Payday loans online - what can be more convenient than this?
How to define that payday loans online are exactly what you need at the moment?
Nowadays you are offered a great choice of different services and various financial products are among them, we offer you the really working method of solving your short-term problems with the help of getting our payday loans online.
This kind of loan is suitable for people in need of quick extra money till the next salary. Some companies may offer you to come to their office and to bring all necessary documents but we are going to offer you much more convenient way of getting your money without going outside.
To apply for our online payday loans everything you need is your computer or any device with the Internet connection and several minutes to fill out our very simple application form. After that we are not going to make you wait for a long time to get the answer which is in most cases is positive.
You will get your online payday loan instantly within one day with the only possible exception like holidays. Money will be deposited straightly into your bank account.
What information do you need to provide your lender with?
We are not going to make you gather a lot of document in order to obtain our payday loans online but there is a list of some necessary information that must be provided for us as your loan lenders. Please, get acquainted with the following points if you have an intention to apply for our payday loans online:
- Passport as the main document of your identification and proof of your age which mustn’t be less than 18.
- Document proving the presence of your steady source of income where your salary or any other source. But being employed at least about 3-4 months gives you an advantage because it can be our guarantee of your repayment.
- Social security number and valid government ID.
Why you can have difficulties applying for REALoans payday loans
You won’t be eligible of getting our payday advance only in such cases as:
- if you are a bankrupt at the moment.
- if you are an active member of the military service.
- if your income depends on your spouse who is a member of the military.
- if you are unemployed and don’t have a dependable source of income.
As you can see there are not so many reasons of not to be approved.
What is the best thing about payday advance?
As well as other traditional credits our payday loans have some requirements that should be met but they offer you a great advantage that must be taken into account while choosing between standard banking products and our payday loans online which have the one difference that is very important for people who have faced some unpleasant situations which require looking for instant solution. The entire process of receiving money takes little time compared with traditional banks. ReaLoans.com are going to process your information and approve you as an applicant for our payday loans online within a short period of time to save your time as we value our customers and try to organize the whole approval process in order to support you when you need this most of all. Financial crisis shouldn’t scare you any longer because our guaranteed payday loans online will always provide you with the necessary sum of money.
How to repay your payday loan
REALoans have developed a very convenient system of repayment when there is no need for you to go anywhere to make your repayment due to date that had been stated in your contract. You should follow the repayment schedule which is agreed by both sides: a lender and a borrower while the application process is taking place and then it is written down in your agreement. If you want to reduce charges you can pay your loan earlier.
How much money you can borrow
As it is a short-term loan, online payday loans are usually given for two weeks and should be repaid by your next pay day. Due to the small period of time that our payday loans are intended to support you, the amount of money that can be given varies from 100 $ to 1000$ or maximum 1500$. You can ask us what will be the determining factor in your case. The principle of giving money is very simple and depends on the amount of your income per month. If you are our permanent client with the good credit history you will have some privileges in being able to apply for larger sums of money because we have already cooperated and got your repayments on time. If you haven’t been the client of our lending company before and you don’t earn enough to pay the loan back on the due date then we are going to suggest you to be granted a smaller sum of money.
Is a bad credit history an obstacle on the way of getting instant payday loans online?
If you have some problems with your credit score you shouldn’t panic because our company is ready to provide you with the necessary amount of money within the limitations that have been already mentioned above because we are interested in your present situation more than in your past experience.
If now you have a steady source of income and feel safe choosing our payday loans online then you shouldn’t worry about not having the possibility to be approved. All of us are not perfect and your imperfect credit reputation is not a reason for us not to allow you to qualify for our payday loans online.
How much time do you have to pay your payday loan back?
The most common situation is having a due date that was fixed including the charges. Arranging an installment payment means that you are going to pay percent of the whole amount at the fixed date every week or bi-weekly or even monthly. Deduction of payment can occur straightly from your account. To make your repayments more convenient we have developed the automatic system of withdrawal of the borrowed amount of money plus interest rate for the used period of time from your bank.
What to do if you failed to repay the loan
If you can’t recompense the borrowed sum of money on the due date the first thing you should do is to contact your payday loan lender. We are always ready to consider your personal situation and to offer you the most suitable ways out. You have two variants whether to renew or to extend your payday advance. Failing to repay your payday loan online on time without renewing it will result in additional fees and increase of interest rate. In order to avoid bad impact on your credit history the better thing you should do is to refer to your lender and to choose some the rollover options.
Payday loans online can improve your credit rating as well as have a negative influence. The possible result will depend on your actions.