Speedy Payday Loans

A: The total amount of money that you will be permitted to borrow depends on several factors which include your lender, the state in which you live and your unique financial situation.

A: Short term loans are generally small sums of cash—between $100 and $1000—that are made available to consumers in the event of financial emergencies regardless of their credit histories. This cash is generally available to applicants on the business day following their approval.

A: If this is the first time you have obtained a short term loan with a particular lender, there is a chance that they may ask you to fax some information to them for verification such as your bank statements or paycheck stubs. If this is the case and you do not have a fax machine, you can visit your local public library or UPS Store. They will fax this information for you for a small per-page fee.

A: The terms for repaying your loan will be listed in your loan agreement. The terms for short term loans vary based upon your lender and your individual situation. To make things simple for you, your lender will simply withdraw the amount of your loan plus any applicable fees and interest from your bank account on the repayment date. You will not have to visit a retail location or mail a check or money order. This paperless process also helps to negate the possibility that your payment will be received late. If you need an extension, you can contact your lender. Please keep in mind that extensions on your loan will be associated with additional fees and interest.

A: From start to finish, the entire process usually takes one business day. First, you will fill out our short two-minute application. Once you have submitted it, it will be forwarded throughout our network of lenders. In minutes, you will begin to receive offers. After reviewing your offers and selecting your favorite, you will receive your final approval in less than an hour. Finally, after you have provided your electronic signature, your lender will deposit your funds into your bank account on the following business day in most cases.

A: You are likely to be approved for a short term loan even if you have been turned down by banks and credit card companies in the past. We can successfully match more than 92% of the consumers who apply for the loan with at least one lender. The qualifications are:
• You must be at least 18 years of age, and you must legally work and live in the United States
• You must have a working telephone number and email address, and you must have a bank account in your name
• You must be employed for at least 90 consecutive days with the same employer and meet minimum income guidelines

A: Since the majority of the lenders in our network will not check your credit as part of the qualification process, your bad credit—or your lack thereof—is usually not an issue. As long as you can meet the basic guidelines, there is a very good chance that you will be approved for a short term loan.

A: Your lender will deposit your funds into your bank account on the business day following your loan approval and the receipt of your electronically signed loan agreement.