Unexpected expences? Don't wait pay day. Recieve money up to $1000


Payday Loan Requirements

Just about all payday loan lenders require you to have an active bank account open for at least 90 days. These lenders could also acquire you to make at least $100 dollars per month, and must be at least the age of 18 years old. Some lenders want you to have a direct deposit for your account and a steady job for approximately 1 year.

Most lenders won't approve of this loan if you have filed bankruptcy in the past 12 months or multiple times on your credit report. This may be conflicting, because the majority of the lenders don't require a credit check. As a repercussion, you ask how will the lenders find out whether or not you have filed bankruptcy if there is no credit check involved?

The lenders may disapprove the loan if you have held your job less than a year, or if you are on unemployment. It is also possible to get a loan denied if you have outstanding loans pending, or unpaid checks.

If you have just acquired a brand new account, a lender may refuse your request for a payday loan. If you make less than what is required for a loan or have outstanding overdraft charges on your bank statement the lenders may not grant you the loans as well.

Another reason for a denial of a payday loan is that if your references come up invalid, the firm cannot certify your information, and could cost you the loss of the loan.

A small amount of lenders may not qualify you for a payday loan if you draw disability or welfare checks. Some lenders may grant you the loan if you are on disability or welfare but the fees are most likely going to be higher.

The bigger franchises will allow you to pay this loan back in 14 days or even 18 days. If for some reason you can't come up with the money by the payment due date, the payday loan provider can roll the loan over, and make you pay their fees, along with the price of the payment onto your next pay date.

For some reason if you do have checks pending, late fees, over drafts, automobile repair fees, etc, there is a possible chance to get a $200 dollar cash advance if needed, would be in your best interest to inquire about this option.