How Can I Borrow Money Before Payday?
Carolina Payday Loans, Inc. is there to offer people who are struggling to make ends meet an advance on their next paycheck.
If you’ve had a difficult month with a lot of extra expenses, you might not have the funds to cover yourself until your next payday, and you may be wondering how you can borrow some money.
The answer may be a payday advance. These loans have existed for a long time, and are designed to help employees get the money they need when they need it, rather than having to wait. If it seems like a long time until your next paycheck, reach out today.
How Do You Borrow Money Before Payday?
In this article, we will discuss how a payday loan works and the requirements you need to qualify, so keep reading.
You Must Be Working
You can only borrow money before payday if you have an existing job. That means you need to be employed and able to demonstrate it. If you are, you could be eligible for a payday loan.
You Must Have Some ID
You need to be able to demonstrate who you are if you want to take out a payday loan. That means you must have some form of state-issued identification that bears a photograph of you and is in date.
We can accept various kinds of ID, but the most commonly used are passports and driver’s licenses. If you don’t have either of these available, let us know and we will discuss what other forms of identification you can use.
Note that you won’t be able to use out-of-date identification or non-state-issued identification in order to get a payday loan.
You Must Be Over 18
You have to be over the age of 18 to take out a payday loan in the state of South Carolina. This is a legal requirement. If you’re under the age of 18, you can’t take out a payday loan. This will be checked as it is part of our loan process.
You Must Have A Checking Account
To borrow money before payday, you will need to have an open checking account in your name. We require you to bring a blank check associated with this checking account, so make sure you have one available.
If you do not have a check, you may need to request one from your bank. Do this before you come into the location to speed up the process. Note, your loan request cannot be completed without this document.
You Must Have Your Latest Pay Stub
It’s also important to have your latest pay stub, as this provides proof of income and helps us to determine how much you can borrow. You must have this available to qualify.
You can probably request one from your employer if you have lost it or do not typically receive physical checks. Make sure you have this in hand before you come into a location to ensure the process can be completed.
If you don’t receive pay stubs and cannot request one from your employer, we may be able to accept another form of proof of income. The best thing to do is get in touch with an agent, who should be able to talk through what you have and offer some advice on what you can use. We do need some proof of income to approve a payday loan.
How Do You Apply?
If you’re ready to put in your application, the good news is that this is very simple. You may be eligible to borrow up to as much as $550 from us in a payday loan. To do this, just follow the steps below:
- Enter your details into the online form, which should only take a minute or two. Make sure you include a valid phone number, as this is how we contact you.
- Wait for an agent to call you, and then talk through the paperwork and any questions you have for them.
- Arrange to come into a convenient location with the paperwork described above, and meet with a representative.
- Wait for the evaluation process to be completed so you can find out how much money you are eligible to borrow.
- If you’re happy with everything, accept the terms to complete the payday loan process, sign the paperwork, and you’ve finished.
You can then head home and wait for the money to arrive in your account. This could happen on the same day, or possibly the following working day.
Put In Your Loan Request To Borrow Before Payday Now!
If you need to borrow money before payday, Carolina Payday Loans, Inc. may be able to help you by offering a payday advance.
A payday advance can be taken out by anybody who is employed, has the right documents, and is over the age of 18. It’s designed to tide you over until your next paycheck comes in.
If you are struggling, don’t worry, you don’t need to keep everything together until your next payday. If you need funds fast and you’re out of options, get in touch with us to see if you’re eligible for a payday loan today.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.