Wednesday, October 1, 2008

Guaranteed Bad Credit Payday Loan - A Dependable Way Out

Financial emergency may arise at any time without giving any prior notice to you and you have to manage funds with the help of payday loan for people with bad credit. If the situation demands quicker solution, you may rely on bad credit payday loans even if you have poor credit rating.

These loans do not demand any property as collateral against the loan grant, so these loans are very much suitable to you if you lack the property or the will to mortgage it. However, guaranteed bad credit payday loans are secured types of loans, secured against your upcoming salary, to be repaid on your next payday.

Availability

These loans are available online and all you have to be considered for the loan is to fill the application form, which usually takes less than five minutes to be filled.

Moneylenders of guaranteed bad credit payday loans have come out with a dependable way out for needy people. You can get few hundred pounds instantly without much trouble from these lending institutes.

Eligibility

If your employment details show that you are earning more than £1,000 per month and working with the same employer for more than three months, you are the right candidate to get approval. Your poor credit score is not going to stop you from getting these bad credit guaranteed payday loans.

Bank account details are required only to ensure electronic transfer of funds. Lenders have no interest in knowing details of your previous transactions.

Statistics

You get this service at a cost that is much higher than any other type of loan. That is why borrow only when it is absolutely essential and be ready to pay £15 to £25 as interest and other charges for every hundred dollars you borrow.

Guaranteed bad credit payday loans offer you a few hundred pounds as the loan amount. These loans have to be repaid in a very short time period ranging from a week to a month.

Source: http://www.articlesbase.com/

4 comments:

Lucas said...

When my friends need loans, I refer them to get a payday loan. Since their credit is not the best, this is a great option for them when they need cash fast. These loans are even available online. It's stress free and hassle free and the fees are worth it.

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