Skip driving and long lines in the store.
Online approvals processed in less than 1 hour.
Bad Credit Ok:
Many payday loan lenders give loans to people with bad credit.
Cash in Your Account:
Lenders can deposit money directly to your bank account.
You don’t need to leave your home to get a payday loan. Skip driving to a payday loan store and waiting in a long time.
Searching for lenders made easy.
Instead of you talking to multiple payday loan lenders by filling out several online forms, we help you do the searching with one simple form.
Once you are matched with a lender,
You will be redirected to lender’s website where loan terms will be presented.
Representative APR 391%
Let’s say you want to borrow $100 for two week. Lender can charge you $15 for borrowing $100 for two weeks. You will need to return $115 to the lender at the end of 2 weeks. The cost of the $100 loan is a $15 finance charge and an annual percentage rate of 391 percent. If you decide to roll over the loan for another two weeks, lender can charge you another $15. If you roll-over the loan three times, the finance charge would climb to $60 to borrow the $100.
Implications of Non-payment: Some lenders in our network may automatically roll over your existing loan for another two weeks if you don’t pay back the loan on time. Fees for renewing the loan range from lender to lender. Most of the time these fees equal the fees you paid to get the initial payday loan. We ask lenders in our network to follow legal and ethical collection practices set by industry associations and government agencies. Non-payment of a payday loan might negatively effect your credit history.
What You Should Know About Payday Loans Online
Are you looking for a quick short-term loan? When you run into a situation where you require some cash immediately, payday loans online come handy. Whether you have to meet an unexpected family expense or cover an accident bill, these types of loan work like a life-saver. Also known as cash advance, payday loans online are the short term loans that are aimed at helping those who are in need of some quick cash just before the pay day. These loans are generally given by institutions other than banks, and the limit ranges from $100 and $1000. The amount approved finally will be decided by the lender.
After the amount is approved, the cash advance will be transferred wirelessly to the checking or saving account of the borrower. The biggest catch about this type of loan is that it is unsecured in nature, and hence the rate of interest is usually high. If you are opting for this kind of loan, there are a few eligibility factors that you must meet first. These include:
- You should be employed in your present job for at least 90 days
- You should be more than 18 years of age
- You should be an US citizen or a permanent resident
- Your current salary should come around $1000 per month after deduction of tax
- You must provide a valid email address, home phone, and work phone number
payday loans online Are Highly Beneficial
When you need some cash immediately and you do not have the time to wait for the documentation and other formalities. Those who have declared themselves bankrupt or have a bad credit can still get a loan through this system, so there are no issues with charge offs, bounced checks, and other credit related issues. Another amazing advantage of payday loans online is that you can easily apply online by filling up a simple form.
It will hardly take you a few minutes to fill up a simple form and apply for the loan. After you submit your application, the approved amount will be credited to your account within one or two business days. Please remember that you would need a printer to get a print out of the official loan documents. The lender who gets your online application will ask you to fax some information and documents to him.
The information you provide to the lender is well protected and kept private, so there’s no chance of the private information being misused, so you can breathe easy!
There’s no such cost whatsoever to apply for this type of loan through the lender’s site. You simply need to pay the loan fees, which usually varies based on the amount of money that has been given to you. You will be notified about the exact amount of fees after your application has been approved.
Before opting for an online payday loan, you should remember that this type of cash advance is usually provided during emergency situations. And, if you are unable to repay the amount on time, then you might have to face some criminal charges or pay additional late fees.