Where Can I Get a Guaranteed Payday Loan Without Getting My Credit Checked?
If your bills are due and you need a little help making ends meet until your paycheck comes through, a guaranteed payday loan may be exactly what you need. This short-term loan is not difficult to qualify for and in fact, a payday loan can be secured without a credit check.
How it Works
A guaranteed payday loan is a short-term loan that is usually taken out for a period of two weeks or less. The purpose of the loan is to tide you over until payday. Applicants do not need to have good credit in order to qualify for a payday loan and even persons with poor credit can secure one with great ease. There are just a few simple qualifiers necessary in order to be eligible for a payday loan:
- You must currently be employed (or have a steady income of over $1000 a month).
- You must be able to provide proof of age (18+) and citizenship (ID or Passport).
- You must have a checking account.
- You should not have any outstanding payday loans.
If you meet these simple qualifications, securing a payday loan will be no problem.
Where to Look
Both storefront and online lenders exist, from which to secure a guaranteed payday loan. A great place to begin your search is with your favorite major search engine. Simply type in a few key words and you will instantly be linked to hundreds of local and nationwide lenders that are eager to do business with you.
If you decide to apply for your payday loan online, you can have the money directly deposited into your checking account upon approval. Should you choose a local storefront lender, you have the option of receiving cash directly from the lender or having it deposited into your checking account.
How to Choose
With so many different lenders offering guaranteed payday loans, it can be difficult to choose the right one with which to do business.
- Look For a Good Interest Rate – The amount charged per payday loan varies from state to state and even lender to lender. Some charge a standard rate (i.e. $15 per hundred dollars) and others charge an interest rate (i.e. 390%).You would be wise to research rates from several different online and local storefront vendors before settling on one with which to do business.
- Check with the BBB – The Better Business Bureau keeps track of the business dealings of companies in order to ensure that they are maintaining integrous relations with their customers. Before you sign a contract with any prospective lender, it is a good idea to check them out with the BBB in order to ensure that no negative claims have been filed against them.
- Ask for Positive Feedback – A good lending organization should be able to point you towards positive feedback from satisfied customers. Many reputable online lenders provide a forum on their websites for customers to provide unbiased feedback. If you do not find such a forum directly on a prospective lender’s website, you may want to do a quick search on the web to see if anyone has provided feedback on the company in any other online forums.
Guaranteed payday loans are a practical way to get your bills paid on time without the need to take out a long-term loan. They are easy to secure, deliver finances to you swiftly and are designed to be paid off just as soon as you get your next paycheck.