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1 Blue Trust Loans
2 Check City
3 Check into Cash
4 BadCreditLoans
5 Trusted Payday
6 payoff
7 FreedomPlus

 

 



 

 



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Personal Loan Tips

What is a personal Loan?
Ways to eliminate debt with a personal loan.
Uses for personal loan.
Personal loans for bad credit.
Read lots of persobal loan tips » » »

Who Can Not Get A Payday Loan

Who Can't Get A Payday Loan?
Payday loans should definitely be used as a last resort,and they are suited for people who need a reasonably small amount of money in a short period of time. Many of those who apply for a payday loan also have bad credit. Fees associated with these fast cash loans are exorbitant, translating into annual interest rates of 200 percent or
higher - usually much higher! They are also rather easy to get for most people who are employed full time or near full time. Not all people, however, who apply for a payday
loan are approved. The following are some of the more common reasons that people are denied payday loans:

Some people who apply for a payday loan are disapproved because they don't meet the minimum income requirements. Even the most flexible payday lenders cannot loan money to someone who grosses less than about $800 per month. Anyone working at the federal minimum wage full time would easily meet this requirement.

Someone who is self employed will find it more difficult to get a payday loan. Many lenders will not accept self employed income as security for a payday loan. Those
lenders who do will require you to provide a certain number of bank statements to verify your income.

An almost universal requirement to get a payday loan is that the applicant have a bank account. A typical payday loan is due to be repaid on either your next payday or the following payday. The money is deducted from your bank account on the agreed upon date. If you have no bank account, the lender will not have a way to accept your
payment.

Click Here To Read Lots Of Other Interesting Personal Loan Tips


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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