CashNet USA

There are many lenders these days that are offering guaranteed payday loans for people with bad credit. However, this is not out of the "goodness" of their heart nor is it because they feel sorry about your financial situation -- it's merely a business decision that was made to increase profits. In light of that fact, follow the 5 tips below to ensure that you're not taken advantage of.

1. Just because they don't use your credit score as the basis for approval, that does not mean they don't take a peak at it. With that being said, the interest rate you are given may actually be influenced by your credit rating. If you're worried about this, ask the lender whether or not they look at the credit score and if they use it against you in ANY way.