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Please read below to learn more about our lenders rates and fees in terms of Annual Percentage Rate (APR) What makes application to traditional lenders frustrating is that they take their time in processing and verifying a borrower’s financial status. They perform credit checks which usually take days to complete. With short term loans from payday lenders, even people with average to poor credit rating will only wait for hours to be approved of a loan. The no credit check policy also contributes to the efficient processing and faster approval which only short term loan providers are able to offer. Rather than guess your credit profile, you need to request your free credit report and pay a small fee to get your credit score from www.annualcreditreport.com. Fix any errors and take steps to improve your score with improved financial behavior  long before applying for a mortgage loan. A lender can help you determine which steps will boost your credit score fastest, but depending on your situation, it could take at least several months or even a year before you can push your score high enough to qualify for the lowest interest rates on a conventional loan. You will need to be at least 18 years old, have a steady job for six months, and make at least $1000.00 per month. Having all of this information handy can really speed up approval times.
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