Payday Loans

Payday loans are short-termed, high interest loans directed to the public that is looking for some extra money until their next payment. Payday loans are also called “payday advance” or “cash advance” because of the procedure to apply and pay this type of loans.

Requirements for a Payday Loan:

• Make at least $12000 per year
• Be 18 years of age or older
• Have a job or receive regular income
• You may have a special bank situation, but you may still apply for a payday
• Not to be an active member of the military
• Depending on the lender, other requirements may apply