Essential Tips for Qualifying for a Payday Loan Fast

Before you apply for a payday loan, make sure you can meet the requirements. The first step involves meeting legal age requirements. In many states, you need to be at least 18 years of age. If you're younger, you're not going to qualify.

Prove Your Identity

You're going to be asked to prove your name and address. For this, you need a valid ID, often a photo driver's license. If you don't have a photo ID, you may be turned down.

You'll be asked to provide a working phone number. Make sure you've entered the digits correctly. If they try to reach you and the number is invalid, you may delay receiving the cash you need.

Provide Salary Information

Most lenders want to see that you have a steady income and will be able to repay the loan when you next get paid. To prove you get paid, you'll need to provide a paycheck stub. If you can't do that, a bank statement showing regular income is an option. You will be asked for your employer's name and how often you're paid.

Setting Up the Means to Receive the Cash

You need a valid bank account number in order to receive the funds you're borrowing. Generally, this needs to be a checking account, but some lenders will work with you if you have a debit card.

Provide How You'll Repay the Payday Loan

You need to repay the loan on the date it's due. The lender will likely ask for your checking account number or a post-dated check. If you can't provide a valid checking account, you may not qualify. You'll need to discuss alternate options, such as a debit card number, but not every lender will accept those terms.

At 1Hour Fast Cash, we make it easy to apply for a payday loan. We'll help you find lenders who are willing to work with you. Let us shop around for the best rates and repayment terms and save you some time. Get started today by answering a few questions.