The short answer? At Club Money, we make loans easy. A payday loan is a small, short-term loan that’s due by your next payday. Rather than checking your credit history, payday lenders primarily rely on income verification. Some payday lending collectors will deceitfully say that they are calling on behalf of the court and will threaten consumers with arrest quick cash loans.
By becoming one of our clients, you can take advantage of loans with no up-front costs or credit checks, and you get an immediate response. Once you’ve regained some financial footing via a bad credit loan (and you will), you can then continue to practice good habits and set up protections around your credit score.
If you have been waiting for longer than five weeks for your first payment, you will need to apply by calling the Universal Credit helpline on 0800 144 8444 in England or 0800 024 1220 in Wales. If you have already missed a payment, you may have incurred a late payment fee and could still be accruing interest on your loan, increasing your balance.
Your finances are much safer when you don’t gamble, and your payday loan application won’t be negatively affected. If you have a good credit history and credit score, you could get a same-day crisis loan with competitive interest rates and flexible terms from a traditional lender like a bank to pay rent.
If you roll over the loan a few times, you will pay a lot to borrow the money. Straightforward online information on potential APRs, loan amounts, and fees. Learn more about payday loans pitfalls and short term loans , here. You can apply for a Cash Advance loan at your nearest store.