You may believe you can only get a loan if you have fair to good credit. There is a financial option that can help you even if you have bad or no credit. At Fast Payday Loans, Inc., we can help with a payday loan regardless of your credit score.

A payday loan is a short-term loan that bridges the gap between one paycheck and the next. When unexpected expenses arise, you can get a payday loan to stay on track with your bills while addressing the financial emergency that's presented itself.

 

Your Credit Score Isn't A Problem

We base our approvals on other factors rather than on your credit score. The most important factor is your income. We just want to know that you have the income to pay the loan back. Our decision is determined by your ability to pay back the loan.

We don't need to run your credit score because the loan is so short-term. The nature of a payday loan allows us to skip past the deep dive into your credit history. It also means the applications and approval processes do not take long to complete.

What You'll Need to Qualify

When it comes to payday loans, our representatives at Fast Payday Loans, Inc. know you need extra cash fast. All our staff members are highly trained to help you through the process and answer all your questions quickly. Most of our clients get their funds the same day they qualify for the loan.

You only need a few items to present during your application process. You must have your state-issued photo ID or driver's license, a blank check from your active checking account, and your last pay stub. You must be at least 18 years old to qualify, also.

How Much Can I Borrow?

The maximum loan amount on a payday loan in Florida is up to $1,000. The state legislature sets these limits. You should only borrow what you need for the emergency that's popped up.

A payday loan is meant to be an "as-needed" option to help in times of financial struggle. You also will not be approved for more than you can afford to pay back with your next paycheck. Your approval is determined by your income level.

Do You Report To The Credit Bureaus?

Just as we do not use your credit score as a determining factor in our approval decision for a payday loan, we also do not report to any credit bureaus or agencies about your account with us.

A payday loan does not affect your credit. That's not to say that it won't affect decisions made by other lenders. It's up to each lender's guidelines whether they would consider a payday loan when making determinations for borrowing.

What If I'm Late Repaying My Loan?

Even if you're late on your loan repayment, we won't report that, so it will not affect your credit score. If you know you are going to be late, you should contact us to speak to a representative who can help you establish a good timeline for getting the loan repaid.

While it won't affect your credit score, it could affect any future approvals for payday loans when you are late in paying your loan back or you don't pay it at all. That's something to keep in mind so you have this financial option available when you may need it again.

How Do I Repay My Loan?

You can repay the loan online. It's usually due on your next payday, however, it's best you check with your loan specialist about the terms of your specific loan. If you need more time to get the money together for the payment, contact your loan representative for help.

Online Payday Loans

You have the option to complete your application process without going to one of our store locations. If you'd rather do an online payday loan, it's quite similar to the standard payday loan. The big difference is you don't have to come to one of the physical store locations.

You'll submit your inquiry information online, speak to a representative who reviews your documents and situation, and then make a decision about your approval or not. Once you're approved, the specialist goes over the loan terms, and everything is finalized. Your funds are deposited either that day or the following business day.

 

No Need To Wait

If you're ready, just go to the top of one of our website pages and fill out the short inquiry form. You can submit that and we will contact you shortly after it's received.

There's no need to allow your finances to get off track because of unexpected expenses. If you have a job and you need a little extra cash without worrying about your credit score, then let's get you on your way to getting the help you need today.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.