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.

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!