Mobile Payday Loans

What is a payday Loan online

A payday loan or a cash advance is a short-term loan that is to be repaid before the borrower’s next payday. Of course, this is not always the case. You can get a payday loan and repay it by installments. This is not recommended, because each time you renew your loan, you will have to pay a fee. This can considerably increase the overall cost of the loan, making it much higher than originally planned.

Short-term, unsecured mobile loans

Payday loan borrowers don’t need to offer collateral to take out a loan. No collateral (valuables such as cars, jewellery, etc) makes the loan riskier for the lender. For this reason payday loans are more expensive than regular loans, and much smaller for that matter. As a general rule, payday loans are designed to help borrowers deal with immediate financial problems while being relatively easy to pay back.

Credit check

All the lenders in our network may run a credit check and they usually do. Credit check is a very important tool allowing lenders to check customer’s credit history. This is very important when it comes to lending money.

Bad credit

Bad credit is not necessarily an obstacle. Although lenders in general prefer customers with good credit record, they also lend money to bad credit holders.

Fast payday loan approval in less than 1 hour

Fast approval means that you will hear from a lender very quickly. It takes several minutes to process your application. Bear in mind that payday lenders must comply with regulations and collect the materials they require to verify your application. In certain instances, they may require additional information, which may slow down the whole process or put it on hold until you provide the required documents. If you follow the steps and do the actions requested by a lender, you should get a loan in about an hour.

No Fax required

No-fax payday loan offers a convenient way to secure money for urgent needs. Some states may require additional documents, but they can be submitted online with no fax involved!

Mobile loan amounts

You can borrow the following amounts: $100, $200, $300, $400, $500, $600, $700, $800, $900, $1000. This is regulated by individual states. In some states, the maximum amount is $500 while in others a $1000 payday loan is available.

Repayment of an online payday loan

Most direct lenders use a repayment method called ACH, which is a type of electronic debit in which funds are directly withdrawn from your bank account.

Mobile payday loans may be legal in the following states:

Payday loans are legal in:  Alabama (AL), Alaska (AK), California (CA), Colorado (CO), Delaware (DE), Florida (FL), Hawaii (HI), Idaho (ID), Illinois (IL), Indiana (IN), Iowa (IA), Kansas (KS), Kentucky (KY), Louisiana, Michigan (MI), Minnesota (MN), Mississippi (MS), Missouri (MO), Montana (MT), Nebraska (NE), Nevada (NV), New Hampshire (NH), New Mexico (NM), North Dakota, Oklahoma (OK), Oregon (OR), Rhode Island (RI), South Carolina (SC), South Dakota (ND), Tennessee (TN), Texas (TX), Utah (UT), Virginia (VA), Washington (WA), Wisconsin (WI), Wyoming (WY).

Payday loans may be illegal in:

Payday loans are illegal in the following states: Arizona (AZ), Arkansas (AR), Connecticut (CT), Georgia (GA), Maine (ME), Maryland (MD), Massachusetts (MA), New Jersey (NJ)
New York (NY), North Carolina (NC), Pennsylvania (PA), Vermont (VT), West Virginia (WV), the District of Columbia (DC).