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4 Things You’ve Heard About Fast Loans That Are Unfounded

September 25, 2018
, , Payday Loans, Short Term Loans 4

When you’re finding your usual monthly budget isn’t quite going as far as it needs to, a fast payday loan could be the best way to get you to your next payment from work. You’ve probably heard a whole bunch of things about these kinds of fast payout loans from friends or family and wondered what’s true and what’s not. In this post, Cigno are letting you in on 4 top rumours that are simply not true. We’ll start with:

  1. Short-term loans end up costing more than you borrow

You might have heard this one from a guy at the pub that’s had one too many. This isn’t how it works at all. At Cigno, we charge a fixed interest rate and show you all the charges that will apply to your account before you accept the loan. It’s true that the worst financial products out there try to hide fees as much as they can but that’s not how we like to do things.

For us, being upfront with our prices is the best way to do business. Spotting a scam in today’s online environment can be tricky, which is why we put so much effort into making everything as clear as day when it comes to our loan terms.

The only way you can ever be charged more than the amount you borrow for a loan is if you ignore your account way past your payment deadlines and refuse to respond to contact. Anyone claiming payday loans are a rip-off have probably experienced the consequences of failing to make payments on time.    

  1. Payday loans aren’t regulated

Every financial solution you ever take needs to be from a credible provider regulated by the Australian Securities and Investments Commission. Fast loans like payday solutions are no different. There might be swarms of dodgy vendors out there trying to offer you deals that are too good to be true, but it’s best to stick to the most reliable sources.  

  1. Payday loan companies try to make you pay late

It doesn’t benefit anyone when borrowers pay late. The most important thing to us is that we only lend to people that we can clearly see are able to afford the repayments. Payday loans companies only succeed when their customers borrow what they need and pay back right on time. In it’s our best interest for the loan to go as smoothly as possible, which is why we do all we can to help borrowers make repayments as planned by issuing notifications to remind them of upcoming deadlines.

Even if you have issues paying, we’ll work with you to make new arrangements so that you can settle your account without having major penalties applied to the amount you owe. We’d rather build great relationships with responsible borrowers, than spend all of our time chasing people that have no intentions of paying back.

  1. Payday loans are designed to rip people off

Nope. Actually our fast loans are designed to help people out when they need it most. Wealth isn’t always everyone’s path to happy living, but security and having a safety cushion can certainly make all the difference. If you don’t have a safety cushion fund and your budget is pushed to its limits, you might need a few dollars to get you through to your next payday.

That’s what a payday loan is really for. We’re not keen on helping people buy new watches, cars, or 50 inch TVs. We’re far more interested in providing people a means to access the emergency funds they need to cover urgent costs.

If you plan on spoiling youself with new stuff, it’s best to save up for it. If your survival and well-being is at steak, we’re here to help. Short-term loans are only suitable for those that really need the speed and practicality that come from having such a fast loan option.

Those are out 4 picks for now! There’s bound to more out there but these are some of the most common myths surrounding payday loans. If you need to apply for urgent funding, it’s important to only go ahead if you’re sure you really need the money as soon as possible. Think we’ve missed any? Feel free to let us know in the comments or get in touch.  

4 Things You’ve Heard About Fast Loans That Are Unfounded

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Read more about fast loans here, or in our previous blog post: 4 Ways To Get A Fast Cash Advance

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How To Tell If A Quick Cash Loan Offer Is Too Good To Be True

September 20, 2018
Emergency Loans, Payday Loans

On the hunt for the perfect quick cash loan for your situation? In this article, we’re pointing out some of the most common ways you can identify a loan offer that’s too good to be true. Have a read through these pointers to make sure you don’t go with a provider that could prove troublesome to deal with. We’ll get started with:

They offer payout in minutes

This only means bad things. Either the loan company is not being completely honest about the time it takes them to process applications, or they are being completely irresponsible with how they make their lending decisions.

At Cigno Loans, we ask for your ID and access to your most recent bank statements in your application. We need this information so that we can assess your current financial situation and determine if you’re actually able to pay back the amount you’re trying to borrow. We want to make sure all borrowers can comfortably afford their loans so that they don’t run into difficulty.

