Payday Loans in Weston, Florida
Events happen, and we usually wind up in a place where we must pay for some unexpected bills. Think about submitting an application for a paycheck advance loan in Weston, Florida, to see if you qualify.
The application process is fast and painless. To be qualified, loan borrowers have to satisfy a couple of general criteria.
What is a Payday Loan? What Can It Pay For?
A payday advance loan is where the borrower will receive a small amount of funds on a short-term agreement. This is thought of as an unsecured loan due to the fact that no collateral is required.
When surprise financial needs present themselves, such as late rent or utility costs, car costs, medical or vet payments, and so on, individuals frequently rely upon payday advance loans.
Payday Advance Loan Requirements In Weston, Florida
In Weston, Florida, cash advance loan borrowers are required to meet a few requirements to be eligible for a loan.
The borrower is required to:
- Provide proof that they live in Weston, Florida
- Must be 18 or older
- Receive a steady income that they can prove that's at least $1,000 per month
- Give current contact information including cell phone number and email address
- Provide their social security number
If a borrower does not satisfy the above criteria, they will automatically be denied a payday advance loan. Make sure you can provide the documents needed when requesting a loan.
Laws and Rules Concerning Paycheck Advance Loans in Weston, Florida
The State of Florida has ruled payday advance lending legal. Still, they have set the below rules and laws for the paycheck advance lending market:
- An individual money lender cannot extend a loan in excess of $600. Borrowers are not allowed to take out more than two active loans from different lenders. There is no smallest loan amount.
- The minimum loan term is not determined, the longest loan term length is 31 days. In Florida, borrowers are not allowed to rollover their loans.
- The fees and charges are different for each loan lender. The service fees enacted by lenders on a loan do not fall under interest. The service fees apply to every $100 loaned and can vary between 11-15%.
- An interest rate is required to be mutually decided upon. APR can be as much as 369%.
Will Payday Advance Lenders in Weston, FL, Run Credit Checks? What If I Have Poor/No Credit History At All?
Yes, the lenders we work with will run a credit check on you, but, even if you possess no credit or poor credit, you may still be eligible for a loan as long as you can show that you are able to repay the loan. Lenders are commonly unbothered by your credit history if you provide proof of income and a strategy to pay back the loan.
Lenders will conduct a soft credit check, which will not impact your credit score. This is simply to get an idea of your credit history and general information.
A hard credit pull, alternatively, must have your explicit consent. These credit checks are done for a plethora of purposes, such as mortgages, credit cards, and more.
You can still qualify for a payday loan with poor credit in Weston, FL, provided that you can prove you will repay the loan.
So, when you apply for a loan, albeit in person or online, double check that you have your income information available and any other documents verifying that you can pay back the loan. The more proof you possess, the more likely your loan request will be granted.
When Will I See My Cash in Weston, Florida?
When you receive your deposit actually relies on your lender as some lenders provide same-day payday loans, which means you will receive your payday advance loan on the same day you request a loan, as long as you receive an approval.
Most of the time, though, lenders will send the borrower their lump sum on the following business day. Businesses usually close for holidays and weekends. Because of this, if you submit your application on a Friday, you may not receive your loan until Monday.
If you're needing a same-day cash advance loan in Weston, FL, you will need to make sure you're applying by 10:30 am. Any and all same-day payments 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 cash on the day that you submit your application.
One more factor that you should know is even if the lender grants your loan request and posts the deposit to your checking account, occasionally the bank won't release that loan at that time. It's important to let your bank know that you plan to get a cash advance loan, so they could possibly make an exception in releasing the funds earlier.
Overall, it's best to prepare ahead of time to receive your funds on the following business day. That way, you're not surprised if you cannot receive it on the same day.
Consider Working With Us
If you have underwhelming credit or no credit and are wanting to get a paycheck advance loan, consider applying with us, as you usually have a better chance of approval.
We partner with hundreds of different lenders who provide their services online. Much of the time you will get your cash on the following business day so make sure that you plan appropriately.
However, you can always locate the closest payday loan store to you and apply in person to increase the chances of seeing your funds on the same day. When applying in person, ensure that you have your government ID or driver's license; a passport is sufficient. Sometimes, lenders may request proof of address, so take along a utility bill to the store as well.
To locate the nearest cash advance loan store, please navigate to the list below and find your city.
Payday Loan Direct Lender Companies in Weston, FL
Below you will find a list of payday loan companies offering their services in Weston, Florida. If you can't find a lender near your location in Weston, consider applying in a nearby city in Florida. Alternatively, you can apply online on our website and get a decision almost instantly.
If you can't find a lender near your location in Weston, consider checking out payday loan lenders in nearby cities. Alternatively, apply online on our website and get an instant decision. If approved, you will get your cash the same or next business day.