ParkLaneLending

Requirements

  • W-2 Employment Required:

    You must have a verifiable, recurring income from a W-2 employer. Income from self-employment, 1099 work, gig economy jobs, or cash payments is not accepted.

  • Direct Deposit Only:

    Your wages must be deposited via direct deposit into your checking account. Paper checks and cash payments are not accepted.

  • Payroll Retention Requirement:

    At least $250 must remain in your checking account at the end of your most recent payroll date. This demonstrates financial stability and consistent income management.

  • Bank Account History:

    You must have an active checking account in your name that has been open for at least three (3) months.

  • Age Requirement:

    You must be 24 years of age or older.

  • Income Threshold:

    You must have a net monthly income of at least $1,500.

  • Bankruptcy Status:

    You must not be currently in an active bankruptcy case, and you must not have plans to voluntarily file for bankruptcy.

  • Verifiable Contact:

    We must be able to reach you at the phone number provided in your application.

  • Additional Documentation:

    In some cases, we may request additional documents to verify your information, which may need to be submitted by fax or other secure methods.

  • Other restrictions may apply.

    Eligibility is subject to final verification and approval criteria.