Loans and credit card bills can pile up before you know it. You may have needed extra money for certain life expenses, so the simple thing to do was to just put it on your credit card. However, debt can spiral out of control quickly. You kept applying for more credit cards, and as a result, more debt accumulated. Eventually, your credit score took a hit. Now bills that are due and you need money fast.
Does this scenario sound familiar? In cases like this, quick bad credit loans could be a good solution. Here at Selective Credit, we understand that even the most responsible people can fall into tough financial times. It is our mission to make finding an online loan solution as simple and straightforward as possible, so give us a call today.
Bad Credit? Not a Problem
You may be worried when applying for a loan because of your low credit score. People with bad credit often have problems getting approved but with these types of loans, no credit check is conducted so your bad credit will not be an issue. Fast & easy approvals are within reach, and you can typically receive anywhere from $200-$1200 in your account before the next business day is complete.
The Purpose of This Type of Loan
Fast loans with bad credit are meant to be temporary loans; they are short term loans that provide you with fast cash to make it until your next paycheck. The typical term is usually between two weeks to a month. In most cases, the amount due needs to be paid when you receive your next payday. However, exceptions will apply. If you cannot pay the full amount, many lenders will grant you an extension.
How to Apply
You might be wondering how to finance a loan with poor credit. At Selective Credit, applying for a quick bad credit loan is easy. Once you have found a lender you like, simply complete the online application. If approved, money will be directly deposited into your bank account within days or even hours. Then when your payment is due, most lenders will just automatically debit the amount you owe. If you cannot finance the loan when it is due, it is important that you contact the lender to make payment arrangements.
After you are approved, you will be presented with documents for you to look over. The lender is required to provide you with the interest rate and the fees that you will be charged. It is important to look over the information thoroughly to make sure you understand the terms of the loan – you want to know exactly what you are paying for. You do not want to apply for loans with bad credit if you cannot make the monthly payments.
Requirements for Fast Approvals
In order to be approved for our easy loans for bad credit, you need to be at least 18 years of age and a citizen of the United States. You need to have a valid checking or savings account, and you need to have a steady source of income. You will also need to provide banking account information and proof of your income. In addition, you will be asked some personal information such as your phone number, email address, and zip code.
Working With Us
There are numerous reasons as to why you might have bad credit and need a payday loan quickly. Maybe you have important medical bills or you might have lost your job. Whatever the reason, the lenders that offer fast cash loans for bad credit will not judge. They understand that difficult situations can arise. Therefore, they will work hard to provide you the cash you need so you can then get back on your feet.
When you have a bad credit score and need money fast, traditional loans are almost impossible to find, so you may need to resort to bad credit loans. Don’t stress! We can help you find quick loans for bad credit that will allow you to receive money into your account within hours.