Well, you probably do. And so does tons of other creditors out there. We cannot deny the fact that credit scores, credit histories, and credit records count for a whole lot of things these days. This is especially true nowadays since the economic climate has not been good for the past several years. If it was hard to get a loan in the past, it is even harder today.

Then again, there are creditors out there who do not really worry much about bad credit. In fact, there are lenders who do not care a whit about your credit history! Yes, they do exist, and they exist in the form of payday loan lenders.

Now before you balk at that term, give me a chance to tell you what payday loan providers are all about. Contrary to some people’s opinions that they are good for nothing, payday loan providers actually offer some of the best deals with regard to loans today. Payday loan lenders exist to fill a need in the market. This need revolves around the urgent cash flow problems that many average workers meet every now and then.

Think about it, you probably have a regular stream of income that gets you by. While you may not be earning an astronomical amount, at least you receive your wages on a regular basis and you are able to meet your needs with it. However, there may be times when your cash is not enough to deal with the emergency needs that crop up from time to time.

This is when payday loan lenders come in handy. Since they do not care if you have bad credit, you can easily borrow money from them and pay it off without too much of a hassle. You see, payday loan lenders do not run a credit check on their customers. While they understand the purpose of a credit check, they also realise that credit checks can take such a long time and that the results do not always present the most accurate picture of the person’s financial standing.

Instead of a credit check, they have other requirements which determine whether or not a person is qualified for a payday loan. Perhaps the most important of these requirements is the proof that the borrower has a regular source of income. As far as payday loan providers are concerned, the important thing is that you receive money on a regular basis. This means that you only have to make copies of your most recent pay stubs if you are employed by another entity. This should be enough to prove to the payday loan lender that you have a stable source of income. In case you are not employed by someone else and you run your own business, then your financial statements should do the job just as well.

As you can see, nowhere in the story does a credit check come into play. It may sound too good to be true, but it that is the reality of payday loans.…