Why do payday loan companies deny loans? I'm just curious.no lectures please.

I'm just curious.no lectures please.

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I got denied because I have a collapse from 2003.
I think you may also get denied if you already hold an outstanding loan with another payday loan/advance company.

Answers:
Here are some reasons you may hold been denied...
Insufficiant work history with current employer, you already hold a payday loan with someone else (there is now a national facts base so they can check to see how many you hold out, you are not allowed more than 2). Insufficent wages to cover the loan requested, and of course ruin.

I had a problem a while back...my roof be leaking (right into my 2 yearold's bed room). I couldn't get a payday loan and have no savings. I was lamenting to a co-worker surrounded by the breakroom one day and the HR manager walk in. She listened for a few minutes and after asked how much I needed...I told her $1000 to cover the deductible for insurance. She told me that our employer offers payday advances that you repay directly from your paycheck (they don't bring in it widly knowns because then people would treat roughly it!). So I was able to win the money I needed.

if your credit is not appropriate , then u don't get one..

Backruptcy can possibly cause a problem. Not intended as a address cause when you need money, you want money, but I must add that it is better to be denied than to get into that most horrible trap.

Companies will deny base on length of employment, checking account status, and overall stability

Oh ok I got this for you...

Better check on this... Im pretty sure you'll discover something...

http://www.cashadvancecrib.com/...