Democracy Federal Credit Union Payday Loans Review - Alexandria, Virginia

A low credit rating doesn't have to prevent you from applying for payday loans. They are one of the few easy loan products available to people with a poor credit rating. Payday loan approvals depend very much on other factors. They will check your wages and subtract all your expenses. Typically, your score won’t be affected by a payday loan, as long as you repay it in full and on scheduled.

To get approved for a payday loan, you must meet the following requirements:

• be 18 years old or older;
• be a U.S. citizen or permanent resident;
• be employed and have a steady income;
• have a valid checking account in your name;
• have an email address and phone number.