Logo payday loans review April 2017

Information verified correct on April 26th, 2017

If you need a short-term emergency loan, try OpenCashAdvance’s free lender-matching service.

Sometimes you find yourself in a financial pinch and need funds immediately. If you have nowhere to turn, you might be considering applying for a cash advance — a short-term loan that you repay when you receive your next paycheck. In this case, OpenCashAdvance may be helpful. Tell OpenCashAdvance a little about your situation, and they will match you with a lender that fits your credit profile.

Though you’re more likely to obtain a cash advance if you meet certain requirements (currently employed, at least $800 in monthly income, etc.), you can apply for a loan even without a job or without stellar credit. OpenCashAdvance’s services are free to use, and you can quickly see if you’re approved by filling out the no-obligation loan request form. Keep in mind the lender you are matched with will charge a finance fee.

What kinds of loans does offer? specializes in what is known as a cash advance, which is a short-term cash loan. These are also called payday loans, because you generally have to repay the loan when you receive your next paycheck.

What is a payday loan?
A payday loan, also known as a cash advance loan, is a short-term 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 payday 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 payday loans vary from state to state, and are even not permitted in some states.

Product Information

  • Product Name: cash advance
  • Loan Term: Varies based on the lender
  • APR: Varies between 200% to 2,290% depending on the lender and your state of residence
  • Borrower Maximums: Varies by state regulations and your personal financial situation

Compare to other lenders

Rates last updated April 26th, 2017
Unfortunately, none of the personal loan providers have a loan for that credit score. It you are urgent need of a small loan, you might want to check out a short term loan.
Max. Loan Amount Term of Loan Turnaround Time Costs
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 Varies by state 1–2 business days Varies depending on the amount and your state of residency. Go to site More
SWIFT Payday Loan
Access multiple lenders with a 5-minute application for a cash advance on your paycheck.
$1,000 Varies by lender Next business day APR varies by lender Go to site More
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. Go to site More
CashNetUSA Loan
Apply for a $300 to $2,250 short-term loan, installment loan or line of credit with a day’s turnaround.
$2,250 Varies by state 1 business day Varies by state of residency. Go to site More
OppLoans Installment Loans
Get a better personal loan of up to $5,000 with 9- to 24-month repayment terms, depending on your state.
$5,000 9 to 24 months 1 business day Depends on state of residency. Go to site More
Cash Central Payday Loan
Offers high-APR cash loans of up to 32 days deposited directly into your checking account.
$5,000 Varies by state 1–2 business days Depends on your credit history and the state you live in. Go to site More
ACE Cash Express Payday Loans
An array of services in 1,000 locations include short-term, installment and title loans with terms that vary by state.
Varies by state Varies by state Generally receive the money the next business day Varies depending upon the state where you reside. Go to site More
LendUp Payday Loans
LendUp offers $250 loans for first-time borrowers. Good credit is not required.
$250 7–30 days 1 business day Varies depending on the loan terms and your state of residence. Go to site 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

Features of a payday loan

  • Apply even with poor credit. Regardless of your credit, you’re welcome to apply for a loan at OpenCashAdvance.
  • Find out quickly if you’re approved. To obtain a loan, just fill out the form on and you’ll learn in a few minutes whether you’re matched with a lender.
  • No obligation. Filling out the form does not mean you’re locked into any contract. The form is merely used to pair you with the right lender; you can choose whether to accept the terms of a loan after you’re matched.

How does work?

1. Fill out the form
To start the process of getting a loan, all you need to do is fill out the loan request form. You’ll input information like your name, address, contact information, amount you’re requesting, employment information and bank information. This is a no-obligation form, so don’t worry about locking yourself into any contracts.

Keep in mind that is not your lender. Instead, it will match you with a lender that fits your credit profile.

2. Get matched with a lender
If pairs you with a lender, you will have an opportunity to read the terms of your loan before you accept it. Look these over carefully so you know exactly what you’ll be paying.

After you submit the form, you’ll be notified within minutes if there is an appropriate lender for you. If that is the case, you’ll be redirected to the lender’s website, where you can view your loan offer and the terms of the offer.

3. Accept the loan terms and receive your funds
Make sure to read the lender’s terms carefully. If the lender approves you for a loan, the lender will deposit the money into your bank account (generally within one business day).
Find out your credit score here

Are payday loans available in my state?

What will it cost to take out a cash advance? does not charge any fees to use its service. If the site matches you with a lender, however, be sure to read your lender’s terms for fees and rates. Interest rates on cash advances through third-party lenders can range from 200% to 2,290%. Also, you may need to pay fees for receiving your cash advance.

What are the requirements to apply for a loan?

Lenders who offer cash advances want to know they have a high probability of being repaid, so they are more likely to offer you a loan if you meet certain requirements.

Eligibility requirements:

  • You have a job
  • You receive $800 or more in wages each month
  • You have a valid bank account
  • You are a resident of the United States
  • You are 18 years of age or older

Required documents and information:

  • Your name, residential address, birth date, email address and phone number
  • Your Social Security number and driver’s license number
  • Your employment information, including job title, employer name and monthly net income
  • Your bank information, including your bank routing number and account number

Though meeting these qualifications makes it easier to obtain a loan, you may still be approved for a cash advance without meeting the listed requirements. allows anyone to apply for a loan even with poor credit or prior bankruptcies.

Frequently asked questions

Is there anything I should know before taking out a cash advance?

There are a few things you should know about cash advances in order to make the right decision for you and your family. First of all, you should generally take out a cash advance only in emergency situations because this type of loan is typically a short-term, one-time solution. If you have structural financial problems that cause you to have difficulty repaying debts, you should consider credit counseling.

Second, you’ll want to make sure you can repay your cash advance in a timely manner. Missing the due date on your repayment will result in additional charges. Avoid digging yourself into a deeper financial hole by taking on debt you cannot afford.

Third, before accepting a cash advance, be sure to read the lender’s terms and conditions carefully. It’s important to read the fine print so you know exactly what you are paying and when it is due.

Does Open Cash Advance charge any fees? How does the website make money?

No, does not charge any fees to use its service. The website matches you with prospective lenders, and if you decide to take out a cash advance, then they will receive a commission from the lender.

How much am I allowed to borrow?

Through the website, you’re allowed to request up to $5,000. However, the maximum amount you will be able to borrow will be determined by the lender you are matched with and the regulations of your state.

Do I have to be employed to apply for a cash advance?

No. If you do not have a job, will try to match you with lenders that offer loans to unemployed individuals; however, remember that your lender may ultimately choose not to lend to you if you are not employed.

How will I receive my cash advance?

When you are approved, your cash advance will be deposited in the bank account you provided when applying through

What will my repayment terms be?

Unfortunately, because works with many lenders, it isn’t possible to know beforehand what the repayment schedule of your cash advance will be. When you are matched with a lender, be sure to carefully read the terms and conditions of your cash advance. You will learn the interest rate and fees you’ll pay, as well as the repayment date.

Since you’ll provide your bank account information while applying through, you may have the option to make an automatic repayment to your lender from your account.

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Disclaimer: At we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
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US Payday Loans Offers

Learn about our information service
Check into Cash Payday Loan

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

LendUp Payday Loans

LendUp offers $250 loans for first-time borrowers. Good credit is not required.

SWIFT Payday Loan

Access multiple lenders with a 5-minute application for a cash advance on your paycheck.

CashNetUSA Loan

Apply for a $300 to $2,250 short-term loan, installment loan or line of credit with a day’s turnaround.