What are the qualifications to be approved?

It’s quick and simple and requires only just a few basic conditions. After you have completed the online form with your basic personal details, the only thing you need to do is upload the below documents:

  • A valid ID for residence. This is a legal procedure that is designed to verify the identity.
  • Evidence of Legal Age. It is required that the applicant be 18 years old. This is the rule based on the law.
  • Stable source of income. One example is an income certificate. But any evidence of a steady and regular source of revenue, for example, pensions, is acceptable.
  • Active Personal Bank Account. Money is typically deposited directly into your bank account and used to make drafts for repayments as they become due.

While these are the essential requirements based on the guidelines of the Government’s Consumer Financial Protection Bureau (CFPB), there could be instances when the lender may request additional personal information and documents to be submitted.

What are short-term loans?

Short-term loans are precisely what they sound like. It’s an amount lent for emergencies or urgent capital a company needs and must be paid back within a brief time, together with interest.

The amount of money retrieved is generally small, typically around $1000, as they are generally used to cover an emergency situation. The amount of time an individual has to repay is typically between 1 and 4 weeks. However, it could depend on various aspects and the terms a lender will offer, like the lender who allows the applicant to pay back in installments.

Is it possible to get a payday loan without having a job?

We realize that only some people requesting the loan are employed if you don’t have a workplace and are assessed by your financial capacity since lenders will need to know if you can repay the loan amount.

You’ll need to submit income proof like self-employment income or retirement funds, government assistance pensions, regular financial obligations covered by a partner, and so on. Payday loans are different; however, you will likely be approved if you regularly earn an income.

How do I request a payday loan?

Paydaydaze is among the best solutions in the market, giving you quick and easy cash. Because our applications and the entire process are accessible online and available 24/7, You can make an application to us at any time.

It is as easy as filling out our application form, in which you must state your reason for getting the loan you want and attach the documents required.

What is the time frame to receive it?

Because Paydaydaze is available round the clock, the decisions generally are made in a matter of minutes, and then they are processed as fast as they can with no delay of more than a couple of hours.

Our team quickly evaluates the request with analytic tools to find the best lender we can negotiate the most favorable deal with based on your current financial circumstances.

Then, you’ll be required to decide based on the loan contract written following your contract. This process will continue according to your chosen order until you find an acceptable option with the terms and conditions you are happy with.

Next, you only need to sign the contract electronically using an electronic signature and then return it to your lender. The money will be deposited into your account once you have signed the document.

Receiving a payday loan generally will have a rapid turnaround time. The transfer can be completed on the same day, during normal office hours. But, the lender determines the exact timing duration, and you and your bank delays in processing can be experienced.

Can I still get A Loan Even if I Have Bad Credit?

Some customers may be concerned about failing to pass the verification procedure to get the financial aid they need through payday loans because they need a better credit score or reputation. Some may have yet to have any credit history even. Paydaydaze acknowledges that people could be able to get this loan due to a tough situation.

Thus, there’s no reason to be worried because our role is to talk to lenders to allow everyone to obtain the required assistance. The greatest benefit is that since this is an unsecured loan, you don’t have to show you have assets to receive approval.

In any event, indeed, a FICO credit score isn’t something lenders typically look at. However, it may be something that a specific lender is looking at, the loan amount could be reduced, or the cost of borrowing could be increased if there have been any issues in your credit report.

Can I get multiple credit cards at the same time?

It is contingent on the information about the number of credit options you may get at any particular moment based on the terms of your loan contract. You will also find information concerning a cooling-off period determining when you can take on another credit. Read the conditions carefully and talk to your lender before signing.

The lender can decide and define each borrower’s terms and limitations in the loan contract. The amount of credit you receive could be directly affected by state laws that may restrict you from taking more than one loan at one time.

Is there a limit to the Maximum I Can borrow?

In general, Americans in the USA take out a loan of $375. However, most customers seek out a loan within the $375 mark.

We strive to give our customers the highest cost we can offer if we are certain of getting reimbursed.

The more successful the transactions you make, the higher your chances of getting access to a greater amount. We also will discuss the installment plan with you in case you require a larger amount from the start to reduce the chance of not receiving your loan promptly.

Can My Payday Loan be Renewable?

While this isn’t advised, it could happen because now and then, we find ourselves in a situation where we are unable to pay off a loan and need the ability to extend it.

Additional interest might be imposed to extend the time frame for repayment. It is recommended to discuss renewal conditions with your lender because it could result in additional costs, which could affect your financial situation further. Examine the laws of your state, and they might be prohibited.

What happens if I’m unable to pay on time or at all?

Examine your terms and conditions in the loan agreement to determine the consequences of payment that is not made.

We strongly recommend that if you’re experiencing or are experiencing instability, you seek out our help as soon as possible for alternatives to adjust payments or speak to your loan provider directly.

Orville Bennett

Orville Bennett


Orville Bennett is the person who founded Paydaydaze which is an aggregater of bad credit loans and payday loans. Individuals who are denied credit from traditional lending institutions may utilize our services to secure loans in emergency situations. For instance, a car repair or boiler repair rent payment.