What are quick cash payday loans? Are they better than a loan from my bank?
Quick cash payday loans are a fast and easy way to borrow against your next paycheck so you can pay bills on time and make ends meet when there’s not quite enough in your account to get through until payday.
How and when can I apply? Is there an office near me?
The “office” is as close as your laptop or smartphone, because the entire process is completed online. The application is completed on the website – which is optimized for mobile so it will read just as clearly on your phone or tablet as it does on a full sized computer screen. Since the internet never closes, you can apply for quick cash payday loans at any time of the day or night, whenever is most convenient for you!
How long does it take to get approved?
Lenders are available 24/7, just like the application is. Once you hit “submit” it takes just 90 seconds for your request to be evaluated and for you to receive your answer.
What if I have bad credit – do I have a chance?
Having a bad credit score will not affect your chances of approval! Quick cash payday loan lenders realize that there are many reasons that someone might have had financial troubles at some point in recent years, and that doesn’t necessarily indicate that they aren’t deserving of the opportunity to borrow money now when they’re having a cash crunch. They use a different set of criteria to determine approvals – one that doesn’t involve running a standard credit check.
Do I need to put together a financial statement or provide last year’s tax return?
No documents are required or requested! Lenders base their decision strictly on the information you provide in your application – no credit references, bank statements, pay stubs, or tax returns are needed.
How fast can I get the money if I’m approved?
Quick cash payday loans live up to their name! Lenders will transfer the funds to your bank the same day you’re approved, usually within hours. Banks have different policies regarding clearing deposits, but it’s usually an overnight process. This means depending on the day and time you apply, usually your funds will be available as soon as the next business day.
I’ve heard these loans are expensive – is that true?
Payday loans are very competitively priced for what they offer. In addition, the no-obligation online process provides consumers the opportunity to compare offers – which means the industry has to respond to the demands of the market and compete for your business!
How does repayment work? Are there late fees if I forget?
Quick cash payday loan repayments are drafted from your bank account automatically on payday, so there’s nothing for you to do or remember!