Arrears in repayments, previous bankruptcy, and so on are always considered to be the bad sign for those who want to take out a loan. The problem is that banks don’t want to deal with personae that have a bad credit history.

That’s actually what stops people from getting  money. There was designed another type of a credit that can resolve financial issues of many desperate people. So and the credit  is called payday loans. Well, it can be really a lucky find for many persons. Good news is that this line of a credit doesn’t presuppose any credit checks.

So payday lenders are not interested in borrower’s credit score

The criteria are pretty simple. Credit user should be over 18 years old, a U.S. citizen, with a $1000 per month revenue. Also the borrower should demonstrate identity and occupation. Plus one optional criterion is to have a checking account.

Payday loans are small in size, no more than $ 1500. They should be paid until next paycheck, the total amount should be repaid. In some cases the lenders can give a hand to the borrowers and postpone pay-offs. But no credit check can’t be promised

What are  the cases when one can use payday loans? Actually, there are can be many situations such as medical bills, car accidents, purchases, something that is unplanned.

One more positive thing about payday loans is that the time from applying for the help to getting desired sum of money is pretty short. Everyone can apply and get the money overnight. There’s no need to go somewhere. You’re just sitting at home in front of your computer. Several clicks and you’ll solve your money problems. No troubles about credit score . No need to wait for your money for a long time.