Getting a loan has never been easier. I didn't have fax anything and there was no unnecessary paperwork. Thank you so much
Jessica, Dallas, TX
Instant approval loans and in particular paycheck loans are seen by many as a bad form of borrowing, but for those in need of quick cash they can provide the perfect solution to their problems, as you can see from the following 5 benefits.
1. They bridge the gap
Have you ever been faced with an unexpected expense that you simply can’t cover until you get your paycheck at the end of the month? Maybe your car develops a fault or the roof of your property starts to leak. This type of expense is classed as an emergency and putting off fixing the problem and paying the bill until you get paid isn’t the answer.
Instant personal loans can cover the cost and all you need to do is pay it back when you get your paycheck. It is true, you could use a credit card instead, but what are the chances of you actually paying the full amount off when you get paid? We say very slim, simply because you don’t have to.
2. They are there when you need them
In most cases, personal loans applied for over the internet and including through our website, offer a virtually instantaneous decision regarding approval. There is no waiting around for days on end while an underwriter decides if you’re a good risk. If you are approved you will generally see the money in your bank account within a day, but this could be as short as a few hours.
3. They have high approval rates
Providing you can meet the general requirements for paycheck loans there is no reason why you won’t be approved. All you need is:
A bank account in your own name that can accept deposits
A reliable contact method e.g. phone number or email address
Proof that you are 18 or older
Proof that you have a regular income
Proof that you have been in continuous employment for the previous 90 days
4. They have a hassle-free application process
Using our website to apply for instant personal loans is incredibly easy and takes just a few minutes out of your day. You fill in one form and we do all the leg-work to find the best lender for your circumstances. What could be easier? You don’t need to fax paperwork here, there and everywhere or even waste time looking for it.
Providing you can satisfy the requirements above you should have a hassle-free application process.
5. They don’t require a credit check to be performed
It doesn’t matter if you have:
A poor credit score now
A bad credit history from years ago
A bankruptcy on your file
No credit history at all
Most providers of paycheck loans will still approve your loan providing you meet the specifications listed above. Traditional banks won’t even consider approving personal loans without a credit check so if you’ve had problems with credit in the past you’re in the right place now.
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