Representative Example:
If a payday loan amount was $500 with a rate of interest 292% (fixed) and a representative of 171% APR, it would cost you $546.225 after 2 weeks, $592.27 after 1 month and $773.95 after 3 months.*
* We do not know the number of borrowers who take out a loan or the APR, this is a calculation based on the mean APR of our lending partners
What Are No Denial Payday Loans Direct Lenders Only?
No denial payday loans from direct lenders only means that approval of your loan request is guaranteed and you will not be denied the opportunity to borrow money. This is directly from the lender, rather than from a broker or loans connection service.
This offers a useful way to access funds if you desperately need money in an emergency, for instance to pay for an urgent medical issue or if your car breaks down. However, to be guaranteed a no denial payday loan usually comes with the risk of very high interest rates due to the convenience and easy access to short-term financing. Some direct payday lenders may even use strategies to hide the Annual Percentage Rate (APR) of a loan from the consumer so it is essential to explore other options first, be vigilant, find a trustworthy provider and read the terms and conditions before accepting a loan agreement.
Whilst many reliable direct payday loan lenders do exist, there are also many dishonest lenders. So is important to do thorough research before going ahead. Perhaps you could look at other ways to boost your savings, such as through a salary advance or by taking up a second job. Or you could get advice from a financial advisor who can consult you on the best ways to obtain monetary assistance.
Can I Get No Denial Payday Loans With Dollar Hand?
Where Can I Get A Loan With Dollar Hand’s Direct Lenders Near Me?
Mississippi, Ohio, Oregon, Rhode Island, South Carolina,
Tennessee, Texas, Virginia, Washington, Wisconsin
Can I Get No Denial Payday Loans Direct Lenders Only In California?
It is possible to get no denial payday loans direct lenders only California. However, you should be wary of this since no denial loans are usually subject to very high APRs. Quick access to funds might be tempting but it important to make sure you have all the information about the costs and whether you are receiving competitive interest rates, which often can be obtained from brokers like Dollar Hand who compare different loans offers from a number of direct lenders to find you the most affordable rate.
Why Could I Be Refused A Payday Loan?
It is possible that your payday loan application could be declined. This would most likely be because you have not met the eligibility criteria.
For instance, you might not be a US citizen aged over 18 years old or have a stable income and regular salary of approximately $800 each month. You may not have a live checking account for the loan to be transferred into or might have an extremely poor credit history which means the lender is not willing to fund your loan.
What To Do If You Are Denied A Payday Loan?
If you are refused a payday loan, you can contact the lender to find out why your application was rejected. They should send you an adverse action letter with an explanation. Once you know the reason, you can try to rectify the problem so that you have a better chance of approval next time.
You could also review your annual credit report for free to get an idea of what the lenders can see. Look out for any mistakes or anything that might have negatively affected it and see where you can make improvements.
Can I Get A No Denial Payday Loan With Bad Credit?
Yes, you can get no denial payday loans bad credit from certain lenders. However, this will be subject to less favorable terms such as high interest rates and a short loan term. It is advisable to rather take some steps to improve your credit score, such as paying off any existing debts and signing up for the electoral register.
FAQs About No Denial Payday Loans
Will I Get A Payday Loan With Dollar Hand From A Direct Lender?
Whilst Dollar Hand is not a direct lender, we connect our customers with the lender most suited to their borrowing requirements. We have partnered with over 50 reputable and vetted direct lenders across the United States who all comply to the OLA standards.
What Are Other Ways To Borrow Money?
Alternative options you can consider include requesting an authorized overdraft from your bank, applying for a low interest credit card or borrowing money from family or friends if possible. You could also try to boost your savings by selling unwanted items you no longer need via online platforms such as eBay.
What Information Will I Need To Include on My Payday Loan Application Form?
When applying for a payday loan, you will need to include a few basic details such as:
- Your name
- Date of birth
- Contact information
- Social security number
- Employment status
- The amount you wish to borrow
How Quickly Can I Borrow Money?
You can borrow money quickly via our online platform. Complete our application form in less than 5 minutes to receive an instant loan offer. If approved, the funds could be in your live checking account within minutes, hours or by the next working day!
To maximise your chances of a speedy loan, try applying during typical working hours of 9am to 5pm on Monday to Friday. Also keep your phone nearby incase the lender wants to get in touch with any follow-up questions or to request paperwork.
Will Dollar Hand Charge Me Any Fees For Applying?
No, applying with Dollar Hand is free of charge for all customers. We might just receive a small commission from the lender if your loan application is successful.
How Do Repayments Work?
Repayments range from 2 weeks to 5 years depending on the loan agreement. Payments will be automatically withdrawn from your bank account on set dates that will be specified in your contract. This typically tends to be after you have received your paycheck on your payday.