Payday loans are easier to get than credit cards or personal loans since there is no credit check involved. And because payday loans are meant for a short period, usually 30 days or less, payday companies don't require an extensive background check.
No Credit Checks
Credit checks take time - several days in fact. And when you borrow large amounts, like with a car or home loan, it makes sense for a lender to make sure you aren't too high a credit risk.
Cash advance companies deal with much smaller loan amounts, between $50 and $1500, so they can afford to lend to anyone with a regular source of income. Not only do you not have to worry about your credit score with a payday loan, but you also reduce time spent processing your loan application.
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