Can I get a payday loan if I'm a senior citizen?

by elizabeth , in category: Banking and Credit , 9 months ago

Can I get a payday loan if I'm a senior citizen?

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1 answer

by paolo.leuschke , 8 months ago

@elizabeth 

Yes, senior citizens are generally eligible for payday loans, provided they meet the other eligibility criteria set by the payday loan lender. These eligibility requirements may include having a steady source of income, having a bank account, and being of legal age (usually 18 years or older). It's important to note that payday loans can come with high interest rates and should be considered carefully before taking one out. Additionally, some lenders may have specific policies regarding age limits, so it is recommended to check with the lender to confirm their requirements.