Imagine a company that is giving out loans without taking these precautions and you’ll very quickly realise how destructive this can be. The only way to offer loans with payouts this quick is to bypass any sort of assessment process and throw loans out unethically. It’s not sensible, it’s hardly feasible, and you should avoid companies that make these claims no matter how good their offers seem.

They don’t offer dedicated customer services

Anyone that offers quick cash loans and doesn’t want to be contacted is not quite doing things properly. Payday loans are meant to be solutions that help people through tough times. This means you’ll more than likely need a team that’s highly prepared to provide assistance for a wide range of circumstances.

We make sure our team is prepared to help borrowers understand their terms, complete applications, and provide any other assistance necessary to ensure the process runs as smoothly as possible. None of this is possible if you don’t offer any sort of contact information.       

Scams and threats can be pretty easy to spot if you look for the right signs. Someone working alone that just wants to take what they need before ticking you off their list is the kind of setup that would fail to run a responsive customer service channel. Can’t find a way to get in touch easily? Then it’s probably best not to get involved with them at all.   

Their rates are tiny compared to everyone else’s

The best thing to do when comparing rates is to pick a company that you believe leads the market, get a good understanding of their rates and charges, then compare other options. At Cigno, we do all we can to be upfront and open about our costs. If a company is offering rates way higher than the leading average, it’s not a good deal. If they’re offering total costs that are way below the leading average, then there’s definitely something up. A lot of payday loan companies try to hide some of their fees behind various stages in their process. If an offer is really low, then it’s more than likely they’re hiding something.  

It’s important to be careful with money and how you use it, but nobody wants to be taken for a ride because they think they’ve landed the greatest deal. In the vast majority of cases, the safest thing to do is to go with the providers you think offer decent rates, are most upfront with their charges so you know where you stand, and have a good reputation for doing things the right way. Even if they aren’t necessarily the cheapest way to go, you’ll have peace of mind in knowing they won’t slam you with any surprise issues down the road.

How To Tell If A Quick Cash Loan Offer Is Too Good To Be True

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There you have it! These are the best things to look out for when you’re scouring the net for the best quick cash loans out there. The easiest way to fall prey to unethical loan companies is to always go for the most extreme options out there. Thorough research is vital and picking providers who’s rates and policies are roughly in line with the markets largest leading companies is one of the safest approaches you can take.     

Read more about quick cash loans here, or in our previous blog post: The Best Advantages Of Fast Cash Advances And How To Use Them

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Top Reasons To Use The Same Payday Loan Provider For Future Loans

September 13, 2018
Payday Loans 1

When you apply for a payday loan for the first time with a new provider, you’ll need your most recent bank statements and your ID to prove you can afford the loan. If everything goes well and you make your repayments exactly as planned, you could develop a beneficial relationship with that vendor that can prove very helpful in future. In this article, we’ll be taking a look at the best advantages to staying with the same loan provider whenever you need a fast cash loan to get you through the month. Let’s start with:

Faster approval

At Cigno Loans, payday loans are our main focus. Our aim is to help you find the perfect short-term loan for your situation. If you’ve borrowed from us before successfully, we’ll be far more confident in helping you secure a loan in future. Come back to us for a second loan and the process will be even faster than it was for your first. We understand that speed is a crucial factor when cash is tight, so we fully appreciate how much difference it can make to offer a payout that’s as fast as possible.   

Familiar notification service

When you’re busy and flustered, it can be hard to remember little details and specific dates. Which is why we offer a range of handy notifications to remind you of the most vital stages of your loan. Different loan companies will have different approaches. At Cigno, we like to keep you well informed with texts to your phone. Most people love this idea as it gives them a little extra reminder to help ensure they don’t miss any payments.

If you get another loan from a different company, you might find they don’t keep you up to date as regularly, or they don’t contact you at all. These little features might seem trivial, but a lot of people look for consistency and like to stick with processes that are familiar.      

