What is Paydayavailable Advisor?
Paydayavailable Advisor Advisor is a leading online provider of finance. We try to provide our customers with the best financial products on the market, from mortgage and payday loans to debt consolidation and insurance.

1. Home Loans
1.1 What happens when I apply for a home loan on this Web site?
YYou will receive an e-mail within 24 hours of submission of your application. This e-mail will indicate the status of your application and the next steps you need to take.
1.2 How do I know how much house I can afford?
In general, you can buy a home with a value of two or three times your annual household income. However, the amount that you can borrow will also depend upon your employment history, credit history, current savings and debts, and the amount of down payment you would like to make. You may also be able to try special loan programs for first time buyers to purchase a home with a higher value.
1.3 Which is better - a fixed or adjustable rate mortgage?
It depends. Because interest rates and mortgage options change often, your decision which mortgage to choose might depend on:

• the interest rates and mortgage options available when you're buying a house
• your view of the future (generally, high inflation will mean ARM rates will go up and lower inflation means that they will fall)
• your personal financial and investment goals, and
• how much risk you would like to take.

When mortgage rates are low, a fixed rate mortgage is the best option for many buyers. Over the next five, ten, or thirty years, interest rates are more likely to rise than fall. Even if rates fall a little lower, an ARMs teaser rate will adjust up soon and you won't gain much if you plan to stay in the house more than a few years (the broker can tell you your break-even point). In the long run, ARMs are likely to rise, so many buyers will be best off locking in a favorable fixed rate now and not challenging much higher rates later.
1.4 What amount I need for a down payment?
Most lending companies offer options that allow the borrower to finance up to 100% of the sales price of a new home. But, if there is no down payment, the borrower will have to pay for private mortgage insurance (PMI), see question ten, below, for further information on PMI. If you are able to put more money toward a down payment, it will decrease the amount of your monthly mortgage payments. Some loan options offer 3% down payments if your income level allows it.
1.5 What does private mortgage insurance (PMI) mean?
Private mortgage insurance or "PMI" policies are designed to compensate a mortgage lender up to a certain amount if you default on your loan and your house isn't worth enough to entirely repay the lender through a foreclosure sale. Most lenders require PMI on loans where the borrower makes a down payment of less than 20%.
1.6 How can I determine my own credit status?
You may consider the following categories as tips to evaluate your credit. Please bear in mind that these are only general guidelines:
Excellent Credit

• Credit scores of 680 and above.
• At least 5 trade credit lines (credit cards, auto loans, mortgages) have each been open for at least 24 months.
• All loans have been paid on time.
• There are no records of bankruptcy, foreclosure, serious overdue accounts, or collections within the last 10 years.
• Low current credit balance concerning maximum available credit limit.
• Minimum number of credit inquiries.

Good Credit

• Credit rating between 650-679
• At least 5 trade credit lines (credit cards, auto loans, mortgages) have each been open for at least 24 months.
• Most accounts have been paid on time, with only occasional late payments.
• No public records of bankruptcy, foreclosure, serious past due accounts, or collections within the last 10 years.
• May have significant current credit concerning maximum available credit limit.
• Several recent credit inquiries.

Fair Credit

• Credit rating between 610-649
• At least 3 trade credit lines (credit cards, auto loans, mortgages) have each been open for at least 24 months.
• Most accounts have been paid on the agreed time, with only occasional late payments.
• No public record of bankruptcy, foreclosure, serious overdue accounts, or collections within the last few years.
• May have significant credit balance concerning maximum available credit limit.
• Several recent credit inquiries.

Poor Credit

• Credit rating between 530-609.
• One or more accounts have not been paid on the agreed time.
• May have had a bankruptcy, foreclosure, and serious overdue accounts or collections.
• High number of recent credit inquiries.
• Proportion of revolving balances to revolving credit limits is too high.

1.7 What is included in my mortgage payment?
For most borrowers, the monthly mortgage payments consist of three separate parts: Principal: Repayment on the amount borrowed Interest: Payment to the lender for the amount borrowed Taxes & Insurance: Monthly payments are normally made into a special escrow account for items like hazard insurance and real estate taxes. This feature is sometimes additional, and you will have to pay fees directly to the County Tax Assessor and property insurance company.
1.8 What is Home Refinancing?
Refinancing is when you receive a new mortgage to replace an initial mortgage, usually with different (and ideally better) better fees or terms. But instead of simply throwing out the original loan and making a new one, the first mortgage paid off and then a second loan is created.

1.9 What is Home Equity Loan?
A home equity loan (or line of credit) is a second mortgage that lets you turn equity into cash, which you can spend it on home improvements, debt consolidation, college education or other urgent expenses. In this case your home equity loan works a s a collateral.

2. Payday Loans

2.1 What is a Payday Loan or Cash Advance?
A payday advance provides you with an unsecured, short-term cash advance until your payday. Clients resort to payday advances for covering small, urgent expenses while avoiding costly bounced-check fees and overdue penalties. With Paydayavailable Advisor you can apply for a payday loan online and have your advance electronically deposited to your checking or savings account.
2.2 How do I qualify?
The process is much easier than qualifying for traditional credit. There are no credit checks. Your job and your paycheck act as your collateral.
2.3 Is bad credit history an obstacle?
Bad credit will not prevent you from getting a payday loan at Paydayavailable Advisor. Our highly-qualified managers will work with you, even if you have already been turned down by other lending institutions.
2.4 How secure is my data?
Our clients’ security is a # priority. Our website uses a variety of security measures to keep your personal information safe. No third party is involved. All sensitive information transmitted between your browser and our website uses 128 bit Secure Socket Layer (SSL) encryption technology.
2.5 What amount can I get?
Your first Paydayavailable Advisor loan depends on the data you provide in application form. If you pay after successful repayment of your payday loan, we may raise your loan amount on any future Paydayavailable Advisor loans.
2.6 When can I receive my payday loan?
Your application will be processed within 30 minutes, once it has been received. When you get approved, you will receive your loan on the next business day. Once you receive the loan, we will discuss you repayment dates so that you won’t have to worry about bounced checks or overdue payments.
2.7 How do I know that my loan has been approved?
You will receive an email once your loan has been approved. Paydayavailable Advisor can make adjustments to your loan approval until the time you receive the funds in your bank account based on new data concerning your loan application.
2.8 When will my loan be due?
Your due date will normally be due on your next payday that is between 8 and 25 days away. But rules and regulations depend on each state.
2.9 What if I miss the payment date?
If you can’t repay the full amount of your loan on the due date, you may ask for a loan extension.
2.10 How are fees calculated?
Our fees are competitive and in compliance with all applicable state and federal laws.

