The most amazing fact that makes WeLoans distinct from all the available loan brokers in the market is its easy-to-follow steps. The users don’t have to put much effort to get a loan. Lauren Hargrave is a payday loan expert from WeLoans. You can learn more about her on this webpage. Now, let’s have a look at the steps:
- Submit Form
The initial step is of filling out the form that you will get after getting access to the official website of WeLoans. The form filling may need your name, age or address, etc. Make sure that you only provide authentic information to the tool.
- Choose to Offer
Your submitted form will then be transferred to the lenders and the willing lenders will send you their offers. You have to choose an offer that is based on your requirements.
- Complete Agreement
Once you have chosen your lender, then it’s time to have a look at the agreement that will contain the important terms and conditions of the loan. You have to approve the loan after reading the agreement carefully.
- Receive Amount
This step is the most demanding one as it includes the procedure where the loan amount will be transferred to your account. Make sure you have provided an active bank account to the lender.
Is There Any Requirement For Getting A Payday Loan?
If you are thinking of getting a direct lender payday loan from WeLoans then you need to make sure whether there is any requirement or not. Given are the requirements that you will be asked for while getting a payday loan.
- Income Source
Once your loan approval is done then it will be made sure to the lender that you have an income source. It means it is vital for you to have a reliable job so that the lender makes sure that you can return the loan amount.
- Active Account
Having an active bank account is a very important thing. The loan amount that is borrowed from you will be directly transferred to your bank account at the time of repaying the loan, it will be taken from your account automatically.
- Particular Age
You must be 18+ to request a loan on WeLoans. This is because less than 18 years are considered children and they don’t even have a stable income source hence it is compulsory to be 18+.
- Must Be A United State Citizen
No matter which platform you choose for taking a direct lender payday loan, if you are not a United States citizen then you will never be considered eligible for a loan. Moreover, you will have to face different complications also while approval.
- Active Contact Number
Having an active phone number is very important because the lender will have to contact you if by chance anything goes wrong. Hence, make sure that the number you are providing to the lender is active and that you manage to receive the calls if you get any from the lender.
Why A Person Need To Get A Direct Lender Payday Loan?
Now, the most important and common question that appears in everyone’s mind is why a person finds a need to get a payday loan. Some of the ways are given below:
- If you suddenly face any problem regarding your health then you have to get a direct lender payday loan and WeLoans is the best choice in this regard.
- If you think your house needs any renovation before it goes bad, then you can move forward with this loan.
- Paying rent payments have now become a real issue, especially for those who have to pay monthly. Getting a payday loan is essential in this regard.
- There may be a situation when you go out of budget in the middle of the month but have to pay the utility bills. Payday loans are a helping hand in this regard.
- Moreover, any damaging effect on the vehicle is another reason why you should get a direct lender payday loan.
Final Wording
There may be a sudden situation in your life when you have to get a direct lender payday loan then WeLoans is the best choice for you. This platform lets users get a desired loan from reliable lenders and then repay it to them at a fixed period. In the above article, we have discussed the whole procedure of getting direct payday loans from WeLoans.
Chloe Jacobs
