Get a payday loan with bad credit

Like so many people in the 21st century, money isn’t the only thing that we’re constantly trying to get more. We’re also fighting the daily grind to squeeze out every ounce of time there is to be had in a regular day. With so many home and office duties to work on during the day, time literally seems to fly and before you know it, it’s time to hit the sack and begin the same routine anew.

Cash - payday

The internet has given us many opportunities to do things that would normally require travel in the comfort of our own homes. From online shopping to telecommuting, the information superhighway is a limitless network of information, data sharing and convenience. The finance industry has benefited from this technology as well, as in the case of payday loan.

What are online payday loans?

Payday loans with bad credit are types of loans that mature on your next payday (typically in two weeks time) and you don’t need a great credit score. Usually consisting of a relatively small amount, payday loans are short term lending that are suited to settling bills with immediate deadlines and other payments that simply cannot wait until the start of the next month. The high interest rates of payday loans do not make them ideal for long term financial risk mitigation, that is why paying them on time is of utmost importance.

Who to choose?

With so many fast cash advance sites to choose from, it might be a bit of a struggle arriving at a specific choice. List down the sites (in comments) that seem to have the most accreditations as well as online recommendations, and narrow them down to a handful.

Search for some blogs and online forums about customer satisfaction review on these companies, surely you will be able to receive first hand information from a consumer standpoint. Ask your friends and relatives, too, if they’ve had the chance of completing an online loan transaction and with what company. If their experiences have been favorable, chances are yours will be too.

At the end of the day

Whichever company you choose to obtain your online payday loan, the important thing to remember is that you should always pay your loan on time! If you don’t want to risk being blacklisted or billed for overdue penalties, it’s best to set aside the loan amount come payday so that you don’t get yourself in a bind because you “just forgot” about the whole thing.

Banks won’t accept that, loan shops won’t accept that too and neither should you. Paying liabilities on time is an important step in building a good standing reputation with these banking and finance firms.



The hard truth may be that you can’t fulfill all of your financial commitments according to the loan agreement. Realize this and move on! For me, reaching this conclusion was the hardest part of this process. It was frightening because I didn’t know what would happen when I broke the agreement. Try to relax and take a deep breath, everything is going to be O.K..

Sometimes you just have to be creative. I had two vehicle loans and only needed one car. My father, on the other hand, was driving a ten year old Mazda B2200. Conveniently he just turned 62 and his Social Security checks began coming in. I didn’t have enough equity built up in either vehicle to sell without having to come out of my pocket. So I convinced my father to sell his old truck and take up the notes on mine. This is what we did and that freed up $300 per month, and Dad looked great in his newer Ford F-150. That helped. My student loan was financed through Sallie Mae. They have a deferment program where you can put off making monthly payments if you’re in financial trouble. So I took a 6 month break from paying them – during which time I consolidated my student loans and am currently only paying $120 per month. I would like to pay more but the consolidation loan has a much lower interest rate than BOA and Citi – they are at 32.6% remember?

I owed 11 more payments on my Mitsubishi. Since I had to have a car I decided to pay that off first. I decided to continue to pay Discover Card (for some reason they kept a lower interest rate – today 28%), and as for Bank of America and Citibank – they received a letter.… more


If you’re like me you probably need as much money as you can earn and find. Let’s think about some ways to free up some cash you may have not considered. When I finally reached the end of my rope financially I had been with the same job for seven years. $1000 per week was my salary and was the best money I had made by the age of 30. Although I had a college degree I lacked specialized skills for the job market. Fear of quitting my job and the unknown aftermath was part of the problem. In order for me to rectify my credit in the time I wanted, more income was necessary. First of all, see if there are physical items or services that you can do without. Here is a list of things that you might be able to live without.

Telephone (land lines and cellular)
Cable TV or Satellite
Furniture or appliances
Video games
Musical Instruments
Real estate

This list can be much larger. However, these are some of the things that you can stop using (services) or maybe even sell for needed cash (physical items). I recently went on and auctioned off everything in my house that I really didn’t need. Some of the items were musical instruments and video games – even some books. Just make sure that you charge the other party enough shipping or you will lose money there. I sold an electric guitar by advertising in the local paper. As it turns out I had more cash at hand than I realized!… more


When you use cash you literally see your money leaving your wallet. This has a psychological effect. I mean it almost hurts when you watch that money leave your hand. For those who need tough discipline, I recommend you should start putting your cash into envelopes. You have a separate envelope for each spending category. At the beginning of the week go to the ATM and withdraw your budgeted cash for the week. Then sit down and put the amounts per category into the envelopes. This only works if you don’t spend more than what is in the envelope. This really helps people learn to control their spending and stick to the proposed weekly budget.… more