Congratulations! You have decided that a payday loan is the right path for you. Now, the next step will be to find a company, bank, or other lender who offers payday loans. Once you have found the lender who is right for you, you can apply for your payday loan.
So, what is oftentimes the quickest way to apply for a payday loan is to apply for a payday advance online because you receive instant approval, and the money you need, within minutes.
You may be wondering: How long will it take to get my payday loan after I apply for the loan and become approved? As long as you meet their requirements, can prove your identity and ability to repay the loan, you will have money in your pocket quickly. Here’s how to apply for a payday loan.
All companies require you to fill out their application for payday alternative loans online. In general, they all ask for the same types of information. To streamline the process make sure you have those documents on hand. You also need to be able to upload those documents, so if you do not have a scanner you must find a way to get a copy of your documents converted. If you have an iPhone then there is a feature under the NOTES app that allows you to scan a document. Simply send this to your email address, and download to your desktop.
You will also need to have your bank account information on hand, including the account number and routing number. This is so the lender can directly deposit the funds into your account.
If you prefer to apply in person, many payday loan companies have storefronts where you can apply and hand in your application in person. Call before you go to make sure they are currently accepting walk-ins, or if you must have an appointment.
As you would online, your application is approved within a few minutes and the money is issued to you on the spot. These same day pay out loans make getting money for the things you need pretty easy.
Those not wishing to share the personal banking information can simply fill out a personal check for the full amount, payable to the loan company, and dated for sometime in the future. Many small payday lenders will accept this instead of a banking account routing number or account number.