Green Lane Loans

Eligibility Criteria for Payday Loans

Learn what you need to apply for a loan and have it approved

Checking your eligibility carries no obligations.

At Green Lane Loans, we strive to simplify the process of connecting borrowers with potential lenders. While we don't set the eligibility criteria — that's the prerogative of individual lenders — we're here to share some common requirements that most lenders usually have. Keep in mind, satisfying these criteria does not guarantee loan approval, but can help increase your chances.


Legal adulthood is a prerequisite for entering into any financial contract. Therefore, borrowers need to be at least 18 years old. Proof of age will be required, which could be a driver's license, passport, or any other valid identification.


Lenders usually require that you are a resident of the state where the loan is being offered. Proof of residency may include a utility bill with your current address or a rental agreement. In some cases, a valid state ID can also serve as proof of residency.

Employment and Income:

Many lenders require that borrowers have a steady source of income, which doesn't necessarily mean traditional employment. You might be self-employed or receive regular income from social security, child support, or disability. Proof of income may include pay stubs, bank statements, or legal documents verifying regular income.

Bank Account:

A valid checking account is typically required for both the deposit of the loan funds and the automatic withdrawal for repayments. Lenders may require recent bank statements to verify your financial standing.

Credit Score:

While payday loans are known for being accessible to those with lower credit scores, some lenders might still check your credit history. They often use this information to determine the interest rate and terms of your loan. However, many lenders in our network are flexible and consider other factors, like your income stability.

Contact Information:

Lenders require valid and current contact information. This typically includes an email address and phone number. In some cases, you might also need to provide a home address.

Social Security Number:

A Social Security number is typically used to verify your identity and run credit checks. Your SSN will be handled with strict confidentiality and security measures.

Please remember that while these are common criteria, the specific eligibility requirements can differ from lender to lender. Once we connect you with a lender, they will provide their particular requirements. We encourage you to thoroughly understand these criteria, the loan's terms, and conditions before accepting a loan.

Our commitment at Green Lane Loans Brokerage is to provide a transparent and understandable lending process. If you have any questions or need more information about the eligibility criteria, please don't hesitate to contact our customer support team at [email protected]. We're here to help you!

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