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

2 month short term loans to get you cash now

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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.

Check into Cash Payday Loan

Check into Cash Payday Loans

Apply for a payday loan conveniently online and borrow any amount between $50 and $1,000.

  • Minimum loan: $50
  • Maximum loan: $1,000
  • Turnaround: 1–2 business days
  • Loan term: Varies by state

    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 October 21st, 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
    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
    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
    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
    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
    ACE Cash Express Payday 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

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    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