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Spotya short-term loan connection service review

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Take the stress out of finding a lender by using this connection service.

Spotya makes it easy to find a loan when you don’t have the best credit by connecting you with payday lenders that may be able to help. But with no reviews and minimal company details available, you might want to consider your other options first.


Min. Amount


Max. Amount

Next Business Day

Turnaround time


Product NameSpotya! Online Payday Loan
Min. Amount$100
Max. Amount$1,000
Loan Term8-30 days
Turnaround TimeNext Business Day
RequirementsChecking or savings account, steady source of income, live in IL, US citizen or permanent resident, ages 18+

What is Spotya?

Rather than provide loans directly, Spotya is a short-term loan connection service that works with lenders offering up to $1,000.

You don’t have to meet strict eligibility criteria to qualify, either. As long as you have a steady source of income and a checking account, you may be able to find a lender that can help. The process is quick, and you’ll find out if you’ve been connected shortly after you fill out an online form.

While you don’t have to pay Spotya any fees to use its service, you should still borrow with caution: Short-term loans often come with high interest rates that can result in you paying hundreds of dollars in interest.

What are the benefits of using Spotya?

From its fast service to its free educational resources, there are a few perks of using Spotya:

  • Quickly compare offers. You can complete the online form in a matter of minutes and potentially get connected with lenders that can help.
  • Bad credit accepted. Even if you don’t have the best credit, Spotya may still be able to connect you with a lender.
  • No collateral. Spotya works with short-term lenders that don’t require any collateral. This means you won’t have to back your loan with an asset — like your car title.
  • Educational resources. Spotya has a blog that covers an array of topics, including responsible borrowing, credit card debt, payday advances and online lenders.

What to watch out for

  • Expensive to borrow. While Spotya doesn’t charge a fee to use its service, payday loans are notorious for their high APRs that can range anywhere from 200% all the way up to 1300%.
  • Need a bank account. Because Spotya only works with online lenders, you’ll need to have a bank account in order to receive your funds and pay back your loan.
  • Minimal company information available. Spotya has an about page, but it doesn’t go into company details or its history. You may want to give customer support a call to learn more about Spotya before you use its service.
  • No reviews. Despite having a page on the Better Business Bureau (BBB), there are no reviews for Spotya — meaning you won’t know how well the process works until after you fill out the online form.

How does Spotya compare to direct lenders?

Check the websites of any providers you’re interested in to confirm they operate in your state of residence.

Data indicated here is updated regularly
Name Product Filter Values Max. Loan Amount Turnaround time Requirements
OppLoans Installment Loans
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.
CreditLend connection service
Varies by lender
Regular source of income, checking account, not currently involved in bankruptcy or bankruptcy relief
Find a line of credit — even if you don't have a perfect score.
Check Into Cash Payday Loan
1 to 2 business days
Bank account, email address, phone number, US citizen or permanent resident, ages 21+
Plus, get access to check cashing, cell phone top ups, bill pay and more at one of its many storefronts.
Fast5kLoans Short-term Loans Connection Service
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.
LendYou Short-term Loans
Same business day to 1 business days
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.

Compare up to 4 providers

Beware of high APRs

It doesn’t cost anything to use Spotya’s service, but you’ll still be on the hook for high interest charges and fees if you take out a payday loan from one of its partner lenders. Short-term loans can often end up costing you double or even triple the amount you borrowed, which could result in you owing much more than you bargained for.

Before you commit to a lender Spotya connects you with, check out your short-term loan alternatives to see if there’s a cheaper option.

Is it safe to use Spotya?

In general, yes — though no online lender can ensure your information stays 100% safe. Spotya has standard encryption security on its website to keep your personal details secure. But because it’s a short-term loan connection service, your information may still be sold, rented or shared with third-party lenders. This is normal for a connection service, but it does mean you might receive unwanted phone calls or emails long after you borrow a loan.

Read over Spotya’s privacy policy and terms of use before you submit an online form. And if you’re connected with a lender, read through its terms and how your information will be used before signing the dotted line.

Spotya reviews and complaints

BBB accredited No
BBB rating A+
Customer reviews verified as of 16 October 2020
There isn’t much out there about Spotya. While it has a page with the BBB, it isn’t accredited or rated. In fact, there are no complaints or reviews listed for the company. This isn’t uncommon, though — most borrowers only leave reviews for the lender they’re connected with, not the connection service.

Am I eligible?

In order to be connected with a lender, you must meet a few basic eligibility criteria:

  • Have an operational checking account.
  • Have a steady source of income.
  • Be a US citizen or permanent resident.
  • Be the age of majority where you live — 18 years old in most states.

How do I get started?

Spotya’s online form only takes a few minutes to fill out. Here’s how you can get started:

  1. Visit Spotya’s website. Enter your full name, email and state, then click Get Your Cash.
  2. Enter the amount you want to borrow, your address and your date of birth.
  3. Enter your employer’s name and phone number, as well as your monthly income, driver’s license number, phone number and Social Security number.
  4. Select how frequently you’re paid and your next two pay dates, then enter information about your bank account.
  5. Read over Spotya’s privacy policy and terms of use. Click Submit Form.

It may take a few minutes for Spotya to go through its network of lenders and find one that suits your borrowing needs. If you’re connected with a lender, you’ll be redirected to its website to complete the application.

I was connected with a lender. Now what?

If you’re approved, you’ll receive a loan offer document that gives you a clear indication of what you’ll have to pay during the course of the loan. How much your loan ends up costing depends on how much you borrow, your lender and your state regulations. In general, you can expect to pay a fixed fee of $10 to $15 per $100 borrowed. And if you can’t pay the loan off as per the schedule, you might have to pay late charges.

Always budget before you borrow to make sure you have enough to cover the cost of your loan on its due date. You might also want to sign up for automatic payments to make the repayment process a bit simpler.

Bottom line

Spotya can help you find a lender offering up to $1,000 — even if you have bad credit. But the lack of reviews or information about the company might make it hard to trust, especially since everything takes place online.

Before you borrow, check out our guide to payday loans and see if payday loans are legal in your state to make sure you’re getting a good — and legal — deal.

Are payday loans available in my state?

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