No Credit Check and Fax less loans applications in macon ga Go Now
This might be a medical bill or car repairs The reasons are endless but the fact remains that cash advances when used properly can be a great service Even if you have poor credit you can still qualify for cash advances making it a viable solution for those who may not have alternative loan avenues
Although cash advances are easy to apply for and receive for most consumers there are times when you may not be able to secure a cash advance So although most lenders do not pull your credit score andor report they may still not be willing to lend you money if you do not meet some basic requirements
Reasons you might not qualify
1 You are not employed full-time or youre employed through a temporary placement agency Most cash advances are reserved for individuals who earn a full-time living
This is an important aspect of a cash advance as it proves that the individual borrowing the cash advance has the means with which to repay the short-term loan Therefore if you are employed only on a part-time basis or work through a temporary agency you may not be eligible to receive funds through a cash advance
2 You dont make a minimum salary of at least $1200 per month Most cash advance companies in addition to requesting a full-time employment status also require that the borrower make a certain amount after taxes each month
Although this amount varies from company to company most cash advance lenders have an average minimum of about $1200 Again this is to ensure that the borrower is able to repay the cash advance loan according to the loans agreement
3 Youre paid less than twice a month Many cash advance companies may reject your application for a cash advance if you are paid infrequently usually less than twice a month
Since most cash advance loans are short-term loans you must be able to repay the loan within a couple weeks and to do this you will likely need a regular paycheck Since most cash advance borrowers are paid either on a weekly or bi-weekly basis getting a cash advance is usually not a problem
4 Youre not at least 18 years old A cash advance is like any other type of short-term loan which means that cash advance companies must abide by standard loan terms
A standard loan requires that an individual be of legal age to enter into the loan and a cash advance loan is no exception In order to enter into a legal contract you must be at least 18 years old which includes cash advance loans too
If you do not meet the minimum requirements outlined above you may not qualify for a cash advance However as long as you have a full-time job receive paychecks twice each month earn more than $1200 per month after taxes and are a legal adult then you should easily qualify for a cash advance
Thankfully with cash advances you do not have to worry about credit checks which mean that even if you have bad credit you can still obtain the cash you need quickly
Some things to remember when you get your cash advance
- Your cash advance loan is short term Meaning it is only meant to be in effect for a few weeks
- If you do not pay your loan back it will need to be rolled over This requires that you have the loan longer and are subject to more fees and interest
- Cash advance loans are for emergencies Though you dont need to provide the reason for borrowing at the time of application you really want to make sure youre not abusing the system and causing yourself more problems down the road
- Payday lenders are not scam artists The Truth in Lending Act protects you and there are ways to research if your lender is following all state laws
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