You must be 18, a permanent resident, have an active checking account and a regular source of income
Where is service available?
You can find it in the following states, but not every product will be offered. Before you apply, make sure that the product you want is available in your state.
☑ New Mexico
☑ North Dakota
☑ Rhode Island
☑ South Carolina
Are payday loans available in my state?
Dark Blue = Legal
Light Blue = Heavily Regulated
Gray = Prohibited
What is a payday loan?
What is a short-term loan?
This is a relatively small personal credit (up to $1,000) for 1-4 weeks (the terms vary depending on the regulations in different states). This credit option is associated with high acceptance rate, because the lenders secure it with borrower’s income. For this reason, many applicants may be approved despite their imperfect credit reputation and get access to this option in a relatively short time.
What does one need to be approved?
Qualification for short-term loans is simple. Lenders need only basic information about applicants to decide if it is secure to provide credit or not.
1. one needs to be a legal USA resident of 18 years old or more;
2. one needs to provide valid contact details;
3. one needs to be legally employed and have steady income;
4. one needs to have an active bank account for direct deposit.
It is possible that lenders will enquire more information about applicants (for example, to send pay stubs to prove income) individually. In this case, the procedures can take more time and involve additional procedures and paperwork (faxing or scanning).
Can a bad credit applicant be approved?
Some lenders in our network need to perform credit verifications with traditional credit bureaus, the others may just check if an applicant is not a bankrupt or has no outstanding debts with other lenders. In manycases bad credit or lack of credit will not impede applicants from being approved, because short-term loans are secured by the borrower’s income. Nevertheless, low credit score and insufficient credit information may influence the amount and terms of loan offers, provided by lenders.