When most people think of taking out loans, they usually think of credit cards or bank loans. While credit cards and bank loans are definitely valid ways of getting money, they’re not a great option for someone who’s in a sudden cash crunch.
If you find that you suddenly and unexpectedly need extra cash today, credit cards and bank loans just don’t make sense. Here’s why.
Cash Loans Can Be Wired Within 24 Hours
If you’re approved for a loan, you can get your money in less than 24 hours. Some lenders are even able to get you the loan within 12 hours.
If you tried to get a loan from a credit card, the process can often take weeks. Even if you get “instant approval,” you still need to wait for the physical card to appear in the mail.
Loans from banks are even more difficult. Even if you get approved for a short term personal loan, the whole process can take months instead of days, let alone hours.
Most Banks Require a Credit Report
Unless you have a 680 credit score, you probably won’t be able to get a loan from a bank.
Even if you could, you’d have to shop around several different banks. The whole process damages your credit report and takes a long time.
With instantpayloans.net, all you do is fill out one simple form. There’s no credit check required. The lender is a lot more concerned about you having a job than you having good credit.
You’ll be able to get your money right away, without having to wait for approvals.
Little to No Documentation Necessary
If you try to get a loan through a traditional bank or apply for a credit card, you’ll usually be asked for all kinds of documentation.
You might be asked to prove your income. You might be asked to submit pay stubs, rental agreements, utility bills and more.
Finding all these different kinds of bills and documentation can literally take days. Again, if you really need the money immediately, you just won’t have the time to find all these different documents.
To make a long story short, if you need quick cash wired to your bank account in just a few hours, cash loans are the way to go. You don’t need documentation, you don’t need proof, you don’t need a credit report and you don’t need your loan to go through a loan committee. Instead, you get the cash wired to your bank account almost immediately.