|Direct Lender||Fax Required||Minimum Monthly Income Required||Checking Account Required|
|100 Day Loans||No||$1000 Net||Yes|
|Cash Central||No||$1000 Net||Yes|
You have probably seen advertisements for a free payday loan on television, online, and received some in the mail. Information is everywhere. You may have noticed that the interest rate can vary a lot. Were you aware that you can get a free payday loan? This article will explain how you can do this.
A payday loan is among the fastest ways to get money. Some companies will let you borrow up to $1500. it does not take long to apply for a free payday loan. The application process takes about 10 minutes to complete. Some can be completed even quicker.
You will only need some basic information to complete your free payday loan application. The lender will need to know that you are 18 or above. You will have to have worked at one job for a minimum of 3 months. You also need to earn more than $1,000 monthly.
There is a cost to borrow these loans. You will need to have a working bank account to get this loan. The account must be at least 3 months old. After you have been approved, your money will be deposited into this account. This is also where the lenders will get their repayment money on the loan due date. You will have to give them a postdated check or allow them to electronically withdraw the funds from your bank account.
Free Payday Loan
Here is how you can get a free payday loan. You only need to search for the advertisements as you shop around. They are all over the place. Only your first payday loan will be free. And then, that is only if you are borrowing $400 or below. Any additional loans you will have to pay for.
Higher Interest Rates
Yes, the interest rates on payday loans are high. Generally they are 15 – 30 % on your total borrowed amount. You will need to shop around after getting your first free payday loan if you want to make sure you get the best rate. Most lenders use TeleCheck to see if you have had a payday loan before. They can also see if you owe money on any payday loans.
It will only take you around 10 minutes to complete your free payday loan application. After approval, your money can be deposited into your account as quickly as one hour. There are two primary typed of payday loans; they are fax and faxless.
Regular Fax Payday Loan
A regular payday loan will require you to fax over copies of your most recent pay stubs to the lending agency. You will also need to send them copies of recent bank statements. They use these documents to verify your employment and bank account information.
Faxless Payday Loan
A faxless payday loan will need the same information, except these lenders will not require you to fax them any documents. They verify the information themselves using electronic database. This makes the application process much faster though it can slow down how quickly you receive your money.
When looking for direct payday lenders only, and regardless of how urgently you need the cash, do not go for the first lender that you see on the Internet. You need to figure out what the best lender is for […]
In case you encounter an emergency that you are unprepared for, there is a possibility that your friends and family members will not always have extra cash to let you borrow. During times like these, direct payday loan lenders are […]
It is very easy to find yourself in an urgent financial situation. This could be because of an error that you made when you were computing for your budget or perhaps you were hoping to receive a certain sum of […]
If you go online you can find plenty of scammers and selfish people whose main purpose is to swindle you out of your hard-earned money. This is the reason why it can be quite hard to find a legitimate payday […]
Payday loans are incredibly helpful for people who need some cash right away. However, you do have to be really careful before you sign onto any agreement. Remember that payday loans are only good for the short term and they […]
Shopping for the coming school season does not need to be stressful for you. Using a few techniques and some strategizing, you may have a hassle-free, efficient, and cheaper back-to-school shopping spree. 1. Create a list of what you need […]
One great thing about a payday loans direct lender is that the process they implement is fast and easy. You can get quick cash right away. One primary advantage of payday loans is that it is so easy to get […]
When dealing with direct lender payday loans you have to remember that these are loans coming from companies whose specialty lies in providing fast cash loans to people who urgently need them. Moneylenders of this sort have shops that are […]
Payday loan lenders only try to give their customers the cash that they require during times of great financial urgency. Payday lenders try to help people who need cash fast in order to pay for up and coming financial demands. […]
Today’s loan industry is a lot different compared to what it used to be several years past. Since the economic downturn that we experienced a few years ago, credit ratings have been more and more redefined since a lot of […]
If the world was perfect, we would be making more money than we need each month to fulfill all our financial obligations. We would definitely have enough to save and keep for emergency situations. The perfect world will also enable […]
During times when you can hardly afford your basic necessities, it can be really testing to try to be financially secure. This is particularly difficult when you wish to enjoy your life but you have to shoulder all these bills […]