While it can be quite difficult to qualify for regular short termed loans when your credit history is bad, payday loans have become an ideal solution for people who cannot get financial help from their local banks. Moreover, when you are overwhelmed by piling up bills, 1 hour loans no credit check lenders can offer you the best possible way out. And as long as today you can apply for their services directly from the comfort of your own home, you do not need to spend so much time to get extra cash.

The only disadvantage of payday loans is that the cost of such loans is much higher than the cost of other fast cash solutions. At the same time, payday loans can be much more affordable than the services of credit cards providers. For instance, if a credit cards provider charges 20% of APR or more, it is much more reasonably to take a payday loan than to withdraw cash from your unsecured credit card.

read more...