Looking for payday loans online direct lenders only? Get direct lender loans with instant approval with Find Me A Loan Today! Borrow up to $5000 even with bad credit
If you’re faced with an unexpected expense, such as a medical or dental bill, or need to repair your car, you may not know where to turn. While some people may ask their friends and family for help, or approach financial institutions for a bank loan or credit card, these options are not always available. The application process for more traditional loans can also take too long in an emergency.
In such situations, many people search for payday loans online. Direct lenders only really assess your ability to repay credit when it comes to this type of short term loan, so even if you have bad credit, you should be eligible for a payday loan.
So if you’re looking for payday loans online, direct lenders, instant approval and low interest rates, Find Me A Loan Today can help you get a payday loan of between $100 and $5,000.
A payday loan is a type of unsecured loan. With a secured loan, like a mortgage or title loan, the money you borrow is secured against an asset, such as your home or vehicle. This means that if you are unable to keep to the repayments, you could risk losing your property. There is no such risk for the borrower with an unsecured loan, as there is no collateral. The unsecured loan lender, on the other hand, does take a risk when lending, as they have no way of reclaiming the funds if they’re not paid. This is why the interest rate is often higher with unsecured loans.
Unsecured loans are then split into two categories - installment loans and payday loans. Installment loans are paid over several months or years, while payday loans are repaid in one lump sum, typically a few weeks after borrowing. These loans take their name from when most people pay back - when they next get their paycheck on payday.
Taking out a payday loan online is simple - you can apply using any device, such as a tablet or smartphone. The lending process with secured loans can be incredibly time consuming, but with a payday lender, you should be able to get near instant approval.
If you need a cash advance loan, there are a few things you should look for when comparing online direct lenders. Firstly, it’s important to check that the lender is fully licensed in your state, and is therefore a legitimate payday lender. That way you’ll know that they are regulated and you will have loan protection. Trusted lenders will also clearly outline their loan rates and terms on their website.
Another thing to consider is the level of customer service given by the direct lender. The easiest way of checking this is through independent review sites, and customer testimonials. Should you need to contact the direct lender, you’d want to speak with friendly staff that are able to quickly and competently resolve any issues or questions you have.
You may also wish to find out what type of credit check a direct lender undertakes. With no credit check loans, only soft searches are carried out, whereas other lenders will perform hard credit checks, finding out about your credit history from credit bureaus. Many people with a low credit score look for the former type of cash loan, but bad credit doesn’t tend to make a difference either way. Things like your employment history and ability to repay the loan are more important to most direct lenders.
When applying for a loan, you may come across broker companies like Find Me A Loan Today. We offer services that can help you find the perfect direct lender, by comparing the rates for you, and putting you in touch with the cheapest payday lender. That way you only need to complete the one loan application, saving you a lot of time and stress. And best of all, we offer a free service to borrowers, as we work on a commission basis with our lenders.
To apply for a direct lender loan, simply let us know the loan amount you’re looking for and the loan terms, and enter some personal information, and you’ll have a decision in minutes! If approved, you could have the funds you need in your bank account in 24 hours, or by the next business day.
Searching for the best payday lender can be time consuming and stressful. Your short term credit could be only two applications away.
We only work with reputable lenders, so we know they are lending responsibly. We’ll search our panel of lenders to find the right loan for you.
We're a broker, not a lender but we'll try to help you get a loan even if you don't have a perfect credit history.