Online payday loans are short-term loans. They provide immediate access to funds when you need it for a financial emergency. These loans are processed easily and have very few qualification requirements. However, you need to meet these basic requirements to qualify for an online payday loan.

Requirements to Qualify for Online Payday Loans
As per the Consumer Financial Protection Bureau (CFPB), payday lenders require that you must:
• Be at least 18 years of age
• Have valid identification
• Provide income proof
• Have an active checking account to receive funds

Learn more: What Are the Requirements to Qualify for Online Payday Loans?

Author's Bio: 

FaaastCash is a trusted online payday loan referral service helping people overcome their short-term financial emergencies. Our safe and secure online loan application makes it easy and convenient to get payday loans online. We have a large network of qualified lenders to increase the chances of approval for a fast cash loan.