San Francisco Bay Area Bad Credit Pay Day Loans

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Advance America

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Refused with a loan provider? Listed here is a few of the reasons that are common denied the application.

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Wondering why the application was not authorized? We just simply just take you through probably the most typical factors why a loan provider might have didn’t make use of you.

1. You’ve got a lot of existing loans that are payday

Whenever you submit an application for an online payday loan, loan providers wish to see whether you really can afford the mortgage, in order element of the application they are going to have a look at your present finances.

• For those who have virtually any loans that are payday you’re presently repaying.
• In the event that you’ve applied for a lot more than one cash advance in the previous ninety days.
• If you will be by using this payday loan to settle another pay day loan.

For a few loan providers, if some of the above is the situation, that is sufficient reason to reject you for the loan.

2. You are unemployed

In the event that you do not have source that is regular of, numerous lenders will concern your capability to settle your loan. While you will find loan providers whom give consideration to unemployed candidates, your acceptance often relies upon a way to obtain income–whether that be work that is steady federal government advantages. In the event that you never fulfill these requirements, it might be why you had been refused. Continue reading →