Payday Loan Lenders Can Help in a Time of Need

List of Best Short-Term Cash Advance Loans. Short-term loans are any sort of borrowing with a short repayment period. Short-term loans must be paid off between 6 to 18 months.

Payday loan lenders don’t exactly have the best reputation in the financial world. Judging by the number of complaints filed by customers of leading providers, one has to wonder if there are any quality lenders in the market.

Payday Loans: Best Lenders for Short Term Loans

6 offers

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LendYou
до $ 2 500
loan amount:$100-5000
age:18 years of age or older
loan term:2 to 7 years
est. APR:6.63% to 485%

information
  • valid checking or savings account with direct deposit
  • you should have worked at your current employment at least 90 days
  • be a US citizen/permanent resident
  • minimum regular income of $1,000 per/month after tax
  • have a checking account in your name
  • have a valid email
  • have a home/work telephone number

Get Started

USA NewLoan
до $ 5 000
loan amount:$100-5000
age:18 years of age or older
loan term:2 to 7 years
est. APR:6.63% to 485%

information
  • valid checking or savings account with direct deposit
  • you should have worked at your current employment at least 90 days
  • be a US citizen/permanent resident
  • minimum regular income of $1,000 per/month after tax
  • have a checking account in your name
  • have a valid email
  • have a home/work telephone number

Get Started

PrimeTimeAdvance
до $ 5 000
loan amount:$100-5000
age:18 years of age or older
loan term:2 to 7 years
est. APR:6.63% to 485%

information
  • valid checking or savings account with direct deposit
  • you should have worked at your current employment at least 90 days
  • be a US citizen/permanent resident
  • minimum regular income of $1,000 per/month after tax
  • have a checking account in your name
  • have a valid email
  • have a home/work telephone number

Get Started

Loans4USA
до $ 5 000
loan amount:$100-5000
age:18 years of age or older
loan term:2 to 7 years
est. APR:6.63% to 485%

information
  • valid checking or savings account with direct deposit
  • you should have worked at your current employment at least 90 days
  • be a US citizen/permanent resident
  • minimum regular income of $1,000 per/month after tax
  • have a checking account in your name
  • have a valid email
  • have a home/work telephone number

Get Started

PaydayCash
до $ 5 000
loan amount:$100-5000
age:18 years of age or older
loan term:2 to 7 years
est. APR:6.63% to 485%

information
  • valid checking or savings account with direct deposit
  • you should have worked at your current employment at least 90 days
  • be a US citizen/permanent resident
  • minimum regular income of $1,000 per/month after tax
  • have a checking account in your name
  • have a valid email
  • have a home/work telephone number

Get Started

Payzonno
до $ 5 000
loan amount:$100-5000
age:18 years of age or older
loan term:2 to 7 years
est. APR:6.63% to 485%

information
  • valid checking or savings account with direct deposit
  • you should have worked at your current employment at least 90 days
  • be a US citizen/permanent resident
  • minimum regular income of $1,000 per/month after tax
  • have a checking account in your name
  • have a valid email
  • have a home/work telephone number

Get Started

Qualifications

  • Minimum credit score: None.
  • Minimum credit history: None, this lending platform accepts borrowers with credit history too limited to produce a FICO score.
  • Minimum gross income: $10,000.
  • Employment: Full-time job, full-time job offer starting in 6 months, a regular part-time job, or another source of regular income.
  • Must have U.S. residential street address where borrower resides (unless military personnel on active duty).
  • Must be at least 18 years old.
  • Valid email account required.
  • Personal bank account with U.S. routing number required.

Pros

  • Allows secured and joint loans.
  • Offers a wide range of repayment terms.
  • Offers a 0.5% rate discount for setting up autopay.
  • Offers significant rate discount for checking account customers.
  • Offers rate discount with direct payment to creditors on debt consolidation loans.

Cons

  • Charges origination fee.
  • No co-signed loan option.

Online decision in seconds - Money within 15 minutes

Installment Loan
under $ 5.000
Payday Loan
under $ 1.000
Personal Loan
under $ 35.000

Some lenders have given the payday loan industry a bad name through unethical business practices that were used to prey on consumers. It’s common knowledge that payday loans have high interest rates but some lenders actually charge you even higher rates if you should be late for even one payment. Most of the worst offenders are short-lived providers of easy payday loans, who wish only to rip off their clients and take their money.

The best payday loan lenders only wish to help their customers overcome the financial hardships that they face. These lenders understand that their clients are real people who just need a little bit of help to get by, and they try to do everything they can for them.

The best payday loan lenders

These lenders may still charge high interest rates but it is usually in exchange for providing an unsecured loan. An unsecured loan is a loan that doesn’t require any of your property to be at risk if you should default on the loan. Other creditors require collateral, which is usually in the form of your house or vehicle.

Reputable payday loan lenders only have the ability to pursue you in court if you refuse to pay. They won’t be able to take away your home or means of transportation. If at any point you are unable to repay the loan you agreed to, you will have the option of taking out another loan and rolling the balance of the previous loan into the new loan. You should be careful when exercising this option though, as this can quickly snowball into an unmanageable debt to repay. If you should ever be completely unable to repay your debt, the creditor has the option to take you to court to get the money that’s owed.

There are many payday loan lenders to choose from. A quick search of the Internet will reveal hundreds, if not thousands, of payday lenders. Like any financial decision, you should always practice due diligence. The Internet has made researching companies extremely easy, so take advantage of this. Always read reviews and look into any company you wish to work with by verifying that their phone number and address actually exist. It’d be a shame to fall victim to a scam or even identity theft when you are already in a bad place financially.

Payday loan lenders

Payday loan lenders typically have a form you can fill out to apply for a loan online. Most applications are processed within minutes and loan dispersal can happen in less than 24 hours. Typically, payday lenders borrow between $100 and $5000. The amount they are willing to borrow to you depends on your work history and how much money you make. After your application is approved you will find out how much you can borrow.

Some payday loan lenders only pay by direct deposit and some will overnight you a check by FedEx or UPS. Sometimes having a check sent to you will also cost more. It’s important to understand all of the fees associated with your payday loan before signing the contract. Always be realistic about what you can actually pay back or you may wind up hurting your credit.

FAQ - Short Term Loans

Are online loans safe❓

It is safe to get a loan from an online lender; you just need to choose a reputable lender. Features like no credit checks and annual percentage rates above 36% should be red flags. Know the signs of predatory loans to avoid a debt trap.

Where can I get a loan❓

Online lenders, banks and credit unions all offer unsecured personal loans. While some online lenders can offer low rates and fast funding, you may get a better offer from your credit union or bank if you're an existing customer. Learn more about where to get a personal loan.

How fast can I get a loan❓

Some lenders say they can approve a loan application in minutes and fund a loan win a day or two of approval, while others may take a few days for each. Generally, you should expect to get the funds from a installment loan within a week of approval.

Can I get a fast loan with bad credit❓

Credit score requirements vary among lenders. Some lenders accept borrowers with good or better credit only; others will loan to bad-credit borrowers. Learn how to get a payday loan with bad credit.

Can I get a cash advance online❓

Cash advance online loans are quickly approved, and in most cases available on the same day for our clients. As soon as the submitted cash loan application has been approved, funds will be transferred into your account on the same day.

How can I borrow emergency money❓

You can get an emergency loan through a bank, online lender or credit union. It's best to compare emergency loans with alternatives to find the cheapest way to borrow money. Online lenders can fund loans quickly — sometimes the same or next day after you're approved — and many let you check your rate before you apply. It usually takes a few minutes to apply for a loan if you have all the required documents ready.