What Do I Need To Get Payday Loans In Tupelo, MS?

April 20, 2022 | Daniel Dewitt

woman got payday loan in tupelo MS

If you are interested in getting payday loans in Tupelo, MS, you will be pleased to know that the list of items needed to apply is small. Everything required is items that you should readily have on hand. As long as you meet the 3 main requirements, you can apply for a payday loan in Tupelo, MS. And in this post, we’re going to talk about them in detail.

What You Need To Apply For A Payday Loan In Tupelo, MS

There are only three items required for an individual to provide when applying for a payday loan. Thankfully, you won’t have to do much rummaging around to gather up the necessary items. The items needed should be readily available to anyone considering applying for a payday loan. The three documents needed to apply for a payday loan in Tupelo, MS are a driver’s license or state-issued I.D., your most recent paystub, and a blank check from an active checking account in your name.

1. Driver’s License Or State-Issued I.D.

Getting any type of loan will always require that you show proof of photo I.D. Your lender will use this to confirm that you are the person applying. They will also use your I.D. to confirm you are of eligible age to apply for a payday loan. To apply, your I.D. must show that you are 18 years of age or older. The name on the I.D. must also match the name on the paystub supplied to the lender.

2. Your Most Recent Paystub

Your paystub must have a matching name to the I.D. supplied by the applicant. It must also be the most current paystub you have received. Most individuals get paid weekly or bi-weekly, providing applicants with physical or digital copies of their paystubs. In this case, it is easily attainable for anyone applying for a payday loan. Anything over 30 days may not be considered current so be sure to contact your lender before you visit their store.

Self-Employed?

If you are self-employed with longer gaps between paydays, then you will want to inform your lender while still providing your most current paystub. Getting a paystub as a self-employed individual is a bit more of a challenge. You can either ask your bank to give you proof of income or use the various app services that provide self-employed individuals with a paystub.

preparing a paycheck to get a payday loan in tupelo, MS

The Role Your Paystub Plays

This is not a requirement that can be skipped, as your loan amount will be based on the information your paystub provides. It will provide your lender with:

  • Your average pay
  • How often you get paid
  • If you can afford to repay the loan when your next payday arrives
  • How much you qualify for in loan amount

3. A Blank Check From An Active Checking Account In Your Name

Once again, the name of the applicant must match the name of the person on the checking account. All three items (I.D., paystub, and blank check) must have the same name on them. You cannot provide a blank check from someone else’s checking account.

This is because the blank check is used to repay the loan. Payday loans are short-term loans that are meant to bridge the gap between one paycheck and another. As such, the blank check you provide will be cashed when your next payday arrives or at the day and time stated in your loan agreement.

Mississippi Title Loans, Inc. Offers Payday Loans In Tupelo, MS

With us, you can get a Mississippi payday loan in the amount of up to $400. We have 2 locations in Tupelo. One is located at 506 North Gloster, and the other one is at 2233 W. Main St. Choose the one that’s nearest to you and either drive straight to the store, give us a call, or fill out an inquiry on our website which will automatically connect you to the storefront that’s closest to you.

Why Choose Mississippi Title Loans, Inc.

  • Fast approvals that can take as little as 30 minutes
  • Convenient neighborhood locations with over 25 store locations throughout Mississippi!
  • A quick online form to get started
  • We accommodate all types of income, including alternative ones
  • We accept all types of credit
  • Excellent customer service with a 4.8 out of 5-star rating!
  • Funds that are available either the same or the next business day at the latest.

woman inquiring about payday loans in Tupelo, MS

Get Started Today

Now that you know what you need for payday loans in Tupelo, MS, submit an online form today! Gather up your required documents and bring them to your local Mississippi Title Loans, Inc. store to find out before the day is up if you are approved and for how much!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.