What is a tax refund loan?  I’ll admit I hadn’t heard of it myself until a few days ago.  Apparently if you can’t wait for your tax refund check to come in the mail, you can take out a tax refund loan to pay for your expenses, and then pay it back when your check arrives.  The tax refund lender uses your tax refund as collateral for the short-term loan.

As anyone who has ever been employed knows, you have to do your taxes.  The positive side to filing taxes is that you are eligible for a refund.  According to how much you pay in taxes, the government cuts you a check if they think you have paid too much.  Many people assume they will receive a certain amount and start to spend it before it rides.  The anticipation gets the best of them, or they have to purchase something while it’s still on sale.  Whatever the reasoning, when a consumer needs funds quickly they can take out a tax refund loan.

However the fees and interest on tax refund loans are higher than payday loans and cash advances.  When you take out a tax refund loan you can expect to pay tax preparation fees, administrative fees, finance charges, loan fees, and processing fees.  There is also high interest associated with these loans.  There is a one time fee and interest associated with payday loans, but the customer ends up paying less with an online payday loan.

If you need quick cash before you receiveyour cash refund check, the better option is to take out an online cash advance.  A cash advance, cash loan, or payday loan is a short term loan that is paid back on your next pay period.  At Cornerstonepayday.com you can apply for the loan 100% online.  The application is safe & secure, and approval is instant.  Applicants receive their cash within 24 business hours of applying.  The amount you can borrow ranges from $100 to $1,500.  The amount you are approved for depends on your income, credit, and other factors established by our online payday loan lenders.  We only work with licensed payday loan lenders, so our lenders always abide by industry best practices.

Get the cash you need and avoid the heavier tax refund loan fees and interest.

Many people don’t intentionally break the law.  However, when you do break the law there are consequences including heavy fines.  When governor Swartzenagor took office in California he increased fines to double the amount all over the state.  A mere speeding ticket can now cost you over $300. When you get a traffic violation you can’t afford, a quick and easy online cash advance can get you the funds you need to pay it off on time.

Most of us take our driver’s exams when we are teens in high school.  We study the laws well enough to get that license, and then the facts seem to slip our minds.  There are violations which we can all avoid by paying attention to posted signs, but sometimes it’s too dark or the sign isn’t positioned right.  Sometimes signs are just plain confusing, and other times you just really needed to make that turn at that time.

However, there are violations which we commit while being totally oblivious.  For example, my good friend Jamie was on her way to school one afternoon when she noticed a pile up down the street.  She could see a school bus parked in the right lane with its back lights flashing.  There were quite a few cars piled up, so as she waited she had time to notice that there were also no children in the vehicle.  As she got closer to the seemingly stalled school bus, she saw that cars in the right lane were merging over to the left lane, she also noticed a police officer in the middle of the street.  The police officer was moving his arms in a way that made it seem like he was directing traffic around the school bus.  At this moment she decided to do as the other vehicles had done, and moved over to the left lane.  Had she had known she was doing anything illegal, she definitely would not have done so since there was a police officer standing in the middle of the street.

As she approached the intersection the police officer then instructed her to pull over.  It was at this time that she noticed a line of cars pulled over to the side.  She had been unable to notice this earlier, because the school bus was obstructing her view.  The police officer then proceeded to write her a ticket.  Jamie was confused and frustrated.  When a school bus’ lights are flashing, vehicles on both sides of the street are supposed to stop.  This law was created to protect the children exiting the bus.  Should one of the children decide to run into the street, no harm would be done since the surrounding vehicles would be in a stalled position.

However, the situation Jamie was in was a trap set up by the police department.  A “police trap” occurs when police officers set up a scenario, expecting citizens to break the law.  Sometimes they set up speed traps, where multiple police cars line up out of view and wait for citizens to drive by speeding.  Other times they target an obscure law that many citizens don’t remember or know about.  One way police officers profit is by setting up a stalled vehicle trap.  Did you know that if a car is on the side of the road and being serviced by a tow truck, or a police officer is giving a citizen a ticket, you are required to switch lanes?  Daniel was the victim of such a trap.  A tow truck was positioned on the side of the road, and five cop cars lined up behind it.  The police officers gave a ticket to each car that passed without switching lanes.

Jamie took her ticket to court, and argued that the size of the bus and the police officers in the street confused her leading her to break the law.  The judge sided with the police officer, and Jamie was forced to pay a $650 ticket.  As a student, Jamie did not have access to $650 on the spot.  She took out an online payday loan for the amount, and was able to pay her ticket on time.  Had Jamie not taken out a cash loan to pay her fine, she risked having her licensed suspended and having her fine increased.

