Postal employees in need of financial assistance can apply for cash loans from the following companies. Loans can be used for emergencies, debt consolidation, home improvement, travel and other situations.
Cash Advance
CashAdvance.com – Get up to $1000 in Your Bank Account
Use Cash Advance when you need money quickly for an emergency or unexpected situation. You may qualify for a loan regardless of credit type.
Personal Loans
PersonalLoans.com offers installment loans, which are repaid over time with scheduled payments. Personal Loans also offers private car loans up to $35,000, debt consolidation loans, quick tax refund loans, loans for medical, loans for wedding and engagements and loans for travel.
Personal Loan Tips
A personal cash loan should only be used as a last resort when other options are not available. Some cash loans have high APRs (Annualized Percentage Rates) and fees that should be considered. Before signing for a cash loan, carefully review all terms and conditions and ascertain how much the loan will actually cost. Consider if you will have enough future money to realistically pay off the loan. A personal cash loan can be a valuable tool when unexpected or large expenses are incurred. However, a loan can also lead to further financial difficulties. Also be advised that missing a payment, or rolling over a payment, could negatively impact your credit score, leading to more difficulties. Title loans, where the loan is guaranteed by the title to your vehicle, should be avoided at all costs. Allotment loans provide an option for postal and federal employees to repay their loans by allotment each payday. This is a popular option for employees with bad credit. However, if the employee quits or is fired from the postal or federal job, know that the loan must still be repayed.