Guaranteed payday loans from direct lenders are a very attractive option to consider, especially for people who need money instantly and don’t like the formalities associated with loan application. If you’re a person who don’t want to submit to the lender a number of personal documents, such as your utility bills, pay stubs or rent receipts, you can apply conveniently from your home while doing other things that you may enjoy, like spending time with your children.
Guaranteed payday loans online are also a good option for the disabled people, because the lender will come to them instead of the other way around.
Large network of payday loan lenders
There are hundreds of sites, similar to this one, offering their services online. Matching services are no brokers but rather affiliates of some of the largest lending networks operating nationwide. It is impossible for someone living in Texas to get in touch with a lender in California, where you can get much better terms and conditions on your loan. If you need to borrow $500 till your next pay, it wouldn’t make any sense for you to travel to California or to phone every Californian lender to see what they can do for you. Using the services of matching sites, you don’t have to worry about searching for the right type of lender suitable for you. In a matter of minutes you will be matched with the right direct lender who is willing to lend you the funds you request at a reasonable price.
This type of service comes absolutely free of charge to you.
Requirements to meet
If you want to get a guaranteed payday loan, you must meet the criteria imposed by the network.
You must have income – this is a very important requirement, because it guarantees a prompt repayment of your loan. The income may be derived from any source (disability, unemployment, employment, benefits, ssi, etc).
You must be of legal age – it is against the law to lend money to minors.
You must have a bank account – this is a requirement that some direct lenders are flexible about. The application form contains a little check box for those who have no bank account. It doesn’t matter if you have savings or checking account.
The application process is as simple as it can get. You will not be asked for any attachments or copies of your documents. The application consists of two short pages that you can easily complete in less than five minutes. Once you provide your details in appropriate fields, the application is submitted to the network for instant processing. It usually takes a few minutes to process each application. If your application is approved, you will be notified by mail or phone. The lender will present you with terms and conditions of your loan, which you may accept or reject. There is no penalty for rejecting the offer.
Money in the bank account
Upon your agreement, the lender will make a money deposit in your bank account. The transfer usually takes place on the same day or the next business day. Some lenders act really fast, providing you with money within an hour.
Benefits of guaranteed payday loans
No credit check – especially useful for people who are looking for payday loans with bad credit
You can apply for a loan if you’re a resident of Canada, the UK or the USA. Currently the network operates in those three countries. In the future we’re planning to expand our services to Australia and New Zealand.