subject: Direct Payday Loan Lenders - No Collateral Required Is A Plus [print this page] Author: Hector Milla Author: Hector Milla
Occasionally everyone needs a helping hand. If you could use some extra cash to pay your bills, a payday advance lender can help. However, many individuals are uncomfortable getting a cash advance loan if it requires them to leave collateral. Fortunately, there are a few ways you can get a cash advance without having to leave your car title with a lender. Natalia Osorio Editor of the "Direct Payday Loan Lenders" website -- http://www.DirectPaydayLoanLenders.org -- pointed out; If you successfully pass a credit check at some loan lenders, you will not be required to produce any collateral. Generally, if your credit score is at least 600 points you will be able to pass a credit check. If you are not sure what your numerical credit rating is, you can pay one of several different companies to provide you with that information. Alternatively, if you cannot afford to find out your credit score, you can simply apply for a small loan and see if you are approved. If you are, that is great. You have the money you need However, if you are not approved by a local loan lender who requires credit checks, do not worry. There is still another option you can try. Many payday cash lenders will give you a small loan if you can provide proof of employment. Usually, they require that you show your last pay stub. Your pay stub is basically the receipt attached to your payroll check. If your company pays you through direct deposit, you might need to obtain proof of that. If this is the case, talk to your employer about how you can get a copy of your pay stub. If you do not want to let your employer know that you need a payday loan, the loan lender might accept your most recent bank statement to prove that you do indeed receive regular paychecks. Policies vary by lender so check with them before you try to get a loan. You might need to call or visit several lenders before you find one that will make a loan without you providing some form of collateral. Once you find a business that agrees to lend you a cash advance, make sure that you can agree to their terms. Make sure that the interest rate seems reasonable. You should also make sure you read all the fine print. Make sure the cash advance staff explains your payment schedule as well as the consequences for defaulting on your loan N. Osorio added. Further information and instant approval payday loans regardless of your credit by visiting: http://www.DirectPaydayLoanLenders.orgAbout the Author:
Hector Milla runs his corporate website at http://www.OpsRegs.com where you can see all his articles and press releases.
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