Instant Payday Loans - Get the money you need quickly!
When you find yourself in a situation where you need money fast, instant payday loans are your best friend! You apply online, get immediate approval from the lender, and receive your funds quickly. Poor Credit is accepted! Regardless of your credit history, you solve your financial problems as soon as possible with payday loans.
What Are the Requirements to Get Payday Loans Online?
Some eligibility conditions might change depending on the lender or the state regulations; however, they are all designed to suit the average US citizen’s frames. Here is the criteria most payday loan lenders request:
- Be at least 18 years old
- Be a US citizen or a permanent resident
- Provide proof of regular income
- Have a valid bank account
- Have a valid email address and phone number
If you match all of the above, you are ready to get started!
What Is the Process of Immediate Approval Payday Loans?
To get started with the loan process, you have to fill in a quick online application. You have to submit your personal information such as full name, phone number, date of birth, social security number, employment status, banking information, and the loan amount you’d like to borrow. After you send in the loan request form, you will get instant loan approval.
Keep in mind that the term “instant” equals very fast when speaking of loan approval. It is physically impossible to receive the application’s ruling the next second after clicking submit; however, it is still a very quick process. You get the request approval in a couple of minutes.
When the loan approval decision is positive, the payday lender will contact you immediately and present you with the contract. You are responsible for analyzing the short term loan terms and conditions, including the interest rate. If you encounter any missing information, address it to the lender asap. When all is understandable, both you and the lender will digitally sign the online loan contract. No paperwork, no faxing needed for the entire process.
After you sign the contract, you will get the money as soon as the next business day, depending on the lender’s cut-off times. When the agreed loan period expires, the repayment funds will be automatically extracted from your bank account, so you do not have to worry about paying it off yourself.
Can You Get Instant Payday Loans without a Credit Check?
People with a bad credit score are on the same eligibility level as anyone else when it comes to instant approval payday loans. Quick cash advances are no teletrack loans, which means that lenders do not perform a traditional credit check like banks do when issuing credit cards. Payday lenders are more interested in your income information, which proves your ability to repay the online loan, rather than your credit score. Therefore, people with a bad credit history are welcome to apply for instant payday loans as well.
What Are the Benefits of Instant Decision Payday Loans?
Fast approval! – The online loan decision is made very quickly and sent to you within minutes. You will not be wasting any time waiting around to know whether you have been selected.
Overnight funding! – If you apply for an instant loan, you will usually get the money as soon as the next business day. Moreover, if you manage to submit the request for loan online before noon, you have great chances to get the funds the same day on a business day. If your application is approved after 12 pm, you will receive the money the next business day.
High eligibility rate! – The greatest part of applicants is selected to become borrowers. The criteria you need to match are basic and feasible for almost all US citizens, and the payday loans’ online applications are quick and easy to complete.
Bad credit, OK! – Have a shaky credit score? No problem with online payday lenders! There is no hard credit check when applying for an online cash advance, making it easier for any customer to quickly get their funds into the bank account, even with a bad credit history.
No paperwork, no faxing! – Instant payday loans do not require any paperwork. The procedure takes place entirely online from the application process up until loans’ repayment.