Finder may earn compensation from partners, but editorial opinions are our own. Advertiser Disclosure

Get a legit payday loan with no credit check

Check state laws, licensing and customer reviews before you submit an application.

7 ways to tell a short-term lender is legit

The following should help you find legit payday loans easily:

  1. Accredited by the Better Business Bureau. The Better Business Bureau (BBB) is more than a century-old nonprofit organization that helps identify trustworthy business. Different short-term lenders across the country have BBB accreditation, and dealing with these businesses provides extra peace of mind.
  2. Provides contact details. Take some time to find a lender’s contact details. If a lender provides no more than a contact form or an email address, see how responsive it are before you apply. A legitimate payday lender shouldn’t shy away from providing a physical address, phone support or live chat.
  3. Lists fees and charges. Direct lenders of legit short-term loans are legally required to be upfront about the fees and charges you have to pay during the loan term, and they adhere to all given maximum limits. The loan contract should clearly set out all applicable fees and charges.
  4. Doesn’t guarantee approval. If you encounter a website that claims to provide guaranteed short term loans, you should be wary.
  5. Abides by state regulations. With legit payday loans, you don’t have to worry about lenders charging you more than the maximum limits set by the state. Check the regulations in your state to make sure your lender is operating legally.
  6. Doesn’t require money upfront. One of the biggest red flags when researching a lender is if it requests money upfront. Origination fees are paid out of your loan amount, and you shouldn’t have to pay anything before you borrow.
  7. Checks ability to repay. Payday lenders are no longer legally required to make sure you can afford repayments in all states. But legit lenders will still ask about your monthly income and expenses when you apply.

Compare 3 highly-rated short-term loan providers

LenderWhat borrowers say
Ace Cash Express
  • Upfront about cost
  • Fast cash in an emergency
  • Mixed customer service
Go to site
Check ‘n Go
  • Quality customer service
  • Quick and easy application
  • Changing account information can be difficult
Read review
Speedy Cash
  • Easy to qualify
  • Fast turnaround
  • High interest rates
Read review

See more legit loans you can apply for today

Choose your state of residence and select Show me my options to compare even more lenders.

Name Product Filter Values Loan amount Turnaround time Requirements
B9 pay advance app
Up to 100% of your salary
Instant
$500+ in monthly direct deposits into B9 account, checking account, ITIN or SSN, government-issued photo ID
Withdraw 100% of your paycheck with no extra fee for instant funding.
OppLoans Installment Loans
$500 to $5,000
1 business day
Direct deposit, meet minimum income requirements, live in eligible state
Comes with the option to change your due date so you won’t fall behind on repayments.
Stilt
$1,000 to $25,000
2 to 3 business days
Be employed, have a US bank account, live in a state where Stilt operates, hold one of the following visas: F-1 and OPT, H-1B, H4, O-1, L-1, TN, J-1, DACA or be a US citizen.
Get a fair loan designed for immigrants and nonresidents.
CashNetUSA Loan
Varies by state
As fast as same business day
Regular source of income, bank account, US citizen or permanent resident, age of majority in your state
Sign up for its discount program to get access to coupons and deals on everything from dining out to tax services.
Fast5kLoans Short-term Loans Connection Service
$100 to $35,000
As soon as the next business day
Regular source of income, verifiable bank account, US citizen, ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
loading

Compare up to 4 providers

Can I get a legit payday loan without a credit check?

You can — states generally don’t require lenders to check your credit when you take out a loan. But you might not get the best deal. That’s because lenders that don’t check your credit typically assume the worst and offer less favorable rates and terms than those who do.

Even if your credit is far from perfect, a lender that checks your credit is often a better bet. Look out for other red flags like guarantees and upfront fees before you apply.

Are payday loans available in my state?

Are these payday lenders legit? Read our reviews to find out

Lender
ACE Cash Express
BadCreditLoans.com
CashNetUSA
Check City
Check Into Cash
LendUp
LendYou
OppLoans
SWIFT Money Loans
TriangleCash

Even legit short-term loans can be costly

Whether you’ve decided on a payday loan, installment loan or auto title loan, you may face a bigger expense than you initially expected. Short-term loans are designed to be repaid quickly. If you’re unable to pay on the due date, you’ll be charged more fees and extra interest, which can quickly increase the total cost of your loan.

As with every lending option, always be sure you can repay what you borrow.

More considerations before you apply

Take some time to go through the loan’s terms and conditions, as this document tells you how much you may have to pay in different circumstances such as rollovers and late payments. Some states don’t allow you to refinance a loan or take out more than one within a given period of time.

You’ll also have to pay additional fees if you make a late payment, and your lender may report your missed payments to credit bureaus. Reconsider applying if you think you may have troubles repaying your borrowed funds.

