How does Speedy Cash verify income?

You'll prove your eligibility with a valid ID that shows you are at least 18 years of age, and you'll provide proof of recurring income and updated contact information, such as a working phone number.


Does Speedy Cash approve everyone?

Anyone who meets the application requirements is eligible to apply for a Payday Loan, and may qualify for cash. Requirements to apply for a payday loan: Meet minimum age requirements in your state (18 in most states) Have an open and active checking account.

What credit score do you need for Speedy Cash?

But not just anyone can be a co-signer. They need to meet specific criteria, such as: Typical credit score: 670 or higher. Reliable income: Ensure repayment of the loan in case of default.


How does Cash Store verify income?

Proof of Income (i.e., recent paystub) Post Dated Check w/Principle and Interest. State Issued ID (i.e., Driver's License) Copy of a Recent Bank Statement.

What happens if you don't pay Speedy Cash?

If you don't make a payment to Speedy Cash on the day it is due, the company will attempt to cash the check. You will likely incur bank fees if the check doesn't go through. The company will continue to try to withdraw the money from your account until you make your payment.


DO NOT use Speedy Cash



Does Speedy Cash call your employer?

A payday loan lender won't contact your boss but will need to make sure that you meet the requirements necessary to be eligible for a loan.

How do you get approved for Speedy Cash?

Apply at a Speedy Cash Store - Simply apply for a loan, providing documentation of your age, identity, income, and checking account. You could be approved for a loan on the spot – often in just 10 minutes or less. Upon approval, you will receive your cash right away.

How do banks verify proof of income?

They could, though most will simply request to see a pay stub or bank statement, or they may use an e-verify system to check that you are employed where you say you are. Self-employed workers may need to provide tax returns to properly verify employment and income status.


How do bank statements verify income?

Paystubs and Other Documents to Prove Income

Employment Verification Letter: An employment verification letter verifies income or salary and dates of employment. Bank statements: Your bank statements document all of your incoming deposits, including payroll deposits, and the checks and debits coming out of your account ...

Does Cash Store approve everyone?

Yes! We want to help you get a fair deal — even if you have bad debt, no credit score, or no credit history.

How does Speedy Cash verify employment?

Do you call my employer? Yes, we call your employer to verify your employment; however, to protect your privacy, we will not divulge that we are calling from Speedy Cash.


Does Speedy Cash check your credit?

The application process for a Speedy Cash loan is fairly straightforward. Here's the personal information you'll need when you apply. Speedy Cash will perform a credit check once you apply — which could negatively affect your credit scores by a few points.

How much of a loan can I get with a credit score of 550?

How big of a loan can I get with a 550 credit score? The amount you can qualify for with a credit score of 550 usually depends on the lender. One lender that considers borrowers with a credit score of 550 is Avant. They can lend up to $35,000, and their rates range from 9.95%-35.99%.

How many pay stubs do I need for a payday loan?

We have a $20.00 application fee and all we need are your two most recent pay stubs.


What is the easiest installment loan to get approved for?

The easiest installment loan to get approved for is a personal loan with no credit check because the lender doesn't perform a hard inquiry into your credit history.

Can I get a Speedy Cash loan if I already have one?

How many Installment Loans can I get with Speedy Cash? You cannot have multiple Installment Loans open simultaneously with Speedy Cash. However, you may be able eligible to qualify for another loan, such as a Title Loan or Payday Loan in addition to having an open Installment Loan.

How can I prove my income without pay stubs?

W-2s, 1099s, and tax returns

In lieu of showing your pay stubs, a W-2 Wage and Tax Statement can also be used to verify income. Some people—like freelancers, contract workers, and entrepreneurs—receive a 1099-MISC form. A 1099 is also issued for interest and dividends, and government payments.


How many bank statements do you need to prove income?

Does a bank statement work as proof of income? Many landlords will accept bank statements as proof of income as long as they show at least two paychecks being directly deposited into the account. In addition to a bank statement, landlords may want to receive an employment verification letter.

What can I use as a substitute for proof of income?

Payslips (dated within the last 3 months) Payroll bank account statement, web screenshots of online banking payroll credits or mobile banking app.

Can you show savings as proof of income?

Show proof of income from a pension, a 401(k), Social Security, dividends or savings. You also might consider enlisting a guarantor, a person who can guarantee payment on your lease.


Can banks find out your income?

In a word: yes. If you've ever applied for a loan, you know that banks and credit unions collect a lot of personal financial information from you, such as your income and credit history.

What happens if you lie to bank about income?

If you knowingly lying on a credit card application, means you are committing a crime known as loan application fraud. Here's the deal: Loan application fraud is a serious crime that carries hefty penalties. If you are convicted of the crime, you can face up to $1 million in fines and thirty (30) years of jail time.

How do I get the money I can't get approved for a loan?

Using a credit card, getting a payday alternative loan from a credit union, or borrowing from family or friends are all options if you're not able to get cash through a personal loan. These options aren't perfect: Credit cards can have high interest rates, and getting loans from family can be risky.


Why can I not get approved for a payday loan?

The most common reasons you would get denied for a payday loan (or any loan) would be your credit score, your income, and your past borrowing history. While many payday lenders do cater to borrowers with less-than-average credit scores, some won't lend to you if they know you don't have the ability to repay the loan.

Does Speedy Cash do a hard credit pull?

Oct 9, 2019 ... Speedy Cash Payday Loans will not do a hard inquiry with the three national credit reporting agencies (Equifax, Experian, and TransUnion).