Frequently Asked Questions for Payday Loans

What exactly is a cash loan?

A cash loan is a modestly sized, short-term, unsecured loan that provides you with money to tide you over until your next payday comes around. People utilize use cash loans to cover unexpected emergency expenses and avoid pricey overdraft and late penalties. With PaydayLoans.com you can conveniently request a cash loan online and have funds electronically deposited into your bank account in as little as one business day.

How much cash can I get?

The professional lenders with whom PaydayLoans.com works offer quick cash loans ranging from $100 to $1,000. The specific amount that you can obtain will be based upon the information you include in your online loan request form.

What are the eligibility requirements for loan borrowers?

Qualifying for a cash loan is far easier than qualifying for assistance from a traditional lending source such as a bank. You can get approved for a cash loan without needing to submit extensive paperwork and even if you do not possess perfect credit. You only need to meet the following criteria:

  • Earn a monthly income of at least $1,000 after taxes.
  • Be a minimum of 18 years old.
  • Be either a U.S. citizen or permanent resident.
  • Have a direct deposit–enabled checking account in your name.
  • Possess a valid phone number and a valid email address.

What’s the procedure involved in requesting cash loans online?

The procedure is quite easy. All you have to do is fill out the brief loan request form found here on our website and submit it online. Approval normally happens just minutes after you submit the form.

Is my personal information secure?

We completely understand and respect our customers' privacy needs in managing their personal finances, which is why we utilize a variety of security measures here on our website to maintain the safety of your sensitive personal information. All of the information transmitted between your Internet browser and our website uses 128 bit Secure Socket Layer (SSL) encryption technology.

When will my cash loan need to be repaid?

Your loan will normally need to be repaid on your next payday that is between eight and 25 days away. Each state has different rules and laws with regard to the timing of this date.

What if I’m unable to repay my loan on the date it's due?

If you cannot repay the total amount of your loan when it's due, it may be possible for you to ask for a loan extension. Our affiliate lenders typically offer customers a number of different payment options, including the following:

  • Paying the loan in full on the maturity date listed in your loan agreement.
  • Paying the finance fee and part of the principal on or prior to the maturity date.
  • Paying just the finance fee on the maturity date.

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Legal Disclaimer: With your use of this website you agree to PaydayLoans.com's Terms of Use, Privacy Policy, and E-Consent. A payday loan is a small, unsecured and short-term loan that's intended for use specifically as a form of short-term financial relief, and it's not meant to be a long-term financial solution. Consumers that find themselves presently struggling with debt and credit difficulties should seek out debt and credit advisory assistance. PaydayLoans.com is not a lender and nothing on this website constitutes an offer or solicitation to lend. Additionally, we do not work as a representative, broker or agent of any payday lender. PaydayLoans.com informs consumers of lenders who may meet the consumer's requested needs, and PaydayLoans.com never charges any fee for this service. Residents of certain states may not be eligible for a payday loan as eligibility is based upon lender requirements. Users are under no obligation to request any loan product or use PaydayLoans.com's service. It is standard for lenders of payday loans to perform credit checks with credit bureaus or for lenders to obtain consumer reports through alternative providers. In submitting your information, you are fully agreeing to be contacted by lenders or agents of those lenders.

Availability: Residents of some states may not be eligible for a short term cash loan based upon lender requirements. Our company does not guarantee that completing an inquiry form will result in you being connected with a service provider or lender, being offered a loan product with satisfactory rates or terms, nor receiving a loan from a service provider or lender. This offer and service provided by PaydayLoans.com is void where prohibited.