Many lenders are willing to loan from $100 to $1500, but the amount approved is dependant on what your regular paycheck amount is, for this will be paid back fully when your next pay period arrives. Since these loans are very short-term, one to three weeks, the interest rate on them is above on other loans. All it takes is a little time and research about the borrower’s behalf to find a lender which has a low interest rate or one he can afford. And with the availability of the internet and internet based payday lenders, this task has grown to be very fast and simple.
Naturally you must meet the necessities to obtain a bad credit cash advance. You need to be employed, possess a valid checking account, and be at least 18 years. If these requirements are met then everything that needs to be done is always to fill out an application and send it in. Your loan should be approved and disbursed within 24 to 48 hours. Online lenders really choose this process easy – for it can all occur in the comfort of your home!