Payday Loan Tips

1. You Should Only File One Application At A Time
Find a payday loan company you want to work with and stay with them. Each payday loan application may be reported, and if you have multiple payday applications in at the same time, they might all be declined!

2. It's Better To Apply Early In The Week
You should get all of your payday loan application information in between Mondays and Thursdays. Many of the payday lenders are closed on the weekends so applications submitted on Fridays might not receive their fast payday loan until the following Monday. 

3. Be Sure Read All The Fine Print
Make sure the payday lender's web page has Security and Privacy policy clearly stated and visible. This will inform you of the payday lender's policy regarding your application information.

4. Do Not Apply IF You Do Not Meet The Requirements
The requirements for your payday loan should be posted on the payday lender's website. These requirements usually include a recurring income of at least $800 a month, a valid checking account, and recent copies of your bank statement and pay stub. If you do not meet the requirements this will just delay the rejection.

5. Check Out The Payday Lender Carefully
Make sure that all payday loans are made by a bank or a licensed lender. You should be able to find this information on the payday website's home page or you might find it on the application. 

6. Don't Pay Upfront Fees for Your Payday Loan
Never use a lender who charges up front fees just for processing your payday loan application.
Up front fees are usually a bad sign in any kind of business dealings, but even more so when dealing with Payday Lending. Besides if you had extra money you wouldn't need a payday loan anyway.

7. Security And Privacy
Make sure the payday loan application submission page includes a SSL (Secure Socket Layer) certificate. This means that your financial information is being securely transmitted over the Internet. Also read the privacy policy to make sure your personal information is not going to be shared. Check the payday loan lender's website for a Terms of Service or Privacy Policy and then thoroughly read through the information. 

8. Contact Information for Your Payday Loan Company
Every payday loan lender should have their contact information clearly posted for you, including phone number, email address, and physical address, on their website. If you can't find this information, look somewhere else for a payday loan officer.

9. Be Honest
Fill out your payday loan application accurately and truthfully. You will be declined a payday loan if you have exaggerated the facts on your payday loan application. Telling the truth gives you a better chance of getting a cash advance.

I M P O R T A N T !

Your Credit Score It's very important to know what is on your credit report. These days you can get that info instantly online. Don't think that a mistake can't be on your credit report. I found a $5,000 mistake on mine! After I contacted them through the proper channels, the $5,000 charge off, that wasn't even MINE, was removed from my credit report immediately. I don't know who it belonged to but it was showing up on "my" credit report and I never knew it until I signed up to review my credit report. Click HERE to see what is on your report and your current credit score. You should do this before you ever even apply for a loan!