What is a 1 Hour Payday Loan from a Direct Lender?
1 Hour Payday Loan is a simple short-term type of lending that allows borrowers with bad credit to get money quickly and cope with financial difficulties. Since the loan is short-term, you must pay off the debt on the day of your next paycheck. A One Hour Loan may be approved if qualified in less than 60 minutes. You can receive money to your bank account the next day or the same day as you applied!
Can I get One Hour Payday Loan with no credit check?
Payday Loan lenders don’t require traditional credit check. They can request a soft check however it does not affect the credit score. Thus, 1 Hour Payday Loan can be a great option if you have bad credit and urgently need funding.
What are the requirements for 1 Hour Payday Loan?
The advantage of this loan is that you do not need to meet a large number of requirements in order to receive a loan:
- You must be a US citizen or an official resident
- Minimum age 18 years old
- You should have Proof of income
- It is necessary to provide an active bank account
- Contact information (email and phone) is also required
Can I get 1 Hour Payday Loan no employment verification?
Since payday lenders do not require a traditional credit check, income is the main factor in getting your application approved. However, is it possible to get a loan without employment verification?
It is important for the lender that you are able to repay the loan on time, so they will ask for proof of income. This does not have to be official work - the main thing is to show that you are receiving payments. Also, pension or disability payments qualify as a source of income. Thus, if you are over 18 and have proof of income, you can get a loan.
Features of 1 Hour Payday Loan
- Instant solution of 1 hour loan
- Fast payments on the same or next day
- Simple and convenient application
- Ability to fill out the form online
- No traditional credit check
- No paperwork and long waiting times
- The ability to use for any need.
Why choose 1 Hour Payday Loan?
1. Fast solution
Oftentimes, credit unions and banks approve applications from a few hours to a week, which is quite a long time. A 1 Hour loan is the fastest way to get money to cover an emergency.
2. Bad credit is ok
Banks and credit unions do not lend money to borrowers with bad credit because they consider it too risky. However, even if you have a bad or poor credit - 1 Hour Loan will be your solution.
3. Simple and convenient application.
If you have previously applied in person, then you probably faced long lines and a lot of paperwork. Now you can save your time and apply online!
1 Hour Payday Loan FAQs
What are One hour Payday Loans?
One hour Payday Loan is a quick loan processed within 1 hour. You apply online in minutes and due to the lack of credit checks, the lender can provide you with instant approval in less than 1 hour.
How do One hour Payday Loans work?
One hour payday loans are the quickest type of financing when you urgently need to borrow money for some emergency. They are called "1 hour loans" due to a very easy application 100% online, instant approval, and same-day financing. Sometimes, it's possible even to get the money within one hour in case you visit the store for cash.
Where Can You Get One hour Payday Loans?
No doubt, it's the easiest and fastest way to apply for a 1-hour payday loan online. You won't need to do any paperwork or faxing, just complete the loan request on the lender's website. But then it may take some time to get the funds into your bank account, typically 24 hours.
In case you decide to visit the store, you may waste some extra time on filling in dosuments and waiting in a line but you get the loan in cash in less than 1 hour.