Short Term Lending
A Borrower's Guide For Short Term Loans.
  • Contact Us

Payday Loans

Payday loans provide financial support to borrowers that need emergency access to credit. Online payday loans in particular expedite the application process by providing more immediate access to cash. All required information for loan approval can be submitted online, so there is no faxing or paperwork required. No need to stand in line for hours. No need for unnecessary embarrassment or scrutiny.

Payday Loan

If you have had past problems with your credit history, you are likely still eligible for a payday loan. The majority of direct payday lenders do not report your borrowing and payment history to the major credit bureaus, instead reporting is handled through smaller alternative reporting agencies. If you have recently filed for bankruptcy and your prior debt has not yet been discharged, you will not be eligible for a payday loan (or any other type of loan). Also, active duty members of the US military should know that they are not eligible for payday loans due to the Military Lending Act.

Payday loan repayment terms require loan reimbursement on your next assessed payday, and are usually deducted directly from your banking account. If you are not able to make this loan payment, you may be eligible for a payday loan rollover (some state restrictions may apply). The number of payday loan rollovers to which you are entitled also varies by state. While providing immediate and convenient access to cash, payday loans are not intended for long term debt payoff strategies.