How to Get Approved for Fast Payday Loans
Getting approved for Fast
Payday Loans can be easy
with the right information at hand. In order to make the approval process go quickly, be ready to provide one or all of the following. Having these items
will demonstrate to the lending institution that you possess the salary to
afford the monthly payments.
- Your credit report. The lender may order a credit inquiry but
knowing your own score is very important. This way you can
be sure that you are getting a low interest rate based on accuracy of your credit profile as well as your score. Before you apply for a loan, it is also important to ensure that
your identity has not been stolen without your knowledge.
- Legitimate employment. When applying for
Loans keep in mind that lenders
will not consider any application for approval unless you work in a job that is legitimate. For example,
you should be permitted to have a job the USA,
your salary should be accounted for on your tax returns, any employer
that is listed on the loan form should include
an actual address, not a mailbox number, and they should be able to confirm your first date of employment
along with how much money you make.
- Additional income that is verifiable, if applicable. If you are listing any other source of income
other than your salary (such as alimony or child support), this income must be verifiable.
Applicants must be able to show check stubs showing that income is being received
on a regular basis in order for the lender to consider
this income source during the approval process.
- Pay stubs. Although your employer
might be contacted by phone during the verification process, you will probably be requested to
give copies of your most recent pay stubs to the lender
before final approval. As long as you are truthful about how much money you make on your application,
you should have no problems with submitting your current pay stubs when the time comes.
- Tax forms. Depending on the amount and type of loan that is requested, you may need to
show your last year's tax returns.
People that are self employed are commonly asked to provide
tax returns for the last two years. This is so the lender can verify your income. However,
smaller loans such as payday
loans typically do not require these forms.
Generally, this information is only requested for larger
loans such as mortgages.
- Bills in your name. After you apply for certain
Payday Loans, you may be
asked to submit copies of a certain
bill like the phone bill or another
invoice that comes to your home. This is so that the lender can verify
your address. Do not be surprised if you are asked to submit
this type of information.
- A current bank account. Having a bank account
may be required by your lender for two
reasons. First, this another
way the lender can confirm your address. Bank statements are generally sent
to your house so this address should
match the address on the application. Secondly,
if you are a bad credit applicant, many
lenders will require you to have
a bank account that can be set up with an auto debit
every month when the payments are due. This way lenders have confidence that
your loan payment will be paid on time. Please note,
these debits must be pre-approved by you.
Fast Approval. The sooner you apply, the sooner
you can be approved.
Our partners service
one or more of these states: Alabama
• Alaska • Arizona • Arkansas
• California • Colorado •
Connecticut • Delaware • District
of Columbia • Florida • Georgia
• Hawaii • Idaho • Illinois
• Indiana • Iowa • Kansas
• Kentucky • Louisiana •
Maine • Maryland • Massachusetts
• Michigan • Minnesota •
Mississippi • Missouri • Montana
• Nebraska • Nevada •
New Hampshire • New Jersey •
New Mexico • New York • North
Carolina • North Dakota • Ohio
• Oklahoma • Oregon •
Pennsylvania • Rhode Island •
South Carolina • South Dakota •
Tennessee • Texas • Utah •
Vermont • Virginia • Washington
• West Virginia • Wisconsin
Loans can be obtained in a few clicks.
Click here for a fast quote.