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Is There a Loan with Guaranteed Approval?

Mar 29, 2023 | Loans

One of the most stressful parts of life is facing unexpected expenses with no guaranteed resources to pay them. Many prospective borrowers wonder whether there are any avenues to get cash, such as a loan with guaranteed approval.  

This guide answers whether there are options to get the cash you need to borrow without risk of refusal. 

Why Would You Need a Loan with Guaranteed Approval?  

Applying for a traditional loan can be a rigorous process that can unsettle applicants where there’s no instant or guaranteed decision. Sometimes we face unexpected events in our life where a fast loan would cover the expenses outside of our budget; or a loan with guaranteed approval.  

But do such options even exist?  

Loan With Guaranteed Approval: What Options Are There?  

From the traditional perspective, few options would guarantee you a loan. However, some providers understand that unprecedented events can happen, and borrowers need fast, guaranteed cash to help cover expenses.

Dollar bills

They specialize in financial products that guarantee small amounts of cash, even if you have bad credit or challenging economic circumstances. Most providers won’t give a 100% guarantee for a loan, as there could be some exceptional circumstances that risk the money being paid back.  

However, these fast cash loan providers usually have high applicant success rates, meaning between 97 and 99%. They’ll even have a system where you can pre-check if you’re eligible for a loan with guaranteed approval, so you’ll apply with peace of mind and get approved for the cash.  

But what about those with abysmal credit?  

Can I Apply for a Loan with Guaranteed Approval, Even with Bad Credit?  

Most “loan-guaranteed approval” lenders don’t have hard credit checks, leaving anybody with the appropriate requirements to apply for the loan. That means you could be guaranteed a loan even with bad credit. 

So how do you apply for a loan with guaranteed approval?  

How To Apply for Loans With Guaranteed Approval?  

After your eligibility pre-check, here’s how you can apply for a loan with guaranteed approval

  1. Find lenders with high applicant success rates.  

In today’s market, borrowers can find many lenders with loan-guaranteed approval. Most providers will not always offer a 100% guarantee of acceptance if you have rare extenuating circumstances such as bankruptcy. Still, they will have high applicant success rates, such as 97% approval.  

  1. Enquire how much you can borrow.  

Most providers with loan-guaranteed approval will have a quick check form on their website to tell you how much you can borrow. Fill out some details about your financial circumstances, and you’ll get a figure.  

  1. Fill out the lender’s online application form.  

If you’d like to go ahead and apply for the amount you’re eligible to borrow, the provider will have a quick 5-minute form to complete. It will ensure that you’re a US citizen/permanent resident, over 18, have a bank account and can prove your income.  

  1. Await approval usually within the next business day.  

Unless there are particularly unusual circumstances behind your application, you can receive approval for your loan within 24 hours, and sometimes the same day. Many providers have applicant success rates of around 97%, but there’s always a chance you may not be eligible for the funds.  

  1. See funds deposited directly into your bank account.  

If approved, the amount requested will be deposited directly into the bank account you provided on your application. And it’s all done! You’ll only have to pay back the borrowed amount with interest within the agreed timeframe.  

So where’s an excellent place to start looking for a loan that has high chances of getting approved?  

Where Can I Apply for a Loan with Guaranteed Approval?  

Minute Loan Center is the best starting point for finding a loan with *97% guaranteed approval. You can check your eligibility instantly with our quick-check options, and see how high your chances are of getting a loan approval. 

Contact us now to obtain a loan quickly and seamlessly!

*The 97% approval rate from the Minute Loan Center is a result of research conducted in 2021.

Written by Antonie Meeker

The information provided is for informational purposes only and is not a substitute for professional financial advice. You should consult a credit counseling professional concerning the information provided and what should work best in your financial situation. And any action on your part in response to the information provided is at your discretion.

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