This site is dedicated to finding you the quickest and fastest way to access cash during emergency situations, especially if you have bad credit and are in need of money (in a hurry) and do not want to (or cannot afford to) wait to fill out piles of paperwork without a guarantee that you will get the cash you need.
If you are looking to borrow money and find loans that do not require a credit check or are looking for short-term loans, quick cash advances and money lenders who will allow you to get these loans, then this site is for you.
Frequently Asked Questions About Pay Day Loans:
What exactly is a payday loan?
A payday loan is a small unsecured loan, usually for $100 to $1,500, which is designed to meet your financial needs until your next payday. Essentially, you are making out a check for the advanced loan amount, plus a fee, to be held until your next payday. .
Payday loans are also known as cash advance, short term loans, payday advances, cash loans, fast cash, fast loans, bad credit loans, deferred deposit, and a number of other things. No matter what you call them, payday loans can get you through your financial crisis.
What are the requirements for a loan?
The minimum requirements for a payday loan are:
- You must be at least 18 years of age
- Have a job (or other regular source of income)
- You must have an active open bank account
To be approved for a loan, you need to meet the requirements of the specific lender with whom you are connected. The lender will evaluate your application and determine whether you are eligible based on its own set of approval criteria. Factors such as income, direct deposit of your pay, past payday loan history and state of residence, may affect the approval of your loan.
If your application is accepted by a lender, your assigned lender may contact you directly and ask for additional information in order to approve your separate loan application. Payday lenders utilize proprietary criteria to evaluate applicants and will approve your loan when your application matches their criteria.
In order to increase your chances of getting matched with a lender and ultimately approved for a loan, please be sure to fill out our application with honest verifiable information. For example, entering a cell phone number instead of a home phone makes it more difficult to verify your information and many lenders will not accept applications that cannot be verified. We do our best to find a lender for you, but unfortunately there’s no guarantee that your loan application will be accepted.
How do I get a payday loan?
Simply complete the online application and submit it from our web site and we will attempt to connect you to a lender online within seconds.
If you are matched with a lender, you may be required to electronically sign and agree to the terms of the loan. However, there is no obligation to accept the loan. If you are not satisfied with the terms of the loan, simply do not sign it, and apply again to find a different lender.
Typically the proceeds of your loan will be electronically deposited into your bank account by the lender the next business day. You will typically have the ability to choose the payment option that works best for you. All payments are processed by your lender by electronic transfer from your bank account.
How long do I have to pay back the loan?
Your loan is normally due on your next pay date. However, most lenders will allow you to extend your loan by paying a fee.
Please contact your lender directly if you have repayment questions.
How do I receive my cash?
The payday loan / cash advance is wired directly into your bank account by your lender. Lenders typically work with a network of other lenders, some of whom can have money in your bank account in one business day.
How quickly can I get my money?
Payday lenders typically process the loan immediately so that it will be available in your account the following business day after the loan is approved. Lenders can wire the money to your bank account in one business day. If you apply on a weekend or holiday, the money will be sent to you by your lender the next business day.
How much money can I have advanced to me?
Each lender offers different loan amounts, and the amount you may receive may depend upon the information that you provide to us on the application. Your lender may offer you a smaller loan until you establish a payment history with them.
What are the loan fees for the cash advance?
The fees will vary depending on which lender you are matched with.
What if I only have a savings account?
We have several lenders in our network that can lend you money even if you only have a savings account. Please contact your bank to get the routing number. This is needed in order to electronically transfer the loan funds to your account as well for repayment of the loan.
What if I have a fixed income or benefits?
As long as you have a steady stream of income, our lenders may be able to provide a loan to you. Enter your benefit provider as your Employer. If you do not have the telephone number of your benefit provider, enter your own telephone number. Enter the number of months you have been receiving benefits for the Months Employed.
What if I do not have a driver’s license or state ID?
If you do not have a driver’s license or a state ID, please enter your passport number or social security number.
Does your company do credit checks?
Emergencymoneylender.com is not a lender and we do not perform any type of credit check. We try to match your application to lenders in our network in order to find the right loan for you. Most of our lenders do not do traditional credit checks, however, they may query various consumer databases, such as CL Verify, TeleTrack or DataX in order to verify your identity and review your past payday loan history.