How It Works
What is a payday loan?
A payday loan is a quick and convenient way to get a short-term loan. Most lenders will approve you for up to $1,000 if you meet their qualification requirements.
What the qualification requirements for an instant payday loan?
To be eligible for personal payday loans you must:
1. Be a U.S. citizen or a legal resident
2. Be at least 18 years of age
3. Be employed at your current job for 3 months or more
4. Have an active checking or savings account
5. Earn least $800 each month after taxes
Is my information secure and confidential?
We utilize the latest secure 128-bit encryption on our online form. We respect your right to privacy and take the security of your information very seriously. The online payday application is confidential, and your personal information will never be compromised.
What is the maximum loan amount I can borrow?
Approved loan amounts will vary from lender to lender; however, the typical maximum instant cash advance amount is $1,000. The amount you will qualify is determined from a number of factors, most important of which is your monthly income. You should never borrow more money than you can pay back quickly. Remember, advance cash loans are meant to be short-term financial solutions, not just easy cash. Borrow responsibly.
How long will long is the approval process?
After we receive your loan request, a payday lender in our network will review your information and contact you immediately. They will inform you of how much money you are eligible to receive and you can get the cash you need within 24 hours in most cases.
How will I receive my cash advance?
Once approved, you will receive an email confirmation, and possibly a phone call, and your money will be electronically deposited directly into your bank account.
Do I need collateral?
Your collateral is your next paycheck. The loan will be repaid when you receive your next paycheck from work.
What if I have bad credit?
Absolutely not! Cash Loans does need to check your credit report. If you have bad credit, a bankruptcy, or no credit at all you can still qualify. This is why instant cash advance loans are such a great resource for people you need emergency cash, but would not qualify for a bank loan.