Payday Loans

1 hr Payday Loan Fast Approval

Payday Loan Requirements

Payday lenders may have different requirements regarding your payday loan. In all cases, regardless of the lender,  you must:

  • be 18+ of age,
  • have an income of at least $1,000 (employment, ssi, alimonywelfare, benefits, etc)
  • be a US citizen or resident
  • be a Canadian citizen or resident if you request a payday loan in Canada

You will have to provide your personal details, such as your  full name,  date of birth,  employment info, income, phone number, email and your bank account number where your loan is to be transferred. You can request a loan every day 24/7, including Saturday and Sunday (weekends and holidays).

No Documents

Online direct lenders with whom we have partnered don’t ask consumers to submit documents but that doesn’t mean they can’t.  In general, the entire process is paperless and there is no faxing documents needed but some lenders may ask you to submit additional documents if they cannot verify your personal data.

No Hidden Fees

The lender is obligate by law to inform you about all the fees involved. The information will be sent to you after approval.

Guaranteed Fast Processing

Your loan request will be processed as soon as possible. It usually takes a few minutes up to an hour to hear from the lender. It is much faster than at traditional financial institutions, because you save on travel time and don’t have to wait in lines. You can request a payday loan online while sitting comfortably at home or at work as long as you have access to a computer. The fast processing of your loan request is absolutely guaranteed. Approval of your loan is up to each individual lender.

Credit Check

Most loan lenders perform a credit check when you request a loan. They may make exceptions of course. That all depends on each individual lender. Lenders may conduct a credit check through three major national databases such as Equifax, Transunion, Experian and other credit bureaus. When you request a payday loan, you must be aware that a credit check may be involved. Applying for a loan with many lenders can affect your credit. Too many inquiries into your credit report will have an adverse impact on your credit score.

No Credit or Bad Credit

If you request a payday loan for no credit, the direct lender can’t check if you defaulted on the loan in the past or if you’re paying your bills promptly on time. Having no credit history does not disqualify you from getting a loan. Bad credit may be a problem but it doesn’t have to be. The lender will make a decision based on the information you provide .

Money Same Or Next Business Day

When your loan request is approved, you will have to wait for a deposit to your bank account. Depending on the day of the week or the time of your request, you can expect the funds to be transferred on the same day or the next business day.

Speed Things Up

A payday loan is available right away if  you provide all of the required information accurately on your request form. If you withhold details or don’t provide details, this might delay the processing time or result in loan denial. The important thing is to provide your contact info, so legitimate direct lenders can contact you directly if there is a problem with  the request processing.

Remember that payday loans should be used only in emergency situations. It’s much better to get a cash advance from your employer instead.