Most people think if the cost of instant cash loans as being fixed and predetermined. Although this may be true in most case, there are still ways to make your payday cash advance even more affordable. To lower your payday cash advance rate, simply apply these next few tips we are about to discuss in this article.
First of all, review your credit history and see if you have a good credit score. People with pristine credit scores can actually apply for a better payday loan; be sure to mention the request to your lender when applying for the loan or go for the specifically designed good credit payday loan. You can have the interest rate lowered substantially.
Alternatively, you can also apply for other specially designed payday loans to gain more benefits. If you serve – or have served – in the military, for example, it is also possible to find military payday loans with a lower interest rate. As a result, it is not impossible at all to cut down the cost of using a payday cash advance by as much as 50%.
Don’t hesitate to negotiate for a better rate even when you are using a conventional payday loan. If you are not in such a hurry, take your time and contact the lender directly to ask for a better quote. Mention that you are comparing payday loans from multiple lenders to get an additional discount of up to 20% thrown in; keeping the cash advance affordable is not difficult at all.