A payday loan can be your solution when you need some money fast. Applying for a payday loan is easy, and Viva Payday Loan can help you get the money you need with as little fuss as possible.
In this blog post, we will guide you step-by-step through the application process to get your loan approved as quickly as possible.
What is a payday loan and why is it important?
A payday loan is a short-term loan that allows you to borrow money against your next paycheck. Payday loans are usually small, ranging from $100 to $500. They are supposed to bridge you until your next payday.
Payday loans can come in handy in a variety of situations, including paying for an unexpected car repair or covering a bill that is due before your next paycheck arrives. Whatever the reason, a payday loan can give you the financial support you need.
Process of applying for a payday loan with Viva Payday Loans
Applying for a payday loan from Viva Payday Loans is quick and easy. We understand that when you need cash you need it fast; that’s why we offer quick payday loans online. Below is a step-by-step guide on how to apply for a payday loan with us:
1. Fill in your personal information
First fill out our online application form with your personal data. This includes your name, contact information and employment information. Then please select the amount you need and how long you would like to repay it.
Once you have done that, click Apply Now to apply for the loan. We will then review your application and decide whether or not to approve the loan. We will then contact you to inform you of the outcome of the decision.
2. Provide proof of income
The next step is to provide proof of your income. This can be in the form of a payslip, bank statement, or any other type of documentation that proves you have a regular source of income. Once you provide this information, the lender will usually ask you to fax or email it to them, after which they will review your application and make a decision.
If you are approved for a payday loan, the lender typically transfers the money to your bank account the next business day. You can then use the money for whatever purpose you see fit. Just make sure you pay off the loan on time as failure can result in expensive fees and interest charges.
3. Enter your bank account details
After you have provided your proof of income, the next step is to provide us with your bank details. This includes your account number, sort code and name as they appear on your bank statement. You may also need a social security number to perform a soft credit check.
This does not affect your credit score and is used to verify your identity and ensure you are eligible for credit. With this information, we can deposit the money from your loan straight into your account and set up automatic payouts so you can pay back your loan with ease.
4. Agree to the fees and terms
As soon as we have all the necessary information from you, we will review your loan agreement. This document contains the terms of your payday loan, including the amortization schedule, fees, and interest charges. Please take the time to read and understand this Agreement before signing it.
If you have any questions about the loan agreement, our customer advisors will be happy to help you. Once you are ready to sign, e-signature online or return the signed agreement by fax or mail. We’ll process your loan and get your money as soon as possible!
5. Get your loan
You will receive your loan in one business day or less if you are eligible for a payday loan with Viva Payday Loans. The money is sent directly to your bank account and you can use it immediately.
Apart from that, Viva Payday Loans offers many convenient repayment options. You can choose to pay off your loan in full on your next payday, or you can choose to make smaller payments over a period of time. There are no penalties for early repayment; You will only be charged interest if you have the loan.
Applying for a payday loan from Viva Payday Loans is easy and convenient. The application process only takes a few minutes and you can apply for a loan online or over the phone. Once you submit your application, the funds will be transferred to your bank account within 24 hours.
This is a paid advertisement. The verified credit websites are credit matching services, not direct lenders, so they are not directly involved in accepting your loan request. Applying for a loan through the websites does not guarantee acceptance of a loan. This article does not provide financial advice. Please consult a financial advisor if you require financial assistance. Loans available to US residents only. The loan website(s) owner may receive a commission from a third party when you submit a loan application.