Most people, including Florida residents, understand the need for quick cash when unexpected expenses arise – medical expenses, car repairs, etc. Even people who have a steady source of monthly income can face a financial crisis. That’s when they need help in the form of a payday loan to make it to the next payday. If you live in Florida and are considering a payday loan, you need to understand what it is, how the loan works and what is required of you to repay it.
What Are The Requirements To Attain FL Payday Loans?
- When you go to a payday lender in Florida, whether online or in person, you must be at least 18 years old. It is illegal for anyone under the age of 18 to get a loan.
- You must be a legal Florida resident to get a payday loan in Florida. You can verify this status by providing your residential address.
- If you have a bad credit history, you can still get a payday loan. You just need to have a verified source of income (usually a job) that brings in at least $1,000. This will show the lender that you can repay the loan effectively.
- You need a valid email address and phone number for immediate loan approval. Without this information, the lender will not be able to contact you to tell you about the loan.
- You must not be in bankruptcy proceedings if you are trying to get a loan.
- The lender in Florida will also need information about your name and Social Security number (although no credit check will be done to determine your eligibility). You must also tell the Florida lender how much you want to borrow. Once this information is provided, you will be contacted about the approval or denial of the loan and familiarized with the terms and conditions.
Offer | Loan Amount | Direct Link |
Get Funds Asap | $ 100-5,000 | Get Started |
Lend You | $ 100-2,500 | Get Started |
Prime Time Advance | $ 100-5,000 | Get Started |
Cash Request Online | $ 100-5,000 | Get Started |
Money Aids | $ 100-5,000 | Get Started |
Payzonno | $ 100-5,000 | Get Started |
While quick payday loans in Florida can help you in an emergency financial situation, it is not a substitute for permanent financial problems. Do not take out more than one payday loan with multiple Florida companies, as you will only drive yourself into an even deeper financial hole that will seem endless.