Same Day Payday Loans Online

How to Get Instant Cash Advance Same Day:

  • 1

    Fill out the online application form which takes less than five minutes.

  • 2

    Pass the verification process. This process could potentially mean applicants need to submit additional documentation.

  • 3

    After approval, the funds will be deposited into your bank account by 5:00 p.m. in the time zone you reside providing that you've submitted your application by 11:40 a.m.EST.

What are same day payday loans?

Before you start looking for cash online, find out what payday loans are. This term should be understood as cash loans for any purpose, which can be taken out instantly on the basis of very simple formalities.

Payday loans are usually granted for a very short period, e.g. 30-60 days. Modern payday loans are available via the Internet and can be obtained in a moment after submitting the online application (in practice, 15 – 60 minutes).

Same day payday loans are offered only by non-bank loan companies. Among them, you can also find payday loans 24/7 and payday loans with no credit check.

Can you receive payday loans same day?

The characteristic feature of applying for payday loans online is that you can apply for them at any time of the day or night, 7 days a week. The Internet works around the clock, so it is also possible to register on the loan service and fill out the payday loan application form around the clock. All online loans in this respect can therefore be called same day payday loans.

VERY IMPORTANT: It is one thing to be able to apply for a loan 24 hours a day, and another to be able to actually receive it at any time to your bank account.

The latter issue is not so obvious, because before granting a loan, lenders must first consider the application and examine the customer’s income, which usually takes place only during the working hours of the loan company.

However, there are some exceptions to this rule:

  • there are companies that consider applications for payday loans 24 hours a day, i.e. also on weekends and at night,
  • regular customers whose bank account and identity have been previously verified with a given lender have the best chance of considering the application at an unusual time – in their case applications are often processed automatically by the system,
  • positive verification of the application means an immediate transfer of funds to the client’s account, but transfers are made only during the working hours of the lender’s office.
  • To sum up, same day payday loans are loans that you can apply for even at night, but you usually have to wait for the money until the morning, when the lender starts work and orders the transfer. Here, however, we have good news – more and more companies use quick transfer systems, which is why the funds go to customers’ bank accounts literally a few moments after sending them.

Are same day deposit payday loans available at night or weekend?

As we mentioned above, you can apply for any same day loan 24 hours a day, 7 days a week, including weekends and at night. Submission of the application takes place completely remotely and usually does not require contact with the loan office.

In some companies, applications are processed only on working days and during certain office hours. In turn, many lenders offer the possibility of taking payday loans over the weekend, but in their case you should carefully check:

  • whether the company works both on Saturdays and Sundays;
  • at what time the lender considers applications – often working hours on Saturday are different than on Sunday or the company works only on one weekend day.

How to qualify

If you want to take advantage of a quick payday loan, you must meet several basic conditions, namely:

  • be of the right age – a minimum age is required, most companies offer payday loans from 18 years old,
  • have a valid ID card,
  • have their own bank account and have access to it via electronic banking,
  • be a citizen of the USA,
  • have a permanent place of residence in the U.S.,
  • have a steady source of income.
  • To apply for a loan online, it is also necessary to have an e-mail address and a mobile phone number.

How much you can borrow

Same day payday loans are offered in the amount of $100 to even $1,000. Most such loans are short-term and must be repaid in one lump sum within 30 days. Only a few companies offer payday loans for 60 days or 45 days.

The cost of payday loans is determined individually by each lender and most often consists of APR (annual percentage rate) resulting from the interest rate and commission.

How to apply online

Applying for payday loans online is not complicated and, importantly, is done entirely online. It is enough to have a device with access to the network and it can even be a smartphone. Below we suggest how to take out such a loan step by step.

Step 1

Choose a payday loan and go to the lender’s website.

Step 2

Register on the website – you will need basic personal and contact details to set up an account.

Step 3

Log in to the website and use the sliders to select the loan amount and repayment date (if such an option is available). Pay attention to the amount limits that apply to new customers.

Step 4

Go to the application form and fill in all the boxes carefully. You should enter the data from your ID card, provide your address and contact details, enter your bank account number, and answer a few questions about your professional and financial situation.

Step 5

Verify your identity. Depending on the requirements of the given lender, this should be done either by transferring $1 to the account of the loan company, or by logging into electronic banking using special application.

Step 6

Wait for the loan approval decision. You will receive it via SMS or e-mail. If your application is approved, you will receive a loan agreement by e-mail and money will be sent to your account.

Payment speed – what does it depend on?

Most companies offering same day payday loans declare that they transfer money to customers immediately after the application is approved. In practice, however, the waiting time for a loan, especially the one taken at the weekend or at night, depends on several factors:

  • income – customers with high incomes can count on instant processing of the application, and therefore also on quick payment of money,
  • the availability of quick verification – it allows you to immediately confirm the customer’s data and your bank account number regardless of the time of day or night,
  • the credit policy of the loan company – you can count on the fastest verification of the application and receipt of money by choosing loans with high granting, i.e. those offered by companies that develop their lending campaign and therefore accept more applications than the competition,
  • working hours of a given company and its reputation – payday loans same day deposit are mainly offered by well-known loan companies that invest in modern technological solutions and ensure the highest quality of customer service.

Same Day Loan Options

When you need emergency financing, it’s important to have a variety of options to choose from. The most popular loan types that offer same day cash are: