Payday companies will provide customers with as much as $1000 in less than 24 hours.
Poor Credit Accepted
Those who have bad credit history are in the position to get a loan.
In order qualify for a cash advance, you must meet three basic requirement: be 18+, have income and bank account.
No matter what you need the cash for, whether it is a sudden medical
bill or some unexpected event, you can get it with no questions asked.
You can request a payday loan by filing a simple form with no
documents involved Payday lenders require very few basic personal
details from you, such as your name, home address, phone number, etc,
which are provided on the form. It takes only a few minutes to complete
the form and submit it to our network.
It does not take too long for your loan request to be processed and
approved. As a matter of fact, it only takes a few minutes up to a hour o
hear from the lender.
Money Same Day Or Next Business Day
The cash is transferred directly to the bank account specified on the form the same day or the next business day.
Disadvantages of Payday Loans
The amount that you can borrow is up to $1,000. If you need more money that a $1,000 a payday loan is not for you.
Tight Repayment Deadlines
It is important to repay the loan at the contracted date otherwise
additional fees will be applied, which will make the loan much more
expensive. Defaulting on the loan will adversely affect the credit
The repayment is usually in two weeks because these types of short
term loans use the borrower’s paychecks as the payment. If you wish to
roll over your loan, you will have to pay additional charges.
Cycle of Debt
The biggest disadvantage might be the fact that payday loans are too
easy available. Borrowers are often very tempted to get them. As a
result, they may fall into the spiral of debt where fees start to
accumulate very quickly.