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Above there is information about a precise lender. Below you can see common features of payday loans.
Payday Loans in Brooklyn, New York
A payday loan is an unsecured loan — typically $100 to $1,000 — that's must be repaid + interest as soon as you get your next paycheck. Terms usually do not exceed 30 days.
Payday loans in Brooklyn, New York is are easy to get. The APR is individual for each person and depends on multiple things: age, income, loan amount needed, loan term, credit score, etc.
25% small loan cap
Advantages of Hard Money Loans Brooklyn that offers payday loans in Brooklyn, New York
- 24/7 application. This means you can apply and get money at any time. Funds are sent into your bank account immediately, so you do not need to visit to the lender’s store.
- No paperwork. You will only be asked to provide basic documents. In most cases, you will only need an ID. Paystubs are not required.
- Online application. Your request will be considered much faster than in other financial institution. Funds are transferred to your account within a few hours.
- High approval rates. 94% of borrowers are approved.
- Any credit welcomed. Banks reject applicants with poor credit. But payday lenders are ready to help people with any credit score.
Information needed to complete a loan application
As soon as you fill out an application, submit it and recieve the offer.
Payday loans for bad credit
Having a bad credit score automatically disqualifies people from getting a bank loan. Payday loans give individuals with a bad credit history an increased opportunity to get accepted for short-term loans. A payday loan may be the only option available for some borrowers to help them cover urgent expenses. If you take out such a loan, it is relevant that you always borrow within your needs and pay off your loan commitments punctually.
To get accepted for a payday loan, you must meet the following requirements:
- be 18 years old or older;
- be a U.S. citizen or permanent resident;
- be employed and have a steady income;
- have a valid checking account in your name;
- have an email address and phone number.
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- No ability to get 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 including mortgage
Find out the annual percentage rate right now. Use this online calculator to specify the exact cost of your payday loan. It only takes a couple of seconds to become informative even before applying.