Payday Loans in Vancouver, WA
Can I get approved if I already have an outstanding payday loan?
Yes, you can still be approved as long as your total outstanding balance is under $700 and you haven’t received eight payday loan checks in the last 12 months. If you reach or exceed either of these limits, Washington law typically means your application will be denied.
What exactly is a payday loan?
A payday loan is a short-term cash advance intended to help cover unexpected expenses like car repairs, medical bills, or overdue utility payments. For Vancouver, WA residents, the maximum amount you can borrow is either $700 or 30% of your gross monthly income—whichever is lower. These loans are generally repaid within 2 to 4 weeks, often on your next payday.
Do I qualify for a payday loan?
While payday loans are generally easier to apply for than traditional bank or credit union loans, there are a few basic requirements:
- You must be at least 18 years old and a U.S. citizen.
- You need to provide your contact details, including your phone number and email address.
- You must have a steady source of income.
- An active checking account is required.
Can I get a payday loan if I have bad credit?
Although your credit history is taken into account, having bad or no credit does not automatically disqualify you. We encourage you to submit your application for a complete review and credit decision.
How long does it take to get a payday loan?
The application process only takes minutes. You’ll receive an almost instantaneous decision, and if approved, your funds are typically available by the next business day.
