How to Qualify for Cash Advances Online
Posted on Thursday, August 26th, 2010 at 11:39 am in General Payday Loan Tips, Helpful Payday Loan Info
Here are some tips for our customers to qualify for online cash advances:
1. Meet the basic requirements. Before you can qualify for a cash advance online, you must be a US citizen at least 18 years old and have either a checking account or savings account with direct deposit for your lender to wire cash in 1 hour. You will also need a reliable source of income, either from your job or unemployment benefits or a retirement account. Some payday lenders require cash advance customers to earn a minimum monthly salary, so check with your lender to make sure you meet all of their basic qualifications.
2. Don’t borrow more than you make in a month. Depending on your payday lender and state regulations, up to $1,500 may be available to borrow, but if you apply for more than you make in a month, your payday lender will likely reject your application. Keep your cash advances at or below the amount you earn in a month for guaranteed instant approval.
3. Repay your other cash advances before applying for another payday loan. Several states have regulations against customers borrowing more than one or two cash advances at a time before an existing cash advance loan is paid off. For your own financial health, you should pay off an existing cash advance in full before applying for a new one to keep yourself from accumulating unreasonable debt.
It’s easy to qualify for the fast cash you need online. Make sure you understand your payday lender’s requirements when applying for a better chance of instant approval.
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How it Works
Complete the short form.
We match you with a lender based on their requirements and direct you to their website.
The lender will then display loan rates, terms and conditions for your acceptance.
Cash is directly deposited to your bank account after approval.