The payday loan amounts range from between $100 to $1,000. Upon approval, you will qualify to borrow an amount based on your ability to repay the loan, but some of the lenders are a little more flexible than the others. We will automatically match your completed application with select direct payday advance lenders. At that point, your payday loans online application will determine the approval amount. The answer is yes. Poor credit will not stop you from receiving a loan, however the lender may confirm your information against a national database to verify your identity.
If you’re not able to repay the loan, you may request for an extension. There could be options such as pay only the interest or pay all of the interest and part of the loan amount. Failing to repay could result in legal action and consumer credit reporting. After your application is approved by the lender, these cash loans are usually transferred within hours. However, it could take up to 24 hours depending on the processing cycle. The loan renewal policy will be determined by the lender. Please read the renewal policy within the terms of your loan and direct any questions or concerns to your cash lender.
You can apply for a loan whenever you need one, however keep in mind that the purpose of these cash loans are for short-term use and not as a long-term cash-flow solution. If you are late repaying, most likely you will have late penalties added to your payday advance balance due. Upon acceptance, you will be able to view the full terms of your loan and your repayment amount. These payday loans online, are best used as a short-term cash option. It doesn’t get any easier for you to apply for payday loans online, while being matched through various reputable payday advance lending sources.