Short term payday loans are a great way to meet your short term financial needs. We all have things come up or things that need to get done that we didn’t plan on, a great way to get these things done without having to wait is with the use of short term payday loans. These loans are meant to last just a week or two in duration and they are meant to get you through until payday, at which time you would have the money to pay off the loan. The idea behind short term payday loans is that you are getting an advance on your paycheck so that you can afford things right now.
Using Short Term Payday Loans
Using short term payday loans really is simple. Most of the time all you have to do is fax in or visit a location to provide some basic information such as your name, your bank account information, and a pay check stub. Usually a credit check is not even done; instead your bank account and your job are your credit. This makes short term payday loans an option that everyone can consider, even if they don’t have perfect credit.
When you apply for short term payday loans you are going to need to provide a photo ID, a current bank statement, a current paycheck stub, and a utility bill that will give proof of address. The payday loans provider will look at all of this information, determine how much they can lend you based on how much you make, and then you’ll get your money. The process often takes less than 30 minutes to complete and you can have your cash in hand. If you do the process long distance or over the phone you will usually have the money wired to your bank account within 24 hours.
Short term payday loans really are a great way to get things done now, instead of waiting until payday. You can take the kids to the doctor, get the car fixed, pay an unexpected bill, or even take the dog to the vet, or accommodate relatives that stopped in unannounced. Things come up in life and they usually come up when we have just paid the mortgage, the car notes, and all of the bills and just don’t have the money on hand to take care of anything else urgent. Short term payday loans are the answer!