Do I Qualify For A Payday Loan?

Payday loans are generally the easiest type of loan to get...unless you are getting a loan from family or friends. You normally don't need collateral. You also don't need good credit. In fact you don't need any credit. Qualifying is easy. Though all companies have slightly different qualifications these are general guidelines.

You should be able to get a payday loan if you:

1. Currently have a job (or receive regular income). Most companies will accept benefit payments also. Compare payday loan companies. If you do NOT have regular income check the ads on this page since new companies show up every day with different requirements.

2. Make at least $800 per month. Some companies will accept lower, but the amount you can borrow will obviously be less.

3. Are at least 18 years old. You have to be legal age to borrow money.

4. Are and a U.S. citizen. If you are NOT a US citizen check the ads on this page since new companies show up every day with different requirements.

5. Have a checking account. The company needs a place to deposit the funds. And they will automatically withdraw their payment when your loan is due if you do not renew or extend the loan.

6. Are not on military active duty. If you are in the military check the ads on this page since new companies show up every day with different requirements.

7. Some companies have additional requirements.

Even bankruptcy, bounced-checks, charge-offs and other credit problems don't have to prevent you from receiving the cash advance you need. 

Related Topics:

Compare Payday Loan Companies

Questions To Ask Your Payday Loan Company