Payday Loans Blog

When you need some help with a home mortgage, Check City is the place to call.

Thanks to Check City’s connections with hundreds of lending alliances they are easily able to help you when you are buying, building, or refinancing your home.

Their friendly staff is willing to help you will the process and will gladly answer any questions you have.

Go into Check City today to discuss getting a home mortgage.

When you need to call your mom, brother, or best friend- you may need to use a phone card. In order to be prepared for those times, you should stop by any Check City location to get a prepaid phone card.

The process is easy. Come into any location, determine the right phone card for you with the help of friendly staff, and then have the freedom to call friends and family whenever you need to or want to.

Getting a prepaid phone card from Check City is the way to go for calls to friends and family!

One of the most common reasons we visit the bank is to recieve check cashing services. Sometimes banks are hard to get to. They always seem to close early, have limited weekend hours, and always seem to be celebrating holidays. When you need to get a check cashed you need to visit Check City.

They are willing to cash almost all types of checks including payroll, money order, governmental, and personal checks- to name a few. But best of all, most Check City stores are open much later than any bank- and some are even open 24/7.

Remember, when you need to check cashing services you need to visit Check City.

If you are looking to rid yourself of some old jewelry or other items made of scrap gold, silver, or platinum- you can bring them to Check City and receive cash.

Check City offers cash for scrap gold and other precious metals. They accept just about anything that contains 10K, 14K, 18K, 22K or 24K gold. This would include any bracelets, necklaces, dental gold, coins, chains, watches, and more.

If you aren’t using it any longer why not cash your gold in for money?

Get to a Check City location today to sell your scrap gold.

Check City offers title loans to their customers. There are usually no credit checks on a title loan at Check City.

Check City provides a variety of payment options. These options allow you to keep driving your car.

The process of getting a Check City title loan is easy.

1-      Bring your car, title, and picture ID

2-      Complete the application

3-      Have Check City complete an inspection, process application, and offer a loan based on a percentage value of your car

4-      Drive away with the cash you need

Drive into Check City today and drive away with a title loan for your car.

Getting an insurance plan can save you from a lot of worry and stress. In order to get the best plan for you and your family, Check City offers the best insurance options.

Check City can fill a range of insurance needs at competitive prices including auto, motorcycle, boat, RV, life, homeowners, and commercial insurance.

It’s easy to apply at Check City. They will supply you with quotes from a variety of different insurance companies ensuring that you get the best plan to secure your personal needs. Just drop in at any time to receive a free quote and purchase your policy that same day. Or call for a quote and pick up your policy next time you stop by one of the stores.

Use Check City to get an insurance plan- and start saving today.

The state of Virginia has announced they plan to compete with payday loans. Virginia said it will offer six-month loans of $100 to $500 to state employees facing financial difficulties according to the Governor.

These loans will have a 24.99% APR and no late fees or credit checks. Borrowers will be required to take an online financial course and a brief financial literacy exam.

The good news for Virginia is that they are only offering this to state employees. The reason? They would learn the hard way why payday lenders operate the way they do. Of course, they can ignore all the laws about collections and simply take whatever payments they want from teh state employee's paycheck.

But this begs the question- why only offer these to state employees? If there's clearly this better way to operate short-term loans that doesn't cost as much to the borrower, why haven't other lenders jumped on this competitive advantage? Why doesn't the state offer loans to all?

The reason is because they know an operation of this sort cannot survive as a business. That is why loans are only offered to state employees. That way no one can ever default on their loan, because the lender and employer are one in the same. The employer/lender needs simply garnish the wages of the borrower, and they get their money back.

And that is why these loans are not offered across the board to the should-be-infuriated citizens of Virginia. Pretty pathetic this blatant display of how payday loans simply cannot survive under those terms. Now maybe people are seeing the reason the APR is so high- real lenders have to account for defaults. Virginia does not.

Our friends at the Center for Responsible Lending have taken aim at payday loans yet again. Their newest study, Phantom Demand, is really a piece of work. They claim demand for payday loans is exaggerated.

Their major findings say that a majority of payday loans originate shortly after a previous loan is paid back, three of four loans are generated in a debt trap and households caught up in this pay an extra $3.5 billion in fees each year. Pretty lofty accusations.

You know what they say about assuming- it makes an ass of you and me. Well CRL, guess what you look like right now? Data is data, and if they say most loans originate shortly after another is paid off, then I believe them.

It's that fuzzy part after where I have a problem. You see, just because someone gets another loan one, two or three days after paying off a previous loan, it doesn't mean they are in some kind of debt trap. Unfortunately for CRL, no borrower is ever asked what the money is for. So they are merely guessing at intent.

But can we expect any less from the CRL? These buffoons throw out their "research" which is nothing but politically motivated bias. They make me want to puke. Payday loans, when used properly, hurt no one. Why not go after the products that when used properly are harmful? How about cigarettes? No potential for good there.

The people that unjustly fight against something have the most to gain from its demise. I wonder the CRL is standing to gain from all of this. Hopefully we never see the day when payday loans are outlawed and our freedom to choose options for ourselves is taken away from us. Then we might have two people responsible for our financial crisis running the lending industry...

Check City will be sponsoring the 7th annual "Fill the Ark" 5K run. The race starts at 3103 E. Craig Drive (3600 S.) Wasatch Jr. North Field.

Fill the Ark will be on Saturday, June 20, at 8:00 AM. You can pre-register online at www.filltheark5k.org or by mail to Mark Olson 2939 Brookburn Rd. Salt Lake City, UT 84109. All proceeds go to Heifer International.

Check City is proud to continue to be a leader in community support. We have sponsored numerous community projects such as Coats for Kids and Sub for Santa. Community outreach is an important aspect of our organization here at Check City.

So be sure to check out the Fill the Ark run. There will be food, fun and prizes.

Everyone who is outspoken in this country seems to be a critic of payday loans. It seems the only people in favor of payday loans are the ones who sell them. But that's what the critics want you to think.

Their bullying tactics have gone on for too long. It is time for payday loan borrowers around the country to stand up and say enough is enough! Anyone speaking on behalf of payday loans is instantly branded as a loan shark and hater of the poor and minorities.

Look at Chris Dodd for example. A Senator attends a fundraising dinner where some members of OLA are present. He gets shredded to bits in the media for it. Now just being in the same room as payday lenders is enough to incur their wrath.

The only way to stop this is for borrowers out there to stand up together and tell their politicians that payday loans are not the brainchild of Satan. They need to tell their representatives that payday lenders are not devils in disguise. They need to tell people that payday loans, when used responsibly, can be a lifesaver.

There's not enough balance on this issue. Everyone is quickly led away through lies and deception into believing that payday loans are terrible things. The millions of borrowers who use them responsibly might have something else to say about that.

So contact your local representatives and senators. Tell them to lay off payday loans.