All of your history is kept on record in one account

It can be a great help to keep all of your loan information safely stored within one account. Whenever you want to look at past loans or check any account details, it’s all in one place. If you have multiple accounts with a range of websites, looking through your history becomes a bit more of a challenge.  

The main reason to take a payday loan is if you’re running low on cash and need a quick injection of money to get through to your next payment from work. If you’re out of work, we may be able to offer you loan that fits in line with your welfare payments. A short-term loan is a means to solve a money issue as well as prove you can borrow money responsibly. If you ever need to study or display your loan record for any reason, it’ll be much easier to do so if your entire loan history is accessible in one place.  

Potential access to larger amounts

We offer loans up to $1000 dollars to first time applicants. The only way we can offer more is if we’ve worked with you before and have seen that you’re perfectly capable of paying us back. There’s no better way to prove your capability with credit than by borrowing and making repayments exactly as agreed. This also plays a big part in restoring your credit rating to greater levels.  

Those that have dealt with us on numerous occasions successfully in the past are welcome to contact us about higher amounts. You never know when you might need access to larger sums of money for future emergencies, so building an account that allows you higher loan amounts can prove highly beneficial.

Those are the top reasons to use the same payday loan company for your future short-term loans. If you prioritise saving a few cents, looking around for other options may be suitable for you. But if you think consistency, greater convenience and building a strong account is more important, it’s worth doing your research to pick the right company from the start and sticking with them.

Top Reasons To Use The Same Payday Loan Provider For Future Loans

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Read more about bad payday loans here, or in our previous blog post: Why No Fuss Payday loans Are Rising In Popularity

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Centrelink Loans – How To Get Cash Funding While On Benefits

September 11, 2018
, , Bad Credit Loans, Payday Loans 7

The government’s Centrelink program is there to help those who need it most, but what happens when the funding you receive isn’t quite enough? In this article we’re going to be looking at the best ways you can access a Centrelink Loan that fits your circumstances. Have a read through these pointers to see if a short-term solution might be the ideal option for your urgent financial situation.

Payday loans with instant payouts

Cigno Loans offers payday loans and microloans to people who need cash as soon as possible. As well as those in full-time employment, we also like to provide help to people outside of work that are living on welfare and need a Centrelink Loan to get them through the month. Sometimes, the money you receive from benefit payments just isn’t enough. When you find yourself short on money and unable to pay for necessities, the most ideal solution would be a fast injection of emergency cash from a reliable source. This is exactly what we aim to bring you.

Handling your income and finances isn’t always easy. New costs can come up and people run out of cash from time to time. When you find yourself in this situation, your options can be quite limited. You can take a loan from a friend or try and pull off some extra work on the side, but how quickly will these ideas payout and give you the funds you need right away? With our payday loans, we usually try to have the money reach you within 24 hours of accepting your application.

You can apply for a payday loan with bad credit

Your credit score isn’t all that important when it comes to short-term Centrelink Loans. All we need to see is your latest bank statements to ensure you have the steady income needed to pay us back within the coming months. If your credit score is really low, you may have tried applying for credit elsewhere and found nothing but rejection. We like to be far more open minded and understanding of different peoples needs, so we’ll still consider your application even if your credit rating is really low.

You can apply for the exact amount you need online or over the phone

Modern living is filled with money challenges, and when you’re living on a limited income, things can pop up that you didn’t expect. We always advise that borrowers only take exactly what they need to cover their most urgent costs. Take too much and your final bill will be higher. It’s never a good idea to spend your loan on things you don’t need. Our short-terms solutions are designed to help you with emergencies, not entertainment or luxury purchases.

The most convenient way to apply is online. Using the Cigno loans website you can complete your application anytime of the day or night. Prefer speaking to someone? Our friendly team is available during daytime office hours to help you through the application process if this is your preference. Once we have your application, we’ll do everything we can to send you an offer within hours!  

