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Can a retired person get a payday loan?

Submitted by Simonbowl on Thu, 09/28/2017 - 16:41
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Can a retired person get a payday loan? I need $3000 instantly.


Have you thought how you'll pay the exorbitant interest rate? Borrow from a credit union instead.


Submitted by SC on Mon, 10/02/2017 - 02:49

SC

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You can surely apply for payday loans. The lender will be asking your checking account details, where the income from your retirement savings is loaded. But are you sure you want to go for this? The interest rates are pretty high old man!


Submitted by Phil Bradford on Wed, 10/04/2017 - 05:35

Phil Bradford

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Hey simon,
Yes, you can get a payday loan. But the interest rates will be too high to handle for a retired guy like you. But if you are confident and the lender approves...the choice is yours.


Submitted by Barbara Delinsky on Wed, 10/04/2017 - 06:17

Barbara Delinsky

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