Finding a legitimate and reliable online payday loan website in today’s full of scam internet is not an easy thing to do. Usually when you are in need of quick cash, you don’t really have time or don’t want to waste time dealing with scams and all the hassles of finding a payday loan resource that you can trust. You need the money and you need it right now.
Thankfully, there are real legitimate loan companies that do operate online, which you can use to apply for a payday loan in less than a few seconds. The good thing is, with today’s economy and the financial situation most of us are in, most legit loan companies don’t care about whether you have a bad credit history or not. Some payday loan companies are even willing to overlook bankruptcy you might have had.
With the credit history and even past bankruptcy not being a problem, all you need to get a loan is to have a job. That’s basically it! Have a job and be of 18 years of age and that is of course because of the law, which doesn’t allow a person under age of 18 to enter any type of legal agreement which is understandable and smart if you ask me.
There is a misconception amongst many people who think that having a checking account is a requirement for qualifying for a payday loan. This is simply not true! While many loan companies may state that you have to have a checking account, most of them don’t actually verify it and their agents will even tell you that.
The simple reason for stating that you must have a checking account in order to qualify for a loan is of course understandable. Its a way for loan companies to make sure they get their money back in case of a bounced payment. Of course, if you don’t have any money in your account, they can’t force the bank to pay them.