Fair Payday Lending

Posted on Tuesday, September 14th, 2010 at 1:28 pm in Helpful Payday Loan Info, Miscellaneous Cash Loan Info

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

A large percentage of American consumers have few options when it comes to available credit, and they’re not the people you might think. Middle-class families and individuals have felt the effects of economic recession take a toll on their credit scores, limiting their access to credit and bank loans. If your credit score is suffering and you need fast cash before payday, payday loans from online lenders can wire cash to your account in 1 hour even with bad credit.

Payday loans are a fast and affordable way to borrow cash with bad credit. Banks and credit card companies typically ignore consumers with bad credit as they sometimes pose a greater risk of defaulting on payments. Online payday loans are short-term credit borrowed until your next payday and paid in full then, so approval is based on your monthly income, not your credit score. There’s no credit check required to qualify for instant payday loans online.

A typical payday loan has interest rates around 15%, depending on your lender and state laws. The annual percentage rate is usually between 300% and 500%, depending on how long you stretch your payments out. Instant payday loans do have a higher APR than bank loans or credit cards due to the higher lending risk of bad credit cash loans. For consumers with few other options who have been shut out by bank lenders, payday loan APRs are considerably lower than bank overdraft fees or late fees on their monthly bills. The average bank overdraft APR is over 4,500%, while late payments further damage your credit score and carry APRs up to 1,000% or more.

Join the millions of deserving Americans who choose online payday loans as their credit and banking alternative every year. For cash wired in 1 hour with instant approval when you need it most, find a licensed payday lender online and get the cash you need today!

When looking for companies with money to loan for bad credit research on payday loans could be beneficial.

Related posts:

  1. Alternative Lending
  2. Affordable Cash Loans Online
  3. Cash Advances & Credit Choice
  4. Are Payday Loans Fair?
  5. Get the Experience of Payday Lending

3 Easy Steps to Get Your Quick Cash


Complete the short form.


Receive your approval and confirm loan.


Cash deposited into your account.