subject: Payday Loans No Teletrack- Just Fast Cash And No Tension About Credit Score [print this page] Bad credit score means people with some tags like bankrupt, late payments, missing payments, CCJs and defaults. If people have one of the tag from above then they declared as poor credit scorer. Credit score was the big hurdle for people to complete their needs and desires. But now bad credit is not a hurdle. This is because US lender offered a scheme without any checking. Payday loans no teletrack is one of them. To issue the loans US lender dont consider your previous history.
Payday loans no teletrack is specially designed for US people with age of 18 years. The primary condition for getting easy approval of loan is current job status. If you are able to draw at least $1000 per month then you can go for these loans. One more thing is required for getting approval of loan is bank account. You must possess a valid bank account in US bank.
Basically teletrack is an organization which provides your back history to loan provider. It keeps record of every US citizen. Wherever you apply for the loan, loan providers first ask from teletrack about your history. But now US lender issues loan without teletracking facility. So this is the best feature for poor creditors.
As these loans are payday loans, you have to pay off loan amount on or before your next payday. To apply these loans you dont need to follow tough and irritating formalities. This is because US lenders dont require any document regarding loan. They dont require any pledge anything against loan amount.
Due to no teletracking facility, these loans charges high interest rate. If you are not able to repay loan amount on due date then you have to pay extra charges. So it would be better, apply these loans only when you need really.