What Every Payday Loan Borrower Needs To Know

January 25, 2022 | June Mckaig

payday loan borrower needs

 

Living paycheck to paycheck is a widespread epidemic in America. According to a survey by Jungle Scout, 56% of Americans say they live paycheck to paycheck, with about half saying they’ve experienced big financial setbacks recently.

Having a paycheck doesn’t always mean financial security and it also doesn’t mean you can set aside enough cash each month for financial emergencies. Careful planning can sometimes only go so far. What can you do? Consider becoming a payday loan borrower.

A payday loan borrower can receive quick relief when they need a little bit of money help between paychecks. Have you never taken advantage of the option to become a payday loan borrower before? Here’s what you should know about getting quick payday loans in Mississippi.

What Is A Payday Loan?

Payday loans are straightforward, unsecured financial loans you can qualify for today. As a payday loan borrower, you work with a financial provider who gives you a small amount of cash that’s designed to address temporary financial setbacks.

Payday loans should never be used for anything other than emergencies. They are designed to address such unexpected situations as emergency room visits, home repairs, car repairs, or last-minute travel. A payday loan borrower should use the loan for needs, not wants.

Terms and conditions vary, but you generally have the time between paychecks – which is usually two weeks – to pay back the loan. Here is what you need to know when you come to Mississippi Title Loans, Inc. to become a payday loan borrower.

The Amount Of Financial Relief

Payday loan amounts vary depending on the provider you go with. Pursuing a loan with us at Mississippi Title Loans, Inc. provides amounts between $100 and $400 for a payday loan borrower. This amount provides help to those who are also facing a financial emergency because your paycheck hasn’t arrived on time or you’ve missed hours of work.

What You Need To Qualify

Since becoming a payday loan borrower is usually a straightforward approach to financial relief, qualifying with us at Mississippi Title Loans, Inc. is not difficult to understand. With us, in addition to being at least 18 years old, you need to have the following:

  • A Mississippi driver’s license or another form of identification issued by the state.
  • Proof of income in the form of your most recent paystub.
  • A blank check from an active checking account in your name.

You Can Qualify Quickly

Since you’re dealing with a financial emergency, we are dedicated to getting a payday loan borrower the relief they need as soon as possible. That’s why you can qualify for a payday loan in as little as 30 minutes with us. That’s far sooner than many other financial providers, including credit agencies, banks, or third-party lenders.

 

payday loan cash

 

Your Credit May Not Matter

One big barrier to becoming a payday loan borrower may end up being your credit history. With many lenders, having a credit score that’s considered “bad” is an instant disqualification. We don’t believe that a credit history should dictate whether you deserve a payday loan or not.

Here in Mississippi Title Loans, Inc., we encourage those with all credit histories — yes, even bad credit — to pursue getting a payday loan from Mississippi Title Loans, Inc. when you need help. We will not automatically disqualify you if you have poor credit.

You Can Start Online

One reason why it’s quick and easy to become a payday loan borrower with Mississippi Title Loans, Inc. is that we’ve made our process quick to get through. The first step is simply going online and filling out our online form on our website.

You’ll just need to provide your name, email address, phone number, and zip code on the form so we can give you a call back to set up the meeting. All your personal information is always kept confidential according to our extensive privacy policy.

Very soon after you submit the fast cash payday loans form, one of our loan representatives will reach out via a quick phone call. They will discuss what being a payday loan borrower means and will go over the required materials. At this stage, you can also ask any question you may have about payday loans.

Next, all you have to do is bring the required items to a Mississippi Title Loans, Inc. fast payday loans location of your choice. Once there, a loan representative will walk you through the rest of the payday loan borrower process.

Your materials will be verified, and you will have some basic paperwork to fill out if you qualify for approval. Once you complete the paperwork and agree to the payday loan terms and conditions, you’ll get your cash that same day or the very next business day.

Get Started Today On The Payday Loans Process

Becoming a payday loan borrower is easier than ever when you go through Mississippi Title Loans, Inc. for the help you need. So the next time you have an emergency, you do not have to handle it alone. Just go online, give us a call, or visit one of our many locations near you today!