![Picture](/uploads/5/4/1/8/5418442/8357998.jpg)
If you want to enjoy guaranteed payday loans in an ailing economy, there are several approaches to consider but most lenders are usually hesitant in offering such loan deals unless they have calculated their good returns to consider it a low or acceptable risk loan. Guaranteed payday loans refer to the surety of giving you a payday loan when you apply for one. It is usually not a free-for-all deal when it comes to a guaranteed payday loan deal. The borrower of such loans is subject to certain terms and conditions. The lender might impose the condition of a higher interest rate for a payday loan to be guaranteed. This is because the lending companies must make sure that they will not make a loss during the bad economic times. It could be that they are taking advantage of consumers who may be badly affected by the economy as they desperately source for a payday loan. dig this