What Is A Payday Loan Guaranteed?

What Is A Payday Loan Guaranteed?

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by Ethan Hunter

One of the number one reasons that many people don’t apply for payday loans is because they think that they’re going to get rejected – most of the time, they have less than great credit (Or none at all), and they’ve been rejected for loans a lot. They presume that a payday loan isn’t going to work for them.

People may not realize that when you are told Payday Loan Guaranteed, they really do mean it. If you have a reliable income source and need to have cash, then you will get a payday loan.

What About Bad Credit?

If you have bad credit, do not think that the advertisements for a payday loan guaranteed exclude you. After all, this does include you, as well as for people with good credit.

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The good thing is that thinking this way is wrong. Many of the payday loans available today require no credit check at all. That means you walk in, fill out the application, and without being drilled with questions, you get the payday loan guaranteed. That is all there is to it, nothing difficult at all.

What If I Have A Lower Income?

Another thing is that people feel they need to make a lot of money but in truth, if you make less than $2,500 a month, you can still get a payday loan. As long as there is incoming money on a regular basis, that is all lenders want to know.

Obviously, people on a lower income are typically the very people who need a payday loan the most. Often, they are faced with a financial issue, which might be a bill, a broken down car, illness, and so on. With a low income, there is not much money to rely on.

That’s why those will lower incomes can get a payday loan, guaranteed – even if it’s not as much as the maximum, you can get what you need, when you need it.

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How much is the fee?

Many people are worried about the high APR, and the fees that sometimes come with a payday loan. That’s okay… you can worry, but trust me, chances are that you can afford them.

Why? Well, let’s say you borrow $100 from a payday loan website, in order to get new brakes on your car. You’re going to be paying back that $100, plus – at most, in my experience – $20 in fees and interest.

So really for $20, you will get to drive your car and it might be sooner then you thought.

Neat, huh?

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Overall…

Never be afraid to consider answering an ad that says, “Payday loans guaranteed.” These loans are designed for people with all income levels and credit histories.

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