A 300 dollar loan with monthly payments is an instant credit that is granted almost without documents and strict requirements. Even people with bad credit history may apply to the loan and get the approval of their application. 300$ is an approachable sum, which is quickly granted in most of the United States. The sum is small, so you don’t need to have a credit report for the loan. The only thing required is proof for repaying the loan – an upcoming paycheck or any other source of income (for example, social security). The price of the loan is flexible and varies from state to state; it depends on the monetary policy of the state, where you take the loan. The credit period also varies, but the average period for the loan repayment is 31 days. Make sure that you are familiar with loans’ prices and credit periods of the state, where you take a loan.