People's United Bank Payday Loans Review - Cambridge, Massachusetts

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2.2 5 reviews

485 Massachusetts Ave, Cambridge, MA 02139, USA
+1 (617) 868-0401
branches.peoples.com
Friday
8AM–4PM
Saturday
9AM–1PM
Sunday
(Easter)
Closed
Monday
8AM–4PM
Tuesday
8AM–4PM
Wednesday
8AM–4PM
Thursday
8AM–6PM
Testimonials

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Pay Attention

Above-defined info provides the details about a certain lending company. Below-defined info is devoted to general information about payday loans.

Payday Loans in Cambridge, New York

The financial product known as a payday loan is issued for a short-term: 2-3 weeks. $100-$1,000 is issued for cutomers.

This financial product in Cambridge, New York is taken out easily and quickly. The interest percentage is defined depending on the category of the borrower: the more loans are successfully paid back, the more attractive terms will be offered to you.

APR

25% small loan cap

How will People's United Bank help issue a payday loan in Cambridge, New York?

  • 24/7 service. Such Internet services allow you to credit funds at any time. Money are taken out day and night. The transfer will be sent to a account, so a personal visit to the office is not necessary.
  • No paperwork. The list of required documents is minimal. In most cases, an ID is sufficient. You do not need to provide a certificate of income.
  • Online application. The application is filled out and considered much faster than in banks. Money is credited within 24 hours after receiving approval.
  • High approval level. When it concerns to small amounts, a positive answer comes up 98%.
  • Availability. Banks provide loans at more stringent requirements on their customers. Age restrictions and bad credit will become barriers to taking out a loan. Payday lenders are more loyal to clients. The presence of minor delays and a low score does not guarantee rejection.
Fill in an application

What data to fill out in the application? - General Info

To submit an application, every customer should fill in the following data:
Loan Amount, Loan Purpose, Email Address
First Name, Last Name, Date Of Birth, Primary Phone Number, Driver's License Number, Your SSN
Zip Code, Street Address
How often do you get paid?, Next Paydate, Type of Account, How do you get paid?
Your Income Source, Are you in the military?, Your Employer Name, Your Monthly Net Income, Your Employer Phone Number
If you have $10,000+ in unsecured debt and would like one of our partners to contact you?, What`s your approximate credit rating?
Select your Bank, Select your Bank’s State, ABA/Routing Number, Account Number

Then you have to press a Submit button and get a decision.

Reasons

Why people issue payday loans?

Utility Bills

Healthcare Bills

Traveling

Car Repair

Clothes

Bad Credit Approved

Payday loans for bad credit

A unfavorable factor considered by financial institutions is known as bad credit history. But this hindrence is not reviewed as the only one by payday lenders to take out a cash advance. The lender review many aspects such as financial solvency to approve the form. Payday loans in Cambridge, New York may help enhance your credit score.

The following general points will be estimated before applying for a loan:

  • be at least 18 years old;
  • be a U.S. citizen;
  • be employed and have a reliable source of income;
  • have a checking account;
  • have a valid email address and phone number.
~ Credit score ~

Rate Your Credit Score

Low
300 – 579 points
  • No way to issue a loan
  • No ability to rent a room
Average
670 – 739 points
  • 80% of loan approval
  • Apply for all loan types
Perfect
740 – 799 points
  • 95% of loan approval
  • Apply for all loans incl. mortgage
Rate your APR

APR Calculator

This calculator is meant for calculating the annual percentage rate. This is a definite cost of the payday loan.

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