FAQ

As a payday loan definition says, it’s a short-term cash loan which doesn’t require any collateral. It often goes with high interest rates. Payday Loans let the borrower get some small cash till the next paycheck.  

You need to follow 3 easy steps to get a short-term Payday Loan:

1. Fill out a simple application form online
2. Get instant decision and approval from the lender
3. Once approved, get the money deposited directly into your bank account within 1 – 2 business days.

The interest rate represents the cost of the loan in the percentage rate format. Fees or other finance charges are not included into the interest rate.

APR, or Annual Percentage Rate, includes interest rates, any other fees and finance charges paid for the loan. It represents the actual cost of your loan.

In general, Payday Loans range from $100 to $1,000. Loan amounts/credit limits vary by state. For example, California Payday Loans are limited to $255. Check for other Payday Loan amount limits on your state’s page. 

To qualify for a Payday Loan you need to meet some basic requirements:

• 18+ years of age
• US residence
• An active bank account
• Government-issued ID
• A valid phone number and e-mail
• Proof of income

To get a Payday Loan you can apply online on our website. And then complete 3 easy steps to get the money asap:

1. Fill out a simple application form online. It will take you a few minutes. Just provide our name, e-mail for verification, choose the loan amount and the state you live in.
2. After your loan request is processed, you’ll get an instant approval decision from a direct lender.
3. Once approved and loan agreement signed, you can expect to get the money same day with a direct deposit into your bank account.

If taken responsibly, Payday Loans are safe. We do our best to keep our customers’ information confidential. The latest SSL technology is used on our website. All you data are encrypted to stay safe. Visit our Privacy Policy for more details.

We take your safety and privacy very seriously. You can stay assured that your private information won’t be sold to any third parties.

You can apply for a payday loan online anytime, as we’re available 24/7.

There’re numerous benefits of Payday Loans with EasyPaydayLoan:

• It’s fast and easy to apply.
• The requirements are really simple.
• Bad credit is OK.
• No hard credit check is done.
• No collateral is required.

What concerns the drawbacks, it’s probably only high interest rates. However, you can avoid expensive loan costs by paying the money back on time.

Payday Loans go with short terms and high interest rates. And if you fail to repay the money on time, it can lead to more debt. Though handled responsibly, Payday Loans may be a good solution for emergency financing.

You can get a payday loan even with bad credit (poor credit, low credit) or no credit at all.

Guaranteed Payday Loans no matter what are rather an advertising trick than a real fact. Not every loan request can be approved as lenders should measure the risks. Though it’s necessary to admit that Payday Loans are much easier to get than many other types of  cash advance.