Personal Loans : Payday Loans Up to $1500
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If you fulfill these requirements you can get the loan transferred in your account within 24 hours. The loan amount granted is $100 to $1000; even it may rise to $1500 in some cases. The repayment time varies from 14 to 18 days. The interest rate is a bit high and is worth, seeing the urgent requirement of money. Also this should not bother you as the loan is of short duration hence the interest amount does not sum up large. The online availability of these loans has increased the speed of their transaction as everything from application to transaction and even repayments are made through internet. It is advisable to search the loan market well before going for a loan to draw the maximum benefit. The online availability provides you quick information about various offers available in loan market and you will be saved from hunting the dust.

There are two kinds of personal loans: secured, and unsecured. If you have bad credit and are looking for a personal loan, you will soon learn that almost all the bad credit personal loans available are secured. What this means is that unless you have some assets to pledge as collateral, you will be turned down by the lenders.

But not all bad credit personal loans require that you have collateral. If you can find someone with a good credit rating to co-sign on the loan and agree to pay it off if you should default, you may qualify. There are even some lenders willing to make bad credit personal loans with neither collateral nor a cosigner, but the amount they will lend is usually low, and the interest rates are high.

The problem with taking out an unsecured bad credit personal loan with a high interest rate is that if you were having difficulty meeting your earlier financial obligations, accepting a loan with even higher monthly payments may be the financial equivalent of jumping out of the frying pan and into the fire.

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