You’ve just applied for a payday advance loan and you are waiting for your loan amount. You know that more than 99% of all loan applications are approved but a scant 1% of applications get rejected. You do not want this to happen to you especially during an emergency when you want cash badly. For this reason you want to know what you can do to make sure that your payday loan gets approved immediately. To help you out we’ve created this short guide that will help you understand the payday process. Follow the tips we have outlined to ensure that you do get your loan as quickly as possible.
Select a site that can lend to you — Lending sites only lend to citizens of their own country. As a result if you are an US citizen only a US payday site will lend to you. Make sure you check this before you choose a payday lending company and approach them for your loan.
Verify your eligibility requirements — Not all websites will have the same eligibility requirements. However the main requirements are simple. You have to be a citizen of the country you are staying in you have to be 18-years of age and over and you should be employed with a steady income. If you fulfill these basic requirements you will easily get a loan from any payday websites. https://www.paydaynow.net/ Check with the site to verify their other eligibility requirements.
Apply to only one website at a time — Payday loan websites are interconnected and they usually have a very strong hacker protection system in place. If you apply to multiple sites at the same time it triggers a security alert. The companies will automatically evict you from the site and ban your IP address. Apply to just one site at a time and make sure you follow this up with a phone call or an email to assess the progress of the application.
Fill in the online form properly- The only way that the company can get in touch with you is through your online application form. Most people make the mistake of filling the wrong details in to the form. As a result the company representative cannot get in touch with them and this leads to an automatic rejection of the application. Payday loan websites get thousands of applications per day and they usually try to approve applications in 2 hours. However if you make a mistake on your application the representative will just reject your application and move on to the next applicant. We recommend you fill in the form verify the form twice or thrice and then submit it to the company.
Keep paperwork ready- All loan applications have paperwork and so do payday loan companies. Keep your salary slip and bank account number ready. You may have to fax in the signed copies read the contract that is sent to you and sign it and send it back to them by email. If you keep the paperwork ready your loan application will go through that much faster.
The bottom line
Now that you know how to apply to a payday loan website make sure you follow our tips on how to approve your application quickly. Take your time and ensure that you have filled in the loan application correctly. Send in the application form and wait for the company to get in touch with you. Once your loan application is approved the cash will be deposited into your account and you can withdraw it and use it as you want. You can also read more finance related topics here.