- 1). Realize that this might be a hard task to accomplish. Getting a bad credit payday loan is sometimes a hard task to accomplish. However, most people that apply for payday loans already have bad credit. You can play this to your advantage if you fall on hard times and need to get a payday loan.
- 2). Have a steady income to show the lender. You must have an income of at least $1200 per month to increase your chances at receiving a bad credit payday loan. Payday loan companies want to see that you can make the payments on time. If you can't, they want you to have a job so that they can allot the payments out of your paycheck.
- 3). Search online. There are many online bad credit payday loan companies. To apply for a loan from these companies you complete their online application. If you are approved you will typically have to fax the following documents:
»Complete bank statement
» Recent pay-stub
» A copy of your state issued ID
» A copy of your social security card.
» A voided check
» Recent telephone bill - 4). Do not try to ask for too much money. If it is your first time with the company, only ask for $100 or $200. If you ask for too much, the loan company will feel that you will not pay the loan back.
- Advertisement -
- Advertisement -