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Who Will Give Me A $1500 Payday Loan With No Credit Check?

By Edited Nov 13, 2013 0 0

No Telecheck Payday Loans For $1500

So you want to know "Who Will Give Me A $1,500 Payday Loan Without A Credit Check?"  That answer is quite simple-there are many lenders who will give you a $1500 payday loan without a credit check. With payday loans, credit checks are as pertinent as with larger loans especially since the requirements for getting a payday loans usually only include have a steady source of income, and being over a certain age.  There are even payday loans for people who are unemployed, getting benefits and people who don't have a bank account.  Payday loan monies usually come with high interest rates but if you really need money between paychecks and without a credit check, then a payday loan would be your best option.


I Have Bad Credit So Why Would Anyone Lend Me Money And Not Check My Credit?

Well, simply because this is their business.  This economy has produced a society where people cannot afford to make ends meet and are living pay check to paycheck.  This is why the payday loans are so popular.  It gets you just enough money to get you through to the next paycheck where you can pay them back. 

Payday loans sometimes have bad reputation for two reasons. People who are not in need of payday loans talk badly about them-well, because they don't need them.  People who enough money so they can pay their debt and buy food or pay rent don't understand the need for payday loans or other types of quick cash loans with high interest rates that help people get by.

People who live in poor communities are used to seeing the payday loan shops in their neighborhoods so it's not a big thing for them. However, those who do not know what it's like to need emergency cash until your next paycheck are always quick to criticise until they are put in a situation where they can have better understanding.


Stay Off the Payday Loan Cycle

Payday loans also have a bad reputation because sometimes people misuse them, causing what is called a "payday loan cycle."  The point of the payday loan is to get you over a hump until your next paycheck or until you can get the cash to pay it back.  Payday loans are short-term loans so the pay back period is usually weeks or months instead of years. However, some people get behind and use the payday cash they borrowed for other purposes or they might not have enough money when everything has been paid to pay the payment of the payday loan.  This starts a vicious payday loan cycle where the person now has to take out another payday loan to pay for the previous one.  If not checked in time, you can dig yourself into a very deep payday loan hole that could cause you more financial problems in the long run. 

So just because you have bad credit, does not mean you can't get a quick cash loan, when you need it to get you out of a jam. Your responsibility is to make sure you don't over extend yourself and don't get caught in a vicious loan cycle.


So Who Will Give Me A Payday Loan Without A Credit Check?

There are a few types of payday loans that you can take out without having to go through a credit check. They usually don't require any documentation other than the the normal information you would need to while filling out a payday loan application.  Such things you might need include:

  • Driver's license (Some form of legitimate identification to prove you age)
  • Pay stubs (proof of income)
  • Address and other contact information

However, when you apply for a payday loan that doesn't require a credit check, you usually don't have to include information about your credit or credit history which includes giving out your social security number.


No Telecheck Payday Loans

Payday loan lenders and financial institutions use Telecheck to check into a borrower's financial background.  In essence it checks your credit and other dealings with financial and lending institutions.  When you apply for a no Telecheck payday loan you get to keep your financial history from being exposed.  So your credit history whether good or bad stays private.

Nofax Payday Loans/ Savings Account Payday Loans

Nofax and savings account payday loans work on the same premise.  You don't have to fill out any documents to get the payday loan you need. 

No-fax payday loan companies, Savings account or signature payday loan companies and no Telecheck payday loan companies are all over the internet.  You can get one of these loans very quickly so you can go about taking care of your business.  You can also use companies that are a marketplace for payday loan lenders such as Payday Panda.

PayDay Panda is not the pay day loan company itself, instead, it acts as a go between between you and the lending companies.  It matches you with over 60 pay day loan lenders who can give you instant approval for $500 up to $1000 the same day.  If you need money for car repairs, groceries and rent,or even just to get by until your next pay check, PayDay Panda seems to be an option that connects you to the appropriate resources. To get the $1500 you need, you may have to apply to two different payday lenders or ask the lender that approves you to increase your loan by $500.

Learn more about Payday Panda: PRESS HERE

In order to help you pay off you payday loans faster and keep you out of the payday cycle, you can try doing things to get you quick cash. In fact, if you can do something to get you quick cash, you may not have to borrow money in the first place. However, if you find that you still need to borrower money, there are things that you can do in your spare time to help pay down you pay day loan faster.

Learn about ways you can make quick cash to help pay off your personal loan: PRESS HERE

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