FAST PAYDAY LOANS UP TO $1,000
Getting a loan at any American bank is not too difficult. But first, you have to go through a verification procedure, which is sometimes called undertaking. Since the American banking system is currently recovering from the global financial crisis, such checks are carried out with particular care.
For example, if a borrower wants to purchase household goods on credit, the processing of their personal data will probably be carried out manually by a bank employee.
It can last for a week or even longer, meaning borrowing a loan from the bank is slow and totally useless in an emergency.
A couple of years ago, computer programs that used the data of potential borrowers calculated scores for would-be borrowers based on the customer’s gender, age, position, total income, and so on, then summarized all the data and automatically determined the probability of the money being returned. This is called scoring.
Scoring was often used by the American banking system, but it soon became apparent that in the face of economic instability, this approach did not work.
For example, in 2008, even bank workers at Lehman Brothers with good credit ratings only had boxes with stationary to carry and often lost their jobs. Computer-based ratings do not work in real life.
One day, someone can have a reliable income, but the next day the market situation can change, and the borrower might not be able to repay the loan. There no need to go back to 2008, given that in 2020, due to COVID-19, many businesses were left with no income. For the aforementioned reasons, banks became stricter with scoring, checking one’s situation very carefully. If a borrower already has a bad rating, there is a high chance of being rejected (99,99%).
Indeed, if you want to get a positive answer when taking a bank loan, it may be necessary to collect a lot of documents. You must provide an income statement and a copy of your workbook, certified by your employer.
You also have to provide your house book and real estate notes (to confirm that you live where you live). Seems boring. There is no need to waste paper if you can just apply online and get payday loans from our direct lenders.
Still not sure about the bank?
Let’s take a closer look at banking system:
In banks, each of the documents submitted is carefully checked by bank specialists for authenticity. Each aspect of the borrower economic situation indicated in the questionnaire, and including the real value of declared wages, is checked extremely carefully.
Besides, the financial solvency of a potential client is established – whether they own cars or not, if they have deposits with other banks, what jewelry they might have if they have any expensive household appliances, and other unencumbered assets, as well as additional sources of income. To assess the items listed, an appraisal can be conducted.
If it is necessary for the loan specialist, then he conducts a personal interview with the loan borrower. Based on what they think of the borrower, a bank specialist may determine whether they think the borrower is trustworthy or not.
The other problem people commonly face in America is prejudice, especially racism. Whether we hate it or not, some specialists might judge us on what we look like.
Now, compare this with how our service works. We ask for very few documents for the payday loan, and the application only takes five minutes, we do not look at your credit rating, personal needs, and why you need payday loans. In short, we provide a loan from our direct lenders as soon as possible.
Over the years, most people have become quite familiar with the loan and credit system, which is regulated by banks. Even though it is quite a complicated and lengthy procedure to get a loan from a bank, people still consider banks to be stable and reliable financial institutions that have existed in the market for a long time and verified many borrowers.
Payday loans were created even earlier than the bank system. As we currently use mostly online payday loans, people feel confused and insecure as they do not know who their direct lenders are.
Nowadays, the market is full of mortgage brokers and direct lenders. Each and every one of them have different purposes and goals. A direct lender, to put it simply, is a financial institution that offers loans and mortgages.
If you apply for loans from direct lenders, you may apply to more than one lender. It is like applying for a college: try all the ones that you are interested in, to increase your chances of getting in.
Dealing with direct lenders is faster as if any question comes up, it can be solved quickly. Also, you do not have to spend additional money on brokers.
We are a direct lender offering payday loans in the U.S.A. We provide loans directly to our customers without involving brokers or any other third party. When a borrower applies through our payday loans direct lender service, they receive incredibly quick access to money when needed.
If we are not able to lend to you because of some conditions, we are still able to help you! We also work as a broker, meaning we can connect you to any other alternative lenders. In addition, we do not charge any fees when we act on the customer’s behalf.
Our customer service team is one of the best in the U.S.A. due to our skill and extreme patience! At our direct lenders’ service, our borrowers are our best friends. That is why we work so hard to connect you to a creditor who satisfies your conditions.
We always protect borrowers, so if a client needs a larger amount of money, we will consult them, look at their financial situation and offer a plan, for example, payments in installments. Our service looks at our client’s ability to pay the loan: if it is hard or not possible, we make a plan.
You know that you are dealing with payday loans provided by direct ethical lenders if they are registered, licensed, and provide only clear and easy to understand information.
When you are looking for a payday loan, please check:
Even if you have financial problems and cannot repay on time, our payday loans direct service offers alternative conditions.
Whether you urgently need money or not, we can guarantee that we will put you in contact with the best and most trustworthy direct lenders in our payday loan service. Also, our clients receive a free consultation from our professional team in accordance to their situation, not the situation of others.
Stop stressing about financial issues. You are in the right place! Apply now and get the most suitable conditions according to your needs.
We promise to support you throughout the process and explain all the terms and conditions in a straightforward and clear manner. The direct lenders we offer have the best reputation in the payday loan direct lenders sector. Still have doubts? Call us to check our service out!
As we mentioned, we are a responsible lender for any customer. Even if it is hard, we do our best to connect you to a lender despite your credit. We do not take any additional fees for difficult cases as our job is to provide money directly, rather than work out if you need the money or not.
If you cannot repay the entire loan on time, you should use our service to extend the loan term. This is an option in almost all payday loan companies. You only have to pay interest and choose the extension period on your account on the website where you took the loan. The amount you have to pay depends on the size of your debt.
Cash is sent to the client immediately after the agreement is finalized. But the time taken for the money to arrive depends on the chosen method of obtaining a loan.
No. A new agreement can be concluded only on the day after the repayment of the current one.
No. Our relationships with clients are entirely based on trust. Therefore, we do not require a guarantor or collateral for a loan.