Our policy is to ensure our consumers keep in mind that any Cash Advances or Payday Loans are meant specifically for emergency situations that arise unexpectedly before your next paycheck. In no way should they be considered money management solutions or long term financial solutions. If you require the assistance of a debt management professional we recommend an independent debt professional.
- Make a budget.
- List income you receive from all sources so you know exactly how much you bring in each month.
- List how much you have in savings and how much you add to it each month, even if it’s just a small amount.
- After you’ve done that, list your fixed monthly expenses such as rent, mortgage, car payments, cell phone, insurance and internet access.
- Then list your variable expenses. Things like groceries, clothing, gas and electric.
- Add the two lists. If you have money left over each month, put it in your savings. If your expenses exceed your income, see if there’s anywhere you can cut back.
Importance of Savings
It’s hard to put money away unless you change the way you think about savings. When you make out your checks to pay your bills each month, write one to yourself, even if it’s for $10. Add it to your savings and forget about it. Every six months or so, raise that amount, even if it’s only $5. The main thing is to make that saving deposit every month and watch it grow.
The Trick to Spending
Spending isn’t a bad thing unless you do it irresponsibly. Try to make sure you need what you’re buying. Watch for sales. Look for discounts online and coupons. Most important, stay with the budget you set for yourself.
This service is for when you need a PAYDAY LOAN – for the expense you couldn’t possibly foresee and can’t cover till you get paid again.
Policy on Responsible Lending
Snug-loans.com is dedicated to providing you, the consumer, with lenders who are reputable and do not engage in illegal practices. While we are not a lender, we require all our participants to adhere to the regulations laid out in the fair lending laws including the Truth in Lending Act. All participating lenders, as a result, provide you with a written document explaining their rates, fees, late charges, rollover charges and all other details of their loan before asking the consumer to sign the document. We will not work with any lender who has violated these or any other state regulatory legislation.
In addition, our participating lenders engage in “fair lending practices”, which is defined as “fair, equitable and nondiscriminatory” in the Dodd-Frank Wall Street Reform Act. This allows consumers to file a complaint for any regulatory violation pertaining to their payday loan with the Consumer Financial Protection Bureau. If any of our lenders violates any of these ethical policies, Snug-loans.com will stop doing business with them.
Code of Practice
Snug-loans.com is here specifically to assist you. The one thing we stand by is consumer satisfaction. Do you have an issue with one of our lenders? Let us know and we’ll help set it right.
For once it’s time to have a company that not only understands, but is here to help.