People who need a source of immediate cash can trust 4SureLoans to provide a simple process that leads to fast approval in most cases. A payday loan can be used for any purpose, including: paying bills, car repairs, medical bills or any other immediate need. The interest on a payday loan can be less expensive than late fees or bounced check fees from other creditors or a bank. 

Thousands of people come to 4SureLoans each day to find help with an unexpected financial need. Loans will vary in size from 30-50 percent of the applicant’s net pay amount. The maximum loan size is $1,500. The entire loan amount must be repaid on the next payday. The funds are automatically withdrawn from the checking account. Every applicant provides the following information at the time the application is completed.

• Most current paycheck stub:
What is a Paycheck Stub..? A check stub records the information details on a check. Since checks are submitted to the bank in exchange for its cash value, no proof of the transaction is retained by the person(s) cashing the check. Therefore, stubs are traditionally retained by the check recipient as a receipt.

• Most recent checking account bank statement:
An account statement or a bank statement contains summary of all financial transactions occurring over a given period of time on a deposit or saving account.

• A voided blank personal cheque:
That orders a payment of money from a bank account

• Valid, and government issued, Photo ID:
Like driving license or any govt. authorized Photo Identity Card contains your recent photograph. 

All of these pieces of information are used to determine the applicant’s ability to repay the loan. A credit check is not necessary to qualify for a Toronto payday loan. The applicant is able to repay the loan through the next payday’s proceeds since the loan amount will be deducted from the checking account on the next payday. Loan applicants must be prepared to pay other bills that will arrive during the next pay period to avoid causing a personal financial hardship. 4SureLoans does not allow borrowers to roll over a Toronto payday loan. All loans must be repaid without using borrowed money from another payday loan from any source.
Author is an experienced financial consultant who regularly suggests ways to get rid off your daily financial problems and frequently writes about the benefits of Payday Loans and Payday Loans Toronto. To know more about Toronto Payday Loans, Online Payday Loans, Cash Advance Toronto, Toronto Loans feel free to visit: http://paydayloanstoronto.multiply.com/journal/item/3/4SureLoans_wishes_to_avoid_causing_financial_hardship_by_Payday_loans

Article Source: http://paydayloanstoronto.wordpress.com/2012/05/06/if-you-are-applying-for-a-payday-loan-qualifying-is-easy/

Payday loans in Toronto are available for the immediate financial surprises that would cause more expense if ignored. The repayment date for the Payday Loans is the next payday, and the funds are automatically withdrawn from the checking or saving account. Borrowers are not allowed to renew, or roll over, the loan into a new loan. Other companies allow this privilege, but 4SureLoans wishes to avoid causing financial hardship for customers. Recurring financial shortages should be addressed through other means, which might include a bank loan or additional income. Successive payday loans are an expensive approach to a problem that requires long-term solutions.

Customers often ask for the convenience of rolling the Toronto payday loan over when the due date arrives. Customer service representatives spend time with each person to explain the company policy that clearly states the reasons loans are not rolled over. 4SureLoans cannot participate in hindering the financial situation for any individual. This policy might seem unfair, but experience has shown that an individual who needs multiple payday loans in Toronto needs to seek financial advice from a professional. A household budget will address systemic financial shortfalls.

People generally have mixed feelings regarding long term loans. On the one hand, these loans offer the chance to reduce the monthly repayments due. But on the other hand, long term loans, with bad credit a factor especially, often means a large sum of interest is paid over the life span of the debt.

Bank loans and credit cards are longer term solutions that can address needs for a certain period of time. The best solution is to reduce the household expenditures and find an additional income stream. Most customers realize that use of a payday loan is an expensive method of acquiring money very quickly. Repetitive use of this type of loan will cause a snowball effect that makes a financial situation worse. At the time the loan is approved, the customer should be making plans to correct the financial shortfall for the next pay period. This approach will prevent future problems in the household budget.

Author is an experienced financial consultant who regularly suggests ways to get rid off your daily financial problems and frequently writes about the benefits of Payday Loans and Payday Loans Toronto. To know more about Toronto Payday Loans, Online Payday Loans, Cash Advance Toronto, Toronto Loans feel free to visit: https://www.4sureloans.com