A payday loan is a solution! Everyone has instances where they fall short on funds in between paydays. A loan can tide you over until your next paycheck. Anyone that has hit up friends or family for gas money until payday has taken this type of loan. Of course you can get a lot more than $20 to payday when you use a professional service that specializes in these type of loans. If you have never taken this type of loan you likely have many questions about the process and how it all works. Some of your questions may be listed below, take a look to see if this type of loan is a solution for your immediate need.
1. Should I be worried about my credit? No! All types of credit can apply. Your job and income is really what the focus is on for these types of loans!
2. How do I apply? You can apply right online! Unlike other lenders you do not have to show up in person.
3. How long do I have to pay back the loan? Usually one or two paydays, lenders vary.
4. How much can I get? You have to apply to see how much you are eligible for.
5. How long does it take to get the money? You can have your money in as little as 24 hours.
6. What documents do I need? Lenders vary but usually a couple of paystubs and some identification.
7. What hours can I apply? You can apply anytime day or night but your application will only be processed during business hours, so if you apply at midnight your application will be processed in the morning!
8. Do I have to have a bank account? Yes in most cases you will need to have a bank account to receive your funds.
9. Is there a limit to how many of these loans I can take? Usually lenders do not like to see more than one loan at a time outstanding but many lenders offer you a way to renew your loan.
10. Do I have to pay an application fee? NO, you never have to pay any fees upfront!
Many of your questions and concerns can be addressed by applying for a loan till payday. It is a fast process that can help to meet your temporary financial needs!