Monday, August 20, 2018

Can I Still Get Payday Loans with Bad Credit?

Can I Still Get Payday Loans with Bad Credit?


You can still get payday loans, even with bad credit. Most people are surprised to hear that. Even those who have seen the ads for bad credit loans assume that there must be a catch or that there really is a number that is too low. While no respectable lender will guarantee that you can get approved before seeing your application, our lenders will give you the best chance of any other lenders.

Payday Loans Don’t Revolve Around Credit


It’s true that a lot of lenders and certain types of traditional loans rely heavily on credit score. There are good reasons for that, but it is not a fair policy for everyone; it leaves some people out of the lending game. Anyone who works and earns a living should have a fair shot at getting a loan. That’s what our lenders believe, and that’s why they don’t focus on credit score for getting people approved. They use other factors that give a more complete picture of the potential borrowers and applicants.

Payday Loans and the Role of Income


What really matters in your application is how much you earn from your job and your job history. If you work for a living, earn a reasonable full time income, and you get paid regularly, lenders here will be happy to give you a chance on a loan. Most lenders mainly require that you earn $800, $1,000, or more per month to be eligible for payday loans. The reason that income and job history are so important is that they tell a lender that you are able to afford and repay a loan. Your credit score only says so much, but if you earn enough lenders know you can make repayments and should be given a chance.

Improve Your Chance of Getting Approved for Payday Loans


While these payday loans are easier to get approved for than many other loans, it’s still no guarantee that everyone will get approved. To increase the odds that your application is accepted, you can do a few things. First, make sure you know what all the minimum requirements are. You may need to show that you have a bank account, for instance, or that you are 18 years old or older. Know what to expect so you won’t be disappointed and that you don’t waste your time applying.

Apply for Payday Loans Today, Get Approved Today


So how can you get in on these payday loans that don’t require great credit scores? What you need to do is apply. That’s all it takes to be considered for a loan. You can find the application two different ways: online through the website and through a mobile app that you can download to your phone. Either way you do it, applying is fast and easy. It takes just minutes, and you can do it at any time, day or night. Approval will happen in less than two minutes if you meet the very simple, easy requirements.