Recently, USA Today released a compelling study which states that the percentage of American's income derived from paychecks fell to the lowest numbers in U.S. history. According to the study, the personal income derived from employer paychecks was at 44.6% in December of 2007. Now, the percentage has dropped to 41.9% in 2010.
With the decrease in personal income and unemployment rates being at an all-time high, more and more Americans are choosing to seek cash loans to make ends meet. A cash loan is a short term loan that is meant to provide people with the monetary fund they need quickly. People who obtain these types of loans can then pay back lenders when they receive their next paychecks from their employers. When people find that they are facing financial hardships, a cash loan can be a real life saver.
If you are currently contending with financial difficulties and would like to secure a cash loan, apply for a loan online and get the cash you need now.