Payday Loans in Fort Walton Beach, FL
If you need to cover unforeseen expenses, consider taking out a payday loan! Payday loans in Fort Walton Beach, FL, online can hold you over until your next paycheck arrives. With these advances, you can cover any immediate utility bills, medical costs, or any other expenses you’re dealing with at the moment. These are short-term loans with high interest rates, with amounts that can go up to $500.
Our service helps potential borrowers get in touch with reliable and reputable lenders. By completing our short application, you can qualify for a cash advance of up to $500 within hours. The entire payday lending process is entirely legal, and we follow all federal and state regulations to ensure everyone’s safety. Scroll down to learn all about the loan application process, laws, extra charges, and more.
How to Apply for a Payday Loan Online in Fort Walton Beach, FL
Applying for payday loans online is a fast and straightforward process. We digitized the entire application process so that you can do it from the comfort of your own home. Follow the steps below, and you can be done in no time!
- Head over to our website and click on the ‘Apply’ button.
- Wait for the loan application to load and fill in all the required details. Make sure to double-check all the information to avoid any unwanted issues.
- Wait while our lender network goes over your application and prepares different offers for you to consider.
- Select your preferred loan package and e-sign the loan agreement.
- Hold on while the transaction goes through and the money reaches your bank account.
What Will You Need?
Before you apply for payday loans in Fort Walton Beach, FL, customers must first meet several requirements. To help you in the process, we broke down all the necessary conditions you need to fulfill.
- Provide us with a valid, government-issued ID to prove you’re a resident of area code 850.
- Be at least 18 years old
- Social Security Number
- Prove a stable income source of at least $1,000 per month. You can use pay stubs or a recent bank statement.
- An active banking account
- A valid phone number and email address
How Much Can You Borrow?
The state of Florida limits all instant cash loans to $500 for a single advance. Alternatively, installment loans are capped at $1,000. Most of the time, our customers settle for a cash advance from the following range:
- 100 dollar loan
- 200 dollar loan
- 300 dollar loan
- 500 dollar loan
- 1000 dollar loan
Note that the approved amount depends on how qualified you are for the loan. So, if you successfully meet all our criteria – you’ll have no problem getting your hands on the financial advance.
When Will You Receive Your Funds?
Our lenders understand the urgency of the situation and insist on sending the deposit instantly. So, if we approve your application, you should have instant cash by the end of the day. Yet, this may vary. For instance, if you apply after our working hours, you’ll receive quick cash the following business day. The same goes for consumers that apply on a non-working day, like a national holiday.
APR and Fee
Payday loans in Florida come with an average annual percentage rate of 304%. As for the exact APR, that depends on the repayment term and the loan amount.
Payday loans online come with a verification fee of up to $5. There’s also a maximum finance charge of 10% for each $100 borrowed. Additionally, there’s an 8% charge for deferred presentment on installment loans.
Regulations Surrounding Payday Loans in Fort Walton, Florida
The state of Florida has a set of strict guidelines regarding payday loans online. These rules exist to protect all parties involved in the loan transaction. For instance, short-term loans are limited to $500. Installment loans, however, can go up to $1,000. There are two different kinds of repayment terms to be aware of. You must repay single payment loans within seven and 31 days. Alternatively, installment loans are due within 90 days. Moreover, applicants can only take out one loan at a time. Rollovers aren’t allowed, and customers must go under a 24-hour cooling-off period before requesting another loan.
Though small loans can be a lifesaver in some situations, you still need to know all your options. We gathered all the relevant information you need to know before you make your decision. Check out the top six advance payday loans we offer!
Bad Credit Loans
Our service accepts loan applications from clients with all types of credit. We go over several factors, not just your credit score. Applicants interested in a bad credit loan need to provide us with proof of employment and a monthly income of at least $1,000. By providing this evidence, the lender determines if you’re able to repay the loan on time.
If you own a vehicle and need instant cash, consider taking out a title loan. These short-term loans work by the borrower signing their car’s title over to the lender. Usually, borrowers can get loans that range from 25% to 50% of the car’s value. During the loan term, you can still use your vehicle. Once you’ve paid off the cash advance, the lender will restore full ownership to you.
Emergency Car Repair Loans
If you’ve been dealing with some car trouble, emergency car repair loans could be the solution to your problem. These short-term loans can cover your repair costs or any damages that occurred to your vehicle during an accident. Our lender network can provide you with both unsecured and secured loans.
No Credit Check Loans
The lenders at AdvanceSOS can provide small loans without a hard credit check. This way, you can still take out a cash advance to cover your urgent bills, but it won’t impact your credit. Still, our lenders will probably run a soft check to ensure you’re able to repay on time.
Payday Loans for the Unemployed
If you’re currently in-between jobs and need extra cash, payday loans in Fort Walton Beach, FL, online could be a great option. We consider all revenue sources, not just salaries. So, if you receive a pension, government benefits, or even retirement – you could be eligible for an unemployment loan. Additionally, having a good credit score can improve your chances of getting approved.
Legit Payday Loans
Our payday loans in Fort Walton Beach, FL, are entirely legal. AdvanceSOS operates within all state and federal regulations. You can rest assured you’re in safe hands when you’re taking out a cash advance with us.