Payday loan is a short-term loan that is more costly than the traditional loans that people usually get from banks and credit unions. You can easily get a payday loan but you also have to repay it within a couple of weeks which takes a lot of pressure to repay especially when you’re struggling financially. Beware, because if you can’t repay your payday loan on its due date then the fees and other charges will accumulate. So where can you get a guaranteed payday loan?
Where Can I Find Payday Loans?
MoneyMutual – offers payday loan amounts from $100-$2,500. You can easily get your funds within 24 hours. When you apply a payday loan at moneymutual, you will fill up an application form which has no charge. After you submit all your information, lenders will take time to evaluate it and if they want to work with you, they will transfer you to the lender’s website. They will give you time to think about the terms and conditions of your loan.
iCashLoans- offers loan amounting to $100 to $1,000. iCashloans is not a direct lender; it is just a third party that will help you find the right lender for you. When you completed the application form on their website, the process will start by connecting with lenders who are willing to provide the amount of loan you need.
TriangleCash- offers payday loan amounting to $100 up to $1,000. Just like iCashLoans, it is also a loan-connection service that will connect you to lenders, so make sure that the lenders are legit before you apply a loan.
Well actually, there is no guarantee in that you’ll get approved in every loan application. So might as well do your best to meet the requirements of the lenders in order to be qualified. The good thing is, when you choose to apply for a payday loan, you don’t need to meet a minimum credit score because they accept borrowers who have bad credit score. Even if it’s easy to apply for a payday loan for its online convenience, still it doesn’t guarantee anyone that they’ll get the money they need.
Credit scores are important for lenders to assess your risk when borrowing. Typically, when you have a good credit score, it means you also get access to loans with lower interest rates and better terms and conditions. However, if your credit score is bad or almost non-existent, there are also those that are called bad credit loans with payday loans being one of them.
What are payday loans?
Payday loans is a good example of loans that are targeted at those with bad credit. Payday loans are meant to just be a small amount, possible only up to £1000. They’re called payday loans simply because this loan is meant to be paid as soon as the the next cheque rolls around. This is also why payday loans are also called cash advance loans.
How to apply for a payday even with bad credit?
When applying for a payday loan, there are two things you need to take note of: your credit check or history and your income. If your credit is really low, there’s a slim chance that you’ll get approved. If you’re planning ahead, then it might help if you could give your credit scores a boost first before applying. Remember, that applying for a loan can also lead to your credit scores tumbling down because of hard credit inquiries.
However, aside from your credit history and file, there are also other factors you have to consider. This is your income. You have to prepare your proof of a stable and steady source of income. This proves that you can pay for your loan, even without high enough credit score.
What to know before applying for a payday loan?
The only thing I can ask you to be wary of would be the ridiculously high interest rate. Since, lenders have to mitigate the risk, they tend to charge high interest rates for loans that are targeted at borrowers with poor credit.
Apply to Borrow form
$100 to $25,0000*
- Apply for $50-$1,000
- Fast Payout
- No Fees
- Secure Application
- Available 24/7
- Bad Credit
How DO I Apply?
How Does It Work?
- SIMPLE AND FAST The approval of your loan will be granted in just a few minutes
- SECURE AND GUARANTEE Your details will be safe with us
- NO HIDDEN CHARGE We will never ask for any additional charges
- ONLINE TRANSACTION The transaction will be done online. There’s no need to go to the bank anymore.
Must I Have A Guarantor??
This is the kind of loan wherein you could get the cash help you need the same day upon application. It is the kind of loan preferred by most workers who are in need of cash to pay their bills on time.
How DO I Apply
You simply go tour site, find and fill up the application form and send it over to us. You will surely hear from us again in a matter of minutes. We will not ask for any complicated documents and such. Just make sure that you provide us with your updated details and info.
Must I Have A Guarantor??
Payday loans do not require any guarantor at all. Unlike other loans today that does need a guarantor, with online loans, you could get the cash help you need even without one. However, it is important that you have a job or have other means of income so the lender will be able to get an assurance that you will pay them back on time.
What Happens If I lie on My Application?
The lender will be able to trace your record and once found out about your false info, you will not be able to get the approval you need. If you will not provide accurate and updated details such as contact info and other important details regarding your application, you will get more serious issues in the future especially if you wish to apply for a new loan.
What Happens If I
There will be the increased rate on your present loan rate if you will miss paying the lender back on time. It will affect your credit score and this could result in further issues in the future. Having a bad record would affect your name and this will cause you troubles in applying for future loans.
You don’t have to worry about paying us back. We provide the most flexible repayment method that will surely help you out. Our offered repayment method will help you pay us back on time. You can choose the right plan that will match your financial status and needs. We will not charge you unless you forgot to pay on time. But you can always get in touch without lenders so you can arrange the repayment plan that will work best for you.