4) Receive The Loan Amount In The Bank Account

Ensure that in the form, and allow me to insist with this, all the information is correctly entered and spelled without errors. Typos entered in the forms for direct cash loans will have as a consequence, a longer processing time since it cannot be approved automatically and instead will demand the intervention of a customer service representative to ask you to correct the errors. Thus, it is very important that you perform a strict check in the application form before pressing the “Submit” or “Send” button.

No one can guarantee that a loan will be approved for you, so because of legal reasons nobody can ensure you a “guaranteed approval” of our direct cash loans.

Nevertheless, you can receive an immediate decision upon completing our easy online application, which only requires the submission of basic information. So fill the form without errors for a faster processing.

Direct lenders will request solely simple documents from you, therefore it is almost sure that you have them with you already: an ID, an utility bill or any document that proves where you live. Therefore, all the required documents are already with you at home.

It is not a problem if you do not have an agreement in paper with the tenant and no utility bills on your name, or you just have a prepaid card without your address. Simply take your bank statement online, filter the item list and retrieve only the results where there are incoming payments of the last months. In this way, you prove a source of income.

Therefore, for sole proprietors, independent contractors, and workers in the gig economy it is also easy. As you do not receive paychecks or paystubs, simply utilize the 1099 form, or payday loans CO bank statements of the last incoming payments.

Furthermore, with us, you can evidence your source of income for direct cash loans with an alimony, the income of your spouse, unemployment benefits, social security income, pensions, child support, annuities, bank statements where you filtered your incoming payments, workers compensation, trust fund received periodically, installments of structured settlements, and veterans assistance.

Any evidence as a sole proprietor of current activities, that can demonstrate that you have a sort of regular source of income and that you can pay at least the accrued interests of the loan at the due date.

2) Receive Approval

Legally, nobody can guarantee an approval, despite the popular name of bad credit loans with guaranteed approval. Nevertheless, the immense majority of direct cash loans are approved unless there is a typo in the form that raises an error or that the documents that prove the source of income are not uploaded.

3) Accept Or Reject The Offer

Previously, analyze the due date, the terms and conditions of the loan. After the conditions are read and you understand how much you will receive in your checking account, and how much you will pay at the due date of the obligation, then sign and accept the loan.

This part that we have just discussed is the same for all of the financial instruments like these direct cash loans.

Once the terms are agreed, the lender will proceed to transfer the amount to the checking or savings account that you have provided when you submitted the application to the loan.

The reason for that schedule in the transfer to your account is that normally lenders perform a cutoff at noon, and all the loans approved that morning, are included in a batch transfer order, or also called bulk transfer order. That bulk transfer order is broadcasted by the lender, through the financial institution of the lender, to the checking accounts of all the recipients of direct cash loans whose approvals were completed in the morning.