Direct Lenders Online

Get a loan from a direct payday lender online, we work with the best no third party & no hard credit check lenders.
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Online Loans from Direct Lenders Only

Looking for direct lenders for no hard credit check loans?

Finding the best direct payday lender online takes time and effort, but 24CashToday makes it a quick and easy task, no matter how bad your credit score is and why you need the money so urgently. Direct online lenders offer both payday loans up to $1500 as well as installment loans up to $10,000 with no hard credit checks and loan terms based on your state of residence, income status, and credit history.

What is a direct lender for online loans?

An direct lender is a state-regulated financial organization that provides direct access to online personal loans such as payday loans online or installment loans for people with bad or poor credit. A direct lender is the actual company that processes your personal information, evaluates your loan application, and in case of approval, deposits the money to your bank account.

If you qualify, you can receive a small short-term loan (also called a cash advance, or a payday loan) without collateral directly from the lender, which you must repay over the course of one to two weeks.

How do payday loans from direct lenders work?

At 24CashToday, we know that every minute counts when you need to find a loan lender fast. On our end we do everything to speed-up the lender matching process. Here is how to get an online loan from a direct lender using 24CashToday:

1. Apply online

Thanks to our online request form, sending your application to our pool of direct lenders is simple, quick, and safe. You do not have to visit a physical store, which is important during the COVID-19 pandemic, also you don't have to reach out to each lender one-by-one.

2. Get instant decision

It takes just several minutes for our system to ping all the lenders and to see if your application gets any automatic offers. Even if you have a low credit score, you still may be approved for a bad credit loan with any of our lenders.

3. Get the funds

Once you have been approved and finished all the paperwork, you get a direct deposit to your bank account the next business day. Many lenders offer same-day deposits, so you may end up getting the money the same day or within several hours after approval.

Find out more information about same-day funding on our same-day loans page.

Is 24CashToday a direct lender for no denial payday loans?

24CashToady is not directly associated with any lender, is not an agent or a direct lender itself. 24CashToday offers a free loan matching service to people with bad & good credit scores, who are searching for direct payday lenders and unsecured loans from reliable online lenders. As for no denial online loans, there is not such thing as guaranteed online loan for bad credit. Every lender has to evaluate your application to see whether it meets the lender's lending criteria.

24CashToday cannot influence the lender's decision and evaluation process and does not have access to your personal information or details of your loans or agreements with the lenders.

Do lenders offer guaranteed payday loans for bad credit no matter what?

No, it is not possible to get a guaranteed payday loan no matter what. Since a payday loan is a high-risk loan provided to people with bad credit and weak payment abilities, then each lender must evaluate the risk according to the lender's criteria. If the lender is not sure whether the loan can be paid back on time, the application will get rejected.

The term "guaranteed loan" is a sign of bad marketing practice among direct personal loan lenders and recommend avoiding such lenders.

What are the benefits of direct payday lenders, no third party?

There are several benefits when it comes to using direct online loan lenders:

No hard credit check personal loans with easy approval

When working with the lender of your choice, you can clearly understand who will process your information, and whether the lender will perform a soft or hard credit check. If you are not willing to have any track of credit checks on your credit history, you can try to negotiate a soft check instead.

Secure your personal Information

Dealing with one direct lender means that you will be able to research an organization to understand how they treat your personal information and make sure that it will not be resold or shared with a third party.

This is hard to do when you are using a loan matching service where your personal data is sent to many lenders.

Get instant approval on lending decision

When no middleman like a loan broker is involved in the borrowing process, you can complete the application and get your decision almost instantly. The bad credit loan lender will guide you through the process from filing your paperwork to having the loan deposited directly to your bank account. The lenders collect only the most important information needed to check your ability to pay back the loan.

