From an article describing direct online loans bad credit applicants may consider when in financial distress:
When asked to think about financial assistance, most people will envision walking into the bank and asking a financial advisor for a loan. While many of these institutions offer critical help to millions of Americans, they don’t provide it to every individual that walks through their door. They review applications according to strict rules and regulations, many of which restrict those with poor credit from applying. This process takes time to complete as you meet with advisors and submit supporting documents that are shared with other institutions. In some cases — like when you’re facing down an impending due date — you simply don’t have the time to wait.
Direct Lenders Are A Refreshing Alternative
Direct lenders have streamlined their rules and regulations to help those typically overlooked by conventional lenders. They still review you application carefully, but they don’t necessarily use subprime credit scores to reject your application. If you speak with the representatives at MoneyKey, they’ll you know what you need to provide. These reps may review your rating through other channels, but it’s not the only way they’ll determine your candidacy. It’s just one number amongst many factors they use to review your application…
Read the rest at: http://www.nuwireinvestor.com/direct-online-loans-support-works/