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The good thing about payday loans, however, is the fact that hardly any lenders fully check your credit history, so it doesnât really matter if you have no credit or bad credit because you still stand aÂ good chance of getting approved for a loan you need. No credit check is a problem solver in case an emergency situation occurs when money is required fast and one has no credit or bad credit and simply has no time to work on building up hi credit history. Payday lenders do not ask awkward questions as well as they do not require collateral or a co-signer but provide instant payday loans on the same day of application in most cases. They are also relatively fast and convenient. What is more, they are available 24/7 including weekends and holidays. Nonetheless, payday loans are short-term and small-dollar loans with high interest rates and finance charges. Thus, payday loans are for people who are absolutely certain they will afford to pay the loan back when it is due. first cash advance chicago ave Money Market Mutual Funds Another thing they do not tell you is they do run your credit which is a hard hit when you can go to the bank & get a loan with a better interest rate or if you need a short term loan but credit is not great than a p****y loan is cheaper than companys like great plains lending!
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