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Short-term Loans are Expensive Posted in payday loans | Comments Off Do you just need a small advance against your pay to tide you over? 4. No long waiting for approval of your loans
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Qualifying for a payday loan is relatively quick and easy because of the minimal requirements needed. Lenders usually only require borrowers to have an open checking account, identification, and proof of employment or source of steady income (usually proven by showing previous pay stubs). Credit reports are not required to qualify for a loan, making it easier for those with bad credit to borrow money. In J.D. Power and Associates 2014 U.S. Primary Mortgage Origination Satisfaction Study released on November 13th, Quicken has the highest score…and has for the last 5 years. We at UK Same Day Loans provide quick loan deals to UK nationals who are in need of quick money. There is no restriction regarding the use of the loan. Most people use it for whatever pleases them such as going out with family or friends, paying for repair expenses, paying utility bills and paying for emergencies among others. Lending companies perhaps don’t ask about what the money could be used for and if they do, then it’s a very rare occurrence. You have the freedom to use the loan for whatever you want.
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