I need a loan asap

If you need a fast loan, you’re in the right place. Payday loans online are the fastest way to provide you with cash immediately. Direct lenders this website is partnered with offer online loans from $100 to $1000.

Some people call payday lenders “loan sharks”

What is a loan shark?

Loan shark is a lender who charges extremely high rates of interest to borrowers who cannot qualify for standard loans from banks or credit unions.

Some licensed payday lenders are often called loan sharks especially by payday loan critics who believe that payday lenders charge high interest rates and resort to violent collection practices. This is not the case however. Payday lenders usually charge a fixed fee on their loans, for example $15 for every $100 borrowed. If you borrow $300, the fee would amount to $45, which is 15% due over the period of two weeks.

Bad credit

Many people borrowing money from payday lenders have poor credit. Payday lenders charge their high fees because people with bad credit have a hard time getting less expensive loans. However, if you need money and are willing to pay $15 or so for every $100 you borrow, payday loans might be right for you.

Need A Loan Now?

If you decide to get a loan now from a payday lender you must check the total charge that the lender applies to the loan. Since payday lenders are regulated, check with local authorities if the charge is legal in your state.