woman approved for payday loan

What Are The Easiest Payday Loans To Get Approved For?

As a general rule, payday loans are easy to access. But why is this the case? And which ones are the easiest? We're going to reveal which are the easiest payday loans in Louisiana to get approved for, so stick with us for the full rundown.

Finding The Easiest Payday Loans To Get Approved For

What Makes A Loan Easy To Qualify For?

If you have tried acquiring a loan through a traditional lender like a bank, you know how stressful, time-consuming, and just downright difficult it can be. You need a bunch of financial documents and must fill in a ridiculous number of forms. And then, you're made to wait weeks on end for approval! Thankfully, online lending has boomed, and with it, a changed landscape for borrowers and lenders alike. There are constantly easier and faster ways to get cash when you need it most.

The internet has allowed lenders to specialize and focus more on subprime borrowers who have less-than-average credit scores.

Alongside all this, the technology has made the processing times much shorter since lenders can make approval decisions on all kinds of factors. The algorithms employed by online lenders often include a range of non-financial elements that ensure lenders can match risk levels to borrowers accurately.

The growth and change seen in the industry make online small loans, like the payday variety, easy to apply for thanks to:

  • Flexible lending requirements
  • Faster approvals
  • Specialisms
  • Accessibility (i.e., same-day bank deposits)

Where Can I Find The Easiest Payday Loans To Get Approved For?

Payday loans are short-term financial aids designed to be repaid by or on your next payday. They're aptly named, as you can tell. There has been a rather large surge in demand for payday loans recently. They are highly popular, probably due to the fact they are really easy to acquire.

Payday loans are strictly for small dollar amounts. Usually between $100 and $500, with some lenders (like us at Cash Cow) capping the lending amount to $300. The low principal ensures the financial aid impacts you for a short time only.

the easiest payday loans to get approved for

But which Louisiana payday loans are the easiest to gain approval for? Well, since they all have pretty similar terms, you should stick with well-trusted payday lenders like our Cash Cow team in Louisiana. We ensure that all credit situations are welcome: good or bad.

Figure out how to get one of our payday loans by following the steps listed in the next section.

How To Get An Easy Payday Loan With Cash Cow In Louisiana

The process takes as little as half an hour. Depending on the time of the day you start the process and on your bank delay policies, you will get your cash either on the same or next business day. Here are the steps to get one of our payday loans:

  1. Either call your local Cash Cow location or fill in the form on our website. It will send your information to your nearest storefront.
  2. If you go with the form route, one of our friendly loan representatives will give you a call back to do the following:
    • Answer any questions you have
    • Tell you about the documents you must supply
    • Inform you about the rest of the process
  3. After the phone call, head to your local Cash Cow store with your driver’s license or state-issued photo ID, a 30-day bank statement, your most recent pay stub, and a blank check from your active checking account. Keep in mind that all the documents must be in your name.
  4. Our loan associate will look at all the items and consider whether you are eligible.
  5. If you are eligible, you will be guided through some simple paperwork and asked to sign a few documents.
  6. After that, you can get your much needed cash.

woman got payday loan cash

What Should You Use Payday Loans For?

Emergencies! They shouldn't be used for anything other than covering crises when you have no other option. Our customers use our payday loans for a wide range of unforeseen situations, including:

  • Home repairs
  • Car repairs
  • Medical bills that were unexpected or cost more than anticipated
  • Urgent, necessary travel costs

Can You Refinance A Payday Loan?

With online payday loans Louisiana has to offer, refinancing is possible. But you will need to talk to your agent at your local Cash Cow location to gain more insight.

Get A Payday Loan With Us Today

Now that you know that ours are some of the easiest payday loans to get approved for, go ahead and either give your closest Cash Cow a call or fill out the form to get started. You could get approved in as little as half an hour, and it takes less than 5 minutes to begin the simple process with us!


Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Mason Roberts

Mason Roberts is a seasoned economics writer and blogger with a knack for breaking down and simply communicating the ever-changing world of finance. He is philosophically committed to the premise that financial knowledge equals financial freedom.