Low interest payday loans are perfect for those times when you run out of cash several days before your next payday. We all have encountered financial emergencies that drain our pocketbook. Regardless of the reason why you are short, you want to get access to cash as quickly as possible. Payday loans can get you the cash that you need when you need it the most. Here are 4 benefits you need to know about these loans.
The loan application is completed online. You only need a computer that has access to the Internet in order to complete the application. The application is available online 24 hours a day 365 days in the year. You can apply whenever it is convenient for you. Once you submit your application, it will be electronically reviewed. You will receive a status in about a minute or two. You can immediately know if your loan has been approved.
Easy Approval Requirements
Our approval requirements for low interest payday loans are very simple. We require you to be 18 years of age or older. You must have a steady source of income. The steady source of income will come from a job for most applicants. If you have income from other sources like benefits or retirement accounts then we will consider this. The last requirement is that you have an open checking account. We require you to have an open checking account because we will deposit you cash directly into your account so that you have instant access to the money.
Low Interest Loans
Our loans are for a short period of time and they carry low interest loans. There will be a small fee applied to every loan. This fee is very small. The loans are designed to be paid back in just a few days or a week which is why they are low interest.
Bad Credit – No Problem
If you have bad credit, you may find it almost impossible to get approved from a loan from a traditional bank. They will not approve you if you have bad credit. We do not treat people with bad credit the same way. It is possible to get a low interest payday loans if you have bad credit. You can use this loan to start rebuilding your credit by making payments on time and paying off the loan in full when it is due.