Repay successfully and we’ll be happy to lend to you in future

Find yourself struggling on a regular basis? If you take your first loan with us and repay without issue, we’ll be more than happy to continue lending to you with even faster processing times in future. If you can prove to us that you are a responsible borrower by paying back what you owe exactly as agreed in your loan terms, you’ll have faster access to our services should you need more help at some point down the line. Our basic loan limit is $500, but we may be able to offer higher amounts to people that have borrowed from us on numerous occasions before without issue.

There you have it! A payday loan could be one of your best options when seeking instant funding. Whether you’ve just started receiving Centrelink benefits or have been for a while now, as soon as you need cash fast, Cigno can offer you a short-term loan that’s paid out within hours. Remember, you’ll need your bank statements and at least one form of official government ID to complete your application.      

Centrelink Loans – How To Get Cash Funding While On Benefits

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You can also read more about our Centrelink loan products here, and in our previous blog post: The Advantages Of Cash Loans For Centrelink Customers With Bad Credit

 

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4 Things You Should Never Do With A Cash Loan

September 5, 2018
Emergency Loans, Payday Loans 4

More and more of us are spending too much and saving too little. There are now loads of ways for people to run short on money month-to-month. Whether you have a family household to look after or you live in your own place, when money is tight, a fast cash loan could be your best bet to get you to your next payday.

There are loads of ways you can access money instantly. You can take out a short-term loan from Cigno, borrow some money from a friend, or even ask for a cash advance from work. However you get the money, there are certain things you should never do with a cash loan, and we’re going to point them out nice and clearly in this article. Here we go:  

Gambling with borrowed cash

Dodge this at all costs. It doesn’t matter where you get the money, gambling with borrowed funds is always a bad move. There are loads of sources out there shouting out about all kinds of get rich quick concepts that revolve around gambling. You should only ever gamble with your own money and amounts that you can afford to lose. Losing with someone else’s money just makes the loss even greater.

If you want to proactively make yourself a larger income, there are loads of more sensible ways that people should aim to make extra money on the side that come with far less risk.

Buying luxury consumables with borrowed cash

Whether it’s a wild shopping spree for items you don’t need or getting this years holiday booked in, borrowing cash to make luxury purchases that don’t hold value isn’t a good idea at all. Saving on groceries is one of the best ways most households can cut large amounts from their monthly expenditure. You should only really be spending disposable income on pleasure purchases. Use credit cards, payday loans or cash loans from friends to pay for expensive luxury buys and you risk throwing yourself into more debt than you can afford to handle.

Travel with the entire amount in hand

This is a huge security issue. At Cigno Loans, we pay our payday loans straight to your account. This allows you to draw out only what you need or pay for purchases with your debit card. Travelling with large sums of cash is always a dangerous thing to do especially if you plan on making your way through a series of public places. Do yourself a huge favour and make sure you borrow cash via electronic channels.

Even if you are taking your cash loan from a relative or associate, it’s always best to have them transfer the money to your account online. As soon as the cash is in your hands, it’s your responsibility. A theft of your online bank account can be traced and documented. A theft of cash from your hands is much harder to prove.   

Invest in ventures or schemes

Doing business with short-term finance is far from clever. Whenever you take a cash loan you should always be upfront and honest regarding your intentions with the money. At Cigno, we always advise borrowers to take as little as they can. With our loans, you can specify the exact amount you need so that you only take what you absolutely require to cover your urgent costs.

Take too much, and you risk landing higher repayment charges than you can realistically afford to pay back without any issues. Investments of any kind are not all that different to gambling. They don’t always go according to plan and could end up costing you instead of making you money.

The only real reason to borrow a cash advance is to cover costs that are essential. Repairs to your plumbing, fridge or car, food for the month, and travel expense are all examples of acceptable emergency expenses.    

Those are the main things you shouldn’t be doing with a cash loan. If any of these pursuits is in line with what you have in mind, it would be best to save rather than compile the risk by using a short-term cash loan to fund them.  

