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Thursday, February 5, 2009

Get a Guaranteed Approval Payday Loan - Almost Everyone is Approved

Could you breathe a sigh of relief if you knew that it's guaranteed that you can borrow the money you needed if an emergency comes up? Well, getting a guaranteed approval payday loan is not that hard using the Internet.
And, if your credit record isn't good, there are no credit check payday loans where the financial institution that lends you the money does not check your credit. Now people no longer have to wait in a long line at a neighborhood lender. They can get their loan approved within minutes online and have the cash in their account within 24 hours.
Being able to get guaranteed approval payday loans can be a big help when you want cash now to get you out of a sticky situation.
How to Apply for a Guaranteed Approval Payday Loan
It's very easy to apply online.
- All you have to do is take a couple of minutes to fill in an application at the lender's website.
- Most lenders only require that you fill in your name, address, phone number, your employer's address and phone number, and your banking information.
Nowadays most lenders don't require anything else, although some do need you to fax over copies of your drivers license, phone or electric bill, and paycheck stubs.
After you are approved the money is electronically deposited into your bank account - usually the same day.
When Do You Repay Your Payday Loan?
Most lenders require you to pay back your loan on your next paycheck.
- They usually give you 14 to 21 days to pay it back.
- If the due date comes up and you can't pay it all back you can submit an application to extend your loan.
The fees and interest rates for payday loans are high. That's why most people use them only in an emergency.
However, if you need $100 to $1500 when times are tough, isn't it good to know that guaranteed approval payday loans are there for you?

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