Monday, February 23, 2009

How to Get Your Guaranteed Bad Credit Loan Today

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If you have bought groceries, paid for gasoline or other fuels, or bought basic necessities for your family in the past few months - then you probably have noticed that prices are going up, up, and away. Sometimes our paychecks just cannot compete with the rise in prices that is reflective of the horrible economic conditions around the world. You probably only get paid once a week, or maybe even once a month. There is a long stretch between paychecks for most workers, especially when they are paying $5 for gallon of milk and nearly as much for a gallon of gas.

It is truly a challenge for some workers to make it back and forth to work and also keep their households running until they get their next paycheck. If you are among them and have bad credit, you may not have a source to borrow money to allow you to make ends meet until you are paid again. You can, however, take out a guaranteed bad credit loan today to meet your expenses and keep you afloat until you get paid.

Borrow Up To $2,000 Today

A guaranteed bad credit loan is a payday loan that is granted to you until your next payday. A guaranteed bad credit loan can be for as much as $2000, or as little as $200, depending upon your needs and your ability to repay the lender. Be careful to borrow only the amount that you can comfortably afford to repay when you take out your guaranteed bad credit loan - or you may risk being unable to pay or being short on other necessities.

No Credit Check Required - Everyone Qualifies

One of the most popular reasons that workers take out guaranteed bad credit loans is their ease of availability. Nearly everyone qualifies for this type of loan. The only requirements are that you have a steady job with adequate income to repay the lender, and an active bank account that has been open for at least sixty days and is not overdrawn. There is no credit inquiries when you take out a guaranteed bad credit loan, which means that borrowers with all types of credit can be granted the money they so desperately need to meet their expenses until they receive their next paycheck, usually anywhere from a week to a month away.

Easy Repayment Methods

To receive this type of loan, you will present a postdated check for the amount that you wish to borrow to the lender, plus fees and interest. The lender of your guaranteed bad credit loan will hold your postdated check for the agreed upon period of time, at which time you will return to pick up the check and pay the lender.

If you are dealing with an online lender, the check will most likely be deposited into your account on your next payday in lieu of you picking up the check. If you do not pick up the check or if you do not have adequate funds to cover the check when it is deposited, you might incur fees from both the lender and your bank - so be certain to have the money available for repayment.

Online lenders often offer these guaranteed bad credit loans at rates that are much more competitive than walk-in lenders, due to the number of competing lenders on the Internet. Applying online for your guaranteed bad credit loan is fast and easy, and you can have the money deposited directly into your checking account the same day.

2 comments:

Unknown said...

There was sudden and unexpected financial hardship in recent time that has actually necessitated bad credit loans. The economic downturn presented ugly financial situations that weren’t envisaged by many.
unsecured bad credit loan

ronnel sahagun said...

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