What is Instant Payday Loan?
Instant Payday Loans or Instant Cash Advances is a type of financing provided to borrowers to cover emergency expenses such as car repairs or urgent medical treatment. This type of financing will allow you to receive money so that you can cope with your needs up to paycheck. Payment terms are usually up to 30 days.
How can I get Instant Payday Loan?
There are two options for how you can get an Instant Payday Loan - online and offline application. If you apply in person at the lender's store, you will be able to receive cash. If you wish to apply for Payday Loans online, the money will be transferred to your bank account.
How do online and offline applications work?
If you would like to apply in person, you need to visit the lender's nearest store. Experts will help you fill out a simple form if necessary. Your application will be approved and you will be able to sign a contract and receive funding.
However, please note that online application is the fastest and most convenient financing option at the moment. You will not need to look for a lender near you and waste time getting there, as you can apply from home! In order to receive money, you need to follow 3 simple steps:
- Submit your application. Visit the lender's website and fill out a simple online form. It shouldn't take more than 5 minutes.
- Wait for approval. The lender will answer your application almost instantly. If it is approved, he will contact you to discuss the terms of the loan and its repayment.
- Get paid. After signing the contract, the money will be transferred to your bank account within one business day.
Can I get a Payday Loan on the same day?
You are guaranteed to receive a response to your application on the same day you submitted it. Typically, payday lenders provide an almost instant solution. However, you should be aware that the money will be transferred to your bank account within one business day. Loans are called “instant” because you get an “instant decision”.
Important! You can receive money on the same day if your application is approved before 1:00 p.m. (Monday through Friday). If you receive a response after 1:00 p.m. you will have to wait for the next business day.
What are the requirements for getting Instant Payday Loan?
In order to get a loan, you must meet the minimum basic criteria:
- Minimum 18 years old
- US Citizenship
- Regular monthly source of income
- Active bank account
- Contact information (phone and email)