$300 with No Credit Check
Sometimes you might find yourself in the unpleasant situation of needing cash very fast. Unexpected utility bills or other emergency expenses and no access to cash get you in difficult situations. For these tight cash situations, a 300 dollar loan makes the difference.
Many people find it difficult to obtain a loan, especially if they have a bad credit history. In this case, the best option is a $300 payday loan from a direct lender that performs no credit checks. If you are one of those saying, “I need a 300 loan today”, we will shed some light on how you can get some cash fast, even for those with poor credit. Let’s get started!
$300 Loan Requirements
There are some common criteria for accessing this instant small short-term loan.
- Current residence address
- Current phone number (a cell phone number is also acceptable)
- A valid ID
- The age limit is 18
- A working email address
- An active checking account
Depending on the state, the lenders might require additional information. However, most payday lenders will not perform traditional checks, and a poor credit score will not affect your application. The approval is based on your monthly income. In some cases, even people who receive unemployment benefits, social security income, or disability payments meet the eligibility criteria.
$300 Payday Loan Fees and Terms
Although it is very easy to get a $300 payday loan from a direct lender, there are high annual percentage interest rates involved.
Depending on the state, the lenders are allowed to charge you between $10 and $30 for every $100 you borrowed. In case you cannot repay the loan within the agreed term, additional fees might incur.
As a piece of general advice, make sure you know when is the due date and how much you have to give back. The lenders deposit the money in your bank account, and it will charge it on the repayment term. Always be careful and read the loan terms and conditions.
When it comes to repayment terms, the financing companies must follow the states’ regulations. As a thumb rule, a $300 loan is due to be paid back within 30 days. Depending on the loan offer and the amount, the term can be longer than 30 days if you apply for installment loans.
Yes. You can get a loan with bad credit as, in almost every case, there is no hard check performed by the lender. These companies will review your application form and will offer the best financing products for you. Poor credit shouldn’t worry you too much at this point.
You can safely make a loan request as there is no hard credit check. Despite the poor credit, the loan lenders will approve your request and will deposit the amount in your bank account. A credit score under 650 meets the eligibility criteria.
A payday loan involves returning to the lender the initial loan amount plus the fees. The latest ranges between $10 and $30 for every borrowed $100. These rates depend on the state’s lending regulations. Typically, for a $300 loan, you will have to return about $350.
Always check the loan agreement before committing to a lender or another. Take note of the loan terms, interest rate, and of the repayment term.
Small loan amounts are being granted within one working day. If you find yourself wondering how to get a 300 dollars loan quickly, all you need to do is fill out our easy application form. The loan decisions are not affected by your credit history and usually get approved right away as we work with a large base of trusted direct lenders.
Yes you can get money today. Depending on the loan product you chose, the lender will verify your application and may approve you fast. The money will be transferred to your account during one business day or even faster if you have been approved early in the morning. Repaying the loan does not happen before your next pay date, so you will not have to worry about that. Also, our application is 100% online and you can fill out the form during weekends and holidays.