Tuesday, March 22, 2011

Payday Loans Helps and Faqs

Are you looking for instant cash advance payday loans? Read the below faqs before going to apply for online payday loans

Frequently Asked Question - Instant Payday Loans

What is payday or advance loan?

It is the amount that assist your financially and fulfill your financial requirements.

What are the loan requirements?
Loan requirements are depends on location. If you are living in USA or UK then you must a citizen of that country. It is the first condition. But the requirements are minimum.

What is the amount that I can borrow or apply for?
It depends upon lenders. Most of the lenders provides $1000 to $1500.

Can I apply if I have bad credit?
Yes you can apply for payday loans if you have bad credit. The lenders will check telecheck to confirm if you have any payday loan that is currently outstanding. They never check your credit report.

Do I need to fax any documents for the loan requirements?
If you check the websites of the lenders you will find no fax documents payday loan option available. It also depends on lender. Very few ask for the documents. But most of them will provide quick loans without any documentation.

Can I repay the loan early?
Yes you can. If you think to repay then you do it without any penalty.

How do I apply for a online payday loan?
Its very easy. Just open a website that provides payday loan services in your city, read the loan requirement page and check whether you fulfil the requirements or not then fill the online form with correction information and apply online.

How long does it take to get approved?
If your application will be accepted then within 24 hours then the loan amount transferred to your bank account.

Is my loan confidential and personal data secure?
Yes, your loan is confidential and your personal date is secure. The lenders are using the latest technologies to secure the data.

Can I apply for the big amount loan?
Its depends on the lender where you applied for the big amount if they accept your application.

How I know if my application approved or not?
The lender will contact you by phone or e-mail within few hours. Usually they call you and inform you about the status of your application.