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How Florida Payday Loans Work

When you are going through an emergency, payday loans can get you the money you need very quickly. If you need more information about how to get started, here’s the simple process of how payday loans work at Fast Payday Loans, Inc.

Our knowledgeable and friendly loan representatives will make sure to answer any of your questions and help you get through our quick and easy payday loan process. We want to ensure you know everything you need to know. So, if you are ready, here is how Florida payday loans work!

What Is A Payday Loan?

Before we go over the process, it’s important to understand the definition of a payday loan. A payday loan is a loan that helps bridge the gap between pay periods. So, let’s say you’ve already gotten your paycheck, but then you are hit with an emergency expense. Instead of waiting until you get your next paycheck – which could make the emergency worse – a payday loan can help you handle it. With us, you can get up to $1,000 if you are approved.

How Do Payday Loans Work?

Now that you know what payday advance loans are, here’s information about how payday loans work from us. Basically, you will fill out the online form, get the required items ready, and then come to one of our Fast Payday Loans, Inc. locations for an assessment.

If we determine you are approved, we’ll go over your paperwork, and you can get your money! It is that simple to understand! And, of course, we will break down our payday loan process in more detail, so we can make sure you are as prepared as possible when you come in for your appointment.

Step 1: Get The Required Items Ready

The first thing you need to do is get the items that we require ready. When you come to Fast Payday Loans, Inc., we will need to see:

  • your driver’s license or state-issued photo ID,
  • your most recent pay stub,
  • and a blank check from a checking account in your name.

Your driver’s license – or state-issued photo ID – allows us to determine that you are not a minor – since minors can’t apply for payday advance loans. You must be at least 18 years old. The other two items give us a clear and full picture of your financial situation and how much you could realistically pay back if approved. Without these items, we won’t be able to tell you if you qualify for approval, so make sure you remember to bring all three items.

Step 2: Give Us A Call Or Fill Out The Online Form

Now that you’ve understood how payday loans work and you’ve gotten your documents ready, you are set to begin the process! The good thing is the process begins right on our website or over the phone.

While the payday loan process does include an in-person meeting, you can get the ball rolling by either giving us a call or filling out the online form. If you choose to fill out the online form, you will send us your basic information and the form will go to the nearest Fast Payday Loans, Inc. location. From there, we will give you a call to help you continue to the next steps.

Step 3: Talk To Us Over The Phone

Whether you give us a call, or we call you, we will have to speak over the phone. This is a great time to ask any questions you have about payday advance loans or about the process in general. Whether you need clarification on the definition of Florida payday loans or you need us to go over the required items, this would be the time to ask. We will also go over where the nearest location is, and we will set up the meeting for you to come in. Again, it is important that you have the required items, so if you need us to go over them, make sure you ask.

Step 4: Come To See Us For Your Appointment

Once you’ve asked all of your questions over the phone, all you have to do now is gather your documents and head over to the nearest store location for your appointment. This is where one of our friendly loan representatives will personally sit down with you to assess your items. We will check your driver’s license or state-issued ID and check your financial situation through your active checking account and your most recent pay stub.

The good thing is this assessment should not take a lot of time at all. In fact, the entire in-person process should be as quick as 30 minutes – and by the end, you will know if you are approved and for how much money.

Step 5: Find Out If You Qualify For Approval

We won’t take long to decide if you qualify for approval, and if you do then we will sit down with you to fully go over our loan terms. These terms include repayment and what that will look like. This is another opportunity for you to ask any questions you still may have about how payday loans work. This could be things like “how will I get my money?” or any of the typical questions asked on the payday loan FAQ page just to make sure you understand everything. Once we’ve answered all your questions, you can sign the loan agreement and you’ll be all finished. You can get the money either on the same day or the next bank business day.

Additional Payday Loan Information You Should Know

After learning about the process of getting a payday loan, now there’s some final things you should know. When it comes to this loan, it is usually due to be repaid by your next paycheck. This means it is usually due in two weeks – since most people get paid every other week. Also, when it comes to the most recent pay stub, if you can’t show us that for whatever reason, we might be able to accept other sources of income. Just ask us and we can talk about your options.

Fill Out The Online Form Now To Get Started!

So, now that you fully understand how payday loans work, all you must do is simply fill out the online form now to get started right away! You can find the form at the top of this page, so we make it easy to do it now!

Payday Loans

Payday Loans

A payday loan can be beneficial for many things like home repairs or medical emergencies. In as little as half an hour, you could get approval for up to $1,000. If you need your cash as soon as possible, then do not hesitate to fill out an online payday loan inquiry form today!

Florida Payday Loans Inc

When you’re ready to get the emergency cash you need without all the hassles of a traditional loan, Fast Payday Loans, Inc. has you covered. It doesn’t matter what has left you in need of cash, because with a payday loan you could get up to $1,000 today.

All you need is the following items:

  • Driver’s License or State Issued I.D.
  • A blank check from the active checking account in your name.
  • Your most recent pay stub.

We also welcome all credit, so fill out our online request form and get started now!

All you have to do to start the process right now is submit our online request form on this page and one of our friendly store associates will call you right back.

Florida Payday Loans Inc