4 Things You Should Never Do With A Cash Loan

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Read more about cash loans here, or in our previous blog post: How To Get Cash Loans Fast Without A Bank

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Where To Get Online Loans With Instant Approval In Australia

September 3, 2018
, , Payday Loans, Short Term Loans 6

When you’re looking for a loan that’s paid out as quickly as possible, you’re options can be pretty limited. In this piece, we’re pointing out the most ideal places to try and get an online loan with instant approval in Australia. Have a read through and see if any of these options sounds right for your situation.

A payday loan from Cigno

Short-term loans are our speciality at Cigno Loans. We understand that when you’re having a tough month, a quick payout loan could make all the difference. This is exactly why we’ve designed a system that allows you to apply online from wherever you want, get approved within hours, and have the funds in your account the same day.

We offer payday loans up to $500, which in most cases, is more than enough to get you to your next payday. These loans are very different to typical personal loans in a variety of ways. We don’t look at your credit score when deciding how much to offer you, so if yours is not in very good shape, you can still borrow from us.

All you need to apply for a payday loan online is your government issued ID and your most recent bank statements. With these, we will be able to assess your current level of income and offer you an amount that is perfectly appropriate for your circumstances. Even if you’re self employed, and used to being turned down by conventional loan providers, as long as we can see that you can afford to pay back the amount you’re borrowing, we’ll be happy to help you out.

Need more than $500? Then you need to contact us directly to explain your situation in more detail. We usually only offer larger amounts to customers who have borrowed from us without any issues in the past.       

Emergency overdrafts

Most bank accounts will come with these solutions already active, but the amount they allow can depend greatly on your current credit score, how you’ve handled your account in the past, and the type of current account you currently use. In some cases, it’s possible to contact your bank or apply for a quick overdraft limit online. Some providers will be able to extend your limit within days, but rarely will any bank be able to process your application within hours.

Remember that if your account allows you to be overdrawn, but you don’t have an overdraft limit currently arranged, the fees for such credit can be higher than you’d expect. In most cases, the charges are applied on a daily basis. If an overdraft is your prefered route, make sure you try to have one officially arranged before using the funds, otherwise you’ll incur these far more expensive “unarranged overdraft” fees without question.

Fast delivery credit cards

These are never going to arrive the same day you apply for them, but some credit cards may arrive within days if you get them from the most efficient providers. Just like all other forms of credit, you’ll need to have a seriously good credit score to achieve cards with much larger limits. You can have starter cards or those designed to build your credit history, but these will always come with the highest interest rates in the market. You can also consider secured credit cards, but then come with an upfront security deposit cost that might not be able to cover.

You have to do your shopping around to find the best deals. Such a competitive market means there are loads of options to choose from. Getting approved for a credit card might take longer than the other options described above, but once you have one, you’ll be able to use it over and over as long as you keep up with the repayments.

Those are our picks! We hope this quick list of ideas helps you. When you need an online loan with instant approval in Australia, the fastest way to get an fast injection of funds is with a payday loan. You can try other credit options if you have more time, but if you need the funds right away, a short-term loan could be the only way to access the money within hours.    

Where To Get Online Loans With Instant Approval In Australia

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Read more about online loans with instant approval here, or in our recent blog post: Common Requirements for Fast Cash Loans

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4 Ways To Get A Fast Cash Advance

August 21, 2018
Payday Loans 4

Getting a fast cash advance when you’re short on money is not the impossible task it used to be. In this article, we’re highlighting 4 ways you can access a quick injection of cash that’ll help you make ends meet until your next payday. Have a look through these quick payout options and see if any meets your individual needs. We’ll start with:

A payday loan

Here at Cigno Loans, we offer short-term payday loans for up to $500. These loans are suitable for urgent situations where you need to cover an emergency cost but have run out of cash this month. If you’re in steady employment, you can take one of these loans for the amount you need and pay back what you owe on your next payday.

Don’t have the best credit score? With this form of fast cash advance, you don’t need a stellar credit score. At Cigno, the main thing we need to see is how much you earn every month. As long as we can see your level of income, we can offer you an amount that is perfectly appropriate for your financial circumstances. The last thing we want to see is any of our customers fall into further debts, so we do all we can to offer an amount that we can see is very affordable for you.

