Guaranteed Instant Decision Payday Loans

Guaranteed Instant Decision on Approval No Matter What

Let's say that your car breaks down or your plumbing springs a leak. If insurance won't cover the cost of a repair, what will you do? If you're like most people, you probably don't have the funds sitting in your bank account to splurge on a sudden expense. Instead of panicking, consider taking out a payday loan with a guaranteed instant decision on loan approval no matter what credit you have.

A guaranteed payday loan is a type of short-term borrowing where the lender agrees to provide you with a loan, regardless of your credit score or financial history. In other words, even if you have bad credit or no credit, you can still qualify for a loan. Unfortunately, there is no such thing as a guaranteed payday loan.

If you need immediate financing and can't go through a bank, LendUP.com is here to help.

Is There Such Thing as a Guaranteed Loan?

The term “guaranteed loan” is a bit of a misnomer. In the lending industry, there's no such thing as a 100% guaranteed loan but there are plenty of options that offer pre-approval for individuals with less-than-stellar credit scores.

Be aware, though, the lenders take into consideration your employment status and income. After all, a payday loan is only meant to cover your emergency expenses until payday.

Do I Need Good Credit to Qualify?

Most of our lenders do not require customers to have a long credit history or outstanding credit score to qualify for a guaranteed instant decision payday loan. In fact, most also run no hard credit checks when evaluating your loan application. They understand that many people use our services out of necessity when they are unable to get approval from a bank.

To start with you loan requrest, LendUP.com would need your personal information, which will be passed to our selection of lenders for evaluation. Be aware, that some lender still might do a hard credit check on you and that can decrease your credit score by a few points.

Additionally, the lender will ask for verification of your employment status and income in the form of a bank statement or your last two pay stubs.

How Quickly Will I Have to Repay the Loan?

Typically, a payday loan must be repaid within two weeks no matter what, or on your next payday. However, sometimes things come up and you may not always have the funds available when your loan is due. If this is the case, you should be able to sort this out with your lender to create a repayment schedule that suits your budget.

What Are the Fees and Interest Rates for a Payday Loan?

The fees and interest rates for a guaranteed instant decision on approval payday loan will vary depending on the amount you request but these are typically higher than what you would expect from a bank. Payday loans do not require a collateral to backup the loan, so the risks for the lenders are higher, thus higher overall loan costs.

What Are the Requirements for a so called "Guaranteed Payday Loan"?

The requirements for a payday loan are fairly simple. You must be 18 years of age or older, have a steady source of income, and have an active checking account. The lender will also also ask that you verify your address and bank information before they process your deposit. Additionally, it is not possible to issue "guaranteed loans" to members of the United States Armed Forces or their dependents under federal law.

The loan application is straightforward and can be completed from our homepage within 5 minutes. As soon as we receive your information, we can process the request and one of the lender will get in touch with you shortly after. If you then agree to the terms of the agreement, the direct lender will deposit the funds into your bank account within 24 hours during banking days.