LOAN QUALIFICATION REQUIREMENTS

In order to qualify for a loan, you must meet ALL of the following 11 requirements:

1. You must be at least 18 years of age.

2. You must earn at least $1200.00 per month.

3. You must be currently employed and have worked at the same job for at least 6 months.

4. Prior to giving you a loan, we will contact your current listed employer and ask them to honor a Wage Assignment Agreement. This is an agreement by your employer to garnish your wages to repay the loan (plus any fees and penalties) should you fail to pay. This would authorize your employer to take money directly from your paycheck prior to paying you should you default on your loan. Should your employer not agree to a Wage Assignment Agreement, your application will be declined.

5. The company you work for must be listed in any of several resources as a bonafide, formal organization, or your application will be declined. For example, we use directories like Hoover 's, D&B, Manta and Google searches to verify the employer is legitimate.

6. You must be reachable at work during local work hours. We will make at least 2 attempts to reach the main company phone number operator or receptionist that you have provided on your application, to verify your identity and to confirm your authorizations. If you are unreachable, and don't return our calls within 2 weeks, or if the operator cannot identify your employment, your application will be declined.

7. The application must contain valid contact / information. We will call the contact phone numbers. Should your listed number be incorrect or disconnected or your application contain invalid or incorrect information, your application will be declined. 

8. Your application must contain a valid Social Security Number.

9. The provided Social Security Number must match your employment records.

10. The bank account information provided must be valid for both EFT deposits and EFT debits.

11. The signature on the application must match the name on the application.