How To Get a Gig Worker Payday Loan
Gig workers like you often find it tricky to gain approval for loans, especially when you've just started your freelancing/contracting journey. But unbeknownst to many, you can get a gig worker payday loan relatively easily, provided you have the correct documents and follow our step-by-step tutorial.
In the following sections, we'll divulge our process, explain the required items, discuss the benefits, and answer some very frequently asked questions about gig worker payday loans.
Everything You Need To Get A Gig Worker Payday Loan
Before we jump into the process of securing a payday loan as a gig worker in Tennessee, take a look at the documents needed for approval:
- State-issued photo identification — We confirm your identity and age using a valid form of photographic ID. The majority of our gig-working customers prefer to use their driver’s license. However, you can choose from any of the following:
- A United States of America passport
- A United States of America passport card
- A United States of America military ID card
- A United States of America military dependent ID card
- A United States of America student ID card
- A United States of America non-driver's ID card
- Bank statement — We require your most recent 30-day bank statement to prove you have the money to repay the payday loan.
- Most recent pay stub — You need income to receive a payday loan. So, we use your pay stub to satisfy this requirement. As a gig worker, you may have different invoices for different clients. Supplying all your most recent proof of payments puts you in a better position to gain approval for the payday loan.
- Blank check — Please ensure you provide us with a blank check from a checking account open in your name. We can't offer you a loan using somebody else's account.
How You Can Get A Payday Loan From Us
We suggest gathering all the above documents before starting the process. That way, you can begin confidently, knowing you have everything you need for approval.
Our in-person process takes around half an hour, and you'll receive the money you need on the same or next business day. Simply follow our short procedure as outlined below:
- Complete the online form on this website. It should take around five minutes.
- Wait for one of our loan associates from your local Tennessee Title Loans, Inc. store to give you a call. They'll tell you about the process, ensure you understand the requirements, and answer questions.
- Head to your nearest Tennessee Title Loans, Inc. branch with the documents we discussed earlier.
- Upon arrival, our loan associate will analyze your documents to determine whether you qualify for the payday loan.
- If you gain approval, complete the approval process alongside our loan representative. You'll need to sign a couple of documents as per their requests.
- Lastly, you receive the money you need on the same or following business day.
The Benefits Of A Gig Worker Payday Loan
While you know you need a payday loan and how to get one, you might not fully understand the benefits. So, let's clear them up:
1. Easy Application
As you've already gathered, applying for a payday loan is seamless. In just six steps and half an hour, you can secure the money you need to fund all types of emergencies, such as:
- Medical bills
- Urgent travel
- Overdue bills
- Home repairs
- Auto repairs
2. Near-Instant Cash
The easy application ensures we don't waste time, allowing you to get the money in a matter of moments. You'll never need to wait longer than 24 hours to receive funding.
3. Up To $400 to Tide You Over
With a payday loan for gig workers from Tennessee Title Loans, Inc., you can borrow between $100 and $400 to bridge the gap between paychecks. But remember only to borrow the amount you need! Just because you can get the higher amount doesn't mean you should.
Payday Loan FAQs
How And When Do You Repay The Loan?
Generally speaking, your payday loan is due when you receive your next paycheck. But terms can differ, especially for gig workers. Therefore, your best option is to check your loan agreement or ask your local branch employees for more information.
Can You Apply If You Have Bad Credit?
Absolutely! You can apply and gain approval with a good or bad credit score. We accept people from all financial walks of life. After all, sometimes you can have bad credit through no fault of your own.
Submit Your Payday Loan Inquiry Right Now!
Start the gig worker payday loan process today by completing the short online request form. It only takes five minutes, and you'll get the money you need within 24 hours. Begin now to fund all kinds of emergencies.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.