Saturday 19 January 2013

Payday Loans for Bad Credit


It is really a disgraceful condition if you have poor credit scores in your credit account. Even with poor credit facts including defaults, foreclosure, late payments, skipping of installments, foreclosure, missed payments, CCJs, IVA, due payments etc are also allowed to enjoy payday loans for bad credit without worrying about your poor credit scores.

You can apply for a small loan ranging from $100 to $1000 in payday loans for bad credit without completing the collateral requirement. You have to pay the amount back within a time period of 14 to 31 days. You can also extend the term as per your convenience paying the certain fees to the lender. The finance can be used for covering up various expenses like credit card payments, child’s school or tuition fees, grocery bills, electricity bills, medical bills and so on.

Before applying for these credits you need to be a permanent resident of United State above 18 years of age and you have a fulltime employee with steady income of at least $1000 per month and also you have a valid active checking account. After following these pre requisites you have to complete a simple a simple online application form with some required details and then submit it. After a while, the money is transferred directly into your active bank account round the clock.