Payday advances are payday advance loans, high-interest, short-term loans secured against your future pay check. Payday advance loans can get you quick cash if you need it before payday, but can trap you into a cycle of debt if they are not paid off immediately. Some payday loan vendors insist on giving out their loans in the form of debit or require a credit card number before approving the loan. Others, however, do neither and simply provide the funds. Payday advance loan restrictions may also change according to state.
Check 'n Go
Check 'n Go is a national money services business that also provides check cashing services and money transfers. Customers can apply for a payday advance loan through Check 'n Go either online or in-person at a local store location. The exact documentation required to get a loan depends on the state where you live, but, in general, you need to provide a form of identification, an address, a phone number and a valid check from your personal checking account. You must be at least 18 years old (or 19 years old in Nebraska and Alabama) and also be able to provide proof of income. Online loans require the same, plus an active e-mail address. Your checking account must also be set up to allow direct deposit. Both in-person and online payday loans are only given to persons with no outstanding payday loans at another lender.
Pay Day Max
Pay Day Max is a cash advance vendor which specializes in online loans. Applicants need to provide their documentation by fax, and can apply for loans up to $1,500. To apply, you must send a bank statement and voided check to Pay Day Max, as well as fill out an online application. If approved, the funds will be deposited into your account. Pay Day Max does not offer loans any other way except as direct deposits.
National Payday
National Payday is also an online payday loan lender. Application, deposits and payments are all made electronically. National Payday's requirements are that you have no more than one other payday loan with another vendor, show proof of $1,000 per month in income, and have a checking account showing no returned checks for at least one month. National Payday's loans for first-time customers are fairly small, ranging from $100 to $400, although the amounts can go higher for returning customers.
Advance America
Advance America makes payday advance loans both online and in physical locations across the United States. The company does not do a credit check, but most locations do require that applicants show two forms of identification, their most recent bank statement, a recent paycheck stub or some other verification of income, verification of your Social Security Number and a personal check.
