self employed loans
Is Cash Genie A Reputable Payday Lender? Read On To Learn More: Cash Genie Review
Cash Genie are a UK company who specialize in short term loans and they provide a type of financing called payday loans. This is ideal for people who have found themselves short on cash, but needing to pay someone. If other methods of financing have failed, then you may find the solution you have been looking for.
If you want to place this lender in juxtaposition with other lenders in the UK and see how they rank, click here: Which Payday Lender.
With Cash Genie, you are dealing with a company that know their business and they have a good reputation. They pay a lot of attention to your satisfaction. If you have any complaints about their services, then they want you to tell them so. Their focus on customer satisfaction is evidenced by the testimonials from contented clients that you can see on their website.
One of the biggest advantages they offer is that they have no credit checks at all. So if you are faced with a situation where you need money but don’t quite have an exemplary credit record, then you can still get this type of loan. Getting a loan from Cash Genie is an easy way to get some fast cash.
As for how much you can borrow, the figures run from £75 at the lower end of the scale, and up to £750. When we look at the whole payday loans industry, then this maximum loan amount is among the smaller ones. So if your needs are higher than this, you might consider another lender.
However, their APR is around the average of the industry, at 2339%. As well as the lack of any credit checks mentioned earlier, Cash Genie is also more relaxed regarding your wages. It’s common to see lenders on the market who only accepts applicants with wages at £750 or more. At Cash Genie, you are eligible even if you make £500 a month.
As with other requirements, the standard conditions apply – you must be 18 years old, a full-time employee, a resident in the UK as well as having a debit card with the account where your wages are paid to.
All in all, they are a pretty well-rounded lender, and you will do well if you decide to go with Cash Genie. To find out more about Cash Genie or other lenders, click here: Payday Loan reviews.
The www.whichpaydaylender.co.uk Team has brought you this review of cashgenie.co.uk.
Self Employed Loan
Are Stated Income Loans for Self Employed Buyers Still Available?
My husband and I are trying to purchase a larger home and are having the hardest time. Our credit is good and we have 5% to put down. The problem is that I am self-employed and have made 3 times more money this year than the previous two years. Every bank that I have talked to says they can only go off of previous tax returns and they give no account to what I have made this year. I was advised that the lovely “foreclosure boom” have wiped out stated income loans all together. Has anyone had any luck finding a lender that still offers stated income or low doc loans to self-employed buyers?
depends on the state you live in. In NC they are banning stated income loans on January 1st. If you have over a 680….and 5% down you should still be able to do stated income. The lender will normally request a Profit & Loss statement that is current for 2007. This will determine how much money you made this year.