned, payday advances in NJ have strict conditions. The application process is fast and simple. And it is also easy to get started.
All you need is a stable internet connection, and a laptop, PC, or mobile phone. You can even apply for payday loans NJ from the comfort of your home. Thanks to this easy and fast application process, loan approval also takes less time.
Do you feel that payday loans NJ can be a good option when you are cash strapped? If yes, here is how it works;
As you can now see, it is way easier to apply for payday loans in NJ. The entire application can take less than five minutes. This is all it takes to have money in your pocket in a matter of hours!