The loan qualifications for a payday loan are usually quite minimal. Applicants may only be required to provide basic information including information relating to personal identity and employment status. The first step in the application process is to complete and submit a loan application with all of the required information, as well as any necessary application fees. Once this application is submitted, the lender will usually review the application rather quickly and the loan may be approved in as little as 24 hours. However, different lenders will have different criteria for reviewing payday loan applications. Many lenders can process and approve applications received before 3 p.m. on the following business day.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Exclusive Sponsor

Ask a Question

Not finding the advice and tips you need on this Cash Advance Tip Site? Request a Tip Now!

Guru Spotlight

Susan Sayour

Ever wonder how you could make your life better and more fun? So have tens of millions of fans who have turned to LifeTips for answers over the past decade. We keep the tips, advice, books, podcasts and writing services flowing, so you can keep your life and business growing in the right direction. Upward!