Quick payday loans

Quick short term loans

You don’t need to wait long to get the money you need. Find out how you can get a quick short term loan.

If you’re in need of money, you may want to consider a short term loan.

You can apply for a quick short term loan, also known as a payday loan, even if you have bad credit or receive government benefits, and you can use your loan for whatever you need.

Our guide below will help you determine if a this is a good option for you.

LendUp Payday Loans

LendUp Payday Loans

Apply for a payday loan conveniently online and borrow between $100 and $250.

  • Min. loan amount: $100
  • Loan term: 7–30 days
  • Total costs: Depends on your state, loan product, loan amount and the term of the loan.
  • Must be 18+ (19+ in Alabama)
  • No security deposit needed
  • Confidential and secure
  • Visit the site to see if available in your state

    How do quickly short term loans work?

    How fast you can receive your money depends on whether you apply online or in-store.

    Online applicants will find filling out an application easy to do from the comfort of their own home or anywhere with an Internet connection, but they will generally have to wait at least a day for approved funds to be transferred to their bank account.

    In-store applicants will have to bring all the required documentation with them, but lenders are able to disperse funds shortly after approval in the form of cash, check or prepaid debit card.

    The maximum amount you can apply for depends on your state’s payday loan regulations. There are also restrictions on APR, whether you can take out multiple payday loans and if you can rollover a loan.

    Quick payday loans are known for having high costs, so keep this in mind when applying. A late or missed payment could damage your credit and end up costing you a lot of money in the form of extra charges.

    A selection of loans you can apply for

    Here are some loan providers you can apply with. Note that the maximum loan amount is based on the lender and will vary based on your state.

    Rates last updated August 18th, 2017
    Your filter criteria do not match any product
    Name Product Product Description Maximum Loan Amount Term of Loan Turnaround Time
    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
    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
    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
    Varies by state
    1 business day
    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
    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

    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 focus on trying to match you with a lender that might be able to provide you the funds you seek. Note that the maximum loan amount is based on the matching service’s maximum and will vary by state. If you proceed with one of these services, confirm that the lender is reputable by checking with your local government.

    Rates last updated August 18th, 2017
    Your filter criteria do not match any product
    Name Product Product Description Maximum Loan Amount Term of Loan Turnaround Time
    Bad Credit Loans Personal Loans
    With straightforward, simple qualifications, these loans offer easy approval for people with poor credit.
    $5,000
    3 to 60 months
    Varies based on lender
    Slam Dunk Loans
    Get approved for a cash loan today with this lender matching service offering short term funding. Availability depends on your state of residence.
    $2,500
    Varies by lender
    As soon as next business day
    TriangleCash Payday Loans
    If you have bad credit or no credit history, apply to be matched with a network of lenders for funding at rates that vary by state.
    $1,000
    Varies based on lender
    As soon as next business day
    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
    iCashLoans.com Short Term Loans
    $1,000
    Varies by lender
    Varies by lender
    CashAdvance.com Payday Loans
    Whether for emergencies or unexpected expenses, this broker may be able to match you among its nationwide network of lenders.
    $1,000
    Up to 12 months
    1–2 days

    Compare up to 4 providers

    When will I receive my loan?

    If you apply with any of the lenders listed above, check this table for when you can expect to receive your funds.

    LenderTurnaround time
    100 Day LoansDepends on the lender, usually 1 business day.
    Achieve LendingDepends on the lender, usually 1 business day.
    Advance AmericaOnline applications received prior to 8 p.m. EST are usually funded the next banking day. In-store loans can be funded within 10-15 minutes.
    CashAdvance.comDepends on the lender, usually 1-2 business days.
    CashNetUSAIf you’re approved by 9 p.m. CST Mon-Thurs, you’ll generally receive your funds the next business day. If you’re approved between 9 p.m. CST Thursday and 7 p.m. CST Sunday, you’ll receive your funds on Monday unless it’s a bank holiday.
    Cash CentralLoans approved before 7:45 p.m. EST (6:45 p.m. CST, 5:45 p.m. MST, 4:45 p.m. PST) Mon-Thurs are usually deposited the next business day. Applications submitted Fri-Sun before 7:45 p.m. EST will be funded the following banking day and applications submitted Sunday after 7:45 p.m. will be funded on Tuesday.
    Check CityOnline applications take one business day and in-store applications take around 15 minutes. If you apply online and are approved before 7 p.m. MST on weekdays or 8 p.m. MST on Saturdays, the process can be completed quickly so you receive funds the next business day after approval. If you apply after these hours or on Sundays or holidays, your loan application will be processed the next business day and funds deposited into your account one day after that.
    Check into CashLoan applications processed before 7 p.m. during business days are usually funded the next business day. If you apply online, you also have the option of picking up your approved funds in-store.
    LendUpIf your loan is approved by 5 p.m. PST Mon-Fri (excluding holidays), you will generally receive your funds the next business day. Exact funding time depends on your bank.
    LoanMartOne business day.
    NetLoanUSALoan processing and transfer times vary between lenders.
    Personal Money StoreLoan processing and transfer times vary between lenders, but you can receive your approved funds the next business day.
    Speedy CashOnline loans take one business day to be processed. If you visit a store you can pick up cash or have it loaded onto a prepaid debit card.
    TrustedLoanNetworkLoan processing and transfer times vary between lenders.
    USPayDayCashFast.comYou can expect approved funds in your account by the next business day.

