Payday loan options for single parents | Get cash today | finder.com

Short term loans for single parents

A financial solution that can give you the funds you need today.

If you’re a single parent and in need of a loan, you might feel like you have limited options. This may be because you work part-time and so don’t meet the minimum income requirements set by lenders, or you may be receiving some kind of government benefits that make you ineligible for personal loans. Either way, if you find yourself unable to access traditional personal loans or credit cards, you might want to consider a short term loan, also referred to as a payday loan.

Check into Cash Payday Loan

Check into Cash Loans

Check into Cash allows you to directly apply for a payday loan and have your cash when you need it.

  • Min. Loan Amount: $50
  • Loan Term: Varies by state
  • Turnaround Time: 1–2 business days
  • Total Costs: Varies depending on the amount and your state of residency.
  • Must be 18+
  • No security needed
  • Confidential and secure!

    Are payday loans available in my state?

    How do short term loans work?

    Short term loans are small, short term finance solutions that are designed to be repaid in line with your pay frequency and income. You’re usually able to borrow between $100 and $5,000 for a period of 14 days to six months, or up to $5,000 for one year. The turnaround time is quite quick and can be an option for people on lower incomes, receiving benefits or who just need the money quickly.

    Be mindful that these loans often come with higher fees and small loan terms, so make sure you can meet your repayment obligations before committing to anything.

    I receive government benefits, can I still get a loan?

    Yes, there is a range of lenders that will consider borrowers who receive government benefits as income.
    How you could get a loan on welfare benefits

    My credit history is not good. Will I be eligible for a short term loan?

    The majority of short term lenders will consider you for a loan even if you have bad credit. Lenders may have other eligibility criteria you need to meet, such as receiving a regular income or having more than 50% of your income come from government assistance. As long as you meet the minimum criteria set by the lender (which you can find on finder.com review pages) you can apply.

    How to find the right loan for you

    If you’re in need of quick funds you may be tempted to apply for the first loan you see, but there are a few things to keep in mind:

    • How much you can borrow. Lenders usually offer between $100 and $2,000, but if you’re a first-time borrower you may only be eligible for less. There are higher loan amounts available – up to $5,000 and $10,000.
    • When you need to repay the loan. You will usually be offered loan terms to suit your pay frequency. For example, if you get paid biweekly your repayments will be set to be taken from your account every two weeks. Loan terms can extend up to one year.
    • What the fees are. Fees will vary by state and lender.
    • When you will receive the funds. You can usually receive your funds on the same day you are approved, although some lenders may transfer it to you the next business day.

    Things to consider before applying for a short term loan

    While short term loans can seem like a good solution to take advantage of, there are a few drawbacks to be aware of. One is the extremely high interest rates and fees that are charged by short term lenders.

    How you can apply

    Applying for a short term loan is simple. You can start by comparing your options using the comparison table on this page. Once you’ve found a loan, click the “Go to site” button to be redirected through to the lender’s online application form.

    You’ll need to provide a form of ID and details of your employment and financial situation.

    The application won’t take long to complete and you should receive an instant response as to whether you have been approved. Once you’ve signed the loan contract, you will receive your loan amount within the time specified by the lender.

    A selection of loans you can apply for

    Here are some loan providers that you can apply to. Note that the max loan amount is based on the lender’s max amount and your state of residence. Check the websites of any providers you’re interested in to confirm they operate in your state of residence.

    Rates last updated February 19th, 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 Maximum Loan Amount Term of Loan Turnaround Time Requirements
    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.
    $250
    7–30 days
    generally receive the money the next business day
    Be 18+ years of age and have a checking account that can accept electronic transfers.
    CashNetUSA Loan
    Apply for a short-term loan with an easy online application and dedicated customer service.
    Varies by state
    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.
    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
    You must be at least 21 and an American citizen and have a bank account, email address and phone number.
    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
    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.

    Compare up to 4 providers

    A selection of lender matching services you can apply with

    These lender matching services are not lenders, loan brokers or agents for any lender or loan broker. They also do not make credit decisions. They focus on trying to match you with a lender that might be able to provide you the funds you seek. Note that the max loan amount is based on the matching services max amount, but it will vary based on your state of residence. If you proceed with one of these services, confirm that the lender is reputable by checking with your local government.

    Rates last updated February 19th, 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 Maximum Loan Amount Term of Loan Turnaround Time Requirements
    Slam Dunk Loans
    Potentially get approved for a short-term loan through this lender-connection service, even with poor credit history.
    $2,500
    Varies by lender
    As soon as next business day
    Must be employed, receive regular income, earn at least $800 a month, have a checking account, be 18+ yrs old and a US citizen.
    BadCreditLoans.com
    With straightforward, simple qualifications, these loans offer easy approval for people with poor credit.
    $5,000
    3 to 36 months
    Varies based on lender
    Depending on lender requirements, people from all 50 states may not be eligible for a personal loan.
    TriangleCash Payday Loans
    If you have bad credit or no credit history, apply to be connected to a network of lenders for funding at rates that vary by state.
    $1,000
    Varies based on lender
    As soon as next business day
    You must be a US citizen, at least 18 years old, and have a valid bank account.
    SWIFT Payday Loan
    Access multiple lenders with a 5-minute application for a cash advance on your paycheck.
    $1,200
    Varies by lender
    Next business day
    Must be at least 18 years old and employed or have regular income.
    LendYou Payday Loans
    Apply online with this loan-connection company offering unrestricted short-term loans at high maximums — fast turnaround.
    $15,000
    Varies
    1 business day
    You must be a US citizen or permanent resident, age 18+ and have a regular income.
    LoanSolo.com Payday Loans
    Potentially get connected with a legit lender offering convenient payday loans and quickly get funds.
    $1,000
    Varies by lender
    As soon as one business day
    You must be 18+ years old, legally work and live in the US, have a bank account in your name and be employed with sufficient income.
    ExtraLend.com Installment Loans
    This free and simple service could connect you with online lenders offering installment loans.
    $3,000
    Varies by lender
    As soon as one business day
    Must be at least 18+ years old, legally work and live in the US, have a bank account in your name and be employed with sufficient income.
    iCashLoans.com Short Term Loans
    Potentially get a loan through a network of 100+ lenders. One simple online application.
    $1,000
    Varies by lender
    Varies by lender
    Be employed, have a bank account in your name and income of at least $1,000 per month.
    CashAdvance.com Payday Loans
    Whether for emergencies or unexpected expenses, this broker may be able to connect you among its nationwide network of lenders.
    $999
    Up to 12 months
    1–2 days
    You must be at least 18 years old with take-home monthly income of at least $1,000 after taxes.

    Compare up to 4 providers

    How short term loans work

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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.