My Payday Loans Basics

Everything you need to know about My Payday Loans is here. We'll explain what my payday loans are, what you need to qualify, and how you can get one.

My Payday Loans Explained

Payday loans are relatively small loans with shorter terms that are designed to help cover emergency expenses between paydays. Payday loans are secured against your next paycheck. The amount of the loan is automatically deducted from your paycheck when it comes through. Payday loans are ideal for covering small but urgent expenses, such as overdue credit card bills, utility bills, car repairs, etc. Payday loans are a faster, more convenient, and more accessible alternative to traditional loans and credit cards.

Qualifying for My Payday Loans

You will just need to meet a few simple requirements to qualify for payday loans. Here is what you'll need to qualify:

• U.S. citizen
• Employed or earning regular income
• Make at least $1000 per month
• Have checking or savings account with direct deposit feature
• At least 18 years old
• Additional requirements may apply

My Payday Loans Process

You can get my payday loans in four easy steps:

1. Fill out the My Payday Loans online sign up form. First fill out our free, online form. We will ask you for some basic contact, banking, and employment information.
2. Get matched quickly. Once you fill out your information My Payday Loans will match you with a lender that best fits your needs.
3. A lender representative will contact you via telephone. If you're approved for my payday loans, then you are on your way to getting money..
4. Your funds are deposited into your account by the next possible business day. The entire payday loan process will vary from lender to lender.

Check out the next page for the reasons for payday loans.