People often ask us: can I get a Payday Loan, especially if I have some bad credit?
Payday type loans are still available to apply for and we have some links to lender and broker’s websites on this page for more information.
Payday loans can still be a good idea under some circumstances and they are a way of getting fast cash into your bank account quickly to sort out a financial problem or an emergency.
The original payday loans idea was when you borrowed up to 1,000 and you had a maximum of 30 days to pay back the full amount.
This normally coincided with your next pay day, which is how it got the name in the first place.
Unfortunately some people got into severe financial problems when they were unable to pay the full amount back on time and companies started adding all kinds of interest, charges and fess that blew the whole loan agreement out of proportion.
Thankfully there are now strict measures in place to safeguard borrowers from this happening again and all the lenders we advertise are approved and registered to treat customers in a much fairer way when you need to get a payday loan.
Where Can I Get a Payday Loan Online Today?
You can still get this type of payday loan, but there are now much better alternatives.
Instead of having the restriction of having to pay the full amount back that you borrowed just 1 month later, you can now spread the time required of paying back the amount.
So, instead of paying the full amount of the payday advance back in 1 month, you can choose instead to pay it back over 3 months, 6 months, 12 months or even 18 months.
This is good news for small fast cash loans borrowers, as it is more versatile, reduces the monthly payments, does away with all of those extra default charges and fees you would have paid if you couldn’t repay the full amount after only 1 month and it helps the affordability of the loan.
This is a great way to borrow money for an emergency expense or unforeseen bill or charge you may be faced with when you get a payday loan.
How To Get A Payday Loan Approved
The loans are now totally transparent and you will know the APR interest rate and the exact monthly payments, terms and conditions before you take out and get a payday loan in the first place.
The interest rate and all charges and fees that Lenders charge have all been capped by the Financial Conduct Authority which makes taking out that new payday loan even more affordable.
Just make sure you apply for payday loans through a company that is regulated.
So, when you ask yourself, can I get a Payday Loan online, then just click on the links on this page to get started.
The loan funds can be deposited into your bank account very quickly, especially if you apply before 12 noon on a week day.
This should guarantee that the funds will be received by you into your account the same day.
We hope you get a payday loan today after reading this article. Simply go to the top Menu and click on the various links.
Complete all the details on the form correctly and then submit for a decision.
You will normally get a loan decision online within 2 minutes after submitting your details and you can accept the loan offer online, if it meets your requirements.
See also payday loans guaranteed approval and payday loans quick.