What Is A Payday Loan

Payday Loans Online

Struggling with out-of-the-blue expenses but payday seems an eternity away? Apply online for a fast-approved, secure payday loan with WeLoans. Get payday loans easily and quickly even with your so-so or bad credit history!

How Much Do You Need?

$2,500
$2,500
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What Is A Payday Loan?

A payday loan, also known as a cash advance loan, is a small-dollar, short-term loan to be repaid when you get your next paycheck. It presents people in a financial bind with a safe and convenient solution to cover shortfalls in cash and expenses that are unexpected, urgent, and unavoidable, say medical bills.

3 Easy Steps to Get Payday Loans Online

Fill out a Form

Fill out the application form and we then distribute your request to a list of online payday lenders.

Accept Offers

Willing payday lenders will return you a customized offer. Compare their offers to make an informed decision.

Get Your Money

As soon as the deal is finalized, you can expect the funds to be deposited into your account quickly.

Why Choose WeLoans for Online Payday Loans?

WeLoans is the ultimate solution for your financial emergencies. Check out our advantages below.

  • Affordable interest rates

    WeLoans helps you save more on payday loans. Take comfort in knowing that our partner lenders offer very competitive rates in the industry. You won't connect with a loan shark.

  • Quick approval and funding

    Our lenders will only run a soft credit check so won't take a long time to approve a payday loan. You can expect the cash to arrive in your account in as little as 24 hours.

  • Bad credit considered

    Your bad credit score won't count against you when you apply for a payday loan via WeLoans. Your creditworthiness is based on your income rather than your credit history.

  • Convenience & availability

    Our lenders will approve and transfer the funds online and outside of regular business hours, saving you the hassles of visiting brick-and-mortar payday loan stores and waiting in long lines.

  • Extensive networks of reliable online lenders

    WeLoans connects you with dependable, ethical direct lenders who offer responsible payday loans at a good value. More potential lenders often translate to higher chances of securing a loan that most suits your needs.

  • Privacy and security

    WeLoans adheres to all privacy regulations and employs next-gen encryption technologies to prevent data breaches. Both your personal and financial information is kept confidential and safe here.

What Are Payday Loans Used For?

If you're hit with unplanned expenses, you may find yourself in a dire need of short-term funding. WeLoans will really be a lifesaver before your next payday rolls around. We help you borrow money instantly to cater to the following needs:

  • Medical debt
  • Home repairs
  • Car bills
  • Rents
  • Shopping sprees

Eligibility for an Online Payday Loan

To be eligible for payday loans, you're expected to meet the following criteria:

  • Be 18 years old or older
  • Be a U.S. citizen
  • Have an active bank account
  • Have a valid ID
  • Have a reliable source of income

How Much Money Can I Get?

At WeLoans, you'll receive different decisions from various lenders, and the amounts you can get from them may vary from $50 to $5,000, but basically, are all determined by state regulations as well as some financial factors such as your income and employment status.

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Find Loans Near You By State

Money lending laws are different from state to state. Why not find a lending service conversant with your state's regulations? WeLoans can find you one. Just click your state below to start.

FAQs

  • 1. Is it possible for me to be declined a payday loan?

    In most cases, people were denied a payday loan only because they provided wrong information, failed to provide proof of employment, or had no checking account.

  • 2. How can I repay the loans?

    Most online lenders allow you to repay by cash, by a debit card, by automatic debit payments, or by a post-dated cheque.

  • 3. How to increase the odds of getting loan approval?

    First and foremost, never tell anything untruthful to your lenders. Then, be realistic about the loan amount you can repay over time. And last, fill out the application carefully and correctly.

  • 4. Can I get payday loans online same day of applying?

    Typically, you can receive the money the same or the next business day, depending on when you apply for the loan and how fast the bank processes it.

  • 5. What is the number of cash advances that I can get?

    Nowadays, people are permitted by law to obtain a second loan or cash advance although they already had one. But this doesn't mean any lender will give you a second loan.

  • 6. Can I apply for loans with bad credit?

    Yes. WeLoans will assist you in finding lenders who are willing to approve your loan requests regardless of your credit history.

  • 7.What are the minimum and maximum amounts I can borrow?

    You can borrow $50 and up to $5000 with a payday loan. How much you can borrow mostly depends on your financial situation.

  • 8. Are there small payday loans online no credit check?

    Yes. However, they may not be what you thought. A payday loan disbursed to applicants after running a soft credit check on them is now what's known as a no credit check payday loan. Soft credit checks won't hurt your credit score and can be likened to no credit checks.

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With WeLoans, You'll Never Run Out of Money

Never settle for those undesirable payday loan offers! Get yourself a mouth-watering, obligation-free quote from WeLoans this instant!

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