Having a good credit score is not necessary for loan payday loans. The lender you choose will not report your defaults to the credit bureaus. Banks and credit card companies are required to report on-time payments to the credit bureaus, but a payday loan lender does not have to do this.
If you have a low credit score, you may be able to find a fair credit loan from a local lender. These loans are a good alternative to traditional loans because they usually have lower interest rates. However, they may require you to provide collateral. This is why it is important to research your options carefully.
Some lenders, like LendingPoint, charge an origination fee, but they will deduct this fee from the amount of your loan. OneMain Financial is another company that offers loans to people with fair credit. They have an online application and a branch network with more than 1,400 locations.