$500 Loans
Sometimes $500 loans are all that stands between you and an emergency. With a sufficient amount of planning time, many of us could find a way to scrape together $500. However, life doesn’t always give us the time we need. There are going to be occasions where an emergency pops up and you need money to cover expenses now.
500 Dollar Loans
If you’re in a situation where you’re living paycheck-to-paycheck and trying to get ahead, a $500 expense can derail your budget and leave you scrambling just to pay the bills. When you need $500 fast, a payday loan might be your best option. These short-term loans are costly but can get you the money you need quickly.
Eligibility for $500 Loans
Eligibility criteria differ between lenders, but you’ll usually need to:
- Have a regular source of income
- Be a US resident
- Be over the age of 18
500 Loan Bad Credit
Usually, you can get a $500 loan even if you have bad credit. If you have a bad credit score and are wanting a short term loan, there are now more options than ever before. Individual lenders who offer $500 have become a lot more popular than larger banks as they offer bad credit loans. Larger banks and organizations do not tend to offer loans to those with bad credit, leaving them unsure where to go. But, here at LoanPigUSA, we can help you, even if you have a poor credit score.
Application Checklist For $500 Loans
Here’s what you need to apply for a $500 loan:
- Personal details. You’ll need your name, contact information and official documents to verify your identity – this can be your driver’s license, state ID or passport.
- Employment and income. If you’re employed, you’ll need to provide your employer with information and how much you earn.
- Welfare. If you receive welfare payments, you’ll need to provide information on how much you receive and how often.
- Finances and banking. Short term lenders usually require documentation of your banking history for the past 90 days.
500 Loan No Credit Check
Here at LoanPigUSA, we work alongside a panel of safe and secure lenders who all abide by their individual state’s rules and regulations when it comes to lending. But, as you probably are aware, there are plenty of lenders out there who are either loan sharks or fraudsters. These tend to be the ones who conduct loans with no credit checks. Sometimes you might not want to have a credit check conducted, but they are not as bad as you may think. They could actually help you improve your credit score if you are able to repay your loan in full and on time.
500 Payday Loan
The most common type of $500 loan is a traditional payday loan. This means that you pay it all back plus a fee the next time you get paid — within two to four weeks. It is a great way to be able to afford unexpected bills which may occur mid-month or even just to pay for essentials which you cannot afford. It is something to tide you over until your next paycheck.
500 Loan
Just because you are in need of money doesn’t mean that a $500 loan is right for you. Not everyone is in a comfortable position to repay the loan when necessary. This could cause further money problems. Paying back a loan on time is an essential aspect of borrowing. Some lenders offer the option to roll it over for a fee. Try to avoid this if possible — that’s how you can get caught up in a cycle of debt.
Remember: Payday loans aren’t legal in all states, so check if your state is eligible here.