Note for Federal Employees: Speedy Cash requirements are intentionally broad — they serve the general public. Federal employees qualify for far better rates through BMG Money (19.99–35.99% APR) using your government employment rather than general credit criteria.
Speedy Cash General Requirements
Speedy Cash has relatively low qualification barriers, which is partly why their rates are so high — they serve borrowers who have fewer alternatives. General requirements include:
- At least 18 years old (19 in Alabama, 21 in Mississippi)
- Active checking or savings account (for ACH repayment)
- Proof of regular income (pay stub, bank statement, or benefit letter)
- Valid government-issued photo ID
- Active phone number and email address
- Resident of a state where Speedy Cash operates
Speedy Cash typically does not require a minimum credit score for payday loans. For installment loans, they may perform a soft or hard credit inquiry depending on the product and state.
Speedy Cash Requirements by Product
| Product | Min Age | Income Proof | Credit Check | Collateral |
|---|---|---|---|---|
| Payday Loan | 18 | Yes | Usually no hard pull | None |
| Installment Loan | 18 | Yes | May include soft/hard pull | None |
| Title Loan | 18 | Yes | Usually no hard pull | Vehicle title |
| Line of Credit | 18 | Yes | May include credit check | None |
BMG Money Requirements: A Better Fit for Federal Workers
If you're a federal employee wondering whether you qualify for Speedy Cash — the better question is whether you qualify for BMG Money:
- Active federal employee or qualifying retiree (FERS, CSRS, military, USPS)
- Enrolled in federal payroll allotment system
- Resident of a state where BMG Money is licensed (33 states + DC)
- U.S. bank account for fund deposit
- At least 18 years old
- No minimum FICO score required
If you meet these criteria, you can access $500–$12,000 at 19.99–35.99% APR — dramatically better than any Speedy Cash product. Check your BMG Money eligibility here →