What is a "no payday" loan?
No Payday Loan
Just because it's not your payday doesn't mean you can't get money you need now. Smart household managers know how to do it – as explained here.
Why use "no payday" loans online?
How can you get money when it's not your payday? It's easier than you think - and an important tool for managing a household budget. What you may need from time to time is an advance on your next paycheck, money you are earning today but which you wouldn't typically get until your next paycheck date. Fortunately, there is a lender willing to provide that advance. Even better, you can transact the loan online, entirely from the convenience of your computer – skipping all the hassles of traditional paycheck lending done in storefronts (often in out-of-the-way locations).
AAAPayDayCash.com Helped Me Out
“All our utilities are debited directly from our checking account. The unexpected very cold weather led to extra large gas and electric bills. Thanks to a quick deposit of our No Payday Loan from AAA Payday Cash, we were able to avoid several overdraft charges on our account.”
Roger - Kirksville, MO
How do no payday loans work?
What you need to prove to the lender is that you have a job (for at least 90 days) and that you have a bank account (again, for three months or longer). That's pretty much it. There are no phone calls or document faxes required - you just sign in online to establish an account and make your loan request. When approved (see eligibility requirements below), you can expect to see the cash in your bank account the following business morning.
Why use AAAPaydayCash.com
The basis of this loan is the borrower's work ethic. If someone can hold down a job, they are almost certainly eligible to get a "no payday" loan.
This is in contrast toother kinds of loans (car loans, home loans, credit cards) that are made on credit history or collateral. This is different, because AAAPaydayCash.com honors the working person and looks at cash flow as the loan guaranty. The person who has a paycheck scheduled in the next few weeks is a person who can therefore repay on that loan. This enables someone to get a loan, even if they have had bad credit experiences or lack collateral.
- Active bank account for 90 days or more.
- Active/current job with 90 days of employment.
- Direct Deposit is required.
- No Military personnel loans.
- Minimum net income of $1,000 per month for employed and $800 for SS or retired.
About no payday loans
Borrowers in this loan category generally use the money to manage life's essentials: food, transportation, housing and medical expenses. The common characteristic of borrowing by this means is timing, where failure to get adequate cash will involve a loss of essential services, fines, penalties and high interest. Working people who are careful about their spending should not have to endure such losses, therefore, an occasional "no payday" loan is an important option and welcome solution.