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Looking for a Payday Loan? We Can Help!Bryan Cushner
A payday loan is a short term personal loan that is repaid with a preauthorized electronic withdrawal for your checking account on your next payday. Payday loan works in a very simple way. We'll divide it into four steps to make the process more understandable: 1. Read and complete an online application form as accurate as possible. Remember: most payday loan companies don't charge for application fee. If you happen to apply at a company that nags you for this fee, stay away from it. Look for another one. 2. After complete and submit your application, some companies will let you know either you're approved or declined immediately, which is called instant approved. However, some companies will approve manually. In this case, a loan representative will contact you shortly to let you know the result. 3. Once approved, your payday loan will be directly deposited into your bank account within 24 hours. Some payday companies offer depositing in 1 hour, but they usually charge for a small extra fee. 4. On your due date, the loan amount plus the loan fee will be automatically withdrawn from your account. If you couldn't pay in full, you might contact the company to extend the due date. Getting a payday loan is easier and faster than getting a credit card because: • No Hassle Qualifying! • No credit checks, No faxing! • Instant online approvals! • Completely confidential! • Cash to you the next day or just in 1 hour! When applying for a payday loan, there are some basic requirements: • Currently have a job (or receive regular income) • Make at least $1000 per month • Are 18 years of age or older • Have checking or saving bank accounts Please note: each company has their own requirement. Some might be easier, and some might be harder than the others. However, if you're having these four basic requirements, the chance of getting approved is 99.9 percents. Payday loan application usually has four parts: Pre-Qualification, Personal Information, Employment Information, and Bank Information. • Pre-Qualification: Usually contains four or five questions that you could quickly answer with yes or no to determine if you're qualified for a loan and how much you're qualified for. • Personal Information: Here you fill out information about yourself such as home address, phone, date of birth, and so on. • Employment Information: The location that you're working at, how much your salary is, how often you get paid, and when your next pay date is. Your loan is usually due on your next pay date. However, you're allowed to extend it in case you couldn't pay in full on your due date. • Bank Information: Where you enter your bank name, routing number, and checking or saving number. On your due date, the loan amount plus the loan fee will be automatically withdrawn from your account. About security: most payday loan companies have Privacy Policy and they use 128 bit Secure Socket Layer (SSL) encryption technology to transmit files to ensure the safety of all application and financial information. The purpose of this site is to provide visitors information about payday loan. We've collected many Payday Loan Articles, which will help you to understand more about payday loan, to choose the right lender, and also to avoid the loan scam. If you have time, you could take a look at those articles. However, if you're in a rush for cash, you're welcome to go ahead and look for a payday loan. Our favorite lender is WeGiveCash, which is a popular and reputable payday loan company. The qualified applicant could borrow up to $1,500. They don't check credit history and no faxing needed. They're one of the payday lenders that offer the lowest finance fee, which is only $10 per $100. Instant approved and cash will be deposited within 1 hour. |
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