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Above-defined info offers the details about a certain lender. Below-specified info is devoted to shared information about payday loans.
Payday Loans in Potomac, Maryland
A short-term lending option is known as a payday loan. This is a type of a financial product issued for several weeks. Accessible loan amounts are from $100-$1,000.
It is easy and fast to take out payday loans in Potomac, Maryland. The rates are set on an individual basis: if a borrower repays as much loans as possible, he will be offered one of the most favorable terms and rates.
33% APR cap (2.75% a month)
How will EagleBank help issue a payday loan in Potomac, Maryland?
- 24/7 service. Such online services allow you to deposit funds at any time. Funds are issued day and night. The transfer will be sent to a credit card, so a personal visit to the department is not required.
- No paperwork. The list of required documents is minimal. In most cases, an ID is sufficient. You do not need to send a certificate of income.
- Online application. The application is filled in and considered much faster than in banks. Money is deposited within 24 hours after receiving approval.
- High approval rate. When it relates to small amounts, a positive answer comes up 98%.
- Availability. Banks provide loans at more stringent requirements on their clients. Age restrictions and bad credit will become barriers to taking out a loan. Payday lenders are more loyal to customers. The presence of minor delays and a low credit rating does not guarantee denial.
What data to fill in in the application? - General Info
Then submit an application to recieve an offer from one of the lending companies.
Payday loans for bad credit
One of the cause of refusal for a loan is a bad credit history. This factor is considered by payday lenders before issuing a loan. But banks almost 100% refuse the request when lenders in Potomac, md will estimate other aspects like payment abilities and approve a payday loan. This is a way to improve your credit history.
The following general points will be assessed before applying for a payday loan:
- be at least 18 years old;
- be a U.S. citizen;
- be employed and have a reliable source of income;
- have a checking account;
- have a valid email address and phone number.
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- No way to issue a loan
- No ability to rent a room
- 80% of loan approval
- Apply for all loan types
- 95% of loan approval
- Apply for all loans incl. mortgage
The calculator clarifies the cost of the payday loan known as annual percentage rate.