First-time applicants can typically borrow 200-600. With each successful loan payoff, the amount you are eligible to borrow increases, and it usually tops out at about 1,000, depending on your salary. You need to have regular income to qualify for a payday loan, and you also need to have a working phone number. Most lenders also require you to have an active checking account, but some will lend you money if you have just a savings account.
In many cases, you can qualify for a payday loan even if you have poor credit, one quick cash loan many lenders issue loans without running credit checks on borrowers. How long do I have to pay back a payday loan. A payday loan is usually due on the date you receive your first paycheck after taking out the loan. However, some lenders require that loans be repaid within 14 quick cash loan in lagos, even if you get paid only once a month.
Other lenders may allow you up to 35 days to repay the loan.
Late payment, non-payment fees and other penalties may apply to both short term and online personal loan deals in case of missed payments. Please review your loan agreement carefully for information about the financial implications before you provide your electronic signature.
The costs associated with loans of up to 500 can range from 15 to 40 of the entire loan amount, quick cash loan in lagos the charges associated with loans of more than 500 can be even more. Your lender may also charge you late fees as well as fees for non-sufficient funds. As an example, your lender may charge you a 20 nonsufficient funds fee as well as 15 of the loan balance as a late fee.
Please review your loan agreement carefully for information about the financial implications of non-payment before you provide your electronic signature. Non-payment may involve debt collection practices as it is set by applicable law.
Did we mention that no fax is necessary either. How Does It Work. All you have to is fill out a one page form and you are ready to get some money deposited into your account. Prefer Telephone. Our customer service agents are happy to help you apply for your loan. It only takes a few minutes to be approved and your money can be in your account in just half an hour. We work hard to approve everyone and pride ourselves on approving almost everyone for a cash advance.