From online loan application filling to getting money into account, everything is simple, quick and hassle-free even for bad credit score holders. We have simple requirements for those seeking an instant loan online:
- The borrower has to be at least 18 years old
- One must have a savings or a checking account with the bank
- It is also required to have a legal source of income which can be verified
- Valid personal ID must be present
While filling the application, the borrower has to share personal information like name, residential address, employment history and contact number, bank account details etc. Additional information might be requested by the instant online loan lender.
Employment details are taken into account for timely disbursement of funds, account details are required to forward and receive funding. With the verified account details, processing of your instant loan becomes transparent, painless and fast.
A payday loan borrower can get instant online loans of any amount from $100 to $1,500, even $3000 and more 24/7. In comparison to small bank loans, there are less formalities and paperwork with instant payday loans even with bad credit. Moreover, unlike bank loans where the borrower has to wait for at least a week to get approval of the loan, with instant payday advance it takes just 1-2 days at most from application to funding.