How Do I Know and Check My Eligibility for a Payday Loan?

1. You Must Be a U.S. Citizen and Be 18+ Years Old

We can only provide payday loans to U.S. citizens. It is not legal to lend money to minors, so you must also be 18+ years old to qualify for a payday loan at our office. During the application process, you will need to provide documents proving your age, identity, and citizenship.

2. You Must Be Employed and Have a Verifiable Income

As members of the Online Lenders Alliance (OLA), we are dedicated to best practices in online payday lending – and as part of this, we do not lend money to people who are unable to pay it back.

You must be employed, and you must be able to verify your income and employment using a pay stub or similar document to obtain a loan from us. This ensures that you’re making money and will be able to repay your loan promptly.

3. You Must Have an Active and Open Checking Account

At Mypaydayloan.com, we do not send paper checks. We use a direct deposit ACH transfer to send your money directly to your bank account. Because of this, you must have an open and active checking (not savings) account with no holds or other issues. You must give us your banking information when you complete your application. Double-check your banking info when you fill out your application, as incorrect information can lead to delays.

If You Meet These Requirements, You Can Apply for Payday Loans

At Mypaydayloan.com, we make it easy for you to qualify and check payday loan eligibility and get the cash you need. As long as you can meet the above 3 application requirements, we can provide you with a payday loan and give you the cash you need to deal with unexpected bills and emergency costs. Apply now, or contact us if you have any questions.

Next-Day & Same-Day Funding cut-off times:

1. If your payday loan application is received and approved before 11:50 a.m. EST Monday through Friday, you should receive the funds the same day by 5:00 p.m. your time (If the same day funding is requested)
2. If your payday loan application is received and approved after 11:50 a.m. EST Monday through Friday, you should receive your funds by the next business day.
3. If your payday loan application is received and approved Saturday or Sunday, you should receive your funds Monday or the next business day by 5:00 p.m. your time (If the same day funding is requested)
4. If your payday loan application is received on a bank holiday, your application will be reviewed and approved the next business day.