F.A.Q. - Frequently Asked Questions

What are payday loans?

Also known as payday advance, cash loan, paycheck loan, faxless loans, a payday loan is a short term loan with unsecured nature that is mainly intended to take care of emergency or unexpected expenses until your next payday. You can get best and lucrative deals at Integrity Payday without any time obligation.

How do payday loans work?

You can apply online or at a payday loan store by filling out simple loan application forms. Once approved, which is almost assured if you meet certain minimal requirements, you sign an agreement. The loan is due on your next paycheck, but you can extend it, with two weeks increments, but you have to pay at least the late fee each time.

I have bad credit tag. Can I still get a loan?

Yes. This is what pushes most people to these loans. Payday loan lenders normally do not check any credit reports or ask for any form of collateral. Good or bad credit score, you both get treated equally for payday loans.

What about collateral?

As stated above, you do not need any form of "hard" collateral with payday loans. Your job and paycheck credential work as collateral here.

What if I have NSF's, overdrafts, charge-offs or a bankruptcy?

Usually the rules and requirements differ with each and every lender. But since payday loans are typically meant for sub-prime borrowers, you can still find someone to loan you unless your situation is really, really bad.

What are the approval requirements or criteria?

Our requirements are that you have regular income with checking or saving account and your age should be 18 years or above. One more thing is very important that you should have valid social security number.

Are there any upfront or application fees?

No. If you ever come in contact with a lender who asks for upfront or application fees for that issue then it may be a scam.

What if I do not have a valid checking bank account?

A valid checking bank account is very important to get these loans. But with online mode you can find some lenders who can endorse a loan even if you have a savings account. So, you can go and apply with them.

When do I get the cash?

Once your application gets approved, and you have signed all the essential papers, you can walk out with cash or a check right away, if applying at a store. If applying online, the loan amount get deposited into your bank account overnight - you can withdraw cash the very next day.

I do not have a job. Can I still gain from payday loan?

An honest answer if a big NO. But some lenders offer payday loans to the people who have other sources of steady income; you can show the proof of your income to the lender and get your loan approved.