2nd chance payday loans from direct lenders

Second chance loans are those loans provided by direct lenders that consider applications from people even with bad or very bad credit scores. These loans tend to be remarkably expensive since the lender must compensate for the high risk of lending to a person with such a poor credit score. If you are looking for a 2nd chance payday loan then the more lenders you approach, the higher chances you have of being approved for a personal payday loan or an installment loan.

Basically a "2nd chance loan" is a term used by some lenders to promote their high risk loans to people with bad credit.

No hard credit check loans direct lenders only

Although many direct lenders and brokers claim to offer online loans with no credit check at all, the truth is that every lender who offers unsecured loans does some sort of background check. Your creditworthiness and ability to repay the loan are two main factors considered when evaluating your loan request. However, there are some lenders, who perform a soft credit check which does not affect your credit history like hard checks.

Even if you found a lender who uses terms like "no credit check direct lender" on their website, make sure to contact the lender and get more information about how they use your personal details and what kinds of checks they perform.

If you do not want the lender to rely on your poor credit history, but still need a loan, then considering a title loan should be an option. Title loan lenders use your collateral to support the loan, not your creditworthiness.

Find out more on our title loans page.

Direct lenders vs. online brokers

When looking for a loan online, there are typically two most common options to choose from:

  1. Use a direct lender.

    When using a single lender, you are dealing with one company that will process your application and provide the loan if approved.

  2. Use a broker or a loan matching service.

    A loan broker collects your information and tries to find a matching lender based on your data and needs.

To better understand the difference between direct payday lenders and online brokers (or loan matching services), please see the comparison table with the cons & pros of each option below:

Direct Lenders Online Brokers
  • No middleman: You work with the lender directly from the start and get the more detailed information regarding the lender's services, such as loan terms, APR, and costs.
  • Confidential: Generally, direct lenders do not share or sell your information to third parties. This way you can control how your information is being processed.
  • Diverse offers: With one quick application you can reach multiple lenders and get several offers to compare and find the best one.
  • No additional fees: The borrower faces no additional fees when using a loan matching service or a broker.
  • Transparency: Brokers do not have to sell their services; due to this they can provide more objective information about loans and lenders.
  • Fewer chances of being approved: When dealing just with one lender, you have higher chances of not matching the lender's requirements.
  • Less objectivity: Lenders can provide only subjective information, trying to sell their services in the first place.
  • Lack of privacy: Loan matching services share your personal information with multiple lenders.
  • No terms & costs: You cannot know the terms and loan interest rates before getting matched to a direct lender.

How to apply for a direct payday loan from direct lender?

Compared to other lending options, applying for loans with direct online lenders is simple and quick. Before filling in the online application form, make sure that you meet lenders' eligibility criteria:

  • You are of legal age in your state
  • You have an income source which can be verified
  • You have a government issued photo ID
  • You must have active email & phone number
  • You must have an active bank account
These are general requirements; some lenders may ask for additional documents.

Make sure that payday loans are legal in your state, see our rates & terms page.

How to identify the best direct lenders?

No matter if you are searching for a direct lender on your own, or using a lender-matching service like 24CashToday, there are some things that you may want to consider before selecting a lender to work with:

Clear terms & fees

You should clearly understand how much you are paying for the loan, what are the possible fees, such as late repayment fees or loan agreement fees. What is the actual APR and is it lower than the maximum allowed in your state? Make sure that you fully understand the complete cost of your loan. Some non-reliable lenders offer low APR but have high fees on penalties.

Real user reviews

Search for real user reviews of the lender online. Ignore the reviews provided on the lender's website. No lender will want to put negative reviews if there are any. Try using Google or big review sites like Trustpilot to read about the actual user experience with the lender.

Other things worth considering when selecting a lender:

  • Is the application process simple and transparent?
  • Does the lender have a license in your state?
  • Does the lender have physical stores near you?
  • Will the lender perform a hard credit check?
  • Does the lender offer same-day funding?
  • Does the lender share your personal information with third parties?
  • How high is the APR if compared to competitors?

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