Why a Payday Loan is the Best Type of Loan to Have

According to data from Deutsche Bank, as of April 2010, 1/4th of Americans have a FICO credit rating of less than 600. A person with a score of 600 or less is considered a “subprime” borrower—or for lack of a better word, “the least creditworthy.” So what happens when a subprime borrower needs a loan? Unfortunately, they won’t find any help at their local bank. Subprime borrowers come to us—a payday loan won’t only help them get a short-term loan, but it can also help improve their credit score.

Bad Credit, No Credit is Ok with a Payday Loan

A payday loan is a cash advance against a borrower’s paycheck. Once you’ve been approved, your direct lender will give you the money you need now. Once your employer pays you, you’ll pay back your lender the amount you borrower plus a small fee. If you pay on time, you can actually increase your credit score. A higher score gives you a better chance of being able to pay for a large purchase like a mortgage or a car in the future.

Apply for a Payday Loan Today

Applying for a payday loan is quick and easy. You can be approved in less than 5 minutes! Our lenders’ only requirements include:
• A borrower must be employed
• A borrower must be 18 or older
• A borrower must have a bank account

If you meet the above requirements, you can get money now, no matter what your credit situation looks like. Click above or on the star on the right to apply now.

by “Ron White“