Who Can Qualify For An Unsecured Loan?

An unsecured loan could be your ticket to $100-$500 before your next payday. Do you know if you will qualify? Idaho Title Loans, Inc. can help you answer that question.

Years in the payday loan business have made us qualified to answer that question. Ask our knowledgeable teams anything, anywhere across the state, and you’ll get a consistent, up-to-date answer. So, let’s begin with, “Who can get an unsecured loan?”

The answer might surprise you!

What Does It Take To Qualify For An Unsecured Loan?

A payday loan is just one type of unsecured loan. Being unsecured means that the loan does not require collateral. Therefore, your chances of getting approved rely more on your ability to repay the loan than on past credit mistakes.

We’ll cut to the chase: You can qualify for an unsecured loan with us very easily. Our loans are designed to be helpful when customers need them most — and when other means aren’t available. Below is a short list of things that are required to make a customer eligible to apply for one.

1. Availability and means to visit our office - You will be required to meet with a representative from one of our convenient locations at their office. We require your loan application to be completed in person to maintain your personal security, but read on to find out an easy way to get started online!
2. Legally an adult - You must be 18 years old to apply for any of our loans. The minimum age isn’t an arbitrary number. It’s based on the national legal age to legally sign contracts.
3. Have a checking account - Not only will you will need to have an open account in your name, but you will also need to bring a blank check from that account along when you visit the location. Your loan will be funded electronically through your bank account. The check will be used to repay your loan after your next payday (or whenever you and your loan agent have agreed on).
4. A source of income - We usually ask customers to bring their most recent pay stub, but not everyone gets income through traditional employment. Some are self-employed, and still, others receive a form of income from the government or from another person (like alimony or child support). Therefore, we are flexible about proof of income.

What Makes Unsecured Loans Unique?

Qualifying for an unsecured loan looks a lot different than going to the bank for a loan. As you can see above, we try to make it as easy for our customers as possible to get extra cash. Already, you can see that our restrictions are much more lenient than that of traditional loans.

Here are a few other ways a payday loan differs from conventional loan types.

• Bad credit is ok - In relation to credit status, anyone is welcome to apply for payday loans. Even if you have bad credit or no credit history whatsoever, you will still be considered for an unsecured loan as long as you meet the requirements above.

• You can inquire online - We know how busy our customers are, so we’ve provided a convenient way to get started on a payday loan. You’ll notice a form at the top of our home page. This online form collects the necessary information to start an inquiry for a payday loan, so you don’t have to come to our office until you are ready to finalize your loan.

• They are faster than other loan types - Applying takes just a few minutes, and it’s even faster when you use the online form described above. Once your application is submitted, you could get approved in less than 30 minutes. Traditional loans don’t come close to that time frame.

 So, as you can see, our loans are perfect for anyone who has a less-than-perfect credit score and limited time to get the money they need.

Do YOU Qualify? If So, You Can Apply Today!

Over the past few minutes, did you discover that you are eligible for an unsecured loan? If so, that’s great! You now have a way of getting up to $500 in payday loan funds in as little as one day!

A representative from any Idaho Title Loans, Inc. can walk you through the process when you’re ready to apply, making sure you have the correct documents and meet the criteria over the phone before you head to your nearest location.

Don’t stress out when unexpected expenses pop up. Unsecured loans have helped our customers fill the gap from one payday to the next for a long time, and we’ll be here for years to come, making sure that people just like you are able to afford necessities, pay monthly bills, and still handle the occasional surprise.

If you qualify and are interested in unsecured loans, contact us today to get started on the payday loan process.

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