Direct Payday Lenders

No matter how terrible your credit is or why you need the money so urgently, 24CashToday makes finding the best direct payday lender online a quick and simple procedure.

With no hard credit check, direct online lenders provide installment loans up to $5,000 and payday loans up to $1500, with the terms of the loan depending on your state of residency, employment status, and credit history.

For those with bad or poor credit, a direct lender is a state-regulated financial institution that offers direct access to online personal loans like payday loans or installment loans. A direct lender is the business that handles your personal data, assesses your loan application, and, in the event that it is approved, deposits funds into your bank account.

If you meet the requirements, the lender may provide you a small, one- to two-week short-term loan (also known as a cash advance or payday loan) without requiring any collateral.

No matter what, it is not possible to get a guaranteed payday loan. Since payday loans are high-risk loans given to borrowers with poor credit and limited ability to pay back, each lender must assess the risk in accordance with their own standards. The application will be turned down if the lender has any doubts about whether the loan can be repaid on time.

We advise avoiding direct personal loan lenders who use the term "guaranteed loan" as it indicates poor marketing practices.

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.

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.

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.

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.

The truth is that every lender who offers unsecured loans does some kind of background check, despite the claims of many direct lenders and brokers that they offer online loans with no credit check at all. When considering your loan request, two important elements are taken into account: your creditworthiness and your ability to repay the loan. However, some lenders use a soft credit check instead of a hard one, which has no impact on your credit history.

Even if a lender advertises on their website that they are a "no credit check direct lender," you should still get in touch with them to learn more about how they use your personal information and the checks they conduct.

Consider a title loan if you still need a loan but don't want the lender to base their decision on your bad credit history. Instead of relying on your creditworthiness to secure the loan, title loan lenders employ your collateral.

Visit our title loans page to learn more.

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

1. Use a direct loan lender online.

   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.

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.

There are a few things you may want to take into account before choosing a lender to work with, regardless of whether you are looking for a direct lender on your own or utilizing a lender-matching service like 24CashToday.

Clear terms & costs

You should have a clear understanding of the loan's cost as well as any potential fees, such as late payment or loan agreement fees. What is the actual APR, and is it less than the state-permitted maximum? Make sure you are aware of the total cost of your loan. Although some unreliable lenders advertise cheap APRs, they also charge ridiculous fees and penalties.

Real user reviews

Look into the lender's reviews from actual customers online. Don't believe the testimonials on the lender's website. If there are any unfavorable reviews, no lender will want to post them. To read about genuine user experiences with the lender, try searching Google or using popular review sites like Trustpilot.

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?