Easy Ways to Speed up Your Loan Approval

At Payday Cash Loan, we pride ourselves on being the fastest payday loan provider in Australia, and also on providing a much-needed service that meets and exceeds the needs of our clients when they inevitably need us.

Loan approval can sometimes end up becoming a long and drawn out process. There are two reasons for this:

1. Clients can sometimes act slowly when contacting their payroll officer or informing Payday Cash Loan that they’ve done so.
2. Payday Cash Loan being unable to reach a client’s payroll officer when carrying out employment verification.

The above checks are carried out to ensure that a client’s application details were entered correctly and that they’re meeting all requirements of the Payday Cash Loan criteria.

Every day, Payday Cash Loan receives hundreds of loan applications, so getting hold of a client’s payroll officer may take a while. But we’re very proficient in this, and we can usually get in touch very quickly. Here are some things you can do to get the ball rolling.

1. Contact your payrolls as soon as possible and give them permission for us to collect your details. We cannot call until we’ve received permissions, so the quicker the act the better for all parties involved.
2. Make sure that payroll has your correct and current details on file. This will avoid extra time consuming actions like proof of address documentation.
3. Check all company procedures with your payroll officer. Some companies require an employment verification fax from Payday Cash Loan to be sent to the payroll containing details which need to be verified. You should also check if payroll will confirm your bank details with us. Do these things to save some time in your approval process.
4. Always make sure that you give Payday Cash Loan the correct details of your employment. This is especially important if you work for a large company. Also, provide Payday Cash Loan with the name of the payroll office you spoke to. You can also help to speed things along by providing us with a direct-dial number to the payroll office.
5. Find out if there is a specific time that Payday Cash Loan should contact your payroll office. Payroll offices are often busy people who don’t appreciate unsolicited phone calls at any hour. By specifying a time, you’re helping the process to move along more fluently and we can quickly take care of the heavy lifting.

Use these five hints to help your next loan application go through speedily and without a hitch. Payday Cash Loan is the best loan provider if you need fast money.

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