there’s a great debate brewing online about the rise of payday loans, with many people weighing in on the subject. One of the rumors that anti-payday loan people try to spread is that it’s impossible to actually get a payday loan due tot he great Credit Crunch, a trend in financial credit circles that means that credit is harder and harder to get. Here’s what you need to know.

Yes, it’s true that lenders have closed off a lot of new loans because credit terms are drying up. However, that doesn’t mean that payday loans are affected by this.

The reason why is simple: payday loans are backed by your ability to repay, and the fact that you already have a source of income. What really caused the credit meltdown are loans being given to people that had no documented way to actually repay them. This caused a lot of defaults, which had an impact on the entire industry.

So when someone tells you that you can’t get a payday loan, you should definitely take it with a grain of salt. The truth is that payday loans don’t just exist, but they are truly alive and well!

Not sure how you can get your hands on one? No problem — you will need to make sure that you really take the time to go online and look for a site that really gives you the fastest way to get a payday loan. You don’t have time to wait 48 hours for lenders to get back to you — when you really need money now, the time is now to get it, if that makes sense to you.

The reality is that payday lenders love to grant loans because it’s very profitable to them. They want to make sure that they build a relationship with you so that they can get repeat business for you. Think about it — if you knew that you could apply to get a short term loan to cover things at the drop of a hat, wouldn’t you? Especially when you know that you’re also building your credit at the same time. A lot of people don’t realize that payday loans do often get reported to the credit bureaus. If you’re struggling to rebuild your credit and you know that you’re going to need a payday loan anyway, this can be something really great to have on board.

Overall, if you’re ready to get the money that you deserve, the next step is clear: apply for a payday loan online today!