Frequently Asked Questions about Instant Payday Loans
Here are the answers to the most commonly asked questions about Instant Payday Loans.
Who is Instant Payday Loans?
Instant Payday Loans is a free referral service that can help you find the right lender for you. We will select and match you with a lender based on your unique needs. We partner with a vast network of lenders that can offer some of the fastest loans in the industry.
Are your lenders' loans really "instant"?
No, literally speaking, there is no such thing as "instant" payday loans. However, our lenders can offer the next best thing. Our lenders offer expedited payday loans that have the shortest turnaround time possible. Our lenders have gone to great lengths to make the lending process as efficient as possible. Most lenders offer short applications, instant approval decisions, and automatic deposit of funds.
How do I sign up with Instant Payday Loans?
You can sign up with Instant Payday Loans by filling out our brief, online form. You will provide us with some basic contact information, and we will then match you with a lender that can meet your needs. You will then be referred to the lender's website, where you can learn more about payday loans, ask any questions you might have, and apply for a loan.
How large of a loan can I get?
The size of your loan will depend on your lender and your monthly income. Some Instant Payday Loans lenders offer loans of up to $1500, if you qualify. The larger your monthly income, the larger the loan for which you will qualify. Ask your lender about their loan maximums when you apply.
How do I repay my loan?
Repayment terms will vary from lender to lender. Usually, your lender will withdraw the amount of the loan plus a finance charge from your bank account on the loan's due date. Some lenders try to coincide your due date with your next payday, but this may not always be the case. Many lenders that participate in the Instant Payday Loans network offer flexible repayment options whereby you can extend the loan for more time for an additional finance charge. To do this, you typically have to pay at least the finance charge on the loan's due date.
When will I get my loan?
You will receive your loan once you're approved and your application is finalized. How long this takes will vary from lender to lender. Some lenders can have your loan in your account as soon as the next business day if you apply during normal business hours.
If you are wondering if you should get an instant payday loan or not, read more about how they can help.
