How You Can Take Steps to Spend Less During These Times of Rising Inflation and pay off your USPS allotment loan faster.

Everywhere you look, you see and hear about prices rising on virtually everything we need.  Supply chain disruptions and inflation are beginning to wreak havoc on people all over the world.  The costs of food, gas, clothing, lumber, paper products and so many things we use in our everyday lives keep going up with no end in sight.

What makes matters even worse is, if you have a postal allotment loan, the last thing you need is to default, refinance, or take out another loan just to keep yourself from going deeper into financial debt!

Planning and Steps You can Take to Help Pay Off Your Postal Employee Loan

The first step you should take is to make a plan on how you can begin saving money wherever you can….and sticking to it!  While this will involve some sacrifices, you’ll need to make changes to either change some of your spending habits or make more money.  If you do this you’ll end up having extra money to pay off your loans faster, if not altogether.

MONEY SAVING TIPS

A good starting point is to look at your current spending habits, which should include a list of everything your currently spending money on… and then determine where you can reduce the amount of money your spending.   This list should include all your fixed and miscellaneous expenses including the following;

 HOUSING – Mortgage – Rent

AUTO/LEASE – Insurance, License Plates & Driver’s License  Miscellaneous – Gas, Maintenance

UTILITY BILLS – Heat, Electric, Gas, Water

PHONE, TV, Internet

INSURANCE – Homeowners/Renters Insurance, Life, Health, Disability

PERSONAL CARE – Clothing, Dry Cleaning, Cleaning and Grooming, Hair Cuts, Salon Costs, Nails, Massage

CHILD CARE –School Supplies, Lunches, Miscellaneous Trips, School Programs and Sports Equipment

PET CARE – Food, Medical, License, Grooming

FOOD – Groceries, Dining Out

SUBSCRIPTIONS – Cable, Streaming, Magazines

MEMBERSHIPS – Fitness, Golf, Organizations, Clubs

ENTERTAINMENT/TRAVEL

DEBT – Loans, Credit Cards

HOME MAINTENANCE – Lawn/Landscaping Services

CONTRIBUTIONS – 401K, Savings Accounts

 

YOUR PLAN TO CUT EXPENSES

Now that you have looked at your expenditures, it’s time to calculate your net monthly income (Don’t forget to include taxes), and subtract your monthly expenses.  You’ll now know how much money, if any, that you have left to begin paying off your USPS Allotment Loan and other debts faster. 

Take a hard look at the areas where you can reduce your spending; create a budget based on your income and commit to it.

If you currently can afford to pay any items like auto insurance or membership fees every 6 months or yearly, that will save you money right away.

When an Emergency Strikes… a No Credit Check Loan for Postal Employees Just Might be the Answer to Your Situation.

Life has a way to throw us a curveball every now and then, and an unexpected emergency can certainly cause even more pressure and possible disruption of your everyday life.  This is especially true when it strikes at a time when funds just happen to be shorter than usual, with no chance of acquiring a loan due to poor credit.

 

When you think about it, so many different types of emergencies can arise.  You or someone in your family’s health could take a turn for the worse, you might need to have your car repaired so you can get to work, your furnace might need repair in the dead of winter and the list goes on and on.

 USPS emergency loan                                                                                

 

 

 

 

 

 

 

 

Luckily, if you work for USPS, Lightning Fast Loans specializes in affordable no credit check loans for postal employees.  We specialize in these loans and only provide service to those working for USPS.  This allows us to pay attention to and become familiar with the needs of those working for the postal service.  

 

 

Our application process is fully explained here.  As you will see, the requirements needed to apply are simple, the documents needed are easy to gather, and once you send us your information the loan is often approved in a very short period of time.

 

There are many other benefits when you get a loan through us, including the ability to pay off your loan early, make additional payments without penalty and more.  You can find out more on our FAQ’S page.    

 

We only provide loans for postal employees to those living in the following states.  Ohio, Michigan, Louisiana, Tennessee, Maryland, New Hampshire, Delaware, and D.C. (District of Columbia). 

 

If you’re in need of a loan for an unexpected emergency, or for any other reason such as a home improvement, that Flat Screen TV you always wanted, or just a much needed vacation, Lightning Fast Loans can help.  

 

Call Today Toll FREE   888-620-3502

LOANS FOR POSTAL WORKERS CAN BE ACQUIRED FOR A CONSIDERABLY LOWER INTEREST RATE IF YOU HAVE A GOOD CREDIT SCORE.

