Payday Loans in Williston, North Dakota

Incidents happen, and we usually end up in a situation where we must cover some unexpected expenses. Think about applying for a payday advance loan in Williston, North Dakota, to see if you qualify.

The loan application process is swift and painless. To be qualified, loan borrowers must meet a couple of simple requirements.

What is a Cash Advance Loan? What Can It Be Used For?

A cash advance loan is where the borrower will get a petite amount of cash on a short-term agreement. This is deemed to be an unsecured loan as no collateral is expected.

When unexpected bills present themselves, for example past due rent or utility fees, auto fixes, medical or vet bills, and so on, individuals usually seek out paycheck advance loans.

Paycheck Advance Loan Requirements In Williston, ND

In Williston, ND, payday loan borrowers are required to satisfy a few requirements to be eligible for a loan.

The borrower has to:

• Show proof that they are a resident of Williston, North Dakota
• Must be 18 or older
• Have a steady stream of 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
• Give their SSN

If a borrower does not satisfy the above rules, they will automatically be denied a paycheck advance loan. Make sure you possess the documents needed when applying for a loan.

Laws and Rules Regarding Payday Advance Loans in Williston, ND

The State of North Dakota has deemed payday lending legal. However, they have enacted the below rules and laws for the payday lending market:

• An individual lender cannot extend a loan greater than $600. Borrowers may not take out more than two outstanding loans from different lenders. There is no minimum loan amount.
• There is no minimum loan term, the maximum loan term length is 31 days. In the State of North Dakota, borrowers cannot rollover their loans.
• The fees and charges vary for each money lender. The service fees enacted by lenders on each loan or transaction do not fall under interest. The service fees apply to each $100 loaned and can range from 11% up to 15%.
• An interest rate is required to be mutually settled upon. APR can be as high as 369%.

Will Payday Lenders in Williston, ND, Complete Credit Checks? What If I Have Poor/No Credit History At All?

Yes, the lenders we have a relationship with will run a credit check on you, but, even if you possess no credit or poor credit, you might still be approved for a loan provided you can prove that you can pay back the loan. Lenders are usually unconcerned about your credit if you possess proof of income and a plan to repay the loan.

Lenders will perform a soft credit pull, which will not impact your credit score. This is solely to get a look at your credit history and basic information.

A hard credit pull, dissimilarly, requires your permission. These credit checks are utilized for a plethora of purposes, such as mortgages, credit card applications, and more.

You can still qualify for a payday loan with bad credit in Williston, ND, as long as you can prove you will repay the loan.

Therefore, when you apply, whether it is in person or online, double check that you have your income information easily accessible and any other documents showing that you can pay back the loan. The more evidence you provide, the better chance your loan request will be granted.

When Will I See My Loan in Williston, ND?

When you receive your deposit truly relies on your lender as some lenders offer same-day cash advance loans, which means you will see your cash advance loan on the same day you submit your application, as long as you're approved.

Most of the time, though, lenders will send the borrower their lump sum on the following business day. Businesses often close for holidays and weekends. Therefore, if you apply on a Friday, you may not receive your cash until Monday.

If you're wanting a same-day payday loan in Williston, ND, you will need to ensure you're applying by 10:30 am. All same-day deposits going out that day will be approved by that time. However, you should apply earlier than that if able, as it will increase the likelihood that you receive your cash on the day that you apply.

One more factor that you should know is despite if the lender approves your application and posts the funds to your bank account, occasionally the bank won't release that deposit at that time. It's vital that you let your bank know that you plan to get a cash advance loan, so they might make an exception in releasing the deposit earlier.

On the whole, it's best to prepare ahead of time to receive your funds on the next business day. That way, you're not out of luck if you cannot receive it on the same day.

Think About Borrowing From Us

If you have poor credit or no credit and are wanting to secure a cash advance loan, think about applying through us, as you most likely have a better chance of approval.

We partner 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 correctly.

However, you can always locate the closest payday advance loan storefront to you and apply in person to strengthen the chances of receiving your funds on the same day. When applying in person, make sure that you have your government ID or driver's license; a passport will work as well. Occasionally, lenders may require proof of address, so bring a utility bill to the store too.

To locate the nearest payday loan store, please navigate to the list below and search for your city.

Payday Loan Direct Lender Companies in Williston, ND

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