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Guaranteed Payday Loans No Matter What – How to Get Guaranteed Approval for a Payday Loan

If you’ve come across urgent financial help and need money now, you’d be interested in getting guaranteed loan approval with no waiting, no hassle, no extra paperwork. The good news is – you can apply and obtain Online Payday Loans 24/7 regardless of your credit score providing you meet the simple requirements:

  • Be a US citizen who is at least 18 years of age or older,
  • Have an active bank account, a regular monthly source of income, and a government-issued ID.

Emergency Payday Loans:

Many people from time to time face emergency difficulties that cannot wait until their next paycheck. If your car breaks down, your child gets sick, or you want to consolidate debt, you are probably looking for a guaranteed loan that will help you cover your expenses even if you have bad credit. However, does a Guaranteed Payday Loan exist?

What is a Payday Loan?

Payday Loan is a simple and secure type of short-term financing that allows borrowers with any type of credit to apply and receive cash asap. The debt usually has to be paid off within 2 weeks (on the day of your next paycheck). Payday Loan is unsecured, so you don’t need to risk any collateral or invite a co-signer. Guaranteed Payday Loans are a great option as you do not have to meet a large number of requirements in order for your loan application to be approved. Moreover, you can get financing even with bad, poor, or no credit at all.

Can I get a Guaranteed Payday Loan?

It depends on what you mean by guaranteed. If you expect 100% approval no matter what, it’s hardly possible. No lender offers such type of loan maybe except for some scammers who’ll charge as high-interest rates as you can’t even imagine. Lenders do not want to risk their money, so they have eligibility criteria that need to be met. Requirements help them understand whether the borrower will be able to pay off the debt on time. While the criteria may vary, each lender has a list of requirements. Thus, you will not be able to get guaranteed approval anyway.

Now more and more online lenders are offering “guaranteed approval”, but this is most likely an advertisement and they will not be able to guarantee that they will give you a loan. When they promote their service as guaranteed they mean highly available, fast, and easy. And it’s really true.

Do direct lenders offer guaranteed loans?

As already mentioned, no lender will be able to offer you a 100% guaranteed loan as it is too risky for him. However, Payday Loan direct lenders approve more than 80% of applications. It means you have very good chances of getting the money.

Can I get an online Payday Loan with bad credit?

Bad credit history may become some obstacle on your way to the loan as you are considered to be a risky borrower. However, Payday Loans are awesome in case of poor credit or no credit, as they come in small amounts and short terms which lets the lender cut down on risks. Payday lenders often do not require a traditional credit check at all, as they pay attention to other factors. The main factor that influences your approval is your regular monthly source of income. If you can prove that you are getting regular payments, you will most likely be able to get funding.

Can I get a Guaranteed Bad Credit Loan no matter what?

Even though payday lenders promise loan approval in most cases, you still need to meet the lender’s requirements. They are just basic and most Americans find it easy to get emergency cash with online Payday Loans.

Is it risky to apply for Bad Credit Payday Loans?

The first thing you need to take into account is that Payday Loans should be used in an emergency only. And the second point is – extremely high-interest rates that can reach an annual interest rate of 400%. You should not apply for a Bad Credit Loan if you are not completely sure that you will be able to repay the loan, otherwise, you will find yourself in a debt trap where it will be difficult to get out from.

What are the repayment terms of the Short Term Payday Loan guaranteed approval?

As you know, Payday Loan is a short-term type of financing that must be paid within 2 weeks (on the day of the next paycheck). Also, you should understand that the loan repayment period may vary depending on the laws of the state where you live. Thus, before applying, study the terms of the loan and pay attention to the laws of your state.

How Do Payday Loans for Bad Credit work?

  1. The first thing you need to do before you apply is to find a reliable and safe lender. Do research, compare, and think twice.
  2. Fill out a simple and convenient online application in a few minutes, providing basic personal and financial information about yourself. After you make sure that all the data is entered correctly, you can send it.
  3. The lender will examine your details and contact you almost instantly.
  4. If you are approved, you can sign a loan agreement and receive money directly into your bank account within one-two business days.

What are Payday Loan Guaranteed Approval requirements?

The basic things you are required to do or to have to apply for a Payday Loan are:

  • US citizenship or official residency
  • 18 + years of age
  • Government-issued ID
  • An active bank account
  • A regular monthly source of income
  • Your contact details such as phone and email.

Alice Jacqueline is a creative writer. Alice is the best article author, social media, and content marketing expert. Alice is a writer by day and ready by night. Find her on Twitter and on Facebook!

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