A Guaranteed Payday Loan

A Guaranteed Payday Loan

by Vickie Penny

Payday loans are short term money advances against your paycheck, and a guaranteed payday loan has been made easy to get by the huge number of offers available on the market. Lenders prefer these types of loans because their quick turn over. Consumers like this type of loan because it is a quick, temporary fix to their financial woes.

Getting a guaranteed payday loan requires you to prove that that you are employed and also prove how much you are actually earning. This is easily achieved with the latest paycheck stub you can provide. faxless payday loans

Credit checks are not done by the lender, so if you have bad credit you can still apply for and get a guaranteed payday loan. Also, if you have a good credit rating it will not be affected by this payday loan. faxless payday loans

Where to find a Guaranteed Payday Loan Lender

The market is saturated with payday loans, both offline and online. You should, if time permits, shop for a good offer. The interest rates will differ from lender to lender, but with a little research you can secure a great bargain. faxless payday loans

Considered emergency loans, payday loans get approved and are ready for you to use in a little under an hour. You can get the money as you need, cash in hand or in your bank account, in about an hour's time. faxless payday loans

Payday loans are available for a period of 15 to 30 days at a time with the possibility to extend the period with interest. For example, if you take a loan for $500 for 15 days and then you want another 15 days to pay the $500 back, you will need to pay the accrued interest charges for 30 days. faxless payday loans

Helpful tip

A guaranteed payday loan is fairly straightforward with few technicalities. However, when applying online you should know there are companies which can scam you. They do this business only to get your personal data and information in order to use it.

When applying online for a payday loan verify the company's background before handing over your personal information. This can save you a great deal of grief later on. By being careful, and repaying on time, a guaranteed payday loan will work toward your benefit by helping you out when you need it most. faxless payday loans