Everytime I try to request for a bad credit loan I am regularly denied. My credit measure is 585. I have a full time pursuit operative about 50-60 hrs a week. I am peaceful to compensate it back. All I need is 300. Can any one answer this?

{ 3 comments… read them below or add one }

darcy! July 10, 2011 at 1:26 pm

Perhaps try getting overdraft with your bank if you haven’t already? You’ll pay a lot less.

CatDad July 10, 2011 at 2:23 pm

Have you defaulted with payday loans in the past? The payday loan industry has its own internal database comparable to a service like Equifax or ChexSystems. If you’ve defaulted and are in this database, that could explain it.

Use Your Noodle July 10, 2011 at 3:05 pm

Well, do you have a bank account? A checking account? Payday lenders require that you have a bank or checking account that they can debit when your loan is due. Also, have you had payday loans in the past that you didn’t pay on? If so, payday lenders have their own internal system that lists deadbeats who didn’t pay. LOL

Now, if you are just filling out application after application on the net and not getting anywhere, this is par for the course. Most of these sites that advertise or are listed on the first pages of any search engine are just feeder or affiliate sites that gather info and farm it out to different payday lenders. Most times, people either never hear back and go through the maze of filling out form after form never getting a loan.

STOP trying to get a payday loan online. Most operate like the scenario above. If payday lending is legal in your state, look in the phone book for one near you that you can WALK INTO and talk to a real human behind a counter. Forget the online ones.

The other reason you may be getting denied is that online payday loans or payday loans period are illegal where you reside. They are banned in some states.

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