To help the regulatory and governmental authorities deflect the funding of drug tafficking and embezzling activities, US regulations now mandate all banking organizations, including payday advance loan companies to obtain, look at and maintain a record of info that identifies every person who starts doing business with them. You could be question how this impacts you. Whenever you incur Payday Loans, you will be asked for your full legal name, place of residences or business where you can be contacted, date of birth, and possibly some proof that might permit us to confirm that you are who you say you are. In addition, your SSN is only one requirement that you will definitely be required to render so that your status can be checked. Contingent upon the specifications of the specific payday loan business, additional provisions might be required: details might include: proof of earnings, such as a paycheck stub or letter from your employer and certain savings account information.