How Payday Loans Can Be Your Secret Weapon For Avoiding Late Bills

You don't have to let your bills go unpaid when unexpected expenses arise. If you have a steady income and an open, active checking account, you can use them to secure a payday loan that can keep you on track.

Avoid late bills with a payday loan from Idaho Title Loans, Inc. today. Unlike bank loans, payday loans from us are easy to get and the process is fast. There are also a few requirements to qualify for a payday loan. You can start your process right here on our website and have your cash before the end of the day, in many cases.

Payday Loans Help You Stay On Track

We can all get hit with unexpected expenses, but you shouldn’t let your bills fall behind as a result. Late bills have a negative impact on your credit score. A payday loan is a good, safe option for people who are employed but need a little extra cash to help out between paychecks.

They essentially bridge the gap in finances from paycheck to paycheck. These are short-term loans that you can get approved for in less than an hour! Let's look at the simple process.

Our Payday Loan Process

The steps to get a payday loan from Idaho Title Loans, Inc. are minimal. Here's all you'll need to do. First, start your request. This is as simple as going to our webpage and filling in the inquiry form or giving us a quick call. We have several store locations across the state. You can look up the nearest location to you here on the website. Select locations on the menu bar to view all of our stores. 

When we receive your online inquiry or you contact us by phone, you'll get to speak to a friendly representative who can answer all of your questions and explain the loan terms to you. At the end of the call, the loan representative will schedule an appointment for you to come to a store location and present your documents for review.

During that in-person meeting, the specialist will make a determination about approval and how much you can borrow. If you are approved, you will need to sign a few documents and you'll receive your cash that day or the next business day, depending on the time of day you accept the loan.

Required Items For Review

We don't require a lot of items for your payday loan. All you need is your most recent paystub, your state-issued photo ID, a blank check from your open checking account, and you must be at least 18 years old. Your ID should be state-issued, such as a driver's license or another form of ID that meets the requirement.

Your active checking account must be in your name. You can have a joint checking account with someone else but your name has to be listed on the account. Though we don't require a copy of your most recent bank statement, we do need to verify your checking account is open, in your name, and active.

How Much Can I Borrow?

Since the nature of payday loans is based on your paycheck and the need to help with emergency financial situations, we don't offer a large dollar amount for this type of loan. You can borrow between $100 and $500.

The amount you're approved for is determined based on your ability to pay it back. That means it depends on your income level. Most of the time, you're expected to pay the loan back when you receive your next paycheck.

Advantages Of Payday Loans

There are several advantages to payday loans. One is that you can get extra cash quickly so you don't have to pay your bills late. There's no lengthy process to go through to get approval and receive funds. Another advantage is these loans are relatively cheap.

While there are fees and interest, these generally aren't very much. Payday loans are not based on your credit history. We base our decision to approve on your income and that you have an open checking account. We would like to know if you have the means to repay what's borrowed.

The Bottom Line

There's just no reason to pay bills late or skip paying them altogether when you receive an income and you have a bank account open in your name. We can help you stay on track with your bills with a payday loan to fill in the gap between paychecks.

So, if you need a little extra money because unexpected expenses have popped up, go to our homepage and fill in the short inquiry form. We will reach out to you and get you headed toward the extra cash you need in no time. 

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