Life can be surprising, but not always pleasant. Sometimes it happens that there is a sudden need to have a certain amount of money, but it is impossible to take a loan from a bank. The reason may be, for example, the fact that it is Saturday or Sunday, and banks do not work on weekends. But this does not mean that a person in need of cash injection is in a lost position.
Lenders are always available and will allow you to borrow a specific amount of money even a few minutes after submitting the application. And it is not important on what day and at what time this application is submitted. There are lenders who consider payday loans seven days a week, including at night.
Of course, this form of obtaining a loan is subject to additional conditions, but the vast majority of applicants should meet them without difficulty. That is why the website of non-banking companies should be the first place we visit in an emergency.
Payday loans – when and how can you get them?
It should be remembered that 24h payday loans are not loans – the latter can only be granted by banks. However, these institutions do not operate around the clock, unlike non-banking companies.
But how is it possible that you can get a quick loan in just a few minutes? The reason for such rapid action is the automation of the application processing process and analysis of the information received by the program. Using widely available databases and credit history, you can check the customer’s credibility and the state of debt (or lack thereof). It is important whether the installments were repaid in a timely manner and that no additional liabilities arose.
A great help is having an online account in the bank, allowing you to quickly verify the history of expenses with the consent of the client, but this is not a prerequisite. As a rule, these loans amount to a relatively small amount, usually payable in 30 days, although offers for 60 or 90 days are no exception. Small amounts can be returned once at a specified time, and longer in installments.
Free loan – is it possible?
Non -bank companies offer payday loans online at a higher percentage than banks – that’s a fact. But many of them have an interesting promotion for new customers that is worth using. The first loan taken out in such a company is not interest-bearing. So we give back exactly the amount we borrowed. However, you need to meet several requirements to become a client of these institutions.
In addition to the obvious ones, such as coming of age (and in some cases reaching the age of 21), you should also have a clean account in the debtors’ databases. First of all, Credit Checker is checked, however, some companies search larger amounts of data.
It is also important to have an online account at the bank, so you can verify the identity of the person taking the loan for free. You can find out which of the non-banking companies meets our expectations by looking at the ranking of payday loans for USD 0. The first loan can usually amount to USD 3,500, although there are lenders offering larger amounts.
A quick loan – something for a loyal customer
As you can read above, the first customer can count on an attractive loan, but what about regular customers? A surprise was also prepared for them. For those who regularly pay installments, there are 5 loans for free – the Quick Cash loyalty program guarantees that you will receive an amount that will not be interest-bearing.
Thanks to this, the borrower repays exactly as much as he has borrowed. Of course, several conditions must be met – the loan will be as high as the previous one, and repayment should take place in one installment within two months. The advantage of this program is that it is not a one-time promotion – every fifth payday is received by the customer on the same preferential terms.
Therefore, not only the zero interest rate is beneficial, but also a relatively long time necessary to pay off liabilities. An interesting fact is that you can submit an application even by text. This can be of great importance for many clients of the program.