As an immigrant to the United States with no family support or long term friends to turn to for such an intimate issue as finances, it was, to put it mildly, a gut-wrenching moment that needed urgent attention.
Add to the mix the fact that I did not have any credit at all, not even bad credit, and you’ll understand the predicament I found myself in.
Sleeping in a fetal position whilst sucking on my thumb was not an option. I had a wife and new baby relying on me.
There’s a saying out there that, if you think your bank does not care about you, try missing a couple of payments, and you’ll see how really concerned they are about you!
Sadly, that concern does not transcend into help of any sorts, but more like an urgent nudge to produce some cash or else.
What I’ve never really been able to understand is, Banks charge you more for having insufficient funds in your account or for having no money to pay your bills as if you’ve just hit the jackpot!
If you’re unfortunate enough to find yourself in a similar situation as I once was, take heart, perhaps this article will assist you avoid all the minefields of searching for credible instant approval payday loan companies that will empathize, listen and work with you until you’re out of your predicament.
You see, when you have no credit or have bad credit, financial institutions do not want to have anything to do with you, you’re as good as dead in their eyes, so there’s no love lost there.
However, you have the option of seeking out alternative sources of finances, or the parallel market, as it’s called, and this is where Instant approval payday loan companies come in.
In a nutshell, Instant approval payday loan companies advance you some cash, usually up to between 1000 – 1500, on the understanding that you’ll repay all of the money, or a fraction of it based on your terms and conditions, by your next pay date.
In most cases, the Instant approval payday loan company will not even check your credit history. All they require is that you’re gainfully employed, that you earn between $800 – $1000 per month, and that you have a checking account.