What to Do Before Getting Louisiana Payday Loans
Understanding how Louisiana payday loans work can cause a lot of confusion. But here at Cash Cow we make it easy.
From the definition of payday loans to how to get one in Louisiana, we are going to cover everything you need to know right here.
What Are Louisiana Payday Loans?
Louisiana payday loans are short-term financial aids that can get you from $100 to $300 fast cash to cover your emergency expenses. The funds are available for cash pick-up in as little as 30 minutes after you begin the application process, and you are typically required to pay it off by your next payday (hence the loan name).
What Can You Use Louisiana Payday Loans For?
Louisiana payday loans are useful for funding emergencies of any kind, including:
- Fixing home damages (roof, pipe leaks, etc.)
- Paying off medical bills
- Covering the unexpected car repair expenses
- Funding necessary but unforeseen travel
Originally, they were created to tide you over until your next paycheck. But they are best used for emergencies.
What to Do Before Getting Louisiana Payday Loans
1. Make Sure You Can Repay the Loan
Payday loans require some source of income as a guarantee that you’re capable of paying the money back. However, at Cash Cow we also accept non-employed sources of income. This includes:
- Pension and retirement funds
- Unemployment benefits
- Social security checks
All we ask is that you have the official documentation that proves the regular occurrence of the income. And if you do, you have all chances to qualify for your Louisiana payday loan.
2. Gather All the Documents
The entire loan process only takes 30 minutes, but that can lengthen without the necessary documents. To make it as easy as possible for both of us to move the process along, please make sure you have the following documents before you get started:
- Your state-issued photo I.D./Driver’s license
- Your most recent pay stub (as stated above, this can be from non-employed income too)
- A blank check from your active checking account
3. Keep in Mind That All Credit Types Are Welcome
As you probably know, traditional bank loans require a perfect credit score to consider you as a qualified applicant. With payday loans, however, you can have good, bad, or non-existent credit and still gain approval!
We believe that you shouldn't be penalized or judged for your financial past. So, you have chances to get a payday loan with us regardless of your credit history.
4. Talk to Your Partner
Of course, before you sign any financial agreement, it's worth talking to your partner about it (if your financial situation affects them too). Plus, they may come up with solutions to your financial hiccups that haven’t been considered yet. A second opinion is always helpful.
If you don't have anyone to turn to, you can always give us a call for immediate advice.
Advantages of Payday Loans
We've touched on a few payday loan benefits already. But if you're looking for some extra goodness, take a look below:
1. Easy to Handle
You can make your regular payments online. Just log into your account and follow the instructions. Phone calls or in-person meetings are no longer a necessity.
When compared to traditional loans, payday loans are more convenient in terms of timeframe. You can get one in as little as 30 minutes and avoid long waiting periods.
3. No Long-Term Commitment
Some loans require you to repay the loan over 12 months or more. Long-term loan commitments are often tiresome frustrating. With payday loans, however, it will be over and done in a matter of days or weeks.
How to Get Louisiana Payday Loans
Over the years, we have streamlined our process to ensure a stress-free, quick, and transparent experience. We don't like to waste your time, so we make sure that never happens.
Just follow the steps below to obtain a payday loan from us at Cash Cow:
- Either give us a call or use our easy online request form to send your information straight to your nearest Cash Cow Louisiana payday loans location.
- Wait for one of our friendly loan representatives to give you a call. They will answer any of your questions and tell you about the process.
- Bring your state-issued photo ID card (driver's license, for example), most recent bank statement, a blank check from your active checking account, and your most recent paystub to your closest storefront.
- After the loan representative verifies your paperwork, you will receive your money on the same day! This process usually only takes around 30 minutes.
Begin the Process Today!
What are you waiting for? You can get fast cash today! Start the Louisiana payday loans process with us right now by filling out a short intake form on our website. We can't wait to help curb your financial worries.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.