For most places, the minimum age to apply for a payday loan is 18, however state or Federal Laws where you live may impact the minimum wage so check with a local payday loan supplier
The age requirements for private loans and federal loans differ. Many private lenders require that a student be at least 18 years old to apply for a student loan. However, this is not a legal requirement. The minimum age to apply for federal aid is 16.
To qualify for a no fax payday loan all you need is a bank account and your ID. When you apply for one you will need to provide your ID for proof of identity and age, proof that you have a bank account, a proof of residency like a utility bill, and also your proof of income.
PAYDAY Express offers an interest rate of about ten percent annually, though it is known to be more if certain criteria, such as age or limitations, apply.
Typically to qualify for a fast payday loan, you need to be a US citizen over the age of 18 with a job that pays over $1000 per month and a bank account.
You must be 18 to sign a legal contract, i.e., to obtain a loan.
The age requirements for private loans and federal loans differ. Many private lenders require that a student be at least 18 years old to apply for a student loan. However, this is not a legal requirement. The minimum age to apply for federal aid is 16.
To qualify for a no fax payday loan all you need is a bank account and your ID. When you apply for one you will need to provide your ID for proof of identity and age, proof that you have a bank account, a proof of residency like a utility bill, and also your proof of income.
Although many lenders do not put an age maximum rule in place in their requirement list, the specified minimum age, legal age in most states (minus Alabama, Nebraska, Mississippi and Pietro Rico) would be 18.
I think 17 is the correct age to apply licence
No-a person must be of legal age to apply for a loan and in some cases, will need a co-signer for their first loan.
You have to be at least 16 years of age.
PAYDAY Express offers an interest rate of about ten percent annually, though it is known to be more if certain criteria, such as age or limitations, apply.
No, 16 is the minimum age to apply.
The current minimum age to join the Australian Defence Force is 17 years of age.
Payday loan companies do most of their business by fronting small loans to people who expect to pay back the cash when they receive their next paycheck. You may not be aware that these instant loan establishments also offer long term loans that you can repay in monthly installments. If you have no credit history or a poor credit score, you may choose to look into a long term payday loan as a source of funding. Those people with no credit history to demonstrate their trustworthiness include students who have not borrowed money or rented a residence before. Those with poor credit scores are often people who have defaulted on previous repayments. If you are in either of these situations, you may be refused a loan from conventional sources such as banks or finance companies. A lender that does not check your credit history, such as a payday loan shop, is much more likely to offer funding. Reasons for a Long-term Payday Loan You can purchase the following kinds of items with a long term payday loan: • A house • A car • Furniture • Appliances • Medical/Dental Care • Computer What You Need to Apply To apply for an installment loan from an instant cash company, you will need to provide the following documentation: • ID showing that you are over the age of 18 • ID showing that you are a U.S. Citizen • Proof, such as pay stubs, that you have been employed with the same company for at least 3 months (longer in some cases) • Proof, such as bank statements, that you have a checking account that has been active for a minimum of 3 months • An account number for direct deposit of your loan Drawbacks of a Long Term Payday Loan Since payday loan concerns doe not check your credit history, they are taking more of a risk in lending you money without assurance that you will pay it back. This is one reason that the interest they charge for this type of loan is exorbitant. Be sure you read and understand all the terms of the loan before agreeing to them.
Anyone of legal age, with proper credentials
Unfortunately, it's impossible as one of the main guarantees for payday lenders is stable job with constant income. Payday loan lenders take risks providing cash advances to people with bad credit, therefore they compensate this risk performing particular requirements, like legal citizenship, age of 18 and stable job. So, I'm sorry, but payday loans are not available for you.