3. Debt Relief

3.1 Why should I choose Paydayavailable Advisor?
The highly-qualified professionals at Paydayavailable Advisor are ready to save you money, help you out of debt and improve your life style. You can expect a significant reduction of 40%-60% off the total balances of the unsecured debt that you enroll into our program. Your vital interests are our top priority! The thing is that you will be debt free in 36 months or less and on your way to the life you want! Success means reducing your debt.
3.2 Do your credit management programs charge a fee?
We do include a small monthly fee with our services. It is constant and does not depend on the number of creditors you have. Even with this fee included, your monthly bill may be considerably lower than what you currently have to pay. You end up saving in reduced interest charges and other reduces fees. Moreover, you pay your much quicker, which can save you thousands of dollars.
3.3 What is debt consolidation?
Debt consolidation means taking out one loan to pay off many others. Debt consolidation can help you secure a lower interest rate, secure a fixed interest rate or for the servicing of only one loan. Debt consolidation can simply be from a number of unsecured loans into another unsecured loan, but in most cases it involves a secured loan against collateral, e.g. a house. In this case, a mortgage is secured against the house. The collateralization of the loan allows a lower fee than without it, because in this case, the asset owner agrees to allow the forced sale (foreclosure) of the asset to pay back the loan.
3.4 What is debt settlement?
Debt settlement is an aggressive approach to debt reduction, which is used for debtors with a serious amount of debt or who are considering bankruptcy. A debt settlement agency negotiates with the creditors to settle the debt for a lower amount than owed, as the debtor saves their money for a lump-sum settlement payment. After the debt is settled, the creditor will send a letter about the fulfillment of debt obligation, and will inform the credit bureaus that the debt has been “Settled for less than full amount” “Paid” or “Settled”.
3.5 Why should I consolidate my student loans with Paydayavailable Advisor?
In this case you lock in your rate, lower your payment, and take advantage of Student Loan Consolidation discounts. Paydayavailable Advisor offers a complete and fast online student loan experience. You just submit your data into our online form, electronically sign your promissory note and we immediately begin processing your loan. In addition to our incredibly fast and simple process, we also offer some of the most competitive student loan fees and borrower benefits. If you want to secure a low interest rate for the life of your student loan and reduce your monthly payments to the lowest possible payment then Paydayavailable Advisor is your best option.
3.6 Once I have filled up the form how long will it take you to contact me?
Once you have completed the application form, we will contact you within next business day. However, if you are available over phone, we can get you in the discussion. If the phone is not working, we will send you an e-mail.
3.7 How will this affect my credit?
When you join our program, we will engage your creditors immediately and inform them that you will no longer be making payments on the accounts and that they will need to redirect all correspondence to us. Your enrolled accounts will be reported as overdue until they are settled. Once settled, they will show that the account was handled in an acceptable manner and that there is no outstanding balance owed. Your debt to income ratio makes up a large portion of your credit report and given that each account will show a zero balance once settled, you can expect that ratio to improve gradually. If you have debt, your debt to income ratio is already adversely affected. The fact of the matter is that any type of debt management program will affect your credit in some way. Debt settlement gives you the benefit of only having it affected while you're in the program. As a rule, our name does not appear on your report. This looks like you see to your debt on your own.
3.8 What can I consolidate?
You can only consolidate unsecured debt, i.e. debt that is not backed or underwritten by an asset. As a rule, this means credit card debt for most people. Other types of unsecured debt that can generally be consolidated are department store credit, medical bills, bank and finance companies, unsecured personal loans, and gas and oil credit cards. Bills that cannot be consolidated include mortgages, auto loans, and co-signed loans.
3.9 What is unsecured debt?
Unsecured debt is any type of account that you did not put up any collateral behind, i.e. there are no tangible assets or personal property is attached. These types of debts include credit cards, department store cards, medical bills, unsecured personal loans, repossessed vehicles, etc. Some examples of secured debts are mortgages and vehicle loans. In a secured debt, the lender has the ability to repossess the tangible property against the debt.
3.10 Why shouldn’t I choose bankruptcy?
Bankruptcy is usually a last resort because it has long-term negative consequences. First, bankruptcy remains on your credit history for 10 years. Bankruptcy also means that you will not repay your creditors. This looks especially negative on your credit report. Instead, your assets are sold off to repay your debts. You can lose a lot of property and your credit can be so damaged that you may find it very hard to regain it all.
3.11 How can you stop creditors’ calls?
We inform your creditors that you have joined our program, and collection agencies stop calling you. Some agencies need several months’ worth of payment to recognize your commitment. Since you will be up to date on your bills and making steps to pay off your debt, there will be no nee for collection agencies to contact you.
3.12 Can I pay more if I have more money?
If you can afford to pay more per month, contact us and we will change your payment structure. You can always pay out more money towards paying off your debts!