Direct Payday Lenders

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 Direct Lender Loans

Looking for a direct payday lender no hard credit check?

Finding the best direct payday lender online takes time and effort, but 24CashToday makes it a quick and easy task, no matter what your credit score is and why you need the money so urgently. Direct online lenders offer both payday loans up to $1,500 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.

On this page:

  1. What are online direct lenders?
  2. The benefits of using a direct payday lender, no third party
  3. Is 24CashToday a direct lender for payday loans?
  4. Direct lenders vs. online brokers
  5. How do direct online loans work?
  6. How to apply for a direct payday loan?
  7. How to identify the best direct lenders?
  8. No hard credit check direct lenders only

What are online direct lenders?

An online direct lender is a state-regulated financial organization that provides direct access to the funds in the form of unsecured loans when people need money urgently. 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.

The benefits of using a direct payday lender, no third party

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

No hard credit checks

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 immediate approval

When no middleman like a loan broker is involved in the borrowing process, you can complete the application and get your decision much faster. The lender will guide you through the process, collect only the most important information and will deposit your money if approved.

Is 24CashToday a direct lender for 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.

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.

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 do direct online loans 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 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 the money deposited 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.

How to apply for a direct payday loan?

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?

No hard credit check 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.

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