How a Pro Handles a Payday Loan

August 11, 2020 | Emma Frost

 

Everyone, at some point in their lives, experiences the sudden need for emergency cash. With the high number of people living each month paycheck-to-paycheck in this country, many of us are one unexpected cost away from having our budgets overly strained. Because this is so common, many people find themselves turning to different loan options, such as payday loans, to get by.

If you've run into a situation where you need extra cash and find yourself searching for payday loans near me, look no further. Fast Payday Loans, Inc. serves several locations throughout Florida, ensuring that you're never far away from a payday loan when you need it most. Here are some of the ways you can handle your payday loan like a pro.

What is a Payday Loan and How Does It Work?

A payday loan is a short-term loan option that allows you access to financial assistance up to $1,000 in the state of Florida. The application process is simple and straightforward and is hassle-free, especially when compared to traditional bank loans. Most loans that are issued through the bank involve a lengthy credit check, which isn't helpful when you need fast cash.

Different Ways to Use Your Payday Loan

We specialize in getting you cash quickly – often on the same day that you submit your application! Once the funds are deposited into your account, you can use it as you see fit. Here are some popular things people spend their payday loans on.

1. Medical Bills

One expense that can send our budget reeling is a sudden medical bill. With the abnormally high cost of medical bills in the United States, it's easy to have our carefully planned budgets derailed by just a single bill. Instead of deciding between paying rent or paying the bill, a payday loan can help you afford both!

2. Home Repairs

One of the largest assets in our lives is our homes and when an appliance breaks down or the exterior takes damage during a storm, many are left struggling to figure out how to afford the repairs. When this happens, a payday loan might be just the thing you need to handle whatever damage comes your way.

3. Car Repairs

Another large asset in our lives is our cars. Cars are expensive in themselves and when damage occurs, the resulting repairs can be extremely expensive. Whether you need new tires or a new battery, payday loans can help you handle your vehicle and keep it running good as new.

4. Paying Bills

Payday loans, originally named for their intent to bridge the gaps between paydays, are an option that can help you pay your bills on time. This is helpful if you misjudged your monthly budget and want to avoid paying late fees on top of your already expensive bills. Payday loans are versatile – they can be used to handle any unexpected expenses that pop in your budget.

 

How to Get a Payday Loan Near You

Finding a fast payday loan near you is easier now than ever, thanks to the Fast Payday Loans, Inc. website. You start the application process by filling out a short application online that will match your location with your nearest store. Once you submit this, a representative will contact you to set up a meeting at the time and on the day of your choice. During the meeting, you'll be asked to provide a few pieces of information, which include:

  • Driver's license or state-issued I.D.
  • A blank check from the active checking account in your name
  • Your most recent pay stub
Based on the information that you provide, the representative will let you know how much money you'll receive for your loan. The funds will be deposited into your checking account and you'll be able to use it as you see fit! The best part about payday loans? They aren't dependent on your credit score. You can be approved for a loan regardless of your credit score and history. Whether you're a pro or a newbie, payday loans are there for you when other options fail.