Where to Find Online Payday Loans from Direct Lenders
June 3, 2021 | Mason Roberts
Do you have major bills to pay before your next paycheck arrives? Are you at risk of being charged late fees or having your credit score damaged as a result? Those things can happen to anybody, but they don't have to ruin your financial future. Perhaps you should consider getting one of the online payday loans direct lenders provide in your area.
What You Should Know about Payday Loans
A payday loan is simple. It's a secured line of credit that uses your upcoming paycheck as collateral for immediate cash. In Kentucky, for example, qualified borrowers can get as much as $500 in advance emergency money by choosing the online payday loans direct lenders offer. Best of all, a perfect credit rating isn't even necessary.
The average American consumer has a modest credit score of around 710, but most people have less than $3,000 in savings for unexpected expenses. That makes getting loans difficult, especially if you approach traditional banks for cash. Instead, the online payday loans direct lenders provide can bring solace to an otherwise bleak situation.
NOTE: You must be at least 18 years old to get approved for a payday loan in the state of Kentucky.
3 Reasons to Get the Online Payday Loans Direct Lenders Offer
We all make mistakes with our money, but even when we don't, bad things can still happen. Whether we like it or not, predicting the future is impossible. Plus, planning can only get us so far. That's why these are the top three reasons why people need online payday loans from direct lenders:
1. Simple Application Process.
While traditional bank loans require long waiting periods, you don’t need to worry about losing a lot of time with payday loans from direct lenders. The application process is fast and easy, and the requirements are really easy to meet. That’s why it can take as little as 30 minutes to get a payday loan from start to finish.
2. Your Situation Could Get a Lot Worse.
If you don't act fast enough, those late fees could turn into negative marks on your credit report. That, in turn, could make it more difficult to get a traditional bank loan when you need one. This, instead, helps you stay afloat.
DID YOU KNOW: Just one late payment or charge-off can drop your credit score by as much as 20 points.
3. You Might not Have the Time to Travel.
When money is low, the last thing most people can afford is to travel around town looking for cash. They usually need something more convenient, so online lenders are essential.
Considering all that, it's no wonder why most people panic when their bank accounts get too low. One bad day can cause many years of financial stress, so one good decision can also make a difference. If you play your cards right, you can fix the situation by the end of the day without even affecting your credit rating.
How to Get Your Online Payday Loans Direct Lenders Provide
The best news is that you don't have to wait until you're desperate to start getting the loans you need. When you choose online payday loans from direct lenders, there's no delay between signing the contract and getting paid. In fact, the only thing that slows it down (once again) is the banks. So, try to start the process as early in the day as possible.
Meanwhile, follow these two simple steps to receive cash in no time!
1. Begin over the Phone or Online.
Either call Fast Payday Loans of Kentucky, LLC. to answer some easy questions on the phone or find a short intake form on our website and fill it out. Either way, you'll be guided by a knowledgeable loan agent who can answer any questions you may have.
Once that's done, the agent will then schedule a time for you to complete the rest of the process. You'll be asked to provide specific information to become eligible. However, that's not nearly as difficult as it sounds (nor as difficult as the banks try to make it).
2. Provide the Necessary Information.
This is all the agent will need to get you approved for an instant payday loan in Kentucky:
- Your most recent pay stub from work
- A blank check from an active checking account in your name
- Your driver's license or a government-issued photo ID
3. Sign a Few Papers and Get your Cash
Allow a few minutes for the agent to review your documents and establish the amount you’re eligible for. If the amount and the terms of agreement are satisfactory to you, sign a couple of papers and get your cash the very same day.
Get Started Today!
Online payday loans from direct lenders are far more convenient than other options, including letting your credit score and financial future suffer because of late payments. So, don’t just sit around waiting for your financial problem to solve itself, because the chances are – it won’t, unless you act fast and make an informed decision. So, submit your inquiry today to get your financial relief in a matter of minutes with Fast Payday Loans of Kentucky, Inc.!