A fast cash advance payday loan is the ideal way to borrow money with bad credit as there are no credit checks at any stage of the application process. Payday loan lenders offer a short term cash loan for up to a month or until the customer is paid. It is possible to borrow up to $1,000 for any purpose, including fixing the car in order to get to work, paying for a cheap foreign holiday in the sales or even getting some emergency dental work done.
Fast or express loans are designed to help customers out of a short term financial hole, such as repairing a broken car so they can get to work. The bulk of customers have already been declined by the banks so guaranteed payday loans uk for bad credit are often the last port of call. Provided that the eligibility criteria are complied with, all that the customer needs to do is provide the payday lender with a postdated check for the principal and any interest that will accrue. The advance won't be provided in cash, but will instead be transferred directly to the customer's checking account.