Money when you need it most.
Qualifications for Payday Loans
Are you in need of cash fast? But, are unsure whether you qualify for a payday loan? The good news is that you can apply for a payday loan through a simple 5-minute online application process. In addition, ACE Cash Express does not require lengthy paperwork or an extensive credit history.
To qualify for a payday loan:
- You must be able to show a verifiable source of recurring income payments to ensure you will be able to repay your loan.
- You must have a checking or savings account that has been open for at least one (1) month before applying for a payday loan. California residents must have a checking account that has been open for at least one (1) month before applying for a payday loan.
- You must be able to be contacted via phone if verification of application information is necessary.
- You must be at least 18 years old to apply for a payday loan.
- You must provide a valid Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN).
- You must not currently be a debtor in a bankruptcy case or currently intend to voluntarily file for bankruptcy relief.
- You must reside in the US state where the loan application is completed.
- You must not be a regular or reserve member of the Army, Navy, Marine Corps, AirForce, or Coast Guard, serving on active duty under
a call or order that does not specify a period of 30 days or fewer or a dependent of a member of the Armed Forces on active duty.
ACE Cash Express will not sell your information to third parties or request the reason why you need a loan. You will receive an instant decision upon completing your application. If pre-approved, you will have the option to verify your application information via phone or by using our online Express Verification Service. The choice is yours.
Considerations for Payday Loans
Payday loans should not be used as a long-term financial strategy. Payday Loans are designed to assist you with short-term financial needs. If you require additional time to repay your loan, you may want to consider our Installment Loan product before applying for a Payday Loan.
If you decide a Payday Loan is right for you, remember to use your loan wisely. These loans are not suited for every situation and taking out a Payday Loan for anything other than necessities could put you in a worse financial situation than prior to taking the loan. Be sure to weigh your options before applying.
More questions? Call an ACE Cash Express representative today at 1-866-355-6815 for information about application procedures and loan qualification.
Every online loan comes with a 72-hour Satisfaction Guarantee. So, if you change your mind about your online loan, just return the principal within 72 hours and pay nothing more.
Category: Payday loans