Loans are an essential source of financing when it comes to starting up a new business. You may be lucky and not require loan at the very start, but circumstances could ask for one in the future. When the word loan is mentioned, a huge amount of money comes to one’s mind, but loans can be small as well. Payday Loans are the solution if you are looking for small and short-term loans that are unsecured. A short term loan is helpful, but it does usually carry a very high interest rate. It doesn’t involve long term obligations. Payday loans are also known as cash advances as it is an amount of cash provided over some predetermined terms. They are called payday loans as they are repaid when the employer receives his or her wage.

1st Class Loans is your place to be if you are looking for Payday loans. It is a website that will allow you to access payday loans online. From $100 to $5000, any amount you require would be in your bank account today! The best part about 1st Class Loans is that you can get a quote within under two minutes. The website does not charge any fees for these services. Another feature that is valued by our customers is that we guarantee the best rates from almost fifty plus lenders, so you need not worry about getting the best deal. If you are worried that you have a bad credit history, 1st Class Loans understands that and will offer you great payday loans. If you pass the approval process, you may even be able to get the money on the same day you applied for the loan. Isn’t it a sigh of relief? Who knew taking a loan would become so easy!


Why choose 1st Class Loans?

1st Class Loans is a website that thrives to provide its customers with the best possible services when they are searching for payday loans. They aim to make the service easier for customers so that they become the first choice when it comes to fulfilling financial needs of the customers.

1st Class Loans provides a very simple and fast online process to apply for lending and allows you to access online loans in an instant. This is exactly what sets 1st Class Loans apart from other similar service providers. When customers are making online transactions, security is their largest concern and the company understands this. They have made sure that personal data of the customers is kept safe at any cost. It is one of their top most priorities, which is why they don’t retain any personal information that you may enter when applying for the loan. Moreover, the process will never ask you for details that are not essential for the process or may be used for marketing purposes. That will not be done without your permission. Satisfying its customers is the utmost priority and that is what it aims to achieve through its services.


Risks that may be involved

No matter what we say, it is a loan at the end of the day and it does come along with its own risks. The very first question that you should answer for yourself is that if you really need the loan or not? They may be a great way out to meet your financial obligations, they must always be the last resort. If the need is not very instant and you don’t need cash in an emergency, then you must not go for a payday loan. More information on the matter can be found on the website as well.


Can I afford repayments?

No loan comes without repayments, right? This is another risk involved in taking out a payday loan. You must make sure that you are in the condition of fulfilling the repayment amount fully and on time. Payday loans are short term loans that charge a high interest rate, which definitely means that the amount that has to be repaid is high. It is possible to get a 12 months loan, but it is always recommended to pay it off as soon as possible. Traditionally, the interest paid will be not more than $24 on every $100 that you may borrow, but if the repayments are not met on time, the interest rate charged may even increase as a penalty. Keeping this in mind, you should forecast your condition before taking out a payday loan.


Will I be charged a fee?

1st Class Loans will not charge you a fee for using their services as they offer them for free. This is what they differentiate themselves upon from their competitors. The process goes on like this. You make a deal with a lender and decide on a fee that you will pay them. The lender will then pay a part of that earning to the company, which makes it a referrer.


What if I have bad credit?

If you have a bad credit history, there are high chances that you will be able to approach a lender through us, but it is not something that is guaranteed. Not all lenders check the credit history of a person, but some still do. Another advantage of using 1st Class Loans is that you will get rid of tons of application forms that you may have to go through when applying directly or through other service providers.


How does 1st Class Loans help?

The one thing that the service provider believes in is transparency. It has continuously used it as a key in achieving the first-class services that it offers to its customers. They are as honest and open about their process in providing you with payday loans as they could be. Although they don’t lend directly, they become the middleman in dealing with lenders and borrowers. Your application is sent to approved lenders to fetch you the best deal that is offered by these lenders. The service providers work with the best lenders and will get you the best deal possible.