Good Questions to Ask for Payday Loans
Online cash advance are a great and quick solution to your short term money problems. However, if you have only heard of payday loans but are unsure about what they are or what they do, there are some vital questions that you need to ask. You should never sign a payday loan contract without understanding everything that is in the contract. If your lending institution cannot properly explain to you what is stated in your contract, then it is better to move on to another lender who respects you as a borrower and wants to help you. The first question that you should ask is who is eligible to take out a payday loan. You may have terrible credit or unemployed, can you still receive a payday loan? A poor credit report will not prevent you from being denied. In fact, these loans are made for people who have a difficult time getting a loan from traditional sources. your credit history will not be asked for at any time during the application process. You must be fully employed or be on social security or another type of government system which provides constant, monthly payments. Other requirements are:
- to be older than 18
- a citizen of the U.S.
- receive a minimum salary (starting at $800, each lending institution is different)
We will be able to give you access of up to $500 and your credit does not mean a thing to us. You will receive instant approval with an active bank account, a steady job and proof of your age. You must be 18 or older to qualify. Learn more about payday loans on our site before applying.
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