How It Works
Applying for a payday advance is simple and convenient; the best thing about this type of loan is that you can access it from the privacy of your home 24-hours a day, and the application can be finished in minutes. The amount that you can borrow is between $100 and $1,500 because this is a small, short-term loan.
You have to meet the following criteria in order to apply for a payday advance:
- You have to be an American citizen or a permanent resident.
- You have to be at least 18-years old.
- You are required to have a valid email address, a personal and work phone number.
- You must have a bank account in your name.
- You need to be employed for at least 90 days and have an income of at least $1000/mo. after taxes.
Before you apply for a payday advance, it is useful to know and understand the process. You should go to PaydayNow.com and start your application. In order to complete it successfully, you need to enter the following information: the amount of money you wish to borrow, your full name, your ZIP code and email address. You will also add relevant information such as your current address, how long you have you been living there and if the property is owned or rented. Information like your date of birth, driver’s license number and social security number also is required to prove you meet the conditions. Enter your personal phone number and the one from your work and specify when you are available to be contacted. Finish the application and submit it.
After you submit, PaydayNow.com combs our network of reputable lenders and creates a list of lenders who meet your needs. You can compare the rates and fees of all the lenders and select the offer with the lowest costs. Afterwards, you are sent to the lender’s page where you discuss the terms of the contract; if you agree, the contract is completed with your e-signature. Finally, funds are transferred into your bank account within 24 hours. Your lender may require you to submit proof of income, such as recent paycheck stub.
No Credit Check
A payday advance is available for people with a bad credit history because it does not require a previous credit check. All you need is to be regularly employed in order to be eligible.
Instant, Secure and Private
The application you submit is 100 percent secured because PaydayNow.com uses state-of-the-art Internet encryption technology that insures your security and privacy. Moreover, it is instantly received and sent to the potential lender. The lender may ask you to fax or scan additional information such as your pay stub. You will also be informed by the lender about the terms, rates and fees of the loan.
Money Transferred Into Your Account
After the contract is completed, the money will be direct-deposited into your bank account where you can access it within 24 hours.
Automatic Repayment Option
The loan and its fees will be automatically transferred from your account on the repayment date of your payday advance.
Necessary Steps
Go to PaydayNow.com and fill out the short online application, choose your lender, sign your e-signature, then get your money the same day.