What is an Online Payday Loan?
Is it a short-term financial help in the range from $100 do $1000 repaid the next time a borrower receives his/her paycheck. That means that the usual Term is between two to four weeks.
What is an APR?
APR stand for Annual Percentage Rate and it is how you can count the cost of the loan. The higher the APR the more expensive your financial help will be.
What do I Have to do to Qualify for a Loan?
In order to submit an application you will need to fill out our online application form. The requirements that all applicants ought to fulfill are quite simple:
- you must be of legal age (18 or above)
- you need to have a regular source of income (job, benefits ect.)
- you ought to have a valid bank account
Other factors influencing the approval of applications include income, credit history and state of residence.
How Does it All Work?
When you submit an application it is made available for lenders in our network. They compete for your business and so you are left with the best possible offer available online.
Do I need to fax any documents to you?
All information necessary to the lender need to be provided in the application form. Apart from that there is no need to provide any more information.
Is a credit check involved?
Some lenders operating in the network may want to perform a credit check, although not all of them do that.
Can I apply if I already have a loan?
Having previous debt does not necessarily mean that you will not receive a loan now. The importnt thing here is your debt to income ratio – if it is good enough you should have no problems receiving funds.
Is My Personal Information Secure?
The website uses a secure connection that ensures that noone can get access to your personal data. The operator of this website may only collect your information such as your email address and your name as long as you provide them in the appropriate fields.
How Much Does it Cost?
Using this website is free of charge. When you are approved for the loan the costs associated with it should be explained to you by the lender prior to signing an agreement.
How and When Will I Receive Money?
The website operates 24/7 also on holidays and so it depends when you submit your application form. In most instances the customers receive funds on the next day since submitting an application. Sometimes it if possible to receive money on the same day providing it is a business day.