Q:

How do you obtain a same day payday loan?

A:

Quick Answer

To obtain a same day payday loan, review the requirements, submit an application and receive the cash if approved. Individuals who meet the minimum requirements can receive cash in less than 1 day, notes Same Day Payday Loan.

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Full Answer

Same day payday loans can be a good option for individuals seeking cash on an urgent basis. They can also help individuals avoid overdraft fees or late charges, states Same Day Payday Loan. To receive this loan, do the following:

  1. Find out more about the loans
  2. Learn about the fees and penalties involved for late payment. Some of the minimum requirements for approval include being over 18 years old, United States citizenship, having a checking account, home phone number and being employed for the last 90 days.

  3. Submit a formal application
  4. Locate the application form on the Same Day Payday Loan website and fill in all required fields. Be sure to fill in accurate information.

  5. Wait for verification and approval
  6. The loan will either be approved or denied depending on the requirements. Potential borrowers are notified quickly if they are approved or denied.

  7. Receive cash
  8. Receive the money if approved, often within 24 hours. If anything else is required before approval, the staff will relay the information.

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