Bottom line

Knowing what to look for in a legit lender is just as important as understanding common scams. Once you’ve checked over your state laws, know how much you need to borrow and have an idea how to repay, start comparing your options to be sure you’re getting a good deal.

Frequently asked questions

Check out our answers to common questions before you apply.

Can an out-of-state lender fund my loan?

No. A lender should have a license to operate in each state, and if your state doesn’t permit payday loans, then it can’t fund any loans. You may be able to consider getting an installment loan or an auto title loan instead.

What eligibility criteria do I have to meet to apply for a legit short-term loan?

You should be US citizen or a permanent resident and you should have a regular source of income. You should also meet your state’s minimum age requirement. Other criteria depend on the specific lender.

Are there legit lenders that don’t require a bank account?

Yes. Some legit lenders offer alternative ways to receive your loan funds such as prepaid debit card loans or picking up your cash at a nearby store.

What information do I have to provide to apply?

You’ll have to provide your name, contact details, Social Security number, employment details and income details. If you’re applying online, you’ll need to provide your bank account details as well.

Will taking out a payday loan affect my credit score?

Applying for a loan may go on your credit history report, and if you fail to make timely payments on your borrowed funds, your lender may report you to a collection agency. This will most likely go on your credit report. It’s always important to have the ability to repay a loan before you take one out.

Of course, if you find a lender that helps build credit, making your payments on time can build your credit score. If you know you can repay and feel comfortable working with the high APR and fees, you could possibly raise your credit score through a payday loan.

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 finder.com 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.

37 Responses

    Default Gravatar
    orteganaMay 8, 2019

    I received a call for an installment loan but since my credit score is low they said they will make a deposit into my account and that I have to send it back through the store Walmart to increase my credit. It did not make sense to me. Is it normal?

      Default Gravatar
      nikkiangcoMay 9, 2019

      Hi Ortegana,

      Thanks for leaving a question on our page.

      There are a lot of lenders out there that run their business differently however, the incident you mentioned is quite unusual and it rings some warning bells.

      Generally, lenders will not contact you unless you applied for a loan with them or have been pre-approved based on your good credit history. Personal loan scammers often contact their targets via phone or email and ask for their personal information to gain access to their bank accounts so you should be careful. Look out for warning signs of a personal loan scam so you can avoid it.

      As a reminder, unless you are 100% sure that they are a legit lender, please refrain from sharing your personal and financial information. If you think that you’re a victim of fraud or scam, you can file a complaint with the FTC.

      Hope this was helpful. Don’t hesitate to message us back if you have more questions.

      With care,
      Nikki

    Default Gravatar
    TimothyFebruary 25, 2019

    What if we don’t have an banking account? Can i still get a loan. I’m struggling with bills and I have a 2 year old. I have a stable job. Please help me.

      Avatarfinder Customer Care
      johnbasanesFebruary 26, 2019Staff

      Hi Timothy,

      Thank you for reaching out to Finder.

      We are on the right page for you to check the available lenders that could assist you in your state. Please indicate the state you are in on the table provided on the table to see your options. Once the results are populated, you may want to check on the “Requirements” column to see which lender does not require a bank account to apply. Kindly review and compare your options on the table displaying the available providers. Once you have chosen a particular provider, you may then click on the “Go to site” button and you will be redirected to the provider’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.
      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.Hope this helps!

      Cheers,
      Reggie

    Default Gravatar
    ToyaOctober 11, 2018

    Is arrowhead advance a good legit loan

      Default Gravatar
      joelmarceloOctober 11, 2018

      Hi Toya,

      Thanks for leaving a question on finder.

      Unfortunately, we do not have information about Arrowhead Advance directly from finder. However, we have a general guide to determine if a loan company is legit or not. Check our guide on personal loan scams for more info.

      Please send me a message if you need anything else. :)

      Cheers,
      Joel

    Default Gravatar
    MissyJune 23, 2018

    I’m looking for a loan options that are not a scam and are legit I looking for a loan before mon June 25 it’s a emergency do you have and suggestions or help

      Default Gravatar
      nikkiangcoJune 24, 2018

      Hi Missy,

      Thanks for contacting Finder.

      You can check this page to find out how to borrow money fast.
      Please know that all information on our website is legitimate and not a scam.

      Hope this helps.

      Cheers,
      Nikki

    Default Gravatar
    BellaMay 16, 2018

    I’m trying to find out if trust loan network is legit or a scam before I give them any information that could leave me bankrupt. Can someone please help?

      Avatarfinder Customer Care
      JeniMay 16, 2018Staff

      Hi Bella,

      Thank you for getting in touch with Finder.

      TrustedLoanNetwork only deals with lenders that follow responsible lending practices. Your application is processed in a secure environment and connected with a lender that is best suited to your needs.

      You may check out our review page for TrustedLoanNetwork for more details.

      I hope this helps.

      Have a great day!

      Cheers,
      Jeni

Go to site