Payday Loan Online Service

Payday Loan Questions

How do I Qualify for a Payday Loan?

The basic qualifications for your payday loan are:

• You are at least 18 years of age;
• You are a citizen of the United States;
• You have a steady source of income from which you take home at least $1000 per month; and,
• You have an active checking bank account with a direct deposit system in place.

What Are Payday Loans?

A payday loan is a short-term finacing solution that provides you with the extra cash you need to cover your expenses, whether it is used to pay your utilities bills, medical expenses or to cover checks and prevent expensive NSF and bank fees or other current financing needs. Regardless of your situation, the payday loan is secured against your future income in the form of your paycheck. Keep in mind that payday loans are inappropriate for long-term financial obligations.

Sometimes you will find a payday loan referred to as an online faxless payday loan, paycheck loan, payday advance, cash advance or a no fax payday loan. The no fax term is used because the application process is online, quick and easy, with, in most cases, no faxes for you to send in order to receive your payday loan.

I need the cash now! How fast can I get my payday loan money?

Very fast! Payday loan applicants normally receive approval of their loan advance anywhere from a few minutes of the payday loan application having been submitted, to a couple of hours. If your information is verified prior to the banking cut off time you will usually receive your funds, transferred electronically into your bank account, from your loan until your next payday the very next banking day.

I have heard that this type of loan until my next paycheck is expensive; Is that true?

A payday loan can be expensive, though less expensive that the alternatives of NSF or bank fees or tarnishing your credit rating. The fees charged generally range between $10 and $30 per $100 borrowed with your payday loan. Make certain that you include in your budget the means to repay your loan on your next payday. Longer term obligations should not be financed with payday loans.

What does Mrs. Payday Loan charge me for the service?

Nothing. Nada. Not one red cent. Our payday loan application services to you are free of charge.

I have poor or no credit, will I qualify for a payday loan?

Poor credit or no credit, a payday loan may still be available to you.

I have filed for bankruptcy, can I still apply?

Yes, you may still apply for a payday loan. In many cases, if you fulfill the other criteria for the loan until your next paycheck, you will still qualify for your payday advance loan.

Should you be waiting to take care of those bills? Don't let a late payment tarnish your credit rating? Apply now for your payday loan!