Is Collateral Required?
In regard to lending, collateral is defined as property or assets that are offered by a borrower to secure a loan or other credit. If the borrower defaults on the loan, the lender may seize the property in order to fulfill the borrower's obligation.
Collateral is not required for cash advances, payday loans, same day loans, cash loans and paycheck advances offered by our network of trusted lenders. You are able to apply for and receive a payday loan without having to offer property as collateral. This is one of many factors that make payday loans an easy choice when you need quick access to cash to help through a difficult time.
Payday Loan Information
We have included some information about basic topics related to this subject. Feel free to click on the links listed below to find out more about payday loans:
Will I Be Approved?
Payday Loan FAQ
How Much Can I Borrow?
How Does a Payday Loan Work?
Get started by applying for a payday loan today! Collateral is not required.