Representative APR 1272% (Variable)
Representative Example: Borrow £250 for 90 days. Total amount repayable is £411.63. Fixed interest rate of 292% per year.
We at payday loan site provide our user fully online loan search platform, no paper or faxing involved. We are not a broker or direct lenders and have no role in payday loan approval process. Just we can assure you for 100% web based services for quick loan search. We are associated with many direct lenders, they will process your loan and if satisfied with your loan eligibility may approve fund to you. Our lenders also use automated loan underwriting process so the give instant loan decisions. For approved loan their money transfer system is also through direct bank credit so payouts are very fast.
Payday loans are short term credit for employed persons who needed fund for only few days and will repay this in coming payday. This will be possible when loan amount is only a part of monthly savings of borrower. Past loan repayment history plays key-role in guaranteed approval of payday loans. One time loan defaulter will loose his chances of loan acceptance, even if any lender agrees to fund him likely will charge higher interest rate. So guaranteed payday loan is a concept only, practically no one can assure you.
Direct lenders can only guarantee for loan approvals, no else, as they are going to own the loan risk. All lenders are doing business for profit so they can not approve loan to every body. They have their own loan underwriting criteria, if any one fit in that then loan approval is 100% other wise loan rejection will be the option. For more about Guaranteed Payday Loans direct lenders visit.
Acceptance of short term loan will depend on applicants current financial position and loan repaying capacity. Borrower should provide necessary proof of his wedges with last six months salary slips and financial management verification by last few month's bank statement then lenders will perform credit history check of borrower. If he passes above three checks then only high acceptance loan will be possible by the lender. For more information on Guaranteed Payday Loans high acceptance visit the link.
To save borrowers from spiral loan trap, now it is guaranteed that Payday Loans can not be approved by the lenders, without performing credit check on borrower. To check loan suitability and the loan affordability of the borrower is now mandatory for all lenders in UK as per responsible lending policy. "Guaranteed payday Loans no credit check is now totally ban key word in payday market so do not believe in such catchy phrases. If your credit rating is poor or bad then do not try to ignore or by pass it. Find some ways to improve your credit score. You can take tips How to improve credit score?
Representative Example: Borrow £250 for 90 days. Total amount repayable is £411.63 in 3 monthly instalments of £137.21. Fixed interest rate of 292% per year. 1272% APR Representative.
Copyright © TextLoans1000 2014-18|