It’ early in the week and the air conditioning in your home is not working. You call out the HVAC service and learn it’s going to cost $350 to get it fixed. However, there’s only one problem, you don’t get paid for another week and two days. What can you do? You may have several options but you need money fast and you don’t have a lot of time to wait, because it is terribly hot outside. This could be a good time to consider instant online payday loans and here are several reasons why.
What is a Payday Loan?
This kind of loan is sometimes referred to as a “cash advance” loan. You borrow the money and repay it with your next paycheck. The process is very fast and simple, because it’s taken care of online and in the comfort of your home. You may need to fax in a signature or proof of employment but this can be done from home or from one of many local copying services.
Applying for instant online payday loans is very simple and all you have to do is fill out an online form with the required information. This should only take a few minutes of your time and you can usually receive a response with an hour or so, depending on when you apply.
Getting your money is very convenient because it is direct deposited into your checking account. This is why the system is so fast. In fact, you can usually have your money by the next business day. You do not have to go anywhere or wait for a check to arrive in the mail. Plus, there is no need to wait for days until a check clears the bank, because there are no checks.
Qualifying for a loan is not very difficult and most people should have no problems. You only need to have a job for six months ($1500 monthly income or more), checking account with direct deposit, be 18 years of age and a work telephone number. That is about all you need to qualify.
No Credit Checks
One of the best things about instant online payday loans is there are no credit checks. Maybe you have filed for bankruptcy recently. You might have lost a home in foreclosure or had several late payments with creditors. None of this matters because your lender is not interested in your past credit history. You can have the money you need fast, and solve many of life’s problems.
If you would like to see how instant online payday loans work, come to Hot Payday. We offer fast and easy loans with no credit checks or hassles. Visit us online today at http://www.hotpayday.com/ for more details.
