How Payday Loans and Cash Advance Work
Speedy Payday Loans makes the lending process as simple as possible for our clients. In order to receive your payday loan (also referred to as a pay day loan or cash advance) all you need to do is:
1. Read and complete our online application form (remember, there's never an application fee). It’s important that you answer each required question accurately to expedite the approval process.
2. Your loan representative will contact you within a few minutes to confirm your details and complete the processing of your application. In some cases, it may be necessary to fax in certain documents to support the information you submit online.
3. Once approved, your payday loan is directly deposited into your account overnight.
4. On your due date, the loan amount plus the loan fee will be automatically withdrawn from your account.
Requirements For A Payday Loan
Qualifying is easy. There are no credit checks and you just need to meet the following minimum requirements:
- Currently have a job (or receive regular income)
- Make at least $1000 per month
- Are 18 years of age or older and a U.S. citizen Have a checking account
- Other requirements may apply
- Even bankruptcy, bounced-checks, charge-offs and
other credit problems don’t prevent you from
receiving the cash advance you need.
Payment Options
There are three payment options available for you:
1.You may pay the payday loan in full on the maturity date listed in your loan agreement.
2. You may pay the finance fee and a portion of the principle on or before the maturity date.
3. You may pay only the finance fee on the maturity date.
Apply Now!
Applying and qualifying for your payday loan is fast and
easy. Select the Apply
Now option,
follow the required steps, and you'll have cash in your account
overnight. |
