How It Works
Find out everything you need to know about low cost payday loans here. We'll explain who qualifies and how to get one.
Qualifying for Low Cost Payday Loans
Qualifying for low cost payday loans is easy. You just have to meet the following requirements:
- You are employed or receiving another source of regular income
- You are a U.S. citizen
- You have an active checking or savings account
- You are at least 18 years old
- Your bank account has a direct deposit feature
- You make at least $1,000 per month
Alright, so you qualify but now you should examine whether payday loans are right for you.
Low Cost Payday Loans in Five Steps
You can get low cost payday loans in five simple steps. Here's how it works:
- Fill out our free, online form. Click "start now" to fill out our short, online form. We will ask you for some basic employment, contact, and bank account information. You should be able to complete the form in two or three minutes.
- Get an approval decision quickly. Within moments of receiving your information, we will let you know if you've been approved for low cost payday loans, and, if so, for how much. The amount of your loan will largely depend on your income.
- A low cost payday loans representative will contact you. If you've been approved for your loan, one of our representatives will contact you via telephone to complete the process. The representative will review and verify your information.
- Your funds are possibly deposited into your account by the next business day. If you request a low cost payday loans during our normal business hours, you can expect to have your funds in your account by the next business day. You won't have to wait for checks to clear or anything-we will electronically wire the funds to your account overnight.
- On the loan's due date, repayment is automatically withdrawn from your account. When your loan comes due, the amount of the loan plus a reasonable finance charge will be automatically deducted from your account. Your loan's due date will usually coincide with your next payday, but check your consumer loan agreement for the exact date. We take care of everything on the due date, so repayment is truly no-hassle.
