Many people who have bad credit rely on the use of instant payday loans when they are facing short term credit problems. Payday loan companies are doing roaring business due to the ease of availing their payday cash advance and if you have never applied for one but are thinking to borrow a 400 dollar payday loan, you may want to consider cash advance lenders with no fee.

Due to the competitive business in private loans, many payday cash advance providers are offering knock down rates for their online personal loans and even same day payday loans with no fee. The latter means that you will not be charge any interest on your first payday loan and other fees may be waived if you apply online, essentially making it a free payday loan with zero interest.

The catch is that you need to be a first-time borrower with the particular cash advance lender and able to fulfill the underwriting requirements.

Payday loans are not known to have low APR, so by taking advantages of these discounts and payday loans coupons, you can save quite a bit of money if you want to borrow 4000 dollars with bad credit.

Use the internet to search for BBB approved payday lenders with no fee and if you can find a cheap loan with low interest, study the contract to make sure there are no hidden fee.