No, guaranteed payday loans do NOT really exist. However, even though there is no such thing as guaranteed payday loans, many people can get a loan even if they have poor credit and no available alternative options like credit cards, strong credit to get a traditional loan, family or friends that can help, and so on.
'Guaranteed payday loans no matter what' do not exist as all lenders must manage their lending risk and cannot approve every loan request. Payday loans can be available to people with poor or bad credit. For many payday loans, the primary criteria that you must meet is that you can pay back the loan on your next payday. Most approved loans are deposited directly into your bank account the next business day.
No matter the criteria a lender uses for payday loans, there is no such thing as a guaranteed payday loan no matter what.
You can apply for payday loans online and get the money you need right by clicking on the ‘Get Started Now’ button, completing a 1-3 minute short and secure application. Our lenders do not perform “hard credit checks,” so applying here at CashOne does not affect your credit score. Our lenders have provided tens of thousands of loans to people with low or even bad credit scores. Our lenders work directly with you but do not guarantee your loan request approval.
The most crucial factor for gaining approval of a payday loan is your income source and how much you receive each month or what you will be receiving in the coming weeks. This is the best indicator of your ability to repay your loan. In most states, you must have a minimum income of $1,000 a month.
Every state has its’ own regulations governing payday loans or cash advance loans of any kind. Some states do not even allow them. You can check what is allowed in your state by visiting your state website.
In general, you should:
Active military persons are not eligible for payday loans in any state, and there are a few states that do not allow payday loans of any kind.
You should also know that if you applied for a payday loan previously and made your payment when agreed upon, it will increase your chances of approval for any future loans. Paying back your payday loan on-time may also make you eligible for a larger loan amount, an installment loan, and/or lower fees for a new loan.
To get a bad credit payday loan, you just need to start the process by completing our loan request form. Once you complete your loan application, you need to click on the ‘Submit’ button to finish the process from your end. The entire process is easy, fast, and safe, usually takes 1-3 minutes to complete.
If approved, you are connected directly to the lender wishing to lend to you. Approval is not guaranteed, but more than 80% of those requesting a payday loan are approved even if you have bad credit. Once connected, you can ask your lender any questions, and you are not obligated to accept a loan offer if you are not comfortable with the terms and conditions of your loan as presented by the lender (which they are required to do).
No, there is no form of guaranteed payday loans for bad credit. The credit condition of an applicant is not the reason for this. It is simply that not all loan requests are approved, and there are many possible reasons a request may be rejected.
Well, as noted above, bad credit payday loans from direct lenders absolutely exist and are quite common. What is not true is that there is no form of guaranteed approval. This is misleading even though many people search for such a loan. Know that your odds are good for approval but definitely not guaranteed!
No online payday loans have guaranteed approval. The only guarantee that can be provided is that your loan request will be processed, and you will get an answer quickly. If accepted, you will be connected to your lender within seconds of submission of a loan request.
Payday loan lenders do not need to do hard credit checks with the big credit bureaus. The reason is they have found that the best indicator of loan repayment is your recent and short-term upcoming income. Credit scores do not play a part. Most people requesting a no credit check payday loan have poor or bad credit, so checking credit is not valuable.
It is possible, but it is not common to provide same day funding for an approved loan. Remember, there are no guaranteed payday loans. To get same day funding, you will need to apply on a weekday (non-holiday) and do so very early in the day. This will not guarantee same day funding but will increase the chance your lender will be able to do it. If you do not apply early on a weekday, you cannot get same day funding.
No faxing is a standard in the industry. You can request a loan from your smartphone online in just minutes and get an answer fast. However, there is no such thing as a guaranteed approval payday loan. No direct, licensed lender will ever guarantee approval. The good news is that our success rate averages over 80% of all bad credit loan requests we receive. Avoid working with anyone promising guaranteed approval of loans as this is both misleading and potentially fraudulent.
You can get a payday loan at CashOne, but there are no guarantees your requests will be approved. As noted above, our network of direct payday lenders accepts more than 80% of loan requests, but there are no guarantees.
Note: There is no ‘guaranteed’ approval of any loan request, including payday loans, but even if you have bad credit, you can apply here by clicking on the ‘Get Started Now’ button and, if approved, get the cash as soon as the next business day.