The Benefits of a Secured Loan – Wells Fargo

By using your personal assets such as your home, car, or savings as collateral for a secured loan, you could access lower interest rates and better borrowing options.

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Popularity of online payday loans. A growing number of people are turning to online payday loans because of their ease and convenience. They’re ideal for times when money is tight, as the applicant can receive the funds in their bank account within a day of completing the online payday loan application and being approved. Instead of going to speak to a lender in person, applicants can complete the entire process from the comfort of their home. With Green Touch, you don’t even need to fax any documents – the application can be completed in full as long as you have access to a computer and an internet connection. Once you have been approved, you will receive the amount of money you have chosen, your repayment schedule and details of any penalties or fees that may be incurred if you do not repay the loan on time.
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