Get Your Funds Quickly with Instant Payday Loans

When money is needed for an emergency, you don’t have the time to sit around while loan companies spend days determining if you’re eligible. Instant payday loans are a quicker way to get access to the money you need to get through tough situations. 

Whether you have poor credit, no credit, or anything in between, instant payday loans are a great option for anyone in need of fast cash. 

What is an Instant Approval Payday Loan?

As it says in the name, an instant approval payday loan is a loan provided by a lender that tells you immediately whether or not you are approved for funds. No waiting days or even hours for a reply to your application. 

The lenders can tell you instantly the results of your application. 

Then, after you’ve approved your loan and signed your documents, you can get access to your loan funds quickly. Sometimes you can get your loan funds on the same day you applied. Other times, you may have to wait a single business day for your funds. 

When Should You Use an Instant Approval Payday Loan?

Payday loans are a good option for those in dire need of immediate access to loan funds. Some situations that call for payday loans include medical emergencies, risk of eviction, overdue utilities, car breakdowns, etc. 

It is not recommended to use payday loans for non-emergencies or in a continuous cycle. This is because the interest rates (APR) for these loans are very high. The loans are intended to be a quick solution to a short-term financial crisis. 

A List of Eligibility Requirements for Instant Approval Payday Loans

The eligibility requirements for these loans are far less restrictive than traditional and long-term loans. However, the actual requirements will vary depending on the lender and location of the applicant.

There are some requirements that are the same in most states. They include:

  • US Citizenship or permanent residency status
  • Minimum age of 18
  • Proof of income
  • Access to active bank account
  • Access to phone and email for contact purposes

How to Get Started with an Immediate Approval Payday Loan

To begin your loan application, simply fill in the form on our website. You will be asked for your name, date of birth, social security number, phone number, employment information, banking information, and requested loan amount, so be certain to have that information handy. 

After you have filled in the form, submit it for a nearly instant response regarding your approval. 

If you are approved for your payday loan with one of our partnered lenders, you will be redirected to their site to look over their offered terms. If you agree with the terms, you can move forward with the signing process and get access to your loan funds. 

You may get your funds the same day, but funds may also be deposited on the following business day. The exact time of deposit is dependent on the time you submit your contract, the cutoff time from the lender, and the closing hours of your banking institution. 

Will My Credit Be Checked for My Instant Payday Loan?

Those with bad credit or no credit may be concerned that their loan application will involve a credit check. Though lenders will do some preliminary evaluations to make a choice about your loan request, they don’t perform any hard credit checks. 

This means they ignore reporting by the three major credit bureaus and don’t take any action that will show up on your credit report or potentially lower your score. 

The main concern of these short-term lenders is your ability to repay on your following payday. This means they can ignore many issues with your credit score, making your overall rating much less important than with a traditional lender. 

Why Should I Choose an Instant Approval Payday Loan?

You Get a Nearly Instant Answer to Your Loan Request – When you fill out your loan request form we will immediately run in through our group of third-party lenders. You can get a nearly instant decision on your request, whether you are approved or denied.

You Get Your Funds as Early as The Same Day – If you finalize your loan documents before the lender’s cut-off time, you may get your loans on the same day you apply. However, if you miss the cutoff for same-day lending, you can still get your money as early as the following business day.

There are Few Eligibility Requirements – The eligibility requirements for payday loans are far less than standard loans from traditional lenders. You don’t need collateral, consignors, or any other securing item for the loan.

Those with Bad Credit and No Credit Are Eligible – Payday lenders are focused on your current job and pay schedule. The lack of a good credit score is almost never a reason for rejecting a payday loan request.

The Process is Simple and Fast – Applying for a payday loan is simple. All you have to do is fill in our application form and within minutes you can be finalizing your loan documents and waiting for your funds. 

Instant Approval Payday Loans – FAQs

How Quickly Can I Receive My Funds After Approval?

You may be able to receive your funds as soon as the same day. However, most loans will be paid out on the following business day. Check with your lender for cutoff times regarding same-day funding. 

Can I Apply for a Loan at Any Time?

Yes. Our online form allows you to apply for a loan at any time of day, though the time you apply can affect the timeline for having your funds transferred into your account. 

When Will I Know the Results of My Loan Request?

Your loan request results will be issued to you almost instantly. Whether you are approved or denied, you should know within a few minutes the results of your application. 

What is The Easiest Loan to Get Approved For?

Payday loans are some of the easiest loans to get approved for because they don’t do hard credit checks or require security like collateral or cosigners. 

I Have Bad Credit. Can I Get a Payday Loan?

Yes! Those with bad credit can be approved for payday loans. If you have a job with guaranteed paydays, you are likely to be approved for your payday loan request.