Why a Short Term Loan is Cheaper than Overdraft Fees.

There is a prevalent belief that going into overdraft on your bank account is actually cheaper than taking out a short term loan. That may have been true a long time ago, but not today. Overdrafts can be quite expensive due to the high fees you will incur. In many cases, taking out a short term loan can actually be cheaper. On average, banks charge their customers a $30 penalty fee for going into overdraft, and often, additional interest on the overdrawn amount. Alternatively, you may be paying a monthly fee for overdraft protection, which gives you protection if a check or automatic withdrawal overdraws the account. On average, banks charge $225 per year for this type of protection. Whether you overdraw your account, or opt for overdraft protection, you may be paying a hefty fee for this convenience. Overdrafts are great as instant loans for the purpose of purchases and check payments when your bank account has run out of money. But the instant nature of this loan makes it very dangerous. Most people fail to take notice until they have used up their overdraft limit and gone into the red. So what do you do if you know you have a bill payment coming up, and you know your account will be overdrawn? One way to avoid these fees is to take out a short term loan to pay your bill, instead of allowing your bank account to go into overdraft and incur expensive fees. If you use short term loans instead, until your next payday, it can end up saving you tons in fees and interest. When you are in need of money to pay your bills, taking out a short term loan can actually be cheaper and more sensible than allowing your bank account to be overdrawn. Short term loans are great for solving temporary cash flow problems. You know exactly how much money you have taken out and exactly how much you will have to pay in interest on the due date. This helps you keep your expenses in check. So, if you’re in need of extra cash to make an upcoming payment, don’t get hit by expensive bank overdraft fees and interest. You can get up to $500 today with a Northcash short term loan to make sure your bills are paid in time. Apply online using our secure loan application form to get the cash you need today!

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Northcash is an economic arm of the Fort Belknap Indian Community, a federally-recognized Indian tribe located in Hays, Montana. The Tribe and its businesses have governmental sovereign immunity and have not and are not waiving that immunity for any purpose associated with the consumer lending business of Northcash and therefore Northcash is not subject to suit by you or any third-party for any reason. CAUTION: IF YOU ARE NOT COMFORTABLE DOING BUSINESS WITH A SOVEREIGN INDIAN TRIBE THAT IS NOT SUBJECT TO SUIT, YOU SHOULD IMMEDIATELY DISCONTINUE USING AND ACCESSING THIS SITE. We may from time to time in our sole discretion and without notice to you modify the terms of this Agreement and/or change the rules that govern your use of our Site.

Who is providing this notice?

North Star Finance, LLC d/b/a Northcash, an economic arm of the Fort Belknap Indian Community.

This is an expensive form of borrowing, and it is not intended to be a long-term financial solution. Northcash loans are designed to assist you in meeting your emergency borrowing needs. The Annual Percentage Rate (APR) applied to your loan will vary depending on the pay period with the maximum APR on any Northcash loan being 795%. This is a term installment loan with approximate equal payments, but you have the right to prepay at any time. Any instances of late or non-payment may be subject to additional fees, such as NSF and late fees, as well as collection activities Before borrowing, we ask that you assess your ability to repay the amount you borrow.

You acknowledge that by submitting and completing the loan application that you are applying for a loan. We verify loan applicant information through credit reporting agencies such as Clarity, Factor Trust, and DataX. We may obtain your credit information in order to determine your eligibility and ability to repay.

Northcash does not lend to residents of Arkansas, California, Georgia, Maryland, Minnesota, Montana, New York, Pennsylvania, Virginia and West Virginia, or to members of the military or their dependents.

The availability of online installment loans are subject to change at any time at the sole discretion of Northcash.


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