subject: Same Day Cash : Prompt Access To Urgent Monetary Help [print this page] Make sure that a loan comes in your hands quickly when you need it for urgent purposes. Any delayed approval may not serve the purpose. Same day cash are the products that you can take out in the same day on certain terms-conditions of the lenders. Usually, the approved cash amount is available in the borrowers bank checking account within 24 hours.
But a pre-requisite of these types of urgent loans is that the applicants should carry the current job for past six months at least. They should also be having a valid and active bank account and only the people aged 18 years or above are eligible for the loan.
Same day cash offers you 100 to 1500. Such small cash is given for two weeks, with the repayment date being your next payday. Then, you can rollover the loan for a month and even more as long as you are paying the interest charges. Usually, a post-dated cheque from the borrower can secure the loan for the lenders.
As far as your past CCJs, late payments and payment defaults are a concern, you can borrow the cash without any credit checks made by the lenders on you. In fact, the lenders will not pull out your credit report and you do not have to tell the lender anything about your troubled credit record.
However, such fast cash comes with a price of high APR. Such a high interest charges can sometime burdensome on next paycheque, especially when you repay in a month as interest payments accumulate.
So, it is advisable that you should first scan online offers of such loans so that you are able to find out competitive interest rates. Repay the same day cash on the due date without any delay in the payment. Borrow the loan only when you need it for urgent purposes.
by: Angela Alderton
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