How to Open a Payday Advance Account
- 1). Log on to a payday advance company's website. There are several available such as Check 'n Go, Personal Cash Advance and My Cash Now. Choose a website that offers competitive loan rates.
- 2). Choose "Get Started" or "Apply Now" on the main web page for the company you have chosen. You will be taken to a screen prompting you to input your personal information. Enter you name, address, date of birth, Social Security number. Enter your email address and a password which will be used for future log-ins to your account.
- 3). Enter your income information. This will include the primary source of income, how often you receive a paycheck and the amount paid each period. You will also need to include the name and contact information of your employer.
- 4). Input the banking information for where you would like the money to be deposited. Use a blank check to determine your routing and account number. A routing number is a nine-digit identification code for your financial institution and is listed on the bottom left of your check. The account number follows the routing number on the check.
- 5). Agree to the company's terms and then select your loan amount and the amount of time before you expect to repay the loan. Some companies offer a limit on loan amounts and repayment periods.
- 6). Submit your information and if approved, you will receive notification on when the funds will be deposited into your account, as well as your repayment options.