Yonkers residents like residents in anywhere else face events in life that require additional funds to immediately solve the situation. This is where payday loan comes in.
People choose to apply for a payday loan online since the process is easy and you can apply at any time. Because a bad credit score won’t affect your loan’s approval payday loan is preferred by people.
To apply for a payday loan, you need to have a driver’s license, checking account and a paycheck stub that shows your current employment. Even if you are unemployed and receive government benefits, you still may apply for a payday loan with a stub from your benefit check.
When you have filled out online application you will know whether you are approved within 60 seconds.
If borrower does not have sufficient funds to cover the check they wrote to the lender, extension of the loan period is available. This helps the individuals to repay the loan, but usually extensions come with very high interest rates that makes it more difficult for borrower to repay the loan.