If you’re a postal employee with a bad or poor credit score, raising your credit score is essential in getting approved for loans with lower interest rates.  In addition, you may not be able to get a loan for autos, mortgages, insurance or credit cards!  You’ll find some valuable information below on steps you can take to build and improve your credit score.

The good news is, Lightning Fast Loans can help you get a loan fast and easy!

IMPROVE CREDIT SCORE

 

  • Make sure to avoid late payments on any bills due.  Your payment history is probably the single most important factor affecting your credit score!
  • The amount of money you owe.  It’s important to keep the amount you owe on each bill as low as possible.    If you’re consistently at or near maxing out your credit limit it will negatively impact your credit score.
  • Avoid applying for new credit cards and loans if you have poor credit.  This could send a signal to banks and other lending institutions that you may have trouble paying off your existing debts and that you’re a poor risk for any new loans.
  • Check your credit reports.   You can get these reports free once a year from credit card bureaus, Experian and Equifax.  This is important as you’ll be able to tell where you might be able to improve your score.
  • Don’t close accounts you’ve had for a while.  The longer you’ve had a credit history the better.

 

Here is an excellent resource to help you improve your credit.

I HAVE POOR CREDIT.  CAN LOANS FOR POSTAL WORKERS BE APPROVED?

The good news is, even if you have a poor credit score, allotment loans for postal employees are available.  Lightning Fast Loans realizes that emergencies can occur; you may just need a little extra money for a vacation, or just want to do some home improvements.  We have over 20 year’s experience providing no credit check loans for postal employees.  The process is fast and easy, can be done over the phone, and in many cases if approved you will receive your money the next day except for Fridays and Holidays.

Please note, we only provide loans to those living in the following states.  Ohio, Michigan, Louisiana, Tennessee, Maryland, New Hampshire, Delaware, and DC.

USPS Allotment Loans – Fast Easy Application Process Even With Poor Credit 

If you’re a USPS postal worker and are worried about acquiring a loan due to poor credit there’s good news.  Lightning Fast Loans offers No Credit Check Loans for Postal Employees. 

Perhaps you’ve been thinking about getting a new car, need urgent household or auto repairs, would like to pay off existing debts, or just want to take a much needed vacation?   You can save time and avoid the hassle of applying for a loan and possible rejection because of poor credit history.

NO CREDIT CHECK LOANS

 

Our no credit check USPS allotment loans do not require borrowers to undergo stringent background checks, or a lengthy application process… whether you have a good credit history or not.  If you want to borrow money without having your credit history questioned, our simple loan requirements can definitely help you get a fast loan approval.  

All the qualifications and everything you need to know about qualifying for a loan with us can be found here.  We’ve been helping USPS postal workers acquire loans for over 20 years, and the application process can be completed over the phone in a very short period of time. 

 

Advantages of Our No Credit Check Postal allotment Loans

  • Once we receive your loan application information, the approval process is fast, and you your money is usually transferred the next business day except for Friday’s and holidays.
  • Payments are convenient and secure through PostalEase, the telephone enrollment system for Postal Employee Allotments.
  • There is never a penalty if you want to make additional payments.
  • You may pay off your loan early with no penalties.
  • You can easily check your loan balance, payment history or refinancing eligibility with a simple phone call to our toll-free customer service line at 800-640-3502.

You can also visit our FAQ’s page for more information

Loan Applicants Must be a Current Employee of USPS.

 

You simply have to provide us with some basic information regarding your employment along with a few documents such as a copy of your postal ID Badge, Date of Hire, Driver’s License, Social Security or W2 with name and social security number on it, copy of 2 current pay stubs, copy of a current utility bill with your name and current physical mailing address, a voided check or banking statement with full account number and routing number, and a phone # where you can be reached.

 

 

All the documents can easily be sent via fax, an email attachment, or text with a file attached.  All this information can be found on our application page, and if you need help we’re just a phone call away.  Please don’t hesitate to call us with any questions at our Toll-Free number 844-620-3502.

 

If you would like to learn how to fix your credit visit here.

Financial tips

 

PLEASE NOTE; We only provide USPS Allotment Loans for postal employees in the following states; Michigan, Ohio, Louisiana, Tennessee, Maryland, New Hampshire, Delaware, and DC.

PAYDAY LOANS FOR POSTAL EMPLOYEES-GOOD OR BAD?

 

There are a lot of choices when it comes to loans, and if you’re a federal employee, Payday Loans might be your last resort if you happen to have poor credit. There are several companies offering loans, and as someone needing a loan, it would be a good decision to take a careful look at what Payday Loans are and how they work.

Payday Loans are usually short term loans and can have a very high interest rate depending on your credit. Loans are normally set up on a bi-weekly schedule, are normally for a limited time period, and you have to pay more for them the longer they take.