A new law passed by the House of Representatives is going to make it a lot harder for unlicensed payday loan lenders to lend. We’ve discussed this issue on the Cornerstone Payday blog before, why unlicensed lenders can be a nuisance to the good payday loan name. Unlicensed lenders do not have to abide by industry best practices, and they rarely follow government rules and regulations. The laws regarding payday loan lending were established to protect low income Americans from getting trapped in a cycle of debt. Those who lack funds, take out a loan without the ability to pay it back. Without regulations, certain online lenders were charging astronomical rates and fees per loan. The government stepped in, and now all licensed payday loan lenders charge rates and fees that are governed by the state in which they are licensed. The problem is, that there are many unlicensed payday loan lenders still lending in states which have banned cash advance lending. Some people within the industry feel as though the extent of government regulations has pushed many to lend illegally, without a license. The problem with unlicensed lenders is that they can run their business in which way they choose. If you do not pay your loan on time, they may harass you with threatening phone calls. They can also charge higher than normal interest rates and fees. The new law passed by the House of Representatives says that cash loans that were provided by unlicensed lenders will be forgiven. The law is supposed to prevent lenders from operating without a license. This also means that if you took out a payday loan from an unlicensed lender you can avoid paying the high interest and fees they are illegally charging. At Cornerstone Payday we only work with licensed online cash advance lenders. Each of our lenders is licensed to lend in the state in which you are applying. The fees and interest rates are governed by the laws and regulations initiated in those states. Not all online payday loan websites work directly with licensed payday loan lenders, but at Cornerstone Payday we make sure to. Apply for an online payday loan today, knowing that you’re working with someone who is abiding by government regulations.

There probably aren’t many situations where you imagined yourself taking out a payday loan, yet there are many situations in which a cash advance could come to your rescue. For example, my friends Rick and Krystle were searching for a place for weeks without success. Their lease was about to end in two weeks, so the hunt was on.

Krystle was also in the middle of a huge work merger. She was busy in meetings all day, and on the phone, so sneaking away to view apartments was not in the cards. She left the apartment search up to Rick, against her better judgment. None the less, Rick found an affordable apartment in a desired area, and all was well. That is until Krystle went to view the place and noticed the infestation problem. With just one week left, Krystle broke the lease with the infested apartment owner and began searching for a replacement.

Sadly the couple lost their deposit and first month’s rent, because they had signed the lease agreement. This left them with very little to put down on a new place. Luckily, a new one bedroom came on the market one morning, and the couple viewed the apartment immediately. The place was beautiful, newly remodeled, and affordable. They were so excited by the price and lack of roaches that they forgot to check for appliances. The kitchen lacked a fridge.

You never really understand how vital a refrigerator is until you attempt to live without one. They wanted to buy a fridge, but the cheapest they found was for around $350. After losing their deposit, and paying first month’s rent at the new place, they lacked the immediate funds to buy a fridge. That’s when the couple decided to take out an online payday loan. Rick had better credit, so he applied online. He took out a loan for $500, and it was wired to his account within 24 hours. He was able to buy the fridge, and the couple was able to eat at home in their new place. He paid the cash loan back with his next paycheck, and no harm was done to his credit.

Just another example of how online payday loans help people facing a temporary financial crisis.

A lot of payday loan critics claim that payday loan lenders pray on the “financially weak” or those with bad credit.  That is simply not the case, especially for online payday loan lenders.  A case can be made for traditional lending offices located in poorer neighborhoods, but the internet is an equalizer. The World Wide Web is open to everybody of every kind of financial background.  We do not specifically advertise to those suffering from bad credit; on the contrary, online payday loan lenders can’t profit from those with terrible credit scores.

What most people don’t know is that in order for a payday loan lead to sell the customer must have a decent amount of credit.  Payday loans are short term loans intended for those consumers experiencing temporary financial hardship.  If you have never had a credit card, or simply maxed one out, you are still eligible.  However, those who have very low credit scores or bad credit will likely get turned down.  Payday loan lenders cannot financially risk lending to customers with terrible credit.  Cash loan critics would say that cash advance lenders look for those with bad credit, who cannot possibly pay back loans on time, so that they can charge incredibly high interest rates.

Anyone who has ever borrowed money before, whether it is through a loan or through credit knows about interest rates.  Those who do not pay back their loan on time, begin to acquire interest.  The payday loan product is available to many Americans who do not have access to other types of credit.  They need a small amount of quick cash to pay emergency expenses.  Without payday loans these customers could face overdraft fees, late fees, and other consequences.  Payday loans are a useful product when used properly.  You should not take out more money than you can afford to pay back.  You should consider the fee associated with your loan, so that you can pay back your loan in its entirety.  Payday loans are due within two weeks, or by your next paycheck.

