Credit Score

Your credit score is more than just a number. It is typically a deciding factor when you apply for a loan. However, there are loan options for individuals that do not have the best credit score. No matter what the reason may be behind your low credit score, it is still possible for you to get the money that you need. Building your credit score back up should always be the goal, but in the meantime you can choose the payday loan option to help you secure the loan you need even when you have a low credit score.

Here is everything that you need to know about your credit score and a payday loan:

Employment Matters

One of the reasons why a payday loan is such a great option is because the only real factor when qualifying is employment. This means that your credit score is not taken into consideration when deciding if you can get a payday loan. Even if you have a low credit score it will not keep you from getting a payday loan. The score will not matter at all and a credit report will not even be run for you. This makes things a lot less stressful for people that are trying to get a loan.

Fast Process

It is also a good idea to choose a payday loan because it is designed to be an easy and fast process for you. This means that it will not take a lot of time for you to be approved for this type of loan. It only takes minutes for you to get approval. You even have the ability to fully apply online when you want to get a payday loan without using your credit score. As long as you have a job and a bank account you will be approved.