    What features do quick short term loans offer?

    When you’re comparing loans, here are some features you should look out for.

    • Multiple options for borrowing money. If payday loans are legal in your state, you’ll have numerous options to choose from. Bear in mind that not all short term loan providers are equally quick in processing applications and disbursing funds (see the table above).
    • Quick processing of your loan. Some short term lenders use the latest in technology to verify your credentials online and give you an answer within minutes.
    • Lower than normal fees. State regulations tend to govern how much payday lenders can charge in fees, but some lenders charge less than others. You may find lenders who charge lower fees and rates the more you borrow with them, so consider this when looking for a loan.

    How can you know when a lender is the best?

    Types of loans that are available

    You have a few different options when you need money quickly, including:

    • Short term loans. These are short-term loans that you have to repay by your next payday. The maximum you’re able to borrow and the terms of the loan depend on the your state of residence.
    • Installment loans. With a quick installment loan you don’t have to repay the entire loan amount in one go. You make equal payments over a set term, which can extend up to one year or more.
    • Auto title loans. If you have a car or a motorcycle that you can use to provide security, you can consider getting an auto title loan. Your vehicle will works as collateral, but you’ll have continued access to your vehicle during the loan term.

    Things to consider before applying

    Here are some things to look for:

    • Fees and charges. Make sure you check your loan contract before accepting as there may be extra fees and charges you have missed. Once you accept, you’ll be liable to pay all associated costs.
    • Length of your loan. This will vary depending on what state you live in. Ensure the loan you apply for conforms with the laws of your state and the needs of your budget. Longer loans accrue more interest, but shorter loans have higher payments.
    • How long until you get your cash. You’ll generally get your cash within in the hour if applying in person. Compare how long each lender can get you the money before applying.
    • Interest Rates. If you don’t need a loan immediately, be sure to compare interest rates between lenders. These vary, and it can mean spending hundreds of extra dollars if you don’t choose the plan that’s right for you.

    Always review a loan’s terms and conditions before accepting the contract so you know what additional fees and charges you should expect.

    Lost Job

    Woman on phone Jessica recently lost one of her jobs as a waitress at the local diner. Her rent is due soon, and she knows she won’t be able to repay a short term loan on time. Instead, she looks for an installment loan with a low minimum.

    Comparing lenders, she finds one who has a term of six months. To get it, she proves that she has a steady source of income–her second job as a cashier at the coffee shop–and she is financed the next day for the amount she needs to make her rent.

    With six months to pay off her debt, Jessica is sure she’ll be able to find a new job in time.

    Are payday loans available in my state?

    Frequently asked questions

    You can usually complete an online short term loan application in around 10 to 15 minutes as long as you have all the required information on hand.
    You should meet the minimum age requirement, which is 18 years in most states. You should also be a permanent resident of the US and have a steady source of income. Some lenders have additional criteria, so be sure to compare your qualifications before you apply.
    The amount of money you can borrow from a lender depends on state regulations and the lender’s policies. Most states require a minimum age, and some lenders require you to borrow through a tiered system before they allow you to borrow the maximum amount.
    You might consider applying for an installment loan or an auto title loan. Other options include a loan from a military aid society or an affinity group, or you can ask your employer for a cash advance.
    There is no guarantee you’ll be approved, but short term lenders will typically want to verify your income, identity and bank account details during the application process.
    Was this content helpful to you? No  Yes

    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 only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and our Privacy Policy.

    US Payday Loans Offers

    Learn about our information service
    Slam Dunk Loans

    Get approved for a cash loan today with this lender matching service offering short term funding. Availability depends on your state of residence.

    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

    Get a better installment loan repayment terms up to 36 months, depending on your state.

    feedback