In conclusion, you can’t take out a payday loan with horrible credit.  Therefore, payday loan lenders cannot be taking advantage of consumers who cannot payback their loans on time.  Secondly, without payday loans many Americans would face far worse consequences then the interest rates charged on cash advances.

All inclusive vacations are very tempting.  I see the ads in my inbox from Groupon and Living Social.  “Come to our beautiful resort and pay one fee for lodging, food, and drinks” they say.  The ads are created with glamorous photos, and enticing text.  The prices are so low you can hardly say no, especially when you are in dire need of a vacation.  So what do you do?  You forward the link to your best friend, significant other, family member in hopes that they will be just as excited about this all inclusive vacation as you are.

Once you have your partner in crime, you begin to plan for your trip.  Living from paycheck to paycheck, you are very budget conscious.  After all, the reason you can afford this trip is because everything is included in one low package price.  You plan accordingly, saving up enough to cover the listed price.  The weeks fly by, and it’s now time for your trip.  You and your companion hop into a cab and head for the airport.

At the airport you have already encountered some additional costs.  That magazine you had to buy for the flight, the snacks purchased on the flight, and let’s not forget that in flight movie.  When you arrive at the airport, you realize that transportation to the hotel was not provided.  One of the many things not included in your all inclusive vacation.  You use cash to pay for a bus to transport you to the hotel, an expense you haven’t budgeted for.  Once you arrive at the hotel you realize that there are more items not included in your all inclusive package.  Only certain meals are included, at certain restaurants.  Your entertainment is not included, so if you want to go snorkeling or sightseeing, you will have to find the extra funds.

What is a person supposed to do when they find themselves without funds while on vacation?  An online payday loan can provide enough funds to get you through your trip and onto your next paycheck.  There is no reason you shouldn’t enjoy your vacation while on it.  A cash loan is usually in the amount of $100 to $1,500, plenty of cash to get you through your vacation.  There is a onetime fee associated with the loan that you payback on your due date.  Your due date is typically scheduled for your next payday.  The point is that all-inclusive doesn’t usually mean that everything is included, but an online payday loan can help fund the rest.

If you have spent any time on CornerstonePayday.com you know that we fully disclose our fees and interest rates.  If you are a regular visitor to the Cornerstone Payday blog, you are well equanted with what we charge, and why we charge it.  Many of you probably think advertising fees and interest rates is an easy way to lose business, but we can’t agree.  At Cornerstone Payday we’re not in the business of praying on those who are facing financial hardship.  We believe that our online payday loans provide an important service to those financially struggling to make payments before payday arrives.

We’re not in the business of judging people for coming up short before payday.  In fact, most of us have been there ourselves.  In this economy it has become far more difficult to build up a substantial savings account.  The recession caused many companies to cut full-time positions; as a result, many Americans have taken on part-time or free lance work.  It is hard to cover expenses with half the paycheck you were once receiving.  When you live from paycheck to paycheck, it leaves very little wiggle room for emergency expenses.  If a person gets sick, gets a flat tire, or experiences any number of life’s annoying disasters, they need emergency funds.  When you don’t have a savings account or credit card to bail you out of a jam, there are online payday loans.

If companies like ours did not provide payday loans, where would these people turn for funds?  Without online lending companies like ours, many Americans would face hefty fines, late fees, and face even worse consequences.  Yes, we do charge a fee, and there is interest associated with our cash loans.  However, the fee and interest we charge are lower than what our customers would pay in overdraft fees, etc.   Online payday loans are short-term loans, so the customer has to pay back the loan with their next paycheck.  The interest is charged when the loan is not paid on time.  The fee is charged in order to protect the payday loan lenders from customers who default, since these types of loans have a high default rate.

Cornerstone Payday will always be upfront with our customers, because we are here to provide a useful community service.  We want to provide customers with the emergency funds they need to take care of expenses and necessities.  In these tough economic times we all have to look out for one another.

Decorating your place is what, “makes a house a home,” but what if you don’t have the money to decorate?  If you have put off decorating your apartment, you are not alone.  A choice few really take the time to think and plan out a move.  Many of us are forced into last minute moves, providing very little time to save up funds.  Scrimping and saving may provide you with enough cash to cover the deposit and first month’s rent, but what about appliances, dishware, and furniture?

You may be able to live just fine with paper dishware and bean bag chairs, but what about your girl friend?  What impression are you making on friends and family?  When living alone getting by on the essentials is just fine, but what happens when relatives or friends come into town?  If you are caught off guard by an impromptu visit, you don’t have to panic.  There is a way you can get the funds to decorate your place on time, an online cash loan.

