Fast Loan Advance Requirements: Who Qualifies and What You Need
Before you spend time on any loan application, it helps to know whether you meet the basics. Here are the Fast Loan Advance requirements, what each one means, and how to strengthen your request if you're close to the line.
- You must be 18 or older (19 in AL and NE, 21 in MS) and a U.S. citizen or permanent resident.
- Steady income and an active checking account are required; there's no fixed minimum credit score.
- Lenders also weigh income stability, debt-to-income ratio and banking history.
Basic eligibility requirements
| Requirement | What it means |
|---|---|
| Minimum age | 18 or older; 19 in Alabama and Nebraska; 21 in Mississippi |
| Residency | U.S. citizen or permanent resident living in a state where loans are offered |
| Income | Steady income from a job, self-employment or benefits |
| Bank account | An active checking account in your name, ideally with direct deposit |
| Contact details | A valid email address and phone number |
Documents and information to have ready
- Government-issued photo ID, such as a driver's license or state ID
- Social Security number
- Employer name, pay schedule and monthly income, or your benefits source
- Bank routing and account number for your deposit
- A recent pay stub or bank statement, if the lender asks to verify income
Is there a minimum credit score?
No fixed minimum. Fast Loan Advance considers every credit type, including scores below 580 and thin credit files. A lower score usually means a higher APR within the 5.99% to 35.99% range, and sometimes a smaller first loan. See bad credit loans for details.
What lenders look at besides your score
- Income stability: how long you've had your current job or income source
- Debt-to-income ratio: how much of your monthly income already goes to debt payments
- Banking history: regular deposits and few overdrafts show you manage money well
- Loan amount and term: a request that fits your income is easier to approve
Is there a minimum income?
There's no single published minimum, because lenders look at whether the payment fits your budget. As a rule of thumb, keep total monthly debt payments, including the new loan, under about a third of your take-home pay. Use the loan calculator to check a payment before you apply.
How to improve your approval odds
- Request only the amount you need
- Choose a term that keeps the payment comfortable
- Double-check your bank routing and account numbers
- Make sure your name and address match your ID
- Pay down a small balance first if your debt-to-income ratio is high
Meet the requirements? Start your request. It takes about two minutes and uses a soft credit check.
Frequently asked questions
What do I need to qualify for Fast Loan Advance?
You need to be 18 or older (19 in AL and NE, 21 in MS), a U.S. citizen or permanent resident, have steady income, and an active checking account in your name.
Can I qualify if I'm self-employed or on benefits?
Yes. Income from self-employment, Social Security, disability or other regular benefits can qualify if it's steady and verifiable.
Do I need a minimum credit score?
No. All credit types are considered. Lower scores usually receive higher APRs.