How to Get a Short-Term Loan

Generally speaking, a short-term loan is one that you repay within 15 to 30 days after receiving money from a lender. In most cases, there is no credit check or employment verification needed to get such a loan. What are some of the requirements needed to obtain short term loans bad credit?

You Need To Be a United States Resident

Most lenders that offer short term loans bad credit require that you are a resident of the United States. In some cases, you need to be a resident of a state in which the lender is legally able to operate. However, you don’t generally need to be a citizen or otherwise have a permanent legal status to qualify for a loan.

You Should Have Steady Income

Lenders will likely check to see that you have a steady source of income. Qualifying income could come from a job, rent checks from tenants or an annuity. Unemployment or other public benefits may also be used to qualify for a short-term loan. Even if a lender doesn’t have a minimum income requirement, it is good to know how you will repay a loan before borrowing any money.

Be Prepared to Verify Your Identity

Finally, you will be asked to verify your identity as a condition of getting a short-term loan. This typically means providing a copy of your drivers license or birth certificate. It may also mean providing a picture or some other proof that you are who you claim to be on an application. If you have used a lender in the past, the process may be bypassed or simplified for your convenience.

The next time that you need extra cash before payday, head to to find out how easy it is to apply for financing. At Short Term Loans, LLC, customer service is a top priority.

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