There are a lot of different items that must be included in the loan application for a Payday Loan, but these are mostly focused on the income that you have. If you have good credit then you are going to get better terms and lower interest rates on the loan than someone with poor credit.  A borrower also needs to opt for an automatic payroll deduction repayment plan. That is how the lender makes sure that the borrower won’t miss a payment, unless of course they quit or lose their job.

Payday Loans are good for emergencies, but you also need to look at the repayment options that are offered and this is extremely important.  Any time you borrow money, you are taking out a contract, and this contract needs to be considered before you sign anything. You need to be aware of what your choices are and this is important when you are borrowing money, especially for the first time.

Another viable option is getting a loan from a company that specializes in no credit check loans for postal employees.  Lightning Fast Loans is a premier provider for loans for USPS employees.  

If you’re a postal employee, hopefully you’ve also considered disability income insurance to protect yourself from loss of income.  Postal workers have the highest occurrence of severe injuries in the United States.  If you were to have an illness or injury and ended up having a lengthy time off from work… and didn’t have disability income insurance you might just need a loan!

LOANS FOR POSTAL EMPLOYEES

To sum things up, do yourself a favor if the need for a loan arises and check out your options. Payday Loans for postal employees will more than likely be one option you should avoid!    

ALLOTMENT LOANS FOR POSTAL EMPLOYEES

Postal allotment loans provide an option for USPS postal employees to acquire a loan with a minimal number of requirements and favorable terms.  This includes no credit check loans, and is especially important when you need emergency cash!  In most cases a “payroll deduction plan” will be required.

MINIMUM REQUIREMENTS TYPICALLY NEEDED TO QUALIFY FOR A postal ALLOTMENT LOAN

  • You must be employed with the post office for a minimum of one year
  • You must physically work a minimum of 32 hours each week
  • You will most likely need a Minimum Net Take Home Pay of $800
  • You cannot be in the middle of a bankruptcy
  • Where applicable, you must be paying your State and Federal Taxes
  • You may be ineligible if you currently have other loans coming out of allotments (Ask Your Lender)

Creditors are more likely to approve a loan for USPS employees because they have a secure job, along with a steady and reliable income.  They are also aware that job security is likely to continue in most circumstances.

In most cases, loan companies offering these loans will not require a credit check.  That alone makes the application process needed to apply for a loan much quicker because there is a lot less paperwork to fill out. 

NO CREDIT CHECK REQUIRED

Since lenders prefer to loan money to people with a stable job, loans for postal allotment loans are considered high-priority loans for many lenders. Therefore, postal workers can usually count on getting money whenever they need it, although the above conditions (or similar conditions) may be required in most cases.

IMPORTANT INFORMATION REGARDING A POTENTIAL LENDERS TERMS

 When looking for a premier loan provider, you should inquire about the following.

  • You want to be provided with loan terms convenient for you.
  • Additional Fees.  Are there any processing fees or additional charges.
  • Check to see if there are any penalties for making additional payments or paying off your loan early.
  • Find out if your application affects your credit score.
  • Ask what your annual rate will be.  (This may depend on what state you live in).

LOAN APPLICATION

Quite often the loan application and approval can be completed in a very short period of timeOnce approved, you can usually expect the money to be transferred the next business day via ACH.  (Fridays and holidays excluded).

 

HOW TO SPEED UP THE PROCESS OF GETTING YOUR LOAN APPROVED.

Postal allotment loans are not time-consuming when it comes to the process of supplying the information needed by the lender. It’s best to gather the information below, and have it all ready when applying for a loan.  Most companies will have a Toll Free number to call if you have any questions, along with the ability to Text or Fax information required.

Loans for Postal Employees typically require the following;

  • Pay Stubs
  • Copy of Postal ID Badge
  • Date of Hire
  • Copy of Driver’s License
  • Copy of Social Security card or a W2 with Name and Social Security number on it
  • Copy of a Utility Bill with your Name and Mailing Address
  • Banking Information.  Voided Check or Bank Statement with Full Account # and Routing #
  • A Phone Number Where You can be Reached

 

ATTRACTIVE FEATURES OF POSTAL ALLOTTMENT LOANS
  1. The qualifications are minimal and do not require a credit check.
  2. There’s very little paperwork.
  3. Approvals are usually very fast.
  4. The interest rates are fixed for the term of the loan.
  5. You can use the money for whatever you want including emergencies, home remodeling, a vacation, a wedding etc.
  6. Refinancing is often available throughout the loan if you need more money.