High Risk Loans

Easy Payday Loans for Bad Credit

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Fast Online Instant Approvals

Fast Online
Instant Approvals

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No Prepayment Fees

No Prepayment Fees

Flexible payments

Flexible payments

Loans with Guaranteed Approvals available to High Risk Borrowers

High Risk Loans

Central Payday is here for all high-risk borrowers. We have loans that guarantee approvals subject to the eligibility of the borrower. So, as long as you qualify for it, you shall certainly get an approval for it. And better yet, we offer both high-risk payday and installment loans that are available to bad credit borrowers via our fully online lending process.

What is a High-Risk Loan?

Generally speaking, a high-risk loan is any loan where the risk related to the lending transaction is considered high. So, personal and business loans that are available with lesser verifications, simpler formalities and/or to bad credit borrowers, are considered high-risk loans.

At Central Payday, we provide short-term personal loans (payday and installment loans) for high-risk borrowers. These loans feature:

Are High Risk Loans and Bad Credit Loans the Same?

With regards to short-term personal loans – be it payday or installment loans – bad credit loans as well as high-risk loans can often be regarded as one and the same thing. Both have much in common and well-reputed direct lenders offer such loans with similar features.

Can I Get Guaranteed Loans for Bad Credit?

When you need a loan which comes with surety, you may have a great choice readily available to you right here. At Central Payday, we offer loans to bad credit holders as well since we do not believe in considering one’s past financial situation in order to qualify them as an eligible borrower in the present. What we do rely on instead is for them to have a stable monthly income which shall be the basis of qualifying them as a trusted borrower with us.

Why do People Choose Online Direct Lenders over Store-Based Lenders?

The reason why majority people opt for online direct loan lenders over store-based ones is because of the fact that the former are way easier to access. One can apply for a loan with them at any time of the day or night depending upon their own convenience without having to worry about visiting them during their “opening hours”. Also, the fact that one doesn’t have to stand in long queues waiting for their turn is an advantage and saves time.

Are Installment Loans Also Available to High-Risk or Bad Credit Borrowers?

Yes, they are. One can easily get an installment loan from an online loan lender irrespective of his/her bad credit rating since online loan lenders do not rely on credit ratings in the first place, which is why they do not conduct hard credit checks. The second reason why conducting hard credit checks are out of the picture is because they take a long while to process which defeats the purpose of offering funds as soon as possible.

How Can I Apply for a High-Risk Payday Loan?

Applying for a high-risk payday loan from Central Payday is a simple process. We shall need these details/documents to assess your loan eligibility:

Simply hit the “Apply Now” button and you shall be directed to our convenient online loan application form that shall get you started!

Why wait for your next payday? Central Payday gives you instant access to money. Apply for a high-risk loan and get funded easily, despite even a bad credit performance.


Consumer Information

*THE OPERATOR OF THIS WEBSITE IS NOT A LENDER, does not broker loans to lenders, and does not make cash advances or credit decisions. This Website does not constitute an offer or solicitation to lend. This site will submit the information you provide to a lender. Providing your information on this Website does not guarantee that you will be approved for a cash advance. The operator of this Website is not an agent, representative, or broker of any lender and does not endorse or charge you for any service or product. Not all lenders can provide up to $1,000. Cash transfer times may vary between lenders and may depend on your financial institution. In some circumstances faxing may be required. This service is not available in all states, and the states serviced by this Website may change from time to time and without notice. For details, questions, or concerns regarding your cash advance, please contact your lender directly.

Terms such as “guaranteed approval”, “same day loans”, “instant approval”, “bad credit ok”, “one hour deposit”, “instant deposit”, “no credit check”, “second chance loans” etc. are only indicative. Certain conditions, federal or state laws, and safety considerations may require the loan approval and/or disbursal process to deviate from what such terms may imply. All loan products are subject to various terms and conditions and parts of the lending process may be subject to system limitations and third-party verifications which can cause time delays and loan rejections. Some restrictions may apply.

Short-term loans and cash advances are meant to provide you with short-term financing to solve immediate cash needs and should not be considered a long-term solution. Residents of some states may not be eligible for a cash advance based upon lender requirements. This service is not available in New York or to New York borrowers due to interest rate limits under New York law.