Online cash loans, cash advances, and payday loans are small short-term loans.  You won’t be able to go on a shopping spree at IKEA, but you can afford enough to make it look as though someone is actually living at your place.  Online payday loans range from $100 to $1,500.  Right now you can get a love seat from Target for around $300.  There are tons of online furniture stores offering deals on love seats and sofas. Need appliances to cook your guests a home-made meal? A quick online cash advance application can get you $200 to get all the appliances you need.  Borrow a little more and you will have enough for groceries.

We all have to budget these days, but that doesn’t mean you can’t impress your unexpected guests.  Online payday loans are there to help with emergency expenses.  When you have a temporary financial problem, online cash advances can get you the funds you need in less than one business day.  Don’t serve your guests macaroni and cheese in an empty apartment, give your guests a great experience with quick funds from a cash loan.

Have you ever gone out on Valentine’s Day?  If this is your first Valentine’s Day with a girl friend, you are in for an unpleasant surprise.  So it’s your first Valentine’s Day with your girl friend.  Things are going great, but you want to make sure you don’t disappoint on such an important holiday.  You’ve planned the entire evening out in your mind.  She’s been talking about this restaurant since the two of you met, and you managed to get reservations for the evening.  You asked your boss to leave early, so that you can be ready with flowers and candy when you pick her up.  When she hears of your plans, she’s over joyed with the plans.

You pick her up, and she looks gorgeous.  It’s not until you are seated at your romantic table when you notice that four course Valentine’s Day Menu is your only option.  Unless you’ve been out for Valentine’s Day at a fancy restaurant before, you wouldn’t know that many restaurants ditch their every day menu offering limited options at a staggering price.  Most restaurants serve a three to five course meal that has been designed by the chef.  The staff will tell you that this is due to the high volume restaurants see on the holiday, but we both know that profit is the real reason for the menu swap.  They know that men will shell out the extra dough to please their significant other, so they charge more.  A dinner that would normally cost you around $50, will cost over $100 on Valentine’s Day.

This leaves you in a predicament.  If your payday isn’t the next day, dinner for your Valentine can leave you without enough funds to handle your bills or other expenses.  You have a choice, you can please your Valentine with a special dinner or ask to split the bill and chance sleeping alone for the next couple of weeks.  There is a third choice, an online payday loan.  Online cash advances are an advance on your next paycheck.  You apply online and get approved instantly.  Cash advances are small loans, so you can only borrow $100 to $1,200 at any one time.  Cash loans are also short-term, so you will be expected to pay back your loan with your next check.

The cash is wired to your account, so you don’t need to worry about stopping by a cash advance shop.  When you apply for an online payday loan, the process is entirely online.  You can apply from your phone, on the way to the restaurant if needed, just remember that it takes 24 business hours for the amount to be transferred into your account.  Treat your Valentine to the romantic dinner of her dreams with a small online payday loan.

If you have ever disappointed a valentine before you know what kind of damage it can do.  Valentine’s Day has become a day about showing the one you love just how much you love them, but more often than not it comes down to how much you spend.  Each Valentine’s Day is expected to be better than the last.  What’s even worse is you are expected to compete with the gifts your girl’s friends and coworkers receive.  How could you possibly be expected to out-do someone you don’t know, when you don’t know what they are going to buy?

Some women do buy gifts for their man, but let’s be real Valentine’s Day is a woman’s holiday.  A man won’t get upset buy what he does or doesn’t get on Valentine’s Day, but most women are.  A woman wants to be able to show her friends and family that she has a good man, and that’s often done by showing what he buys or does for her.  So when a man doesn’t come through on a holiday, he usually pays the consequences.

We know you have it tough on Valentine’s Day, trying to manage your budget but please your significant other at the same time.  When you have rent, car payments, and other obligations how can you be expected to spend $100 on a floral delivery?  We understand your financial obligations, but will your girl friend?  The chances are slim.  To help with your temporary financial hardship, Cornerstone Payday offers online payday loans.  These short-term loans will help you pay off any small expenses before your next payday arrives.

The application is available online, and takes a couple of minutes to complete. You can get approved for anywhere from $100 to $1,200, just enough to treat the one you love to a very special Valentine’s Day. You apply online, and we match you with an online payday loan lender.  You don’t have to have great credit to get approved, but you cannot have multiple loans out at one time.  In fact cash loans are meant for those who lack access to credit or cash.

Whether it’s a cash loan for bracelet, box of candy and flowers, or a four course meal at the restaurant she’s been dying to dine at, Cornerstone Payday can get you the funds you need within 24 business hours.