2nd Chance Payday Loans from a Direct Lender if You have Bad Credit
Being denied loans from traditional lenders when you have a bad credit score isn't something unheard of. It can, however, cause concern and stress to the individual who has gone through such a situation, as the possibility of being able to get funded starts to seem very, very small. However, you must know that you have other options apart from traditional loans when you are in dire need of finances.
Second chance payday loans are meant for bad credit borrowers. You can avail of such loans from direct lenders near you or from online direct lenders like us at PaydayLoanHelp. With us, you don't have to worry about not getting some extra cash when you really need it, as we strive to provide you with financial assistance.
2nd chance payday loans from online direct lenders can provide you with money faster and much more easily than a store-based lender can. This is because, with online lenders like us, you won't have to waste time travelling or standing in long lines just to apply for your loan without even being guaranteed one in the first place.
With us, all you have to do is fill out our 3-minute short application form and submit it while also sending the following very basic details/documents:
- Your income statement or pay stub is needed in order for us to be assured about your repayment ability.
- Your Social Security Number
- Your age proof which shows that you are at least 18 years old
- Your verifiable contact details for us to get in touch with you as and when required
- your checking account details to transfer and withdraw funds easily.
Second Chance Online Payday Loans are Unsecured
Some traditional lenders do offer loans to borrowers with undesirable credit ratings on the condition that they provide some sort of security or collateral. However, that doesn't guarantee that you will get your funds, and even if you do, it is not going to be as fast a transaction as one that a trusted direct lender would transact.
With us, you do not have to worry about offering collaterals, even if you have very bad credit scores. Second chance payday loans have no credit checks, since we understand that if you're applying for such a loan in the first place, it is most likely that you have a faulty credit rating. We instead base our loan approvals on your income.
What can You Use your 2nd Chance Loans Direct Payday Lenders for?
You can use it for multiple personal reasons such as:
- Medical emergencies
- Home repairs (such as a broken pipe)
- The breakdown of a vehicle
- The sudden need to travel
- An occasion
- Renovation of your house
While applying, you do not have to worry about providing us with an explanation or a reason about what you want a loan for. You can use the loan for any personal requirement of yours, but to be safe just be sure about your ability to repay it on time.
So, when you find yourself in a situation that demands monetary assistance on an urgent basis, stop thinking about your faulty credit rating and apply for second chance payday loans with us.