What is a Payday Loan?

Money against an income source that is typically repaid at the time of your next pay. Payday Loans are unsecured, meaning you don’t need to put up any collateral to take out funds, and interest is usually calculated as a flat-rate fee up front, called a finance charge. Payday Loan, often grant approvals even with a less-than-stellar credit score. To apply for a Payday Loan, you’ll need to:

Be at least 18 years old 
Have an open and active bank account
Have valid identification
Receive a steady income

 

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