Need up to 500 dollar loan till the next paycheck? - Apply for an easy and quick unsecured Payday Loan. Applying is free and doesn't affect your Credit History. You get high chanced of approval as it's available even for Bad Credit. Compare the best offers from direct lenders online or find the nearest store near your location. 

LendYou will help you get the cash you need when you need it. You can apply for Payday Loans, Installment Loans or Personal Loans, etc. Compare the lenders and get matched with the best one.

  • MIN Loan Amount: $100
  • MAX Loan Amount: $35000
  • Terms: Varied
  • Rates and fees: Starting at 4.99% APR
  • Turnaround Time: 1 business day
  • $100 - $1000 Payday Loans
  • $1000 - $5000 Installment Loans
  • $5000 - $35000 Personal Loans
  • 18 years of age or older
  • U.S. citizenship
  • Valid checking or savings account with direct deposit
  • Minimum regular income of $1,000 per month
  • Not be a regular or reserve member of the Air Force, Army, Coast Guard, Marine Corps or Navy (or be a dependent of someone who is,) serving on active duty under a call or order that does not specify a period of 30 days or fewer.
Pros
  • High up to $15,000 loan amounts. 
  • Minimal restrictions on how you can use your loan.
  • No collateral or guarantor.
  • Bad credit is OK. 
Cons
  • It's not a direct lender, so you'll need to clarify rates and terms with the company you are matched with. 

 

Check Into Cash offers Payday Loans, Title Loans, Personal Installment Loans and other money products at affordable rates with convenient repayment. 

  • MIN Loan Amount: $50
  • MAX Loan Amount: $3000
  • Terms: Vary by state.
  • Rates and fees: 261% to 782% APR
  • Turnaround Time: 1 business day
  • Payday Loans
  • Online Payday Loans
  • Title Loans
  • Installment Loans
  • Online Installment Loans
  • Line of Credit
  • Flex Loans
  • Other Services
  • Check Cashing
  • Bill Pay
  • Western Union 
  • U.S. Money Card
  • Cell Phone Top-Ups
  • Sell Us Your Gift Cards For Cash
  • Active checking account open for 90+ days
  • US citizen or permanent resident
  • Personal and work phone number
  • Valid email address
  • 21+ years old (19+ in Alabama)
  • Social Security number (for Indiana residents only)
Pros
  • You can get even as low as $50.
  • Quick funding on the next business day.
  • Money can be used for any personal needs.
Cons
  • Not available in every state.
  • APR can be more than 153.73% depending on your state.
  • High late payment fees.

 

Greenlight Cash created an online platform to connect consumers like you with reliable lenders across the country. They partner with a large network of professionals so you get a chance to work with one of them and meet the challenge of improving your financial situation in the most effective way. Once you tap submit, you get one step closer to receiving the funds.

  • Payday Loans
  • Installment Loans
  • Personal Loans
  • be a legal U.S. resident
  • be at least 18 years old
  • have a stable source of income
  • be currently employed
  • have an active bank account
Pros
  • Unrivaled flexibility and accessibility.
  • Predictable monthly payments

  • Quick and simplified borrowing process

  • Any credit is welcome
Cons
  • Not a direct lender.

 

GoGoPaydayLoans offers Payday Loans at affordable rates with convenient repayment terms. 

  • MIN Loan Amount: $100
  • MAX Loan Amount: $1000
  • Terms: Vary by state.
  • Rates and fees: 261% to 782% APR
  • Turnaround Time: 1 business day

$100 - $1000 Payday Loans

  • Active checking account open for 90+ days
  • US citizen or permanent resident
  • Personal and work phone number
  • Valid email address
  • 21+ years old (19+ in Alabama)
  • Social Security number (for Indiana residents only)
Pros
  • You can get even as low as $100.
  • Quick funding on the next business day.
  • Money can be used for any personal needs.
Cons
  • Not available in every state.
  • APR can be more than 153.73% depending on your state.
  • High late payment fees.

 

Loan By Phone offers Payday Loans, Installment Loans and Line of Credit.

  • MIN Loan Amount: $100
  • MAX Loan Amount: $3000
  • Terms: Varied
  • Rates and fees: Vary by state
  • Turnaround Time: 1 business day
  • Payday Loans
  • Installment Loans
  • Line of Credit
  • 21 years of age
  • Social Security Number
  • Proof of Income (from your job, pension, welfare, or other source)
  • Valid email address
  • Active checking account (open for at least 90 days)
  • Current cell/home and work phone number
Pros
  • All loan applications and requests are guaranteed confidential and all transactions are governed in accordance with the laws of your state of residence.
  • Flexible repayment.
  • Available in most states.
Сons
  • High interest rates.
  • If you don't pay back on time your data may be sold to third parties.

 

Indyloan.com offers Personal Loans online at affordable rates with convenient repayment. 

  • MIN Loan Amount: $100
  • MAX Loan Amount: $5000
  • Terms: Vary by state
  • Rates and fees: Varied
  • Turnaround Time: 1 - 2 business day

Personal Loans

  • Active checking account open for 90+ days
  • US citizen or permanent resident
  • Personal and work phone number
  • Valid email address
Pros
  • Quick - no driving, waiting, faxing, paperwork.
  • High approval rate even for bad credit borrowers.
  • Online Payday cash advance with no collateral or co-signer.
  • 24 / 7 online service.
Cons
  • High interest rates.
  • Available not in all the states.
  • Only loans up to $5000 are available.

 

Table of Contents:

500 dollar Loan for bad credit

How much does a $500 Loan cost? 

Instant $500 Loan from direct lenders 

Legit $500 Payday Loans by state

What can you buy for 500 dollars in the US?

