Payday Loans In Alaska
Anyone can be faced with an unexpected bill or expense and find themselves short on cash when they need it most. In Alaska payday loans are available to help tide you over until your next paycheck from work, and this type of short term financing requires no credit check. The process can be completed at a physical store location, or for your convenience an online service can be used to obtain your funds quickly.
- Alaska USA FCU
- Wells Fargo
- Credit Union 1
- State of Alaska
- US Army
Percentage of users that own their home vs. those who rent.
Percentage of users that deposited their loan into a checking account vs. savings.
Percentage of users with employment income vs. those on benefits.
The Alaska Pay Day Loan Process
Unlike going to a bank and asking for a traditional loan, a cash advance is secured by the income you receive at your place of employment. In order to obtain payday loans Alaska residents must be over the age of 18 and have proper identification such as a driver's license. You will be asked to provide a copy of your most recent bank statement which shows that you have an active checking account.
Whether you reside in Anchorage, Fairbanks, Juneau or any other community in AK payday loan laws are the same. The minimum term of the loan is 14 days and the actual date of repayment is determined by your pay period at work. The maximum amount you can borrow is $500 and the finance charge is clearly stated at the time you borrow. No additional fees or hidden charges are attached to the loan. If you use an online service to fill in your information you will be matched with cash advance lenders that can contact you directly and offer you a loan which can be deposited directly into your checking account via electronic transfer. The entire process is simple and you can have your cash as early as the same day.
No Background Check Required
Obtaining a loan from a bank can be a lengthy process that usually involves an extensive credit check before approval is given. For pay day loans Alaska residents need only show a steady income from their job or other source such as government benefits. This is because the loan term is quite short and repayment of the loan plus applicable fees is assumed to come from your next paycheck.
If using an online service to obtain an Alaska payday loan you will be contacted by a direct lender that can offer you funding in several easy steps, namely faxing or emailing documentation about your bank account as well as proof of income. Some lenders do not even require this step but will transfer funds based on the information they already have on file.
Repayment Of A Cash Loan
If you complete the information process online your repayment will be deducted automatically from your checking account on the date agreed upon by you and the lender. Your bank routing number and checking account number is all that is needed to have your repayment withdrawn and sent to the lender. You can therefore obtain a payday advance without ever having to leave your home, which saves time and paperwork.
Remember that Alaska pay day loans are meant to be used in an emergency only and are not considered long term financing. Use the services of a direct matching site such as Easyonlinepaydayloan.com and obtain the cash you require today!