Today in the market, some legit lenders offer no denial payday loans. We understand that many critics and financial advisors speak strongly against payday loans. However, for the borrower in need, who may not qualify for other loans, there isn’t always a reliable solution that replaces a payday loan. No denial payday loans – when offered by legit direct lenders – are reliable, quick, available to almost all borrowers, and can often be applied for online.
What are No Denial Payday Loans?
No denial payday loans are payday loans that are offered with a stipulation of certain approval subject to the borrower being eligible. So, if you as a borrower apply for a no denial payday loan, you shall certainly be approved for the loan if the offer is legit and if you meet the loan eligibility requirements of the lender. Some lenders may term a similar loan offer as a “guaranteed payday loan”.
At Instant Approved Loan, to be eligible for our no denial payday loans, you shall need to meet these criteria:
Must have proven monthly income of $1,000 or above
Must have an active savings or checking bank account
Must share valid contact details
Must be 18 years old or above
Must be a US citizen or a permanent resident with a valid SSN
Are No Denial Loans Safe?
Not all payday loans that guarantee approval can be considered safe. However, some no denial loans are income-based loans. Since payday loans have very short tenures, income is a more valid tool to suggest loan repayment ability over credit scores. Hence, income-based payday loans such as what we offer at Instant Approved Loans, can be considered safe.
Need a Totally Reliable Loan? Choose a Trusted Online Lender
When looking for a no denial payday loan, what a borrower really needs is reliability. In today’s lending market, you may come across offers of no denial payday loans from:
Online direct lenders
Store-based or pawn lenders
Amongst these, online direct lenders typically offer valuable benefits and deals as their operating costs tend to be low, competition tends to be high, and third-party entities aren’t involved in the deal saving time and commissions.
Choosing a trusted online lender with good reviews, a well-constructed website, and legit services can help you stay safe while getting a prompt and reliable service.
Legit No Denial Loans are offered by Direct Lenders Only
In the non-traditional lending market today, brokers and other third-party entities also claim to offer no denial loans. However, it can be useful to know that ultimately, only a direct lender can offer a legitimate no denial payday loan. Any third-party entity like a broker can only make such claims on behalf of a lender and deal with a direct lender hence can have great benefits such as:
No third-party delays
No third-party commissions
Better transparency in deals
Easier communication with the lender