Payday loans you can take 2 months to repay | finder.com

Compare two-month short-term loans to get cash now

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Need a short term loan that gives you up to 60 days to pay it back?

It’s not uncommon to find yourself short on cash before your next payday, especially due to unexpected emergencies. Short term loans, also known as payday loans, offer a way to get the money you need in a hurry, but as the name suggests, you also have to pay it back by your next payday.

Need a bit more time than that? Finding a short term loan where you have up to 2 months to repay the loan is possible.

CashUSA Installment Loans

CashUSA Installment Loans
  • Bad credit is OK
  • No application fee
  • Debt education resources

CashUSA Installment Loans

A connection service for quick cash loans up to $10,000.

  • Minimum loan amount: $500
  • Maximum loan amount: $10,000
  • Turnaround time: As early as 1 business day
  • Loan term: 90 days to 72 months
  • Must have a monthly income of $1,000+ after taxes and valid checking account.
Go to site
Promoted

Looking to apply for a 2 month short term loan? Here’s what to know

Check the map below to see if payday loans are legal in your state.

Payday loan availability by state

How quickly you receive the approved funds for your short term loan depends on whether you apply for it online or in-store.

Many short term lenders provide instant 2 month short term loans when you apply online, in which case you can look forward to getting your hands on the money by the next business day.

Repayments come in the form of agreed-upon installments which are debited from your bank account automatically on each payday during the given 2 month period.

How short term loans work

A selection of loans you can apply for

Check the websites of any providers you’re interested in to confirm they operate in your state of residence.

Rates last updated December 13th, 2018
Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
Name Product Product Description Max. Loan Amount Turnaround Time Requirements
CashUSA Installment Loans
A connection service for quick cash loans up to $10,000.
$10,000
As early as 1 business day
Must have a monthly income of $1,000+ after taxes and valid checking account.
Same rates
everywhere
Go to site More
Jora Installment Loans
Installment loans with repayment terms up to 30 months, depending on your state.
$2,600
1–2 days
Must have an active checking account, regular source of income and email address.
Same rates
everywhere
Go to site More
OppLoans Installment Loans
Installment loans with competitive rates from a top-rated direct lender.
$5,000
1 business day
Must have direct deposit and meet minimum income requirements
Same rates
everywhere
Go to site More
CashNetUSA Loan
Apply for a short-term loan with an easy online application and dedicated customer service.
Varies by state
1 business day
You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
Same rates
everywhere
Go to site More
LendYou Short-term Loans
Apply online with this loan-connection company offering unrestricted short-term loans at high maximums — fast turnaround.
$15,000
1 business day
You must be a US citizen or permanent resident, age 18+ and have a regular income.
Same rates
everywhere
Go to site More
Check into Cash Payday Loan
With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.
$1,000
1–2 business days
You must be at least 21 and an American citizen and have a bank account, email address and phone number.
Same rates
everywhere
Go to site More
ACE Cash Express Short-term Loans
Quick payday, installment and title loans with no prepayment penalty and a 72-hour satisfaction guarantee. Funds can be loaded on an ACE Elite™ Visa® Prepaid Debit Card.
Varies by state
Generally receive the money the next business day
Must be 18+ years old, have a steady source of income and a checking or savings account. Must not be a debtor in bankruptcy.
Same rates
everywhere
Go to site More

Compare up to 4 providers

Questions to ask

Comparing 2 month short term loans before applying is always a good idea. Here are factors that will require your attention:

  • What are the fees involved? Short term loans charge interest in the form of fees, which are normally charged by every $100 borrowed. While the amount you borrow has a bearing on the fees you end up paying, so do state regulations that apply. Remember that lenders have no fixed fee structures in place.
  • What kind of repayment flexibility is offered? Most lenders who provide 2 month short term loans require that repayments come in the form of direct debits from a nominated checking or savings account. Some lenders allow you to repay the loan amount ahead of time without charging penalties. Some give you other payments methods from which to choose, including credit cards, Western Union and MoneyGram.
  • What is the processing time? Applying for these loans does not take long, as long as you have the required information handy. With in-store instant 2 month short term loans, you get the money immediately after approval. If you choose to apply online, you may have to wait until the following business day.

Benefits and drawbacks

Pros

  • You can get the money quickly. Lenders can have your money to you in one to two business days at the latest, or in as little as a few hours.
  • Use the money however you want. Once you get your money, you can use it for any legitimate purposes.
  • You can apply with bad credit. Most short term lenders don’t run credit checks with the three major credit bureaus. Instead, they use Teletrack and look at your ability to manage the repayments.

Cons

  • The higher than normal fees. All 2 month short term loans charge loan fees, and these are traditionally higher than the fees a conventional loan comes with.
  • May not be available in your state. Your ability to apply will depend on the state you reside in.

Other consideration factors

  • Your ability to repay. If you think you’ll have trouble repaying on time, avoid taking the loan in the first place. You will end up paying quite a bit in additional fees, and potentially negatively impacting your creditworthiness.
  • Review the loan’s term and conditions. Doing so can limit the chance of being surprised by fees and charges down the road.
  • Avoid making late payments or getting your loan refinanced. Again, this will mean you have to pay more in the long run.

The bottom line

Getting a short term loan that you can repay in two months can give you enough time to streamline your finances, but make sure you compare your options before applying.

What type of loan are you looking for?

Fixed Term

Fixed Amount

7 days
30 days
3 months
5 months
6 months
9 months
12 months
24 months

Frequently asked questions

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

US Payday Loans Offers

Important Information*
Slam Dunk Loans

Potentially get approved for a short-term loan through this lender-connection service, even with poor credit history.

LendUp Payday Loans

LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see if available in your state.

Check into Cash Payday Loan

With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.

OppLoans Installment Loans

Installment loans with competitive rates from a top-rated direct lender.

Go to site