Are guaranteed bad credit personal loans for real? Yes, they are real and just about anyone get one, even if you have very bad credit or have past bankruptcy, you can get the cash you need, quickly if you can answer yes to the following questions.
Do you have a steady income of over $1,000 per month? Can you prove this income for the last three months? Are you free from any bankruptcy proceedings (don't worry about any past discharged bankruptcy)? Do you have a current and non-delinquent checking account? And, are you over eighteen years of age?
If you've answered yes to all of the above then you can get a bad credit guaranteed personal loan.
These types of loans are also called payday loans. They've been designed to advance anyone who needs money urgently the cash they need. Let's face it; those with bad credit often need an urgent loan more than those with a perfect credit score. Well, these loans can be a really useful financial tool for people with bad credit.
But, before you apply you should have an understanding of how a guaranteed personal loan for people with bad credit works.
The most important point - one that is a great relief for most - is that NO credit check is carried out. This is really an important point to remember. Any credit check affects your credit rating, so if you already have bad credit you can rest assured that getting a payday loan isn't going to harm your financial health.
Secondly, no co-signer is needed. No one will have to pick up the tab should you not be able to repay the loan.
Thirdly, no collateral is needed, either on your home or car; they're safe and can't be taken from you in case you can't make the repayments.
Now you know the conditions of approval, you should also be aware that if you apply online, approval is almost instant. And, you will receive the money straight into your checking account within 24 hours.
Repayment is usually in full when you next get paid and is automatically taken out from your account. Many lenders can offer alternative repayment plans, so don't be afraid to ask.
That's pretty much it. Online application is a very straightforward matter: within a couple of minutes you can be approved and know the money is on its way.
One final word: if you have any doubts about the lender, you can ask for consumer reports from third party organizations or go and enquire from your state's Attorney General, they'll be able to inform you if the lender has had any complaints against them.
So, still think that guaranteed bad credit personal loans are a myth or that your bad credit will prevent you from getting one? Just, follow the links, apply and just see how easy and quickly you can get a guaranteed personal loan .