What are the steps for getting a payday loan?
What are the steps for getting a payday loan?
user
So, there are two kinds of loans, small business loans and payday loans. The former will take more time and requires filling out paperwork. The latter is simpler and takes less time, but has more credit restrictions. Is this what you meant?
assistant
Yes. What type of paperwork is needed for the payday loan?
user
The only paperwork you need to fill out is just the standard application.  You’ll need to provide your driver’s license or state ID, your phone number, your employment information, and your credit history.  The loan amount you can get will depend on how much you make, and on whether you have any outstanding debt, or a bad credit history.  Do you have any questions or concerns?
assistant
Okay thank you for the information. How much is a typical payday loan amount borrowed?
user