One hour payday loans may be right for you if you need some money for a short time. Car repairs, medical emergencies and other unexpected expenses can really strain your finances. Some weeks last longer than your wages do. So you simply borrow enough to tide you over until your next payday. These loans are a safe and effective way to quickly receive cash. There's no need to worry about your current credit score.
Some important facts
One can apply for a 1 hour payday loan online or in person and the loan will be delivered to your home, office, or deposited in your account. You should be little bit careful while applying for such loan. You can follow the following tips to avoid the dangers in it.
1) Trust lenders with good reputations. Remember, you're giving them personal financial information like credit card or checking account numbers so you want to deal with honest people.
2) If you are taking from a financial company, check if there are any legal cases or complaints against the company.
3) Find out how long the 1 hour payday loan company has been in operation and find out from customers what has been their experience.
4) Pay the repayment when it is due, on your next payday. If you do not repay the loan with your next paycheck, the lender may even automatically renew the loan by withdrawing the fees from your checking account. This could cause you to be overdrawn and incur penalties from both the lender and your bank.
5) Always read through the terms and conditions carefully and find out about fees, interest rates, and other applicable rules.
Eligibility
The 1 hour payday loan period may be extended, but you'll have to pay additional interest and finance fees. Some of the following documents and points are necessary to get these loans.
1) You must be employed, earning at least £1000 per month.
2) You must be a legal adult over the age of 18.
3) You must currently have an active bank account.
4) Duly filled application form.
source:http://www.bestsyndication.com/?q=20080311_payday_loans.htm
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