How to get 500 dollar Loan for bad credit?

To get an instant cash advance up to $500 for bad credit you need:

  • compare all the offers online,
  • choose the most reliable lender with best reviews,
  • fill out a free application form,
  • after you are approved wait for the money to be deposited into your account within 1 - 2 working days,
  • repay the money on time with your next paycheck.
Must know!
  • Don't borrow more than you need!
  • Plan your budget carefully to make ontime payments!

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  • Payday Loans $100 - $1,000
  • Personal Loans $1,000 - $35,000

How much does a $500 Loan cost? 

The total cost of a loan usually consists of the principal, the interest, and some additional fees. The interest is counted on the basis of the APR. It differs in all the states and varies from lender to lender. To help you understand the calculations better we give you an example of counting the total price of a $500 Payday Loan borrowed for 30 days at the representative average APR of 300%.

Loan Total Cost Calculating Formula!
The principal + (APR : 365 days * 30 days : 100%)

$500 Payday Loan cost

As we can see, the overpay is not so huge as most people think. It's only $4 a day when a coffee at Starbucks costs $5. Not a big deal to solve your financial problems. Read more about Calculating the cost of loans.

PayDay Loan Calculator

?
Select the amount for the loan you want in order to get the principal, which is the basis that we use to calculate the interest and the total cost of the cash advance.
?
The number of days within that you will be ready to repay the loan. It’s used to count the total cost of cash advance by multiplying the days by the amount of interest.
?
To calculate the total cost of your loan, we take the minimal average APR legal in all States, which is 36%. This figure is only a representative, providing you with general information on how much the loan may cost. To find out a more accurate total, fill in the Annual Percentage Rate required by the lender you want to apply to.
?
It’s the money charged by the lender for doing all the necessary paper work, bank transactions, etc., connected with lending you the money.
$ Your loan
+ $ Your fee
= $ Total Cost*

* Total Cost - The sum of money you are to pay off within the term you’ve chosen if you borrow the stated above amount for the average (or required by your lender) APR.

All the calculations are provided as guides only. They don’t guarantee 100% the same cost you are going to be charged but they do help you understand the overpay much better. Unless you change the APR, the calculations will be based on the average or lowest rate represented by most lenders for each loan type. You’ll find the accurate interest rate as well as the real cost of your cash advance after you get approved before you sign the agreement. It will depend on many factors including the amount, the term of the loan, your credit score and the lender’s conditions. Interest rates are not fixed figures and are subject to change at any time. As soon as you fill out an application and get approved all the details concerning the rates and terms will be sent to you.

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  • Payday Loans $100 - $1,000
  • Personal Loans $1,000 - $35,000

Instant $500 Payday Loans from direct lenders 

  • Apply online - it's easy and fast as you don't need to drive, wait in lines, fax any documents;
  • In a Payday Loan store - it's fast as you can get the money the same day;
  • In a Pawnshop - it's also fast but you need some personal item to secure the loan;
  • In a Check Casher - almost the same as Payday Loan store.

Legit $500 Payday Loans by state

Find out if $500 Payday Loans are legal by states' laws and regulations and what maximum amount you can apply for. The number of Payday lenders in each state mostly depends on the gross monthly income per capita. Comparing the following figures indicating the legal status, maximum Payday Loan amount, number of borrowers, and average gross monthly income of residents of all the states :

State

Legal status

MAX Loan Amount

Number of payday lenders

Average household monthly income

Alabama

Legal

$500

997

$23,606

Alaska

Legal

$500

25

$33,062

Arizona

Prohibit

Not Available

0

$25,715

Arkansas

Available

$500

0

$22,883

California

Legal

$300

2033

$30,441

Colorado

Legal

$500

256

$32,357

Connecticut

Legal

Not Available

0

$39,373

Delaware

Legal

$1000

347

$30,488

District of Columbia

Available

Not stated

0

$45,877

Florida

Legal

$500

149

$26,582

Georgia

Prohibit

Not Available

0

$25,615

Hawaii

Legal

$600

N/A

$29,736

Idaho

Legal

$1000

51

$23,938

Illinois

Legal

$1000

503

$30,417

Indiana

Legal

$550

41

$25,140

Iowa

Legal

$500

195

$28,361

Kansas

Legal

$500

335

$27,870

Kentucky

Legal

$500

550

$23,684

Louisiana

Legal

$350

403

$24,800

Maine

Legal

$2000

11

$27,978

Maryland

Available

Not stated

0

$36,338

Massachusetts

Available

Not stated

0

$36,593

Michigan

Legal

$600

617

$26,613

Minnesota

Legal

$350

81

$32,638

Mississippi

Legal

$500

1013

$21,036

Missouri

Legal

$500

865

$26,126

Montana

Legal

$300

0

$25,989

Nebraska

Legal

$500

101

$27,446

Nevada

Legal

25% of gross monthly income

91

$25,773

New Hampshire

Legal

$500

0

$34,691

New Jersey

Available

Not stated

0

$37,288

New Mexico

Legal

$2500

148

$23,683

New York

Prohibit

Not available

0

$33,095

North Carolina

Available

Not stated

0

$25,774

North Dakota

Legal

$500

47

$33,071

Ohio

Legal

$500

737

$26,937

Oklahoma

Legal

$500

338

$25,229

Oregon

Legal

Not stated

66

$27,646

Pennsylvania

Legal

Not stated

N/A

$29,220

Rhode Island

Legal

$500

52

$11,241

South Carolina

Legal

$550

311

$30,830

South Dakota

Legal

$500

408

$24,596

Tennessee

Legal

$425

1283

$26,