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Our Process
Submit The Form
The first step is to submit the form. Of course you'll also have to fill the form out with your contact information, SSN, and the amount you want to borrow.
Banking Screencap
It's not that we don't trust our customers but we realize that typos and other errors are unavoidable. That's why we check the online banking transactions of our customers to verify important details such as income source, pay schedule, and bank account numbers. We do this with an application that our customers install.
You Get Money
Once we've got the relevant information we will be in a position to send the funds direct to the customers's bank account.
Further Assistance
For further assistance or clarification on any part of the process contact us at support@mylouisianapayday.com or 504-434-4788.
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When To Borrow
Short Term Problems
Payday loans are supposed to be used for short term problems. Can you see being done with your payday loan in a month's time? Then we're probably a good fit for your financial situation. If that's not what seems likely, then maybe you should investigate a different avenue.
Small Sums Of Money
Payday loans only deliver a relatively small amount of money. In Louisiana that is particularly true, where we can only lend you $350 which is only barely enough to deal with most typical crises. Even after we build a long term relationship with our customers, state law prohibits lending more than $350.
Urgent Matters
The nature of the crisis will also inform the utility of getting a payday loan. Urgent matters like medical expenses or matters of life and death are obviously good candidates for payday loans while luxury items and recreation are typically not.
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