Guaranteed Personal Loans - Do I Qualify?
Despite what you may think there are guaranteed personal loans available. If you have a job, earn one thousand dollars a month and are a U.S. citizen there are many lenders who will guarantee approval of your loan application.
So, how do they work? Well, these types of loans are also called payday loans. The idea is that the loan amount is small enough that the borrower can repay the loan when their salary is paid into their checking account - however, one can also choose to repay the amount with several repayments. The usual maximum loan amount is $1,500, although higher amounts are available from some lenders.
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