A payday advance or cash advance loan is a short-term, unsecured loan to help a borrower get some financial assistance till his or her next payday check. These loans are typically used to pay off unplanned expenses that crop up in the middle of the month or towards the fag end of the month. We do not ask you any specifics as to what you would be doing with your payday loan. Normally, it should be a loan amount that you should borrow to meet emergency money needs like health checkups, marriage function, repairing your home or car, tuition fees or a small holiday trip. It should never be used to pay off your long-term loan debts. If you are using the payday loans to pay long term loan amounts, then you are sure to fall into the debt trap quickly.
We have a network of lenders ready to provide you with the payday advance loan you want. We are working on one goal and that is to connect you to the best lender so that you get financial assistance coming your way as quickly as possible to meet your urgent financial needs.
Criteria to meet
Before you submit your online loan request form, you need to make sure that you meet the following criteria to apply for the loan.
Requesting for the loan
Requesting for a loan through our website is very easy. You need to fill out the simple online application form and send it to us. Your loan request form will be shared with our cash advance online loan lenders. They will check out the information that you have shared in the form and decide on whether they should extend the loan to you or not. This process will take about 3 to 5 minutes. To speed up the process, you should ensure that all particulars needed in the form are filled as accurately as possible. You should always provide up-to-date information as discrepancies will prolong the processing time and might lead to disqualification of the application.
Sometimes, a lender might ask you to provide some additional information. If so, do not take a long time to furnish the necessary documents. Once the lender approves your loan request, you will be offered a legally binding loan contract online. It will carry the terms of the loan like the interest rates, the payment schedule, extension terms, and so on. Read all the details carefully and sign it only if you understand and abide by all the terms and conditions of the loan.
Receiving the loan
After you have submitted the loan agreement, the lender will deposit the loan amount directly into your bank account that you have provided. The amount will reflect in your bank account within one business day.
The loan amount has to be paid back as stated in the loan contract that you have signed. The lender will automatically withdraw the due amount along with interest and other fees on the date that you both have agreed upon.