Pay Day Loan Checklist

If you are looking to borrow some money from a text loan or a pay day loan lender here is a check list in which is needed to obtain a loan.

1: You will need to be over the age of 18 and be a resident of the UK

2: You will need to be in employment this can be either full time, part time or even self-employed, some pay day loan lenders will accept your loan application if you’re on benefits, normally as long as you have an income of over £300 you will be accepted for a pay day loan.

3: You will need a bank account with a debit card and the bank account must accept direct debits, as this is how you will repay the payday loan.

4: You may need proof of id and your income many lenders will accept your birth certificate and bank statements for you proof of income.

This is just the basic criteria in which a pay day loan lender will be looking for, each pay day loan lender is different and you must check with the lender before you proceed with your loan application.

For more information about text loans or pay day loanlenders please visit our main website www.textloanlenders.com