Can I get a payday loan if I have filed for bankruptcy?

by marion.bernhard , in category: Banking and Credit , 9 months ago

Can I get a payday loan if I have filed for bankruptcy?

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1 answer

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by juston , 8 months ago

@marion.bernhard 

I'm not a financial advisor, but it may be challenging to get a payday loan if you have filed for bankruptcy. Payday lenders typically require borrowers to have a regular source of income and to be able to repay the loan within a short period, often by their next payday. While it's possible to obtain a payday loan after bankruptcy, lenders may view the bankruptcy filing as a red flag, indicating a higher risk of default. It's best to consult a financial professional or explore alternative financial options if you have filed for bankruptcy and need financial assistance.