When you need money now, there aren't many things faster than payday and title loans. But there are a few things that you can do to make sure that you get approved for this loan and get your money even faster. It takes a little bit of preparation and foresight on your part, but it's definitely not difficult to do. In this article I want to show you some of these things that you can do to help you get the money you need as quickly as possible!
The first thing that you have to do is know what kind of loan you should be applying for. If you have a job and a checking account, you can probably get approved for either a title or a payday loan. The amount of money that you need will be what determines which you choose. If you just need a couple hundred bucks, go with the payday, and if you need more with longer repayment terms, choose title loans. Applying for the right one the first time is going to be your biggest time saver, and frustration reducer!
Next, figure out all of the paperwork that you're going to need to apply for the loan. This is especially important if you're applying for a loan locally. Call the lender before you leave your house to see what you need to bring with you. Generally it's your ID, Social Security card, paycheck stubs, checkbook, and maybe a bank statement, but each lender is going to have their own specific instructions.
Should you need references on your application, be sure to call everyone one of them beforehand to let them know that a call may be coming your your behalf. Some lenders use references as a part of the application, whereas others use them only to track you down if you don't pay your loan back, but you won't know which it is. Play it safe and tip off all of your references before submitting your application.
If you plan on getting a loan online, remember that your bank has to be open to post the funds transfer to your account. This means that if your loan is approved during the hours your bank is closed, you won't be able to access your money until the next business day. Applying during standard business hours is a good way to increase the odds of getting funds today.
Following the simple tips discussed above not only makes your loan process even faster, but it also greatly reduces your stress. Without having to run around to find paperwork the entire process will be very smooth and hassle free!