What Do I Need to Get Payday Loans in Shreveport, LA?
Payday loans in Shreveport, LA is one of the easier loan options to attain simply because of the minimal number of documents needed. You won’t need to spend long gathering everything you need to apply. If you meet the age requirement and can provide your lender with the following documents, you can get the money you need when you need it in Louisiana.
What Is The Age Requirement For Payday Loans In Shreveport, LA?
As payday loans require a source of income, there is sometimes a misconception about who can apply. Essentially, anyone with a source of income can utilize payday loans – everyone except minors.
Although you can be employed and receive a regular paycheck from an employer at the early age of 14 in Louisiana, you won’t be eligible to apply for a payday loan. To be eligible to apply, an applicant must be 18 years or older. This brings us to the first required item needed to apply.
What Is Required For A Payday Loan?
Here, you will find the list of documents needed to apply for payday loans in Shreveport, LA.
To get a payday loan, you will need to provide your lender with a valid form of identification. It must provide photo identification of the applicant. It must also show the lender that you are of qualifying age to apply. The most acceptable forms of identification include:
- Driver’s license
- State-issued I.D.
Proof of Income
Payday loans are called payday loans for a reason. They act as an advancement of your upcoming paycheck. As a result, applicants must provide their payday loan provider with adequate documentation to show proof of income.
There are many forms of income that an individual may have. This includes
- Disability checks
- Alimony checks
- Social Security Payments
- Regular employment
For anyone who holds a job and gets regular paychecks, proof of income would then be in the form of your most current paystub.
For any other forms of income, it would be wise to contact your potential payday loan provider to discuss whether they accept your source of income and the acceptable forms of proof associated with them.
Lastly, you will need to provide your lender with a blank check. The blank check must:
- Be from an active checking account
- Be under your name
Payday loans are not always required to be paid back by your next paycheck. However, whatever the terms of your loan agreement, a payday loan provider will require a blank check to be left with them.
When the date comes for your loan to be repaid, your lender will not require any action on your part. Instead, they will fill out and cash the check. Once completed, you will have met the terms of your agreement and the lender will close out the loan.
Need to Get a Few Things Together?
Although the list of documents you need is short, you may find a need to acquire them. Below is a brief description of how to get the necessary items to apply.
- Photo I.D.- Both a driver’s license and state-issued I.D. can be acquired at your local DMV. You will need to present two forms of identification, such as a birth certificate, high school or college I.D., or social security card.
- Paystub- For regular employment, you can get your paystub come payday if you get paper checks. Otherwise, your employer can provide you with online access to your paystubs if you receive direct deposit.
- Blank Check- If you don’t have a checking account, you can easily open one up with your local bank. They will provide you with a handful of checks to use before you receive a checkbook in the mail.
Where Can I Get Payday Loans in Shreveport, Louisiana?
Do you have everything you need for a payday loan? Then Cash Cow of Louisiana can assist you in getting the loan you need.
Cash Cow of Louisiana Location
Cash Cow of Louisiana has multiple locations in the Shreveport area. With a reputation for providing customers with outstanding customer service, you can apply with an experienced store representative for a loan in the amount of $100 to $300.
The in-store application and approval process is fast and easy, taking as little as 30 minutes to complete. All you need to do is:
- Contact one of the Shreveport store locations to speak to a representative.
- Discuss the application process and confirm you have the required documents. Once confirmed you will be directed to visit the nearest store location to you.
- Present your lender with the required documents and complete the application process. If approved, you will receive your funds the same day or the following business day!
Get Started Today!
Cash Cow of Louisiana can get you payday loans in Shreveport, LA at your convenience. Get started by submitting a fast online form to have a representative contact you today.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.