Online Payday Loans

Apply for Cash Advance till the Next Payday

What are payday loans aka payday advance?

Payday loans also known as Payday Advance is a short-term cash advance loan which is taken until your next paycheck. It is convenient option to solve immediate financial needs or unexpected expenses. All you need to do is to visit the payday loan office or even better a website like 24cashtoday.com for your online loan request.

After completing the application, you will be connected with a pool of online payday advance lenders. Among that, you can choose the direct lender that you are compatible with if there is more than one lender offering you a cash advance loan. You can apply for the loan online and get funds on the same or next business day. Complete your loan request form with the details that are required for approval. Once your loan request is approved, you will receive funds to your checking account.

Are Payday Loans, Payday Advance and Cash Advance the same?

The simple answer is Yes! But there are some things to keep in mind. Technically all three terms refer to the same type of loans, which meet the following criteria:

  1. The loans are issued for a short period, usually until the next payday, but not longer than one month
  2. The interest rate of payday loans is usually much higher than those of tradition bank loans
  3. These types of online loans require no collateral, thus are also called unsecured cash advances or unsecured payday advance
However it is always better to check the terms and conditions of each online loan, as well as all fees and interest rates, as well as possible fines and repayment conditions with each lender no matter what term they use for their loans, be it payday loans, online cash advance or payday advance.

What does payday loan application process look like?

It takes a few minutes to complete the online payday advance loan request form. Upon the submission of your loan request form, you will be informed about your loan approval status. If your application is approved, a lender will contact you to discuss the terms and conditions of the loan. It is not mandatory to accept a loan offer. If you find the terms and conditions do not suit you, you can explore some other online loans lenders. Before sharing your personal details, make sure the lender has the latest encryption technology to secure the details provided by you.

Are you eligible for online payday advance?

Of course, you need to meet the loan requirements to qualify for the payday advance loan. The requirements vary from one lender to another lender and by state also. Mostly, lenders expect the following requirements from their borrowers:

  • Borrowers must live in a state where payday loans (cash advances) are legal.
  • They must be aged 18 or above.
  • They should have a steady source of income.
  • They should be a permanent resident of the state they live in.
  • They must possess an active checking account to receive funds.

Tips to have your online loan approved:

At times, you may or may not be qualified for the payday loans online for some reasons. However, if you want to increase your chances of being qualified for the payday advance loans, you should follow these tips:

  • You must keep the documents that matter most for being qualified for the loans. The documents may include your income proof, Social Security Number, identification, recent paycheck, and more. You need to prove your source of income and that you can make the repayments on the due date.
  • It is better to have a decent credit score. Usually, the credit score is not taken into consideration for the online payday loans, but still a good credit score can improve your cash loan approval chances.
  • Not all payday advance lenders can afford the amount you need. Direct lenders have some restrictions on the maximum and minimum amount they can lend. Before requesting a loan, determine the amount you need to solve your financial emergencies and whether your lender can afford the same.

Still looking for cash advance "near me"?

People often look for nearby cash stores or payday loan lenders, however it is much easier, faster as well as safer to apply for a cash advance online, avoiding the waiting lines. By just completing one online payday loan application your are getting in front of dozens of payday lenders who compete for you as a client. It would take you day to visit so many loca loan offices to fill those applications physically. So why spend time and money, simply apply for your payday advance online.