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Fast Loans – Are They Available?

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Fast loans are a way of getting a loan quickly. There are numerous types of fast loans, from check advance loans to personal loans. Some are harder to get than others.

Some require collateral while others do not. They all vary in the terms and conditions, so when looking for a fast loan it is important to weight the options.

Check advance loans are where a person gets a short term loan that they secure by writing a post dated check. These loans are usually given for a short period of time, anywhere from two weeks to a month.

When the loan is due the borrower can either pay off the loan or let the cash advance store cash the check they gave them. These loans are usually for small amounts, ranging from fifty to a couple thousand dollars.

Another fast loan is a title loan. This type of loan using a car title for collateral. The lender takes possession of the car title upon the rendering of the loan. If the borrower defaults the lender then can sell the car to recover the amount of the loan.

The lender will usually get a nice profit over what is owed by the borrower but they are under no obligation to give the excess to the borrower.

There are also quick loans for homeowners, these are called fast secured loans. These types of loans are secured against the borrowers property as a second charge behind that of the mortgage. A fast secured loan would generally be paid out to the client in around ten to 14 days.

The speed at which fast secured loans complete is dependant on a number of variables, such as the borrowers credit history, property value and employment status. That said, fast secured loans are one of the fastest forms of finance currently available.

Pawnshops are another type of fast loan. A pawnshop is a store that buys used goods. A person gives the shop their goods in return for money. They are given a short period of time in which they can return to repurchase their merchandise or payback the loan.

If the person does not return to pay the loan the pawnshop then takes full ownership of the merchandise and can resell it to recoup the amount of the loan. Most often people simply let the pawnshop keep the merchandise, except in cases where the merchandise is especially valuable.

A newer type of fast loan is an online loan. These are often comparable to traditional loans but take far less time to set up. These loans are often set up as automatic withdraws. The lender gets the borrowers checking account information and each month deducts the loan payment.

This can be a little risky especially if the borrower does not have the money there to pay the loan. There are a lot of online lending scams so a borrower should make sure to check out any lender they are dealing with before signing a contract.

Fast loans often come with high interest rates or in the case of title loans and pawnshops, end with the lender making a nice profit over what was owed should the borrower default. These loans come in handy, though, when money is needed in an emergency.

James Copper writes on all areas of finance and investment. He works for Any Loans who source fast secured loans and fast loans.

Steven F. Udvar-Hazy Center: View over World War Two aviation wing, including Japanese planes and B-29 Enola Gay
fast loan
Image by Chris Devers
See more photos of this, and the Wikipedia article.

Details, quoting from Smithsonian National Air and Space Museum: Steven F. Udvar-Hazy | Nakajima J1N1-S Gekko (Moonlight) IRVING:

Originally designed as a three-seat, daylight escort fighter plane by the Nakajima Aeroplane Company, Ltd., and flown in 1941, the IRVING was modified as a night fighter in May of 1943 and shot down two American B-17 bombers to prove its capability. The Gekko (meaning moonlight) was redesigned to hold only two crewmen so that an upward firing gun could be mounted where the observer once sat. Nearly five hundred J1N1 aircraft, including prototypes, escort, reconnaissance, and night fighters were built during World War II. A sizeable number were also used as Kamikaze aircraft in the Pacific. The few that survived the war were scrapped by the Allies.

This J1N1 is the last remaining in the world. It was transported from Japan to the U.S. where it was flight tested by the U.S. Army Air Forces in 1946. The Gekko then flew to storage at Park Ridge, IL, and was transferred to the Smithsonian Institution. The restoration of this aircraft, completed in 1983, took more than four years and 17,000 man-hours to accomplish.

Transferred from the United States Air Force.

Manufacturer:
Nakajima Hikoki K. K.

Date:
1942

Country of Origin:
Japan

Dimensions:
Overall: 15ft 1 1/8in. x 41ft 11 15/16in., 10670.3lb., 55ft 9 5/16in. (460 x 1280cm, 4840kg, 1700cm)

Materials:
All-metal, monocoque construction airplane

Physical Description:
Twin-engine, conventional layout with tailwheel-type landing gear.
Armament: (2) 20 mm fixed upward firing cannon
Engines: (2) Nakajima Sakae 21 (NK1F, Ha35- 21) 14- cylinder air-cooled radial 1,130 horsepower (metric)

• • • • •

See more photos of this, and the Wikipedia article.

Details, quoting from Smithsonian National Air and Space Museum: Steven F. Udvar-Hazy | Boeing B-29 Superfortress "Enola Gay":

Boeing’s B-29 Superfortress was the most sophisticated propeller-driven bomber of World War II and the first bomber to house its crew in pressurized compartments. Although designed to fight in the European theater, the B-29 found its niche on the other side of the globe. In the Pacific, B-29s delivered a variety of aerial weapons: conventional bombs, incendiary bombs, mines, and two nuclear weapons.

On August 6, 1945, this Martin-built B-29-45-MO dropped the first atomic weapon used in combat on Hiroshima, Japan. Three days later, Bockscar (on display at the U.S. Air Force Museum near Dayton, Ohio) dropped a second atomic bomb on Nagasaki, Japan. Enola Gay flew as the advance weather reconnaissance aircraft that day. A third B-29, The Great Artiste, flew as an observation aircraft on both missions.

Transferred from the United States Air Force.

Manufacturer:
Boeing Aircraft Co.
Martin Co., Omaha, Nebr.

Date:
1945

Country of Origin:
United States of America

Dimensions:
Overall: 900 x 3020cm, 32580kg, 4300cm (29ft 6 5/16in. x 99ft 1in., 71825.9lb., 141ft 15/16in.)

Materials:
Polished overall aluminum finish

Physical Description:
Four-engine heavy bomber with semi-monoqoque fuselage and high-aspect ratio wings. Polished aluminum finish overall, standard late-World War II Army Air Forces insignia on wings and aft fuselage and serial number on vertical fin; 509th Composite Group markings painted in black; "Enola Gay" in black, block letters on lower left nose.

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