An advance from work

This might be an option if you have been a valuable employee at your place of work for some time. The more your records show that you’ve been a model employee, the greater the chance that your management will feel confident in providing you a fast cash advance on your salary or wages.

Not been working in your current job for very long? It’s still well worth asking as they may give you more details on the conditions you would need to fulfill even if they cant approve you right now. If it doesn’t work this time, at least you’ll have an idea of whether or not it’s a possibility in the future.   

As a side note; if you find youself continuously running short of money month to month, it might be worth considering downsizing some of the things you pay for most regularly. Examples might include decreasing your TV package, unsubscribing from services you can live without and perhaps moving to save on rent.

Cash from pawn shops or selling online

Pawn shops offer short-term loans in exchange for valuable items. Pay back what you borrowed along with the added charges they apply and you can have the item back. Fail to pay, and the pawnbroker is entitled to keep your precious item. You’ll need to take your items into the store and sign a contract that details this agreement in full. Always take care to read the agreement properly before taking the money.

If you don’t like the idea of dealing with a pawnbroker, then you can consider selling your most precious items online. This can take longer than a few days to list, find a buyer, process the transaction and receive the funds, but it’s a way to make cash without needing to use a credit card or taking a loan.

Taking a loan from friends or family  

Money can have a serious impact on your relationship with friends and close relations. Many of the most experienced money experts tend to advise against borrowing large sums of money from people you care for. When it comes to smaller faster cash loans, you still need to be just as careful.

Think about how your loan might impact their life, especially if they have a partner and children to support. You might think someone seems financially free on the face of things, but they themselves might be struggling, so it can be a very touchy subject to bring up.

In an ideal world, you’ll borrow what you need and pay it back without any issue. But if things go wrong like they always can, you’ll have the emotional side of the transaction to worry about on top of the financial implications. In the vast majority of cases, it’s better to keep your own finances separate to those of other individuals and aim to solve your costs with solutions from professional vendors rather than relying on help from relations.

4 Ways To Get A Fast Cash Advance

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Read more about fast cash advances here, or in our previous blog post: 3 Best Ways To Get A Fast Cash Loan Online

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Why No Fuss Payday loans Are Rising In Popularity

July 31, 2018
, Payday Loans 6

The “payday loan” is almost certainly something you’ve heard others talk about before. Whether they’re warning you away or letting you in on how one of these quick loans has saved their bacon more than a handful of times, one thing is clear, payday loans are on the rise.

In this piece, we’re going to highlighting the core advantages that make payday loans no fuss, no hassle, and one of your easiest options when you’re short on cash for the month. Have a read through and find out why more and more people are relying on these quick payout short-term solutions.  

Flexible amounts

At Cigno Loans, we offer a wide range of payday loan amounts. Part of the application process involves specifying exactly how much you need to solve your particular situation. We always recommend you only take what you absolutely need, because these loans are designed to be paid back as soon as you get your next payday.

You can borrow anything from $100 to $2000. This level of flexibility means you don’t have to think twice like you would if we only offered set amounts like credit cards do. With a payday loan, you can take as little as you need safe in the knowledge that you know you’ll be able to comfortably pay back everything you owe when your next payday comes around.

Your approval for a payday loan does not depend on you credit score  

When you apply for a normal personal loan, the bank or broker will almost certainly check out your credit history. If your history is not ideal, they’ll likely refuse your loan or offer you far less attractive terms that’ll make the loan far more expensive for you overall. If you’re refused completely, this can damage your credit report even further, as it will be noted that your last application for credit was turned down.

With a far less fussy payday loan, your credit score is not so important. The most important thing we need to see is that you’re in gainful employment and will be able to pay back what you owe within the coming weeks. All we need to verify this is your ID and most recent bank statements. When all other means of borrowing are refusing you due to your credit history, a payday loan could prove to be one of the last means for you to borrow from a professional and regulated source.

