payday loans in regina sask. No Credit Check Personal Loan of $150, $200 or $250.
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Why do people get personal unsecured Loans? Unsecured short term loans allow consumers to access funds in a short period of time, without the extended application process. Unlike a typical loan that you would get from a traditional bank, these loans can be secured usually in 24 to 48 hours. Additional advantages include:. No credit checks. Since lenders do no require a credit check, even people with bad credit or no established credit history can get a loan. In addition, a no credit check loan, means that the loan does not appear as a line item on your credit report. Minimal qualification requirements.
Consumers typically qualify, if they are employed. Consumers do not need to pledge an asset such a house or a car to get a loan. Emergency unexpected Expenses. Emergencies happen, when you least expect them and most of them impose a financial burden. Information and statistics about short term personal loans. **. 1.
Approximately 12 million Americans use short personal loan, services each year. 2. Most borrowers get funded for about $375. 3.
Borrowers range in age from 18 to 70+. 4. The income of borrowers range from $15,000 to over $100, 000. 5.
The education levels of borrowers range from "some" high school to post grade. 6. Employment status includes those with full-time, part-time and retired. 7.
The marital status of applicants range from single, live with partner, married, separated/divorced or widowed. 8. Borrower statistics across the nation are similar with 6% in Western states, 6% in Southern states, 7% in Midwestern states. ** - Source PEW. States where short term cash loans are legal:.