First time $2500 payday advance loan
Many payday advance lenders offer a free first time payday advance loan or cash advance to their first time customers. This means that if you apply for a payday advance loan for the first time, you’ll get free or low interest rate with no additional fees and charges. Payday advance loans are short-term credit instruments which are intended to meet emergency cash needs. Usually, the amounts of such loans don’t exceed $2500. First time $2500 payday advance loans can be a good solution for the financial emergencies when you need cash urgently for unexpected bills or any special occasions.
Payday advance loans are usually paid back within 10-14 days. However, you can extend your first time $2500 payday advance loan to a longer period. To extend a payday advance loan you simply make at least the minimum payment on your payday advance. First-time borrower can receive an amount of up to 2500 dollars, which is applied to ensure that he is a legitimate client and able to repay the loan on time.
Some payday advance lenders offer their customers a free first time $1500 payday advance loan. First time loan gives the benefits of small processing fee and lower interest rate. Online application for the payday advance loan can be fulfilled instantly on the Internet without any difficulties and documents to fax. Most of payday advance lenders now offer online application which means that the first time borrower doesn’t have to submit any documents during the application process. This allows to receive fax less and inexpensive first time $2500 payday advance loan.
Requirements for first time customer
In addition to usual payday loan criteria, there are several requirements that you have to meet in order to become approved for first time $1500 payday advance loan:
- Not having applied for a payday advance loan with this lender or in the past
- Checking bank account that is at least three months old
- Stable monthly income is at least $1,000.
Applicant isn’t approved for the payday advance loan if:
- He has filed for bankruptcy within the past year
- He is currently unemployed
- He has been employed at the current job for 5 months or less
- He has an outstanding payday advance loan
- He has a newly opened checking account
- His monthly salary is below one thousand dollars
- His contact information is invalid
- The lender can’t verify personal or checking account information