The speed of payout is a huge attraction

A lot of people that take payday loans are doing it because they’ve run into emergency situations that they just don’t have the cash to pay for right away. As you can imagine, in these kinds of circumstances, speed is everything. It’s for this reason that we design our payday loans to be paid to your account within hours of your application being approved.

A payday loan is not recommended for private purchases or investments. It’s mainly a means to access funds when you need them most. If need cash to pay for an urgent cost today, the application process for our payday loans can be completed within minutes and the money is paid out to your account the same day.

The other advantage to operating these loans online is 24 hour service. You can apply for a loan first thing in the morning or really late at night from your computer or smartphone. This level of convenience is one of the most important factors that makes these kinds of no fuss payday loans so easy to access.

As more and more people find themselves falling short each month, the popularity of payday loans will soar. If you’re not happy about taking a loan purely over the internet, our friendly team is ready to welcome your application by telephone.

We don’t have the same strict attitudes towards our services like many banks do. We’re open minded and show far more understanding for those in trouble that need a quick and practical solution. We’ll work with you to assess the correct amount, the schedule of your payments, and we’ll keep you informed throughout the process with a handy volume of helpful notifications. We’re here to help, and it’s in our best interest to ensure your experience with us goes as smoothly as possible.  

Why No Fuss Payday loans Are Rising In Popularity

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For more information regarding our payday loan products, please don’t hesitate to contact us.

You can also read more about payday loans in our previous blog post: How Instant Payday Loans Can Get You Out Of A Financial Bind

payday loans quick and easy cigno

How To Find The Best Quick And Easy Loans Online

July 27, 2018
Payday Loans 1

The internet has made borrowing easier and more accessible than ever before. But the range of options on offer does make research and comparison increasingly important for anyone looking to land the best loan deals. In this article we’re going to be looking at the best ways to find quick and easy loans online. Follow these tips to make sure your loan hunt exposes the best loan options for you. We’ll kick off with:

Ask friends & family first

The most useful referrals will often come from your closest friends and relations. Ask around and see if anyone you know has taken a quick and easy loan online recently. If they have, they’ll let you know how it went for them and either point you towards a vendor that they had a good experience with or give you the dirt on a company to avoid.

Customer service and communication plays a large role in the short-term loan process. You’re looking for more than just a good rate. You need to work with a company that appreciates your position and aims to help make sure things go as smoothly as possible. At Cigno Loans, we know how important it is for our team to show understanding at all times, make the application process as simple as it can be and ensure the payout is processed as quickly as possible.

Use comparison sites carefully

As soon as you start looking for a quick and easy loan online, you’ll no doubt run into the mass of comparison sites out there. These platforms can be a handy way to find good rates and identify your base options, but they shouldn’t be the only source you rely on. A lot of people will go straight to one of these sites and pick the first offer at the top of the list without thinking twice.

Quick short-term loans are complicated products that can be altered slightly to look great on a comparison listing, while holding hidden fees and expenses that the list doesn’t show clearly. If you do use a comparison site as a starting point, it’s important to remember to look into the terms and further details of each option you highlight before going ahead.

Read into peer-to-peer loans before diving in

Peer-to-peer lending (P2P) is growing at a steady pace in Australia. It’s basically a means for anyone to invest in lending to make a decent return, while borrowers can apply for any amount needed without having to visit a bank. It’s popular because its faster than applying for credit cards and the rates on offer can be very attractive. If you’re thinking of landing a quick and easy loan online through P2P platforms, you shouldn’t do so without understanding the risks and terms as closely as you can.

Payouts for P2P loans can vary but are rarely accessible within hours. So if you need your loan right away, this isn’t anywhere near as fast as a payday loan.

Payday loans are for emergencies  

If you need the money as quickly as possible, a short-term payday loan will be the best way to receive the funds on the same day that you apply if accepted. The main thing you’ll need in order to secure a payday loan is clear proof of your current income. At Cigno Loans, as long as we can see that you’re earning enough to pay back what you intend to borrow, we’ll be happy to help you out with a rapid loan straight to your account.

