Forrest Gump once famously said “Life is like a box of chocolates. You never know what you’re going to get.” As life would have it, you get unexpected financial obligations such as emergency hospitalization, car repairs or a roof in dire need of a spruce-up.
However, you may not have built up enough savings for rainy days. Payday is several weeks away. Asking for help from family or friends is an option you don’t wish to consider.
What other borrowing options do you have if you need cash almost the same day and without hard credit checks? And what if you don’t have a good credit history? To be strapped for cash when you need it urgently is stressful enough. Having to deal with the rejection of a bank loan due to bad credit history is the last thing you want.
There’s a type of loan which may help tide you over your financial predicament.
So what’s a near instant online payday loan? Simply put, it’s a small amount of cash, usually not more than $1,000, lent to you by direct payday lenders and should be paid off when you receive your salary on the following payday.
Almost instant payday loans are a practical alternative to traditional lenders such as banks or credit unions for people who need cash very quickly or are rejected by other institutional loan lenders. Payday lenders don’t conduct any credit checks and the loan approval could be as fast as 24 hours.
The cash you so desperately need is in your hands as soon as possible without any delay. Green Touch is a reliable private payday lender and is one of the fastest, most discreet and convenient ways to secure near instant online payday loans.
Near instant online payday loans boast many advantages that make them popular among borrowers.
Unlike traditional institutional lenders, you don’t have to let your assets such as your house, car or bank accounts become collateral for the payday lender.
So there isn’t the insecurity of losing the roof above your head whenever you turn to almost instant payday loans. Simply fill out simple personal details such as name, email address, employment details, and bank account number in an online application form on our website and our consultants will immediately verify your information.
Green Touch is able to approve your payday loan within an hour of application.
The loan amount will be deposited into your bank account for immediate and convenient withdrawal. No credit checks (soft checks performed), no delays, just timely arrival of the funds you need.
When applying for a fast payday loan, it’s as easy as a few simple clicks. All you need is an internet connection to apply online at any hour of the day. You don’t have to wait in a long queue or set aside time for a special trip to the bank during its opening hours.
With numerous advantages, what’s there not to like about almost instant fast payday loans? Continue reading to get the full picture…
In exchange for lending to individuals with bad credit history and without collateral, some payday lenders charge extremely high-interest rates for bearing those risks.
Some interest rates can be as high as 30% of the loan amount. However, if you’re able to pay off the loan within the next one or two paychecks, the interest amount will not snowball out of hand. We at Green Touch are always happy to work with you on your loan repayment.
With direct payday lenders, the amount you can borrow depends on your regular monthly income. The following is a simple illustration of varying loan amounts and their interest rates.
|First loan||$100 – $700|
|Subsequent loans(after successful repayment of first loan)||$700 – $2000|
|Interest rates||15% – 30% of loan amount|
|For a loan of $400||If interest rate is 15%Total repayment = $400 + 15% interest rate = $460 |
If interest rate is 30%
Total repayment = $400 + 30% interest rate = $520
Interest rates of online payday loans may be much higher than traditional loans from banks or credit unions, but you have a much higher chance of successful application compared to a traditional bank loan that requires good credit history for approval.
In times of dire need, you can’t afford to wait for a bank loan approval or the possibility of being rejected because of less-than-stellar credit history. So near instant online payday loans may come in handy.