Categories: FeaturedLifestyle

10 Things You Need to Know Before Getting a Fast-Cash Loan


Photo by Andy Nguyen

You Must Have Verifiable Income

For a payday loan you will need to provide paycheck stubs and bank statements to show your ability to repay the loan. If you receive disability or social security income those statements will be required to prove you have income. Some payday loan companies also accept self employed individuals, but you may have a harder time proving that you have steady income.

Expect to provide your tax return, any 1099s that you have, and contracts from current clients.In addition to jobs and disability pay, fast cash lenders may be willing to consider other forms of income such as child support or alimony. You may also be able to count monthly payments you receive from small claims court.

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