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Considering a short term loan but are unsure about the process? This review will give the information you need to make your decision.

If you have found yourself in need of emergency funds and you are considering a short term loan or cash advance, can help match you up with a lender, even if you have bad credit or no credit history at all. does not directly issue loans; instead, they connect customers with lenders that uphold solid practices and standards. Once you get approved with a lender, you can view the loan’s terms and conditions before you decide whether to accept the loan. Loan amounts vary from $100 to $1,000, and the payment is typically due on your next pay date.

What is a short term loan?
A short term loan, also known as a cash advance loan, is a personal loan (typically $500 or less) that usually must be repaid within two weeks to a month. The repayment date is determined by your pay schedule. Because short term loans come with steep finance charges, it is not a long-term solution, but a temporary fix to an unexpected financial situation. Rules and regulations for short term loans vary from state to state, and are even not permitted in some states.

How does compare?

Rates last updated July 24th, 2017
Name Product Term of Loan Turnaround Time Costs
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.
7–30 days
Generally receive the money the next business day
Depends on your state, loan product, loan amount and the term of the loan.
Check into Cash Payday Loan
With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.
Varies by state
1–2 business days
Varies depending on the amount and your state of residency.
CashNetUSA Loan
Apply for short term loans, installment loans or lines of credit in 30 states typically with a day’s turnaround.
Varies by state
1 business day
Varies by state of residency.
ACE Cash Express Payday Loans
Quick short term, installment and title loans come with no prepayment penalty and a 72-hour satisfaction guarantee.
Varies by state
Varies by state
Generally receive the money the next business day
Varies depending upon the state where you reside.
Check City Payday Loan
Apply for a fast, secure and confidential payday loan — even with less-than-perfect credit.
Depends on state of residency
Varies by state
Next day
Depends on state of residency.

Compare up to 4 providers

Product Details: does not charge for their services. Additionally, the company does not collect on any debts — this is left up to each individual lender. Each lender will provide the loan contract and the terms, and will have their own rates, fees and conditions. To find out more about your loan, you can also contact your lender directly. If you are not happy with the terms, you can apply again and be linked up with a new lender.

  • Interest rate: Varies by lender, but averages are 260.71% to 782.14%.
  • Maximum loan term: The loan is usually due on your next pay date. Some lenders may be able to extend the term. The amount of time you will have to pay back the loan also depends on factors like the lender’s guidelines, your state, the local loan rules, the amount borrowed, etc.
  • Maximum loan amount: Varies by loan terms and state of residence, with a general range of $50-$1,000.
  • Application fee: It is free to use; however, your direct lender will charge a fee.

What are the benefits of

  • Secure. boasts being secure and private. The company states that only you and the lender are involved with the transaction.
  • All credit OK. The company works with a wide variety of lenders. Because of this, there is most likely a lender that can help you, regardless of if you have bad credit or no credit history at all.
  • Money when you need it. If you experience a financial emergency, can help you find access to a cash advance loan, quickly.

What to watch out for:

If you miss a payment, or make a payment late, you could end up with a penalty fee or a new finance charge that varies by lender. Some lenders will extended the next pay date, usually for an additional fee.

If you miss payments or make them late, your lender may report these faults to the credit bureaus, which in turn could hurt your credit score. Additionally, your lender can also send your loan to a collection agency if you do not repay the loan.

One of the biggest drawbacks is that interest rates are typically higher for short-term loans. Short-term personal loans are an expensive form of credit, and do not act as a long-term financial solution.

  • Not a direct lender. is not a direct lender, and instead connects each customer to a lender from a network. There may be a lack of transparency in rates and terms until you are matched with a lender.
  • Loan renewal. will not provide a loan renewal. Loan renewals with lenders vary, however.
  • Fees vary. Fees will differ depending on the lender. Additionally, does not disclose the fee or interest rate before applying for the loan since this is determined by the lender.

Am I even eligible?

Lenders have the power of approval. does not control if people are approved or denied. To be eligible for a loan, you must meet the following requirements:

  • Be at least 18 years old
  • Have a regular source of income
  • Have an active open bank account

Lenders may also have additional varying eligibility requirements dealing with income, direct deposit of pay, past personal loan history, state of residence, etc.

What information do I need to apply?

To apply, you will need to provide the following information:

  • Loan amount
  • First and last name
  • Birth year
  • Your Social Security number
  • Zipcode
  • Form of identification (driver’s license, state ID, passport number, or Social Security number)

How to apply through

Applying for a loan from is online, simple, and quick. To apply, all you have to do is fill out the loan application form, and’s application portal will match you up with a direct lender. After you fill out the application and press the submit button, the company will match up your application with a lending partner that best suits your needs. After the application is accepted and approved, will direct you to the lender’s website to complete the process. It is important to note that the lender may contact you via phone or email to discuss the loan details.

Rates last updated July 24th, 2017
Max. Loan Amount Term of Loan Turnaround Time Costs Short Term Loans
Get approved for cash in minutes — with next-day access — through this broker's fast, easy application process.
$1,000 Varies by lender Next business day Varies by lender More

Have we missed anything in the comparison table? Tell us

  • If the provider quotes a different rate to the one above please let us know

I got the loan! Now what?

Make sure you understand your lender’s terms and conditions for your loan. This is especially important since this will vary from lender to lender. Some lenders may let you set up an automatic payment. Either way, stay on top of your payment so you are not faced with any late or missed payment penalty fees. summary

If you are looking for help finding a short-term personal loan lender, may be worth exploring. Plus, does not charge anything for its services. Before applying for, be sure to check out other personal loan companies and financial options.


Personal loans are not a long-term solution, but they can help you get through a financial emergency. A personal loan is unsecured, and is also known as a short-term loan, payday loan, cash advance, cash loan, fast cash, fast loan, bad credit loan, deferred deposit, installment loan, etc.

There are some lenders in the network that are OK with you just having a savings account.

Answer all of the application questions, and try to be as clear as possible. Additionally, make sure that your answers are accurate. To increase your chances even more, open a checking account (if you don’t already have one) and have your paycheck delivered by direct deposit.

Your lender will deposit your loan funds directly into your bank account. You can also potentially choose to receive the funding by wire, or receive it at a storefront location, depending on your lender.

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US Payday Loans Offers

Learn about our information service
Blue Trust Loans Installment Loans

Get an installment loan you don't have to pay back in one lump sum.

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.

Check City Payday Loan

Apply for a fast, secure and confidential payday loan — even with less-than-perfect credit.