Payday loans are designed to be paid back within weeks, so they are only suitable for pressing situations where you need delivery soon as possible. Even if you have a less than perfect credit score, we’ll still be able to help as long as we can see that you’re in consistent employment with a payday coming up to cover what you’re borrowing.   

Those are the basics! Follow the pointers above and you’ll have the best chance of landing a great quick and easy loan online. Remember, you should always make sure you’re fully aware of all costs and charges involved in the terms of your loan before agreeing to take it. Rushing into deals you can’t afford is a sure way to throw yourself into rough financial trouble down the line. The more work you do to weigh up your options, the more confident you’ll be in your final choice!

How To Find The Best Quick And Easy Loans Online

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For more information, please don’t hesitate to contact our friendly customer service team. 

You can also read more about payday loans in our previous blog post: How To Get Fast Cash Loans Without A Bank

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How To Get Cash Loans Fast Without A Bank

July 24, 2018
, Emergency Loans, Payday Loans, Short Term Loans 4

Need cash right away but don’t want to deal with a bank? We don’t blame you! At Cigno Loans, we know just how frustrating it can be when you’re trying to get a standard loan or overdraft in a hurry. In this article, we’re highlighting the best reasons to consider a payday loan when you’re in a tight spot and need a little help securing a fast cash loan without a bank. Have read through and find out why these loans are becoming so popular. Let’s start with:

Payday loans don’t require a good credit history

If you’ve had bad luck with other loans, credit cards, or late payments in the past, it won’t hurt your chances of getting a payday loan. We care more about your ability to pay back comfortably than your credit score. This is why we pay more attention to your current level of income than we do to any credit reports. Show us that you’re in gainful employment with a good record for earning regular income, and we’ll be happy to consider you further for a very fast loan.

The banks will only lend to those that have a stellar track record with credit, which is why they have such strict and prolonged processes to ensure they only offer finance products to prime applicants. We have a far more open and understanding approach, which allows us to help more people that really need it.

If you’re looking to improve your credit history, a good way to do it would be to successfully take a payday loan and ensure you pay it back in full well within the arranged deadline. Not only is this a positive move in terms of your credit score, it’s also a great way to make us very confident of accepting you for future loans.

Speed is a top priority

More people are living in the city and enjoying faster paced lives than ever before. We understand that when you’re facing a tough financial situation, timing is everything. Short term loans are designed to be paid out as quickly as possible, the application can be completed online, and the money is paid directly to your bank account the same day. Everything about a payday loan is intended to make it a fast and reliable solution to fit around your busy schedule.

If something in your house has shut down or any other financial emergency has sprung up, the last thing you want is to have to go marching around to local bank branches looking for options. In the vast majority of cases, applicants can complete their payday loan forms online. If you prefer to call and speak to someone, that’s fine too. You’ll be able to arrange your short term-loan in the morning before work and have the money arrive in your account during the day so that it’s ready for you when you come home.

Better customer service

One of the most concerning things about taking credit from banks, is their strict agreement policies. Whether you’re taking a credit card, overdraft or standard loan, as soon as you miss one payment, their charges can go through the roof. We like to be far more open minded with a more personal approach.

If you think you’ll have trouble making a scheduled payment, you can contact us right away and we’ll do all we can to make amendments to the agreement. It’s in our best interest to make the process run as smoothly as possible, so we’re more on your side than the banks ever could be.

If you’ve been pretty good at saving money in the past, you might already have a relationship with a bank that you trust. The thing is, they’ll never do anything quickly because they’ll always have to follow a strict set of protocols to check your current status and the condition of any accounts you hold with them.

All you need to get a loan from us is an official ID and a bank statement showing your current level of income. We welcome any applicants in need of a fast loan for any specific cash amount. We hope this explanation of has helped! If you need a fast cash loan without the bank, we’re here to ensure you get the funds needed until your next round of pay has arrived.  

How To Get Cash Loans Fast Without A Bank

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For more information about how to get cash loans without a bank, please don’t hesitate to contact the Cigno team.

You can also read more about our cash loan products in our previous blog post: 3 Best Ways To Get A Fast Cash Online

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