Need Money Now? Consider a Payday loan

Need money now? A payday loan might be just what you need. This is a type of a loan, which can range from 100-1000 dollars, payable on the next borrower's payday usually in two weeks. They are meant for short-term use only and they become very expensive if a borrower renews them by failing to meet the original repayment date. Most people above 18yrs and having a permanent job qualify for the loan. They take a short time to process and the application procedure is usually much simpler than applying for a bank loan. If you need money now through payday, here are the requirements.

A form of identification: As an applicant, you must present your identification document. A drivers license, national identity card, valid passport or a green card are accepted forms of identification. For any questions or clarifications, one is advised to call the payday loan office.

Payday customers must show proof of full-time employment. Some lenders set minimum salary requirements. In case you are unemployed, payday lenders may approve your loan if you have other reliable sources of income or if you are a recipient of social security benefits.

You must also have an active checking account that has direct deposit from your employment. This is because as a borrower you have to provide a check in, signed and with the amount applied for plus the finance fee. On the borrower's next payday, the lender can present the signed check to the borrower's bank to collect his money. In case you change your mind after obtaining the loan, some lenders allow you to rescind the money in full but within a limited time usually the close of next working day.

Make sure you carefully read the 'Truth in Lending' forms provided by the lender. This tells you the exact cost of the loan. Read slowly to capture any hidden charged. The lender must ensure you have enough time to read and understand the contents.

In some states, you may not borrow from a payday dealer if you have an unpaid loan with another dealer. In others, a given time must elapse since your last repayment in order to qualify for another loan.

Application can either be online or by visiting a payday outlet. In online application, you simply fill a form and within 60 seconds, you get the results. A customer care agent then calls you with the number provided to confirm your details. Once your application is approved, the cash is deposited into your active check account and your cash is available 24 hours after the approval. Make sure you have all the required documents before starting the application. This will save you time and minimize errors on your application Payday might be the best way to obtain money now.

Get Started!

By clicking “Get Approved Now!” you affirm that you have read, understand, and agree to our Disclaimer, Privacy Policy and Terms of Use, your click acts as your electronic signature, and you authorize us to share your information with lenders and others that might use autodailers/prerecorded messages to call or text you on your mobile device.