Need Money Today
$100 to $5,000 paid out by 01:20am
- Same day payouts!
- 100% US Based
- 100% Online Service
- Borrow up to $5,000
Maybe you got a bill in the post that you weren’t expecting, and now you can’t afford to risk getting into debt with a crucial service provider, like your gas or electricity company.
Perhaps you ended up with a broken car engine during your last commute, and you can’t find the money in your emergency savings to replace it on your own. For most of us, whether we need a few hundred dollars or thousands in extra cash, we can’t just find the money that we need down the back of the sofa.
In an ideal world, we’d all have savings accounts that were filled to the brim with extra money for occasions just like this. However, most of the time, if you find yourself with an expense that you didn’t expect, your only option is going to be getting cash quick with the help of the right loan.
The good news? There are plenty of opportunities for people who need money today to get the cash they want, with the deal that they can afford.
Let’s dive straight in.
One fortunate bit of news for people who find themselves in a tight spot financially, is that loans are getting more efficient. Thanks to things like online lenders and quicker credit checks, it doesn’t take anywhere near as long to apply for a loan today as it used to in years gone by.
The bad news, however, is that most traditional loans still can’t give you the cash that you need as quickly as you might like. The most common loan online loan for bad credit that people will apply for when they’re hit with an emergency is a personal loan. That’s because personal loans give you the freedom to spend money on whatever you choose. However, even quick loans offered online from traditional lenders can take a couple of days to get into your bank account.
That’s usually because the process of applying for a conventional loan is a lot more time-consuming than getting a payday loan or short-term cash advance. At the same time, if you don’t have the best credit score, then applying for a traditional loan often takes even longer. You might need to fill out extra forms so that you can offer your loan provider a kind of security, so they agree to give you your loan.
Alternatively, if you don’t want to look into secure lending, then you might need to ask someone in your circle of friends and family to step in and act as a guarantor. Either way, the application is going to take a lot longer this way.
Fortunately, there is another kind of lending available today, and it’s growing in popularity around the United States at a rapid pace. We’re talking about payday or short-term lending. That’s the kind of small loan option that you can use to borrow money quickly and pay it back just as fast.
Payday lending hasn’t always had the best reputation, particularly in the United States. However, that has changed significantly in recent years, as new regulations and rules have been put in place to protect both lenders and borrowers from any long-term financial issues.
Now, it’s possible for people all across the United States to access payday loans when they want to borrow money quickly, with as little stress as possible. Payday lending is currently legal in 27 states, with nine states that also offer various forms of short-term loan.
With a payday lender, you get a much quicker and more convenient loan process, specifically designed for emergency situations. Rather than having to wait days for your application to be processed, you can usually fill out a form online and find out whether you’ve been approved for a loan within a matter of hours.
On top of that, most payday lenders won’t ask nearly as many questions about what you need to borrow money for as a personal loan provider would. A short-term loan provider doesn’t need to check out your entire life story. They’re willing to give you the benefit of the doubt in most cases – even if you don’t have the best credit rating.
In fact, for people with poor credit, short-term lending is likely to be the very best option around. That’s because you don’t need to worry about being rejected if you don’t have the best credit score. Because your lender is only providing a small amount of money to you for a limited period of time, you’re not going to present as much of a risk.
That means that payday lenders are happy to examine things like your current income, and how reliable your job is, rather than looking at what might have happened to your finances in the past. If you can prove that you have a regular source of income and that you’ve been employed by the same company for a while, you’re already on the right track.
As mentioned above, when you apply for a payday loan, you don’t need to worry about things like convincing your provider that you’re borrowing money for the right reason. Although it’s recommended that payday loans are used for emergency money, you can decide what you consider to be an emergency on your own.
Because your emergency lender will know that you’re in a hurry to get your cash, they’ll often allow you to finish the entire loan application process online, with absolutely no need for meetings with advisors in person. Usually, these loan applications will include some basic questions about:
While you do have some options when it comes to repaying a short-term emergency loan, it’s worth noting that you’ll usually expected to pay back what you owe within one month or less with this kind of lending. Generally, your loan provider won’t give you longer than this to repay your cash. However, there are some companies that can roll over the cost of a loan in certain cases.
In most cases, you’ll also be asked to fill out a post-dated check that includes a number for all the money that you owe to the loan provider, including fees and interest rates. This will allow the loan provider to simply claim what they owe instantly, without having to worry about coming to you and chasing the cash down.
If you don’t want to fill out a post-dated check in person, then you might be able to set up a direct transfer from your bank account to the loan company, which is dated for the day of your next payday.
Often, when people hear about payday lending as a quick and convenient way to get the money that they need, they find themselves looking for a catch. After all, although interest rates can be higher on payday loans than they are on long-term loans, you usually don’t pay much more than you would expect to pay in interest over an extended period.
The only potential downside that you might see with a payday loan is that you only have a month to repay what you borrow. However, even this can be a good thing depending on the kind of lender that you are. A lot of people who worry about debt and money don’t want to have to think about adjusting their budget every month so that they can afford long-term repayments.
With a payday lender, there’s no need to change your lifestyle around your lending needs. Instead, you can simply get rid of all of your debt in one chunk at the end of the month. By the time your next payday has been and gone, it will be like you never had a loan at all.
The best news is that payday lending doesn’t leave a bad mark on your credit history either. With payday lending, you’re more likely to be accepted for a loan, even if you don’t have the best credit score, which means that you don’t need to run around looking for a loan provider who is willing to work with you. Additionally, showing the credit agencies that you can pay money back quickly is an excellent way to ramp up your credit rating too!
When emergencies happen, you can’t always afford to wait around until your next payday before you deal with the problem. Fortunately, there are lending opportunities available that can give you the money that you need straight away.