3 Payday Loan Variations That You Should Get

The payday lending arena has been subjected to countless issues in the past. All over the world, many payday lenders took advantage of borrowers, giving them high interest with little considerations. Payday lending became predatory lending, and borrowers received the poor end of the stick.

Now, times have changed for the better. Aside from better terms and conditions, payday loans have cool variations that can match your current need.


Here are some of the valuable payday loan variations around:


Guaranteed Cash Loans

Guaranteed cash loans are highly popular in the West, but it’s getting worldwide attention nowadays. Basically, this is a payday loan with a ‘guaranteed’ approval. There’s no way that you’d be denied for this loan, unless you’re not really credible or you withdrew your application.

Most guaranteed cash loans must be repaid in under two months, depending on how big is the amount. Guaranteed loans have a lower threshold than bank-issued personal loans. The requirements for guaranteed loans are also simple Рlenders may only require 1 ID and a proof of billing.


1-Hour Online Loans

Personal loans are great and have fantastic support from banks and financial communities. However, it may take few hours before you can get your money. In some cases, lenders take days. A great alternative is 1-hour online loans. Just like what’s mentioned in its name, you can get the best personal loan singapore in under one hour.

This type of loan is great for dealing with immediate money matters of if your salary didn’t last for a week. You can find 1-hour payday loans in social media or online loan directories. Alternatively, you can ask around in your neighborhood if someone is willing to lend such a loan.


Short-Term Cash Advance

Cash advance is another term for payday loan.

There’s virtually little difference, but there’s another option: short-term cash advance. This type of loan shall be paid on short-term. You may feel rushed but the amount that you must settle is not that high. Additionally, short-term cash advance lenders will allow you to re-apply for the loan almost always.

Just remember that a short-term cash advance loan can be a ‘nightmare loan’ if you fail to repay it.


Payday loans are great solutions to your financial problems but you must use them sparingly.

If you don’t have a repayment plan, think twice before getting the payday loan. Failure to repay will lead to penalties that will compromise you financially.