Getting Approved for a Short-term Loan

Consumers who have bad credit or no credit are often too discouraged to apply for short-term loans. Fortunately, the criteria for getting qualified are relatively simple to meet and more than 90% of the individuals who apply for these loans are approved.

Basic Qualifications

Before a website like fast1500.money can submit your information to lenders, you must be able to meet basic qualifications. These involve being at least 18 years of age or older, a legal resident of the United States, and having a steady source of monthly income (e.g. employment, SSI, etc.). While your credit score will typically not affect your ability to obtain funding, you will not be approved for a loan if you are currently in bankruptcy or if you have delinquent short-term loans with other lenders.

Requesting a Loan Online

Once you have determined that you meet the criteria, you can then submit your information to request a short-term loan online. Fast1500.money makes this easy and provides you with an online form that is fast and secure. In as little as two minutes, you can request a short-term loan from one of our lenders. Next, the information you provide is shared with lenders who will then contact you if they are willing to provide you with the funds you need. You will have the opportunity to review each offer independently and ignore any offers that do not suit your needs. After you have determined which offer is best for you, all you have to do is submit your electronic signature.

Required Information

If you have never had a short-term loan with a particular lender, you may be asked to fax in certain documentation for verification. This usually includes your driver’s license to verify your identity, your bank statements to verify that you have a bank account in good standing, and copies of your paycheck stubs to verify your income and employment status. If you do not have a fax machine, most public libraries and UPS stores will be happy to fax your documentation to the lender for a small fee per page.

Getting approved for a short-term loan is a fast, easy and secure process, and most people who request these loans are ultimately approved by at least one lender. If you need money and you need it fast, fast1500.money makes the process quick and simple.