Many payday loan lenders have some restrictions on the minimum and maximum amount you can borrow. Before applying for a loan, determine how much money you will need guaranteed and whether your lender offers the same amount or not.
Traditional lenders want you to have a pretty good track record with no defaults and mostly on-time payments. Banks and even credit unions won’t consider your application if you have had some credit problems in the last several years.
Are you someone who has a bad credit score and needs money now? Nobody wants to be judged because they need an online payday loan or a personal loan.