Payday Loans and Fast Cash Guide | Guaranteed Payday Loans – Is There Such A Thing?

Guaranteed Payday Loans – Is There Such A Thing?

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You hear about guaranteed payday loans all the time, but is it really true?  How can payday loan lenders guarantee that you’ll be approved, or won’t have to fax anything, or they don’t use Teletrack?  There are some big claims that come with a payday cash loan, and in order to decipher which are true you’ll need to learn to filter their words.  No worries though, I’ll show you how.  We’ll take a look at the big three guarantees a bit closer you can know what they really mean.

You might be thinking that if a payday loan lender guarantees something that they have to deliver.  That isn’t always the case.  In many cases the “fine print” is what gets them out of guarantees.  It’s a lot like weight loss commercials that always have the disclaimer at the bottom that says “individual results may vary.”  They don’t have to do anything, so it’s much better that you know what to look for now, than to be disappointed later on.

Guaranteed Approval Payday Loans

You can read this claim as “[if you qualify] we have guaranteed payday loans.”

No instant payday loans are going to be approved every single time.  If you look at this claim it could also mean that if you don’t have a job you can qualify!

Take this claim as to mean that if you meet the most basic requirements for a cash advance loan, you’ll be placed with payday loan lenders that will approve you in your situation.  These lenders do have a much higher approval rating, but generally lend less money.

Guaranteed No Fax Payday Loan

I’ve seen this claim on some ads and am not sure if it’s meant to say that they guarantee that you won’t have to fax anything, or if you’re guaranteed approval.  I’m going to assume that it’s the first one, and they’re saying that you’re not going to have to fax anything at all.

This is a very valid claim.

With many of the technological advancements that have happened in the last few years, especially with security, faxing payday loan applications is nearly obsolete.  If you interpret this the same as I do, you’ve found an easy payday loan online.

Guaranteed Payday Loans For Bad Credit

Don’t forget that payday loans don’t use credit checks, so your credit score is irrelevant to your loan.  This means that good credit, bad credit, or terrible credit can get a loan.  Many payday lenders will use a service by a company called Teletrack to check out your recent banking history to make sure that you haven’t written bad checks, already have outstanding loans, or frequently overdraft your checking account.  There are no Teletrack payday loans available, and are usually found online or at small lenders in your city.

Free Payday Loans

If you write enough about payday loans (or use them often enough) you’re bound to come across a company that offers free payday loans.  I’m sure at some point during your life someone told you that nothing in life is free, and this is certainly one of those cases.  The closest thing to free that I’ve seen with a payday loan is the first loan is free, but this is hard to find.

These claims are usually pretty risky.

There is a payday lender that offers free first loans, but forces you to agree to an extension to get the first one free.  That’s a shady move, and should be avoided if you see anything like that.

There absolutely are guaranteed payday loans, but their guarantees are very thin.  Do the right thing and check out multiple lenders online and in your town to find the one that is the best fit for you and your situation.  After you find one you like, stick with them.  It makes your life and payday lending much easier.

Thanks for reading,

Lydia

Related posts:

1. Guaranteed Bad Credit Loans
2. No Teletrack Payday Loans
3. Easy Payday Loans
4. Instant Approval Payday Loans Help In A Pinch
5. Are Bad Credit Payday Loans Available?
6. Where To Find 1 Hour Payday Loans
7. Free Payday Loans, Are There Such A Thing?
8. Same Day Payday Loans
9. Get Fast Cash With Same Day Loans
10. How Do Payday Loans Work?

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