What are the basic requirements to qualify for a payday loan?

What are the basic requirements to qualify for a payday loan?

linkremoval Trainee Asked on November 6, 2014 in Financial Services.
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1 Answer(s)

There are lot of requirement by various bank and credit company. However some common requirements are as below:

  • You must have steady income to qualify for a payday loan.
  • You must be able to show a verifiable source of recurring income payments
  • Checking account information (account must be in your name)
  • ID number (You must meet minimum age requirements, 18 in most states)
  • Checkbook, debit card, or banking account information
CA Mohnesh Kohli Trainee Answered on November 6, 2014.
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