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The basic requirements are you will need to have been employed for at least 90 days, be 18 years old, a checking account that is at least 90 days old and a net salary of $800 after taxes. Before you are approved the lender will verify you have no other outstanding cash loans online. You will be sent an email upon your approval. You do not have to fax anything since it is all done online.
The lender then determines how much they will let you borrow which is usually $100-$500. These type of loans come with many benefits. One nice benefit of is that some lenders offer multiple loan protection. This prevents you from borrowing more than necessary which leads you further into debt. Another nice thing about them is you should have a decision in less than fifteen minutes.
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