Arkansas Payday Loans

To qualify for a short-term cash advance payday loan in Arkansas you need:

• Arkansas (US) residence
• Minimum regular income of $1,000 per month
• Valid checking or savings account with direct deposit
• Phone number and e-mail address (if applying online, you must be able to be contacted via phone if verification of application information is necessary)
• Not be a regular or reserve member of the Air Force, Army, Coast Guard, Marine Corps or Navy (or be a dependent of someone who is,) serving on active duty under a call or order that does not specify a period of 30 days or fewer.
• If applying Online, you must provide a valid Social Security Number
• If applying at Loan Store, you must bring a valid government issued photo ID. A Social Security Number might not be required
• If applying in-store, you must bring proof of income and proof of a bank checking account. Debit cards or pre-printed checks may be accepted in your state as proof of bank checking account; contact your local store for details. Acceptable documents may vary by state.

Online lending is becoming more and more popular as it has plenty of advantages:

• it gives you a chance to compare a lot of different offers at once,
• you can avoid driving, doing paperwork and waiting in lines,
• applying is free and simple, 
• you have very high chances of approval even with a bad credit score,
• you can find some lenders ready to give you the loan with no credit check,
• it's available 24 / 7.

Arkansas Payday Cash Advance are fast and easy to apply and get for any resident of the state that qualifies for the loan.

• Just fill out an application.
• Lenders decide whether to approve or deny the candidate.
• In the first case, the money is deposited into your account within 24 hours.
• The borrower writes the check for the amount taken plus fees and as soon as the loan is due the lender can cash it.

As Payday Loans are illegal in Arkansas, it is still possible to get credit or cash in other ways.

• Installment Loans. They are available in the amounts of $1,000 - $5,000. The terms vary between 36 – 60 months. The repayment is in fixed monthly installments.
• Personal Loans. Get up to $35,000 for any personal needs without a guarantor or collateral for up to 7 years term.
• Title loans, or Pawn shops. There may be also some restrictions. So, before applying check the terms and conditions.
• Credit card cash advance. If you have a credit card, consider a cash advance. Although expensive, this usually has a lower interest than payday loans and can help you get through a rough financial period.
• Tribal loans. These are money from tribal lenders that operate on Native American sovereign land and aren’t regulated under state law. Make sure you’ve checked the lender’s reviews and reliability.
• Get out a conventional loan from a bank or credit union. They are sometimes cheaper but take longer to get. Moreover, this option doesn’t suit borrowers with bad credit and those who don’t have a bank account or are not a member of a credit union.
• Speak with your creditors to settle your debt. If you are going to apply for a Payday Loan because of some large bill you can’t pay, consider regulating this debt in another way. Discuss it with your creditor. He may reduce the payments. You may ask a debt relief company for help in these negotiations.
• Try to apply through a loan connection service. They may find a suitable lender willing to offer you a small-dollar loan. Keep in mind that the lender you’re ultimately connected with must have interest rates and fees that abide by Georgia’s law.
• Ask family and friends for help. It may sound a bit embarrassing but it will definitely be the cheapest solution. Just don’t forget to pay the money back if you don’t want to spoil the relationship.
• Apply for Government assistance programs. The variety of help can be great when you need a little bit extra to get by but don’t want to take out a new line of credit.

Bad Credit Payday Loans is the type of credit given to borrowers with a FICO score below 640.

 “A credit score is a numerical expression based on a level analysis of a person's credit files, to represent the creditworthiness of an individual. A credit score is primarily based on a credit report information typically sourced from credit bureaus”.

It can influence the amount, the terms, interest rates, and actually your eligibility for the credit.

If you have bad credit, you can still apply for a Payday Loan. It’s up to the lender to decide, but they often approve such candidates. They typically have higher interest rates and shorter terms than loans offered to people with good credit.