What You Might Not Know About Kenner, LA Payday Loans
Kenner, LA payday loans allow you to borrow between $100 and $300 without meeting very strict requirements when you come see us at Cash Cow. They're an option for those with less-than-average credit scores who need to cover unexpected bills or emergencies. However, there are a few things you may not know about getting a payday loan in Kenner, Louisiana that you should know. Here are five things you might not know about these loans in Kenner, LA.
5 Things You May Not Know About Kenner, LA Payday Loans
1. You Should Know How Much Your Emergency Will Cost You
The first thing you should know is the maximum limit for a payday loan from us at Cash Cow is $300. Knowing this will allow you to determine if this loan is worth getting in the first place. If you find that your emergency will cost you a lot more, it wouldn’t make sense to apply for this loan because it won’t be enough help for you. Therefore, we highly recommend taking the extra time to work out how much money you need to fund your emergency.
2. They Can Help You Get Out Of Financial Jams
It's no secret that most loans exist to get you out of sticky financial situations. And that's exactly what Kenner, LA payday loans can do for you when you can’t handle those costs alone – especially when you are in between pay periods at work. Many situations can justify seeking a payday loan, but you should only leave it for those situations that need immediate attention. Here are a few situations where a payday loan can help you:
- Funding home repairs like storm damage, broken window panes, electrical problems, oven issues, and more.
- Covering the costs of car repairs or services, such as transmission and brake pad replacements.
- Funding medical bills that were not expected or were more expensive than initially anticipated.
- Paying for urgent veterinary attention for your pets.
- Covering the costs of utility bills that were more expensive than usual.
- Avoiding a missed rental payment.
Even though the above are the most common reasons for taking out a payday loan in Kenner, Louisiana, that doesn't mean other situations don't justify you getting one. If you are unsure whether your circumstances justify taking out a payday loan, ask yourself whether it would get worse or become more expensive if left unpaid. Those who answer "yes, it would get worse if left unpaid" can typically justify a payday loan from us.
3. Your Credit Score Won't Be Affected
The next thing you should know is your credit score will not be affected if you repay your payday loan on time. In fact, we will not report to credit bureaus if you default on your loan repayments. So, if you're struggling to repay within the pre-agreed timeframe, you don’t have to worry about this hurting your credit score. For more information about this particular matter, please speak to one of our representatives at your local Cash Cow branch.
Do keep in mind that this won’t help your credit score either. In fact, if you were planning on getting this loan to help clear your debt permanently or fix your credit, you should definitely look elsewhere. This loan was not designed as a way to permanently clear you of debt. It isn’t a permanent solution for anything. Instead – like we said – it was designed to help with emergency expenses. So this means your credit will not be affected at all by this kind of loan.
4. You Won't Have To Deal With Long Lists Of Requirements
The next thing you should know is what items you must bring in. Unlike other types of loans at more traditional financial institutions, payday loans come with easy-to-meet requirements. In fact, we here in Cash Cow make the required items list short so you can be sure to remember everything you need. You just need the three things listed below:
- Your Driver's license or state-issued photo ID.
- Most recent pay stub to prove your income.
- A blank check from an active checking account in your name.
If you can provide all the above, you stand a good chance of finding out if you can get approved for Kenner, LA payday loans. And again, you do not need a near-perfect credit score to qualify. Bad credit borrowers are eligible to come in and find out if you qualify. With just these items, we can tell you if you qualify and how much we can lend you. Without them, you won’t get through our process at all.
5. They Should Be A Last-Resort Option
The final thing you may not (but need to) know about a payday loan in Kenner, Louisiana is that they should be treated as a last-resort option. We’ve said this all throughout the article because it’s important to keep in mind. While we have plenty of locations throughout Louisiana to help you out, you want to just keep this loan as last resort. They're made for those who have no other paths to walk to find emergency funding.
Get A Payday Loan Now To Fund Your Emergencies
Now that you know more about this loan, you can confidently get through our process quickly. Kenner, LA payday loans are last-resort options made for those wanting to get out of financial jams quickly. If you fall into that category, complete our easy-to-understand online request form on our website and one of our friendly store representatives will be in touch to guide you through the rest of the process.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.