Frequently Asked Questions

What is a payday loan or a cash advance?
A payday loan is a short term financial device intended to help people cover their bills or unexpected expenses during a temporary loss of income or a time of financial duress. Payday loans are secured against a future source of income such as a paycheck or a government stipend that are deposited directly into your account on the next available business day, provided you meet the lender's qualifications and are approved for a loan.

How does a person become qualified?
Different lenders will each have their own special set of requirements, so this will vary depending on who chooses to fund your loan. A typical lender may require the following:

- Have a job or a regular source of income
- Your monthly income is at least $1000
- Have an active checking or savings account
- You are at least 18 years old as well as a United States Citizen

How long does it take to get my loan?
Applicants will receive approval approval shortly after their payday loan form has been submitted. If approved, funds may be electronically transferred into your back account overnight.

What if my credit is bad or I’ve filed for bankruptcy?
Many lenders do no have a problem with previous financial difficulties, so less than perfect credit may not necessarily be an obstacle. Be sure to ask your lender for more information.

Do I need to have direct deposit enabled on my account?
Yes. This is the best way to ensure the fast transfer of funds to your account.

Is it safe to get payday loans online?
Absolutely. Please see our security page for more information on this subject.