Qualification and Requirements

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To secure approval for a loan from Red Arrow Loans, applicants must meet the following criteria and it will help you to know red arrow loans review:

Minimum Age: Applicants must be at least 18 years old to qualify for a loan with Red Arrow Loans.

Citizenship: It is mandatory for the individual to be a US citizen. If someone lacks a green card or legal citizenship, they are ineligible to apply for a loan.

Military Personnel Exclusion: Regrettably, Red Arrow Loans does not extend loans to military personnel.

Minimum Income Requirement: A minimum monthly income of $800 is essential for loan approval. Meeting this income bracket is a prerequisite.

Minimum Credit Score: A minimum credit score of 540 is a mandatory requirement for loan applications. Having a higher credit score may attract better terms from other lenders.

 

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A <span style=”text-decoration-line: underline; font-size: 10pt; font-family: Lexend, Arial; text-decoration-skip-ink: none; color: #1155cc;” data-sheets-root=”1″>cash advance</span> is a short-term loan, typically taken against a credit card or from a payday lender, providing quick access to cash when you need it most. While it’s an easy way to get funds, it often comes with higher fees, so it’s best used for urgent situations only.

 

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