What Is a Payday Loan

Payday loans, also known as cash advances, are short-term loans that borrowers use to cover immediate money needs and are repaid & mortar or online. With brick & mortar loans, a borrower must drive to the payday loan store, wait in line and fill out pages of a payday loan application. With online loans on the other hand, most applicants can apply online from the comfort of home and get their funds deposited directly into their checking account, making it the more convenient choice for busy heads of household everywhere.

Despite the ease of use, there are some requirements for applying for a payday loan.

  • Have a steady source of income
  • Have an active checking account
  • Be at least 18 years old
  • Be a U.S. citizen or legal resident

You’ll notice that having perfect credit is not a requirement, however. This can be a big relief for hardworking women or single mothers that may not have the best credit score or haven’t had a chance to build their credit history.

Relying on online loans can not only help get you out of a financial pickle, but they’re also a better option than other financial alternatives. That’s because unlike overdraft penalties or bounced check fees  -  which end up hurting your credit – a payday loan is a more proactive solution, allowing you to take care of immediate needs before they get out of control.

Nervous about applying for credit online? We understand that protecting your finances and/or your family is one of your greatest concerns. That’s why we work with only trusted online lenders to ensure they follow the regulation guidelines of your state. With our licensed online lenders, you can rest easy knowing that fast and reliable funds are just a few clicks away.

Want to see how much you may qualify for? Apply for a payday loan today.

THE OPERATOR OF THIS WEBSITE IS NOT A LENDER, does not broker loans to lenders and does not make cash advances or credit decisions. This Website does not constitute an offer or solicitation to lend. This site will submit the information you provide to a lender. Providing your information on this Website does not guarantee that you will be approved for a cash advance. The operator of this Website does not charge you for any service or product. Not all lenders can provide up to the maximum amount advertised. Cash transfer times may vary between lenders and may depend on your individual financial institution. In some circumstances faxing may be required. This service may not be available in all states, and the states serviced by this Website may change from time to time and without notice. For details, questions or concerns regarding your cash advance, please contact your lender directly. Cash advances are meant to provide you with short-term financing to solve immediate cash needs and should not be considered a long-term solution. Residents of some states may not be eligible for a cash advance based upon lender requirements