Payday Loans in Slidell, Louisiana

Things happen, and we often find ourselves in a situation where we have to pay for some unexpected costs. Consider applying for a cash advance loan in Slidell, LA, to see if you meet the requirements.

The application process is quick and simple. To qualify, borrowers have to satisfy a couple of simple criteria.

What is a Paycheck Advance Loan? What Can It Cover?

A cash advance loan is where the borrower will be extended a small amount of cash on a short-term agreement. This is thought of as an unsecured loan due to the fact that no collateral is required.

When unforeseen financial needs come up, for example past due rent or utility payments, car costs, medical or vet fees, and so on, people usually rely upon payday advance loans.

Paycheck Advance Loan Stipulations In Slidell, Louisiana

In Slidell, LA, cash advance loan borrowers need to meet a few criteria to be eligible for a loan.

The borrower has to:

• Show proof that they are a resident of Slidell, Louisiana
• Must be 18 years old
• Have a steady income that they can prove that's at least $1,000 per month
• Give current contact details such as cell phone number and email address
• Give their SSN

If a borrower does not abide by the above rules, they will immediately be denied a payday loan. Ensure that you possess the documentation required when applying for a loan.

Laws and Rules Concerning Payday Advance Loans in Slidell, Louisiana

The State of Louisiana has ruled payday lending legal. Still, they have enacted the following rules and regulations for the payday advance lending market:

• An individual lender can't offer a loan greater than $600. Borrowers cannot possess greater than two outstanding loans from different lenders. There is no smallest loan amount.
• There is no minimum loan term, the longest loan term length is 31 days. In Louisiana, borrowers cannot rollover their loans.
• The fees and charges vary for each money lender. The service costs enacted by the lender on a cash advance loan are not considered interest. The service fees apply to every $100 borrowed and can vary between 11-15%.
• An interest rate must be mutually agreed upon. APR can be as much as 369%.

Will Cash Advance Lenders in Slidell, LA, Complete Credit Checks? What If I Have Poor/No Credit History At All?

Yes, the lenders we work with will perform a credit check on you, but, even if you possess no credit or bad credit, you might still be approved for a loan given that you can show that you can pay back the loan. Lenders are commonly unconcerned about your credit if you have proof of income and a plan to pay back the loan.

Lenders will conduct a soft credit inquiry, which will have no impact on your credit score. This is solely to get a look at your credit history and general information.

A hard credit pull, on the other hand, requires your permission. These credit pulls are utilized for a plethora of purposes, including mortgages, credit card applications, and more.

You might still be approved for a payday loan with bad credit in Slidell, LA, provided that you can prove you will repay the loan.

Therefore, when you request a loan, albeit in person or online, make sure that you have your income information available and any other documents verifying that you can pay back the loan. The more evidence you have, the better chance your loan application will be approved.

When Will I Receive My Money in Slidell, Louisiana?

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

Much of the time, however, lenders will give the borrower their lump sum on the following business day. Businesses usually close for holidays and weekends. So, if you apply on a Friday, you may not get your deposit until Monday.

If you're needing a same-day cash advance loan in Slidell, Louisiana, you will need to ensure you're applying by 10:30 am. All same-day loans going out that day will be approved by that time. However, you should apply earlier than that if able, as it will boost the likelihood that you see your money on the day that you apply.

One other factor that you should be aware of is even if the money lender grants your loan request and posts the loan to your bank, occasionally the bank won't release that deposit immediately. It's important to let your bank know that you plan to get a payday loan, so they could possibly make an exception in releasing the cash earlier.

Overall, it's best to prepare ahead of time to receive your funds on the following business day. That way, you're not left in the lurch if you cannot receive it on the same day.

Consider Working With Us

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

We work with hundreds of different lenders who provide their services online. Most of the time you will receive your cash on the following business day so ensure that you plan correctly.

However, you can always locate the nearest payday advance loan store to you and apply in person to strengthen the chances of receiving your cash on the same business day. When requesting a loan in person, make sure that you have your government ID or driver's license; a passport is sufficient. Now and again, lenders may ask for proof of address, so take along a utility bill to the store as well.

To find the nearest paycheck advance loan storefront, please use the list below and locate your city.

Payday Loan Direct Lender Companies in Slidell, LA

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