Do You Need Money Quickly?
From time to time, everyone might need money now desperately. To avoid these situations, budget carefully and build an emergency fund. You can make your plan of action for achieving financial stability later, but now, you need money fast. Know that there are many solutions, one of which might be online payday loans, especially if you have a bad credit score due to past financial problems.
Clearly, a typical bank is not an ideal choice for these situations. If you need money now, for whatever reason, you’ll find that there are many financing options to explore. Your best option is to find a trustworthy lender that is willing to give you emergency cash without making you go through a long, tedious process of credit checks and paperwork.
What is a Payday Loan?
A cash advance is a type of short-term loan that can help you when you need a quick infusion of extra cash. The loan amount varies between $50 and $1,000, depending on your needs. The debt typically becomes due when you receive your next paycheck in two to four weeks.
The most significant advantage of advance loans is their quick approval process and fast transfer of money. You get a loan decision in less than a few minutes and, after you agree on the terms with your direct lender, the money will be deposited as soon as the next business day.
Good Credit is NOT a Requirement
In case you don’t qualify for a bank loan or a credit card, payday loans might be what you need, depending on your financial situation. Contrary to conventional banks, payday lenders do not conduct hard credit checks and are more interested in your ability to pay back loans’ amount. They rely on an alternative credit checking process, known as soft credit inquiries. Thus, even if your FICO credit score is not ideal, you can get access to emergency funds when you need money fast.
This is also great news if you’re trying to rebuild your FICO credit score because applying for or getting an emergency cash loan will not show up in your credit report.
How Can You Get Money You Need Right Now?
Obtaining emergency funding from a payday lender is straightforward and takes only a few minutes. The loan application happens entirely online, and you don’t have to provide many documents. You also don’t have to provide any collateral. Here’s what you need to do:
1. To get started, you must specify the amount of cash you need and complete our online application form, providing necessary details. This includes your basic personal information as well as a contact number at home or work. You should also enter the bank account where you want to receive the funds.
2. Payday loan approval does not involve a traditional hard credit check. Within minutes, you will get a loan decision along with the lending company’s offer.
3. After you agree with the terms and conditions and e-sign a loan agreement, the money will be transferred on the next business day. However, you can reject the offer and submit another loan application.
Need money now? Get cash today or the next business day with QuickCashLoans!
Payday Loan Costs and Interest Rates
Depending on your lender, cash advance fees range from $10 to $25 per $100 borrowed, which translates to an interest rate of 10 to 25 percent. However, given their short repayment period, these loans are very affordable.
The rates are usually expressed in the annual payment rate (APR). When you apply the APR logic to a short-term loan, it is not unusual to get a number above 400 percent, which may sound scary. Nevertheless, you need to understand the context of these calculations in order to interpret the cost of the loan correctly.
What Do You Need to Apply for a Payday Loan?
It’s very easy to become eligible for a quick cash loan. You only need to meet the following criteria:
be at least 18 years old (you must have a valid ID); be a US citizen or permanent resident; provide proof of regular income (no evidence of employment necessary, just a steady source of income); have active savings or checking account; have a valid email address and a telephone number.
The state where you live may impose additional eligibility requirements.
QuickCashLoans Can Help When You Need Money Now
Our mission is to help our customers with their unexpected or emergency expenses, especially those with bad credit, while protecting their borrowing interests. We have strived to uphold our values of timeliness, reputation, and privacy, which have led to impressive customer satisfaction and consistently positive feedback.
When you apply for an emergency loan with QuickCashLoans, we connect you to a network of top-rated lenders and help you find the best offers with exceptional value. We only work with fully authorized direct lenders that strictly follow the regulations of their home states and provide short-term loans with the best interest rates.
What makes us different?
Fast, safe and secure solutions for when you need money now No hidden fees or policies Straightforward and detailed instructions on how to apply for a loan Easy application process 24/7 loan request (even on the weekends and holidays) No hard credit checks Fast response time Get money as soon as tomorrow
Frequently Asked Questions
How can I get emergency money fast?
There are different ways to get emergency cash fast. You can look for some easy ways to make money, like having a garage sale, or you could borrow from friends or family. You also could think of an installment loan, credit cards, or bank loans, but we know these options might not be an available solution. Fast cash advances are one of your best options when you need fast cash now because you get an instant decision, and most applications are approved. Just complete and submit our online application form. Get cash now!
Can I borrow money with bad credit?
Yes, having a credit history or a perfect credit rating is not mandatory. Payday advance loans’ requirements are simple. Having a bad credit score is okay when borrowers apply for short-term loans from QuickCashLoans. Although it’s not possible to guarantee that your request will be approved, most of our customers have a less-than-ideal credit score and still get the extra cash they urgently need. Apply now to get cash quickly!
How much money can I borrow?
Depending on your needs and circumstances, loan amounts can range from $50 to $1,000. However, different states and lenders have their own rules. Need cash now? Get up to $1,000 within one working day (up to approved credit limit). Bonus tip. Avoid to borrow money to cover monthly utility bills, your grocery shop, or any other regular expenses. These loans should only be used to cover emergency expenses (such as an urgent car repair, a health care bill or another bill that must be paid urgently).
When will I receive my funds?
Emergencies happen. We know you need money now. In the majority of cases, lenders deposit the amount as soon as the next business day; that makes no credit check loans a great financing option when a quick solution is needed. Apply with QucikCashLoans and get money fast!
How and when can I pay back my loan?
When a borrower receives a quick cash loan, the lender typically obtains an Automated Clearing House (ACH) authorization to withdraw money directly from the borrower’s checking account electronically on the due date (usually, on your next paycheck).
What if I can’t repay my loans on the due date?
Unfortunately, this is not uncommon, and many people can get into the situation when they can’t avoid late payments, putting their finances at risk. The borrower should immediately inform the lender to avoid defaulting on the loan and damaging his repayment history. Although there will be a late fee, it’s usually possible to get an extension and roll your debt over to a later date. We strongly advise our customers to borrow money only if they are confident they are able to repay the debt timely.