24 September 2008
Online cash loans can be great when you need money in a hurry, but some people are not eligible for them. Usually, online cash loans will not take credit rating into account, so if you have a poor credit rating this is unlikely to be the cause. Three things that can have an effect are the amount of time you have been employed, your income after rent and mortgage expenses, and whether you are self employed. Online cash loans are rarely available to the self employed and you will usually need to have been employed for several months in order to qualify. In terms of income, each lender has different requirements and the amount you may borrow will also depend on your pay when it comes to quick online cash loans.