 |
 |
 |
How do I get started? To inquire about any of our services or to begin the application process: Call E-Mail us at info@royalloanco.com What is a Payday Advance/Deferred Deposit? As short term loan, a Payday Advance can help you receive cash immediately. To complete a payday loan transaction, you need to present a paycheck stub with your name on the check, photo identification, and 3 recent bank statements. Thereafter, you write a check to us for the amount and the lender's fee. We agree to hold the check until your next payday, while giving you the approved amount in cash. We use Teletrack, a national database of consumers, containing information about transactions with lending institutions, therefore, NO CREDIT CHECK WILL BE PERFORMED. What do I need to qualify for a Payday Advance? You need a government issued ID, a checking account that has been active for at least 3 months with a positive ending balance and no returned items or overdrafts in the last 3 months, be 18 years of age, employed the last 6 months, and have a steady monthly income of no less than $1000. How fast can I get money? The approval process takes minutes. Once approved for a Title Loan or Payday Advance, you can receive your money on the spot. To inquire call 800-845-0008 or E-Mail us info@royalloanco.com for further assistance. Is there a credit check? There is no credit check. We only verify the information submitted on the application. If I can’t pay off my collateral loan when it is due? Do not worry. You may pay only the interest and roll the collateral loan over for another loan period of 4 months. Royal Loan Co. |