What do you do when you need to quickly borrow money while you wish to avoid asking friends and family? And what if you have a bad credit history. As data has it, the vast majority of the population today prefers loans from non-traditional sources in such situations. Typically, the ideal source here would be a trustworthy direct lender. Choosing to borrow loans from legitimate direct payday lenders where no third party is involved, can offer certain benefits, that make such loans more valuable to borrowers.
In this article, the most valuable benefits are discussed, and thereafter, a link to a renowned source that offers direct lender payday loans is shared for your convenience.
Why choose Payday Loans from Direct Lenders?
Direct lenders are the source of your loans when you cannot get a traditional or a bank loan. Whether you approach a matching service or a loan broker, your money is being sourced from a direct lender. When you’re able to apply for your payday loan with a trusted direct lender, avoiding third-party entities can offer these benefits to you:
1. No Third-Party Commissions & Delays
When you opt to directly deal with your lender, any commissions that are paid out to brokers are avoided and this almost always benefits you, the customer. Also, an added entity can always add delays, and that delay gets avoided too.
2. Better Security & Transparency
Why share your sensitive data with multiple people? Deal with a trusted direct lender, and your details shall remain with the lender alone, unless some verifications need some limited information to be shared, in order to be completed. Also, there’s typically more transparency in deals where lesser entities are involved. Transparency helps you reduce the chances of feeling cheated or being denied information that’s essential.
Some Direct Lenders provide Guaranteed Payday Loans
Only when a direct lender provides a guaranteed payday loan, can the claim truly be legit? So, if you need a lean with a very high chance of being approved, it is important to consider looking for a direct lender that’s trustworthy and offers such a loan.
Guaranteed payday loans would typically be subject to certain income criteria basic qualifications terms being met by the borrower. Typically, a legit lender that makes such an offer, shall provide clarifications about these terms and conditions, and guarantee a payday loan of an amount that they deem safe for a borrower to apply for, subject also to the applicable state and federal laws.
Bad Credit? Choose Lenders that Perform No Credit Check
When you have a bad credit score and still need a loan, it’s likely that you’re heading towards a payday loan or an installment loan from a direct lender. What you need to keep in mind is that a no credit check loan is likely to be your best option in this scenario. Such a loan is designed for bad credit borrowers.
Most bad credit borrowers typically choose loans only in emergencies. Direct payday loan lenders that performs no credit check can offer a suitable solution as their loan approval tends to be a faster process.
Instant Approved Loans – a Reliable Direct Lender of Payday Loans
With years of experience and thousands of satisfied customers, Instant Approved Loans is an online service that enables borrowers to find their direct payday lender loans, with no third-party present in the deal. Applying for a payday loan from this direct lender is absolutely easy – it just takes a 3-minute online form to get the process started and shortly, once basic verifications are done, a transparent loan offer is provided to you. Upon your agreement to the loan terms, the money is credited to your account and the whole process often completes within just a few business hours!