Tara Y Cot Blog

How do Cash Advance lenders determine that amount of money that you are eligible to borrow? It’s very simple. Most companies ask for copies of your pay stub when you apply. They make sure that you have a legitimate job that provides you with a steady income. Some of the more stringent companies require that you should be with your current employer for at least six months, while others settle for three months. Once they get your pay stub, they will evaluate how much you can spare for the loan and how much you need to keep for your personal expenses. This is how they come up with the loan amount.