Specifications for these online loans
- You must be over 18 years of age when you apply the payday loan online
- You must earn over £400 per month when applying for a payday loan
- You must have a valid UK bank account at the time of application
- You must be a UK resident - live in England Scotland or Wales
If you fulfil all the above criteria you can apply for a payday loan. The lending process for a payday loan is actually quite simple. You decide on how much you wish to borrow, you fill out a quick application form and then are given an instant notification on how much and when the loan will be deposited.
Payday loans guaranteed with bad credit means that you can apply even with a poor credit history. No longer do you have to be worried about past defaults on payments and simply decide on how much you can afford to borrow. This takes out a lot of the stress from borrowing money, a lot of people feel under pressure when going to see their banks or other financial institutions about borrowing. This is because their finances will be there under the microscope, often people do not have the best history with managing their money and this will be a crucial factor for a lot of banks in deciding whether to offer you a loan.
Uses of guaranteed payday loans
- Emergency car repairs, MOT or insurance payments
- Quarterly bills that are larger than expected
- When your finances are stretched to breaking point following the festive season
- When those credit card payments can no longer be put off
- To settle outstanding debts or you could use use it to buy that pair of shoes you have had your eye on
How do I apply?
- Find a reputable payday loan lender, study their website, familiarise yourself with the terms and conditions and decide on how much you wish to borrow.
- Make a quick application, this will take no longer than a few minutes, you will then be directed to your loan agreement page confirm the details of your loan and when you will repay and then just wait.
- You will not have to be waiting long, these loans are deposited often within one hour and they are guaranteed to be deposited within the same day.
So if you're finding it difficult and have finances that you feel can no longer be avoided or you simply do not have the cash for bills it's worth considering that guaranteed payday loans with no faxing of documents can be a source of immediate financial aid.
