1. Organize and Present Your Bank Statements:

While we offer no credit check loans, reviewing bank statements helps us assess your financial stability and repayment capacity. Be sure to provide organized and accurate bank statements that demonstrate consistent income and responsible financial behavior. Highlight your positive financial habits to strengthen your application. Organizing and presenting your bank statements in a clear and concise manner can provide us with valuable insights into your financial stability and help strengthen your overall loan application grade.

We usually require a bank statement that outlines the previous 30 days of activity. However, a broader timeline of activity is more fruitful for you in the end. The ideal time frame would be around 3 months previous.

What do we look for on a bank statement? When we analyze your statements, we always make sure to answer these key questions...

• How is Your Overall Account Stability?

• Do You Keep Consistent & Positive Balances?

• Do You Have Any Existing Loan Balances?

• Can We Track Regular Income Deposits? (also must match the income provided on the application)

• How Are Your Spending Habits and Financial Responsibilities Covered?

• Do You Have Any Overdrafts and/or Bounced Payments?

Answering all of these questions yourself previous to the application process is crucial to your approval.

2. Emphasize Employment and Income Documentation

As stated above, consistent income and positive balances in your account play a huge role in securing an online loan through TJM Financial. We prioritize understanding your income and employment situation to ensure you can comfortably repay the loan. Compile relevant documents such as pay stubs, tax returns, or proof of income from other sources. This documentation showcases your earning capacity and financial stability, supporting your loan application.

On our free loan application you can see 2 areas for submitting files. One is for your bank statement and the other is for your paystubs. The reason we only include these two is because we can draw a general conclusion from both of these means without too much further investigation. However, the more general information that you bring us, the better your chances are of securing a loan. Some optional examples of extra paperwork or reports that we would love to review as well are...

• Proof of Mortgage Payments/Rent

• Utility Bill

• Proof of Insurance Payments

• ETC.

3. Minimize Outstanding Debt

Although we don't factor in any sort of credit reporting, managing your debts responsibly is still crucial. If you have existing loan balances or debts, consider reducing them before applying for a new loan. Lowering your debt burden demonstrates financial responsibility and improves your overall financial profile. Here are some key considerations when thinking about debt minimization...

• Debt Consolidation

Through TJM's own Debt Consolidation Program, if you have multiple outstanding debts, consolidating them into a single loan can simplify your financial obligations. By combining your debts, you may benefit from lower interest rates, reduced monthly payments, and improved cash flow management. Learn how to get started today: