3 Steps to Covering Expenses without Credit Card DebtIt’s so easy to rely on credit cards to cover bills and weekly expenses. You just swipe the card and worry about paying the costs later. but there are some serious downsides to running up credit card debt, including the fact that you can end up trying to pay if off for years. Instead of turning to the cards again, we have an easy, three-step solution to paying the bills when cash is short.
Why Avoid Credit Card Debt?
First, it’s important to understand why you should not be running up credit card debt if you can help it. Not all debt is bad to have, but this is one of the worst. If you cannot afford to pay off the monthly total of your bill in full, you will carry debt that you may not pay off for months or years. In the meantime you will have to pay at least the minimum monthly amount. This is just the interest and you will not be able to work down the debt at all. Carrying this debt costs you money, and it also negatively impacts your credit score, making all your future financial transactions more complicated and costly.
Step 1 – Go Online for Payday Loans
The first step in paying your bills without credit card debt is to look online for a great payday loan. You don’t have to rely on credit cards when you can get a loan with nearly as much convenience. It’s not as instant as swiping a card, but it’s still easy. Just go online, or even use a mobile app and use the short application to get connected to the best lender for your needs. That lender will contact you immediately and give you an answer on the loan in minutes.
Step 2 – Get Approved for a Payday Loan, Easily
Once you have figured out that you can conveniently get cash online, you just need to get approved. Don’t assume that you’ll be denied just because you have bad credit or very little credit. These online loans are based on income. Most lenders offering payday loans look at what you earn each payday and never even check your credit score. This allows many more people access to loans and quick cash without needing to rely on credit cards or risk going into serious credit card debt.
Step 3 – Get Cash in about 24 Hours with a Payday Loan
The final step is the best step. This is when you get the cash you need to cover bills and pay your ordinary, weekly expenses. Lenders online transfer cash right away. Once your loan is official, with e-signed terms, the money will go right to your bank account. There is no need to wait for a check or cash card. Your bank will then determine when you can access the money. For most people who get approved, their banks allow access by the next business morning. In 24 hours or less, in most cases, you can have the cash you need from a payday loan, and you have avoided the dreaded credit card debt.
For more information about Green Leaf Loan Group, the products and services they offer, and how to apply, please visit GreenLeafLoanGroup.com