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Saturday, January 19, 2008

Instant Payday Loan- Solve Your Cash Problems Instantly

Instant payday loans are taken by consumers to fulfill their short-term financial needs. You can usually borrow in the range of $100 to $1000, depending on your repayment capacity and the income you are earning.

There are hundreds of lenders, in the brick and mortar market as well as online, who offer loans to those who need money for urgent financial expenses.

Easy To Apply Online

It is very easy to apply for an online payday loan. For applying online you require using the Internet and you may ask, is the procedure safe? Well, it is safe, secure and confidential because when you apply for your payday loan online, the information is submitted on a secure server.

Payday Loans Are Value For Money

Please remember that a payday loan requires no credit check, the lender is not interested in your past, nor does it require any form of collateral; the processing is extremely fast, approval is granted in minutes if your information is accurate and the money is transferred into your bank account via an online transaction. It can be termed as the cheapest way of fulfilling your needs, which is why it is also called a cheap payday loan.

Eligibility Criteria

Now, you should know that there are certain requirements one must fulfill if you want a payday loan.

  • You must be an American citizen.

  • You must be 18 years of age or older.

  • You must have a valid checking/ savings account.

  • Your monthly salary should be at least $1000.

  • You should have been working with the same employer for not less than 3 months.

There is an excellent option available to borrowers for taking a fax free payday loan. Here, you need not fax any documents and this is also known as a paperless loan. This instant payday loan saves you a lot of time that you would have spent in sending loads of documentation to the lender. For more information visit best payday loan

Instant Payday Loan Uk- For Times When You Are In Financial Difficulty And Payday Is Far Away

An instant payday loan UK is a marvelous idea for those who live from paycheck to paycheck. Many a time financial difficulties crop up and you feel completely stranded in the midst of them. Not to mention that payday is still far away. The emergency can be of any kind, it can be a medical emergency, or non availability of funds to pay your credit card dues. At such a time you can avail an instant payday loan UK.

Why This Loan Is Called As Instant Payday Loan

This loan is called a payday loan UK because everything about it is fast and speedy. From the time you have to fill up the online application form to the approval of the loan and finally to the transfer of money into your account, all this takes 24 hours. So it certainly isn’t wrong to call this an instant payday loan.

Some Advantages Of An Instant Payday Loan UK

The fascinating thing about this loan till payday quick money UK is that there is absolutely no credit check involved so even if you have a bad credit history you will still get the loan. No shamefacedness due to rejection on this account. There is also no collateral or security of any kind required from you. And you can extend the loan amount to the next payday, if you cannot pay it when your next paycheck arrives. This is called a ‘roll over’ facility and should be used with caution. That is because every time you extend the loan amount to the next month the fees and the interest rates also go up. And the more times you ‘roll over’ your instant payday loan UK, the more difficult it is to pay back and this could land you in a situation of deep debt. For more information visit best payday loan.

Instant Payday Loan In Canada- For Instant Cash

Financial institutions and lending institutions are fast realizing the popularity that instant payday loans in Canada are gaining. These loans come as a savior to people who land themselves in a cash crunch before their salary is due. They are essentially short term loans or loans that you pay back when your next salary check arrives, hence the name payday loans.

The Plus Points Of Instant Payday Loans In Canada

Instant payday loans in Canada requires no credit checks and any one who has a bad credit history can also take them. They also do not require any collateral, except a post-dated check of the loan amount plus the interest amount or fees. Many a time, instead of a post-dated check, you can authorize an electronic withdrawal by the lending company.

Payday Loans In The Internet Age

In fact, these days, everything is electronic, from online applications, to approvals, to online transfers of money. That is because we are living in the age of the Internet. Moreover, speed and convenience have become the catchwords today. In fact, these are the very reasons why low cost payday loans in Canada are so much in demand.

How To Choose An Internet Payday Loan

e Many internet websites these days offer payday loans. This is a good sign for the customers, because you can choose a loan that is suited specifically to you. In fact, you should make sure you compare interest rates, terms, and conditions thoroughly before selecting a no fax payday loan company. You may also select the company based on whether it is listed in the Internet business directories, to ensure that the company is genuine. Another way of selecting the company is by taking the instant payday loans in Canada from a reputed financial institution, to make sure that you do not end up taking a loan from a fake company. You can also take the loan from a company recommended by your friends or relatives. For more information visit best payday loan.

Guaranteed Payday loans- Fast Cash In No Time At All

Guaranteed payday loans are short duration loans that the lender offers to the borrower if the borrower fulfills certain basic criteria. The criteria to be fulfilled are that the borrower should be at least 18 years of age, should be an American citizen, should be working for not less than 3 months in the same job, should have an income of not less than $1000 and should have a valid checking account. This check-up and verification is done to ensure that the lender does not have to face any situation of fraud later.

A Guaranteed Payday Loan Vs A Long Term Loan

The verification procedure of a guaranteed payday loan is very easy as compared to that of the long term loans. When you request for a long term loan, generally, you have to wait endlessly, the procedures are tedious and tiresome, you have to put forward some form of collateral and a thorough credit check is done. Even after all these formalities, you cannot be sure that you will get the payday loan. You may face rejection and embarrassment if your credit scores are low. On the other hand, with a guaranteed payday loan, none of this happens. No credit check is required, and even if you have a bad credit history, you can still get the loan.

Automation Has Made Life Easier

Not only that, because the entire process of getting the loan till payday is automated, you will get the loan in a jiffy. This is how the procedure is. All you need to do is apply online- the lender will do the verification based on the inputs that you have provided in your form, and then he will approve the loan. All this takes only an hour or so. In 24 hours, the guaranteed payday loan amount will be in your checking account. You can repay the loan easily. All you need to do is to authorize the lender to do an electronic withdrawal of the loan amount plus the fees on the due date that is when your paycheck arrives. For more information best payday loan.

Guaranteed Payday loan- Fast Cash In A Short Time

Guaranteed payday loans are small loans taken for a short duration, say 2-4 weeks and paid back on your next paycheck day. Guaranteed payday loans are usually taken at the end of the month, when you may fall short of cash, if a sudden emergency arises. This could be due to a medical expense, car break down, or house repairs, or even if you are in the mood to treat your self to that beautiful antique you saw at the exhibition recently.

What Are Guaranteed Payday Loans

Guaranteed payday loans are short term unsecured loans. No collateral is required to obtain these loans. However, the lender has to do verification, based on which he gives you the loan. He will check whether you are of adult age, whether you are an American citizen, if you are working in the same job for at least 3 months, if you have a monthly income of at least $1000, and if you have an active checking account. If you fulfill these criteria, there is no reason why the lender should not give you a payday loan. This he does to ensure that there are no chances of fraud.

The Amount You Can Borrow

Therefore, if you satisfy the above conditions, you can be given a loan till payday. The amount you can borrow is usually the amount of your salary or less than that, but sometimes, at the discretion the lender; you may also be able to get more. However, the best part is that, your credit is not checked while giving you the loan, so even if you have a bad credit history, you will still get the payday loan.

Fully Automated Procedures

The entire process of application, approval, getting the loan amount in your bank account, and repayment of the loan is fully automated, which is why a guaranteed payday loan is fast and convenient.