Facts about guranteed personal loans
and paydayloans

Guranteed personal loans come in a variety of flavors - funding for debt consolidation, financing for purchasing specific products, and lots more. However, here we basically mean payday loan or cash advance, when we refer to personal loans. Paydayloans are extensively used and are advances against your pay check, meant to tide over a temporary cash shortfall till your next pay day. Most companies allow you to roll over such borrowings for a further period, but this increases your costs significantly.

Because of the nature of the advance, guranteed personal loans are often available for people with bad credit as well. In fact, many payday loan providers do not run credit checks at all. Of course, they do have other criteria which you must meet, like being a permanent resident in the US, having a job for at least 90 days or more, earning a minimum take home pay per month (usually around $ 1000), etc. But their approval rates are typically quite high, with some providers advertising that 92% of applicants have been approved.

The flip side is obviously that the costs for such advances are high. Guaranteed personal loans may cost anywhere from $ 10 - $ 25 per $ 100 borrowed per week. That translates into an APR (Annual Percentage Rate) of at least 521%! This is partly because of the higher level of risk involved. However, even accounting for the higher risk levels, the APRs are still high, and payday loan operations and very profitable.

If you want guaranteed personal loans, think of the cost as a trade-off for the availability of funds even if your credit is bad. Plus, of course, there is the convenience, speed and confidentiality that are usually present in payday loan transactions. Still, it is a high price to pay, and you would most likely be better off if you made use of other options instead of payday cash advances.

If there is a real emergency and you absolutely need additional cash with no delays, then banking on guranteed personal loans might be justified. But in the end, there is no substitute for managing your finances prudently and ensuring that you never need payday loans in the first place. You can get help from various consumer credit counseling and other similar agencies, often at a nominal cost or for free.

You can get cash in your account in one hour
If you're taking a cash advance, you probably want cash right now, without delays. That's why we recommend a company called We Give Cash. They'll wire you money in one hour. (That's during office hours; if you apply in the evening, you could get cash early next morning). They offer an excellent combination of fast response and relatively low costs. Do check them out. Click Here to get a $500 cash advance wired to you in one hour.

Payday loans at zero cost!
Here's an innovative company (MyPaydayLoan) that will give you cash advances -- at ZERO cost, if you're a first-time customer. You can borrow up to $300 initially, there's no faxing required and poor credit is not an issue with them. Since they agree to waive  your fees entirely (first-time customers only), we recommend using them if you're sure that you can repay the on the first due date.

Please note that payday-cashadvances.net does not provide finance of any kind. We basically provide information about payday loans that may help you make better decisions. Be sure to review the terms of use for this site.