To qualify for a payday loan, the applicant should meet certain requirements. First off, the client should be at least 18 years old. It is necessary to have a checking account and provide an identification document. Aside from proving income with a special statement, the applicant should provide valid contact data. While not all lenders check credit scores, some do. If your credit history is bad or your debt-to-income ratio is unfavorable, the lender may reject your application.