Payday Loans in Juneau, Alaska

Life happens, and we often end up in a place where we must cover some unforeseen expenses. Consider submitting an application for a payday advance loan in Juneau, AK, to see if you meet the requirements.

The loan application process is quick and painless. To be eligible, you must satisfy a couple of simple criteria.

What is a Cash Advance Loan? What Can It Be Put Towards?

A payday advance loan is where the borrower will be extended a small sum of funds on a short-term agreement. This is considered an unsecured loan because no collateral is expected.

When unexpected bills arise, like past due rent or utility fees, car fixes, health or vet bills, and so forth, individuals commonly rely upon cash advance loans.

Paycheck Advance Loan Requirements In Juneau, Alaska

In Juneau, Alaska, payday loan borrowers need to meet a few stipulations to qualify for a loan.

The borrower must:

• Show proof that they reside in Juneau, AK
• Must be at least 18
• Receive a steady income that they can provide proof of being at least $1,000 per month
• Give up-to-date contact information such as cell phone number and email address
• Provide their SSN

If a borrower does not meet the above criteria, they will immediately be denied a cash advance loan. Make sure you possess the documentation needed when applying for a loan.

Laws and Regulations Concerning Payday Loans in Juneau, AK

Alaska has ruled cash advance lending legal. Although, they have enacted the following rules and regulations for the cash advance lending market:

• A single money lender can't extend a loan in excess of $600. Borrowers cannot take out greater than two unpaid loans from different lenders. There is no minimum loan amount.
• There is no minimum loan term, the longest loan term length is 31 days. In the State of Alaska, borrowers cannot rollover their loans.
• The fees and charges vary for each loan lender. The service fees charged by lenders on a payday loan do not fall under interest. The service fees apply to every $100 loaned and can vary from 11% up to 15%.
• An interest rate is required to be mutually agreed upon. APR can be as much as 369%.

Will Cash Advance Lenders in Juneau, Alaska, Complete Credit Checks? What If I Have Bad/No Credit History At All?

Yes, the lenders we work with will do a credit check on you, still, even if you have no credit or poor credit, you might still be eligible for a loan given that you can prove that you are able to pay back the loan. Lenders are usually unbothered by your credit if you offer proof of income and a strategy to pay back the loan.

Lenders will rely on a soft credit pull, which will have no impact on your credit score. This is simply to get a look at your credit history and basic information.

A hard credit inquiry, on the other hand, requires your permission. These credit inquiries are utilized for various purposes, such as mortgages, credit cards, and more.

You can still qualify for a cash advance loan with poor credit in Juneau, AK, as long as you can prove you will repay the loan.

Therefore, when you request a loan, albeit in person or online, double check that you have your income information ready and any other documents proving that you can repay the loan. The more evidence you possess, the better chance your loan request will be granted.

When Will I Get My Deposit in Juneau, AK?

When you receive your money really relies on your lender as some lenders offer same-day paycheck advance loans, which means you will see your payday loan on the same day you submit your application, as long as you receive an approval.

Most of the time, though, lenders will give the borrower their lump sum on the following business day. Businesses typically close for holidays and weekends. So, if you apply on a Friday, you might not see your deposit until Monday.

If you're needing a same-day cash advance loan in Juneau, Alaska, you will need to make sure you're applying by 10:30 am. All same-day loans going out that day will be approved by that deadline. However, you should submit an application earlier than that if possible, as it will increase the likelihood that you get your loan on the same day that you submit your application.

One more factor that you should be aware of is even if the money lender approves your application and posts the loan to your bank, sometimes the bank won't release that credit at that time. It's paramount that you let your bank know that you plan to get a payday loan, so they might make an exception in releasing the loan earlier.

On the whole, it's best to prepare ahead of time to receive money on the next business day. That way, you're not left in the lurch if you cannot receive it on the same day.

Think About Borrowing From PaydayLoanRadar

If you have underwhelming credit or no credit and are searching to secure a payday loan, think about applying with us, as you usually have a higher chance of approval.

We work with over one hundred different lenders who offer their services online. Most of the time you will see your cash on the following business day so make sure that you plan accordingly.

Although, you can always find the closest cash advance loan storefront to you and apply in person to strengthen the chances of receiving your loan on the same day. When submitting an application in person, make sure that you have your government ID or driver's license; a passport is sufficient. Occasionally, lenders may require proof of address, so bring a utility bill to the store too.

To locate the nearest cash advance loan storefront, please navigate to the list below and search for your city.

Payday Loan Direct Lender Companies in Juneau, AK

Below you will find a list of payday loan companies offering their services in Juneau, Alaska. If you can't find a lender near your location in Juneau, consider applying in a nearby city in Alaska. Alternatively, you can apply online on our website and get a decision almost instantly.