Payday loans with guaranteed acceptance are available to people who are able to comply with a basic list of eligibility criteria. Regardless of your credit history, credit approval is assured. You will not have to pass a credit check, and you can use the money for any purpose. The cost of borrowing reflects the likelihood of default.
How to get a guaranteed payday loan
Who can apply for fast cash today?
Pay advance loans are available to US citizens who are over 18 years old and in full-time work. It does not matter if you are in a temporary contract or are still in your probationary period. A $500 payday loan is a short-term agreement and the objective is that you will be able to repay it just one month later. You do not need to provide the lender with collateral. Identification and verification checks
Payday lenders require two forms of identification. Suitable forms of I.D. include providing a copy of your passport, driving licence, gas and electricity bill or your bank statement. You will also need your own checking account so that the lender has a place to transfer your fast cash advance. The account cannot be in the name of a third party. This is not because the lender is inflexible, it purely precautionary due to the risk of fraudulent activity.
What's the cost of guaranteed payday loans?
What's the cost of a $1000 cash loan?
If you chose to borrow $1,000 for 30 days, you should expect to pay $250 of debt interest. Rates vary. So, check the cost of guaranteed finance at a price comparison site before you sign-up for a quick cash advance. State controls on payday loans with no faxing
The amount you borrow and how much you pay may be controlled by state law. For example, the maximum amount that you can borrow in Kentucky is $500 at a cost of $75. What if I cannot afford to repay a fast easy loan?
If you are struggling to find enough money to repay the debt, it is advisable to speak directly to the lender. If you bury your head in the sand, you will be pursued by debt collection agencies. Always talk to the lender because he may be prepared to extend the term of the agreement for a further month. Most customers opt to clear any debt interest that has accrued so that the repayment does not spiral out of control.