Payday Loans - Frequently Asked Questions

What is a payday loan?

Payday loans are small loans, usually $500 or less. They are used for short term cash emergencies.

Why do people need payday loans?

People get payday loans for a variety of reasons. Whether they need to pay off some bills, make a purchase, or just need the extra cash, it is totally up to them what to use it for.

What is needed to get a payday loan?

To get a payday loan you must be employed, have an active checking account, earn a monthly income of at least $1000, be a U.S. citizen at least 18 years of age.

How long does it take to get approved.

Once the required documents are signed and fax to us, it takes about 30 minutes

How do you get the money?

Your money will be wired directly to your bank account.

What is the maximum amount that can be borrowed?

The maximum loan amount is $500

Is there any collateral needed?

No. If you have a job, that is enough collateral for our lenders.

How will you know when you have been approved?

Once you are approved, you will receive an email confirmation.

Can you get a loan even with bad credit?

Yes! There are no credit checks. All you need to do is meet the requirements listed on the home page.

When are payday loans paid back?

Payday loans are to be paid back on the following pay period

Can you get a payday loan if you have an outstanding payday loan debt?

No. All payday loan balances must be paid in full, even if it's with another company.

Can payday loans be repaid early?

Yes. There are no charges or penalties for paying your loan off early.

Can you get an extension?

Yes, but additional fees will be applied.