Guaranteed Payday Loans

In a financial emergency most often what counts is time. When you don’t have a lot of time you don’t want to waste any filling out applications at places that will reject you. One way to avoid this is to look for guaranteed payday loans.

These are guaranteed because they have so few requirements. This means that, yes, chances are if you deal with one of these comapnies there will be no credit check or other look into your financial background.

Most of these will say they are 99% sure they will approve you, this last 1% is because there still are some requirements: you need to be 18 years old, be employed, earn $1,000 a month, and have a checking or savings account they can deposit the money into.

Payday loans work by lending you a relatively small amount of money, usually $100 to $1,500. This is expected to be paid back in a short amount of time, one week to a month, typically whenever you’ll be recieving your next paycheck is when you pay the money back. You give the company a post dated check, or agree to have the money directly taken out of your account on the agreed upon date of repayment. If when the date comes you don’t have the money you’ll need to contact the company immediately, preferably before they try to withdraw the funds and you end up with overdraft fees.

Payday loans do have high fees associated with them and if you don’t pay them back on time those fees can quickly become much worse.

You can find these deals online or at in person stores and with a variety of options such as direct lenders, online without fax, and more. Of course, you’ll want to find the company with the lowest fees and as a general rule I suggest finding five companies that meet your basic requirements and then comparing their fees.

There are tons of companies out there, find the right guaranteed payday loan for you.