Taking out a payday loan is a quick way to get your hands on the cash that you need to help with emergency expenses. If you’ve made it to our website, then it could be that you’re considering taking out a payday loan to help with your circumstances and need a bit information about those type of loans. The next thing you’re probably wondering is whether you would qualify for a payday loan.

Getting a short-term loan shouldn’t be an arduous process, so text payday loan direct lenders have made it as simple as possible. To qualify for a payday loan, all you need to do is:

  • Be Over 18
  • Be Employed
  • Be A UK Resident
  • Earn over £500 a Month
  • Have a Bank Account with a Debit Card

It’s that easy! So, if you’re reading this criteria and are thinking that you have all of those things, then you could find that you are accepted for a payday loan. It also doesn’t make any difference if you may have a bad credit rating from previous financial difficulties or even if you haven’t been able to build up any credit rating at all.

If you are approved for a payday loan, then you could even find that the money can be in your account very fast.

Instead of getting a more traditional high street loan, it’s only a simple and quick application process, just filling in a few key details confirming who you are (name/address) a way to contact you (phone/email) and information on your employment (to prove you are earning enough to repay the loan). If you think that you can provide all of this, then you can start your loan application process as soon as possible.

Criteria to qualify for a payday loan can vary from lender to lender, so it’s always a good idea to check payday loans lenders to see what they require.