Articles tagged: payday loan fee 

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Limits for Payday Loans written by Keith Hoyng
Payday lenders have limits. The loans contain requirements: you must be 18 to request for a payday loan, the borrower must have steady income with verification of source, proof of direct deposit and checking account, and the checking account should not be recently opened. A handful of lenders have more stringent requirements including rejections of bankruptcies, etc. The bulk of lenders will advertise claiming no credit checks to get a loan, nevertheless the lenders will apparently say the reverse, contradicting their advertisement, stating if you had recorded bankruptcies on your credit report in the within a year, or have more than one bankruptcy, you could be deprived of a loan. If the credit history doesn’t matter, then why say it doesn’t, when truthfully it does matter what your credit history details. Still, if your credit is less than satisfactory you probably can still receive a payday loan.

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