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Payday Loans for Bad Credit - 4 Qualifying Factors

Monday, January 26, 2015

bad credit payday loans are personal loans in which you borrow a limited amount of funds that you would be back on your next scheduled payday they are designed to be quick fix logs to help you out of emergency situations four key factors that will determine your eligibility for a payday loan are number one your legal credentials payday loans for bad credit usually require you to be at least 18 years or older have valid ID contact information and you should be illegal citizen of the country in which you've applied for the long number to your employment status lenders want to see that you are currently employed for at least 6 months alternatively if you are self employed or receive benefit income this may qualify you as well
number 3 monthly income payday lenders require that you earn a minimum of 800 to $1,500 per month to qualify anything less will be harder to qualify number for bank account payday lenders require you to have an active checking or savings account this town is needed for them to deposit your loan as well as for them to automatically draft your repayment when do

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