Guaranteed Payday Loan: Quick Loans With Guaranteed Approval

By: Scarlette Riley

Are you facing a cash emergency? Cannot afford to spend days waiting for your personal to be approved? Do not worry, because now with the guaranteed payday loans, you can be assured that you receive the required loan amount within a day.

Features

Guaranteed payday loan is a quick and easy loan with guaranteed approval. There is no need to fax any documents and there is no credit check too. This makes the approval process very fast and also accessible to the bad credit holders.

This is a short term loan with the repayment period stretching up to your next payday. This can also be extended by paying extra fees. The loan amount usually ranges from ?100 to ?1000. The interest rates are higher. There is no need to place any collateral or write any post-dated cheque since all transactions are done electronically. The repayment is simple. The loan amount is automatically deducted from your bank account on the due date.

Procedure

The easiest way of availing a guaranteed payday loan is through the online method. The borrower has to fill and submit an online application form. The borrower is required to furnish basic information like employment status, income proof and bank account details. The details are verified and the loan is approved almost instantly. The cash is credited to the borrower's account within 24 hours. The borrower has to authorize the lender to deduct money from his/her account on the due date of repayment; thus making it a hassle-free process for the borrower.

Advantages

&bullQuick and guaranteed approval

&bullInstant cash

&bullNo credit check

&bullEasy repayment process

Guidelines to borrowers

The borrowers can search and compare different lenders online and choose the best suiting them. It is recommended that you borrow according to your needs and repaying capability. It is also advisable to avoid extension in repayment periods, as you need to pay extra fees which may prove costly.

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