For unforeseen emergencies, opt for a payday loan! Many people experience unforeseen emergencies such as medical bills, broken appliances, car repair bills and late payments on their mortgage, vehicle payment or other bills and don’t want to upset their credit. With a fast payday loan there is no need to worry. After filling out an easy application and reading and signing the contract, you can be approved and have money directly deposited in your bank account often within one business day. Depending on where you go you may even receive your loan within the hour.
Most payday loans can be approved for anywhere up to $1500.00. If you have need for large amounts of money you may qualify for more. It’s easy to apply. Just go online and fill out your personal information such as contact information, your income and bank account information including your checking account number and routing number. It’s simple and takes very little time. Many payday loans today also accept applications via text message. Just enter “loans via text message” and you’ll immediately be taken to a lender who can accept your application via a text message.
You no longer have to fax any documents to the payday loan company. You can apply online or via text message quickly and easily and no documents are required. All of your personal information is safe and secure so you don’t have to worry about your banking information being used by someone else. Text message loan applications can be quickly filled out from your cell phone and they are also safe and secure.
Experts recommend that you apply for enough money to cover all necessary expenses because you cannot get another loan payday until the first one is paid back. The pay back date will be within one to two weeks. You may also have to wait another 24 hours after paying it back before applying for another loan. It’s better to be prepared ahead of time and borrow what you need when applying for your first payday loan. An interest rate will also be added to the amount you borrow and interest rates vary from one lender to another. They are a percentage of the money you borrow but unlike a late payment, your credit score will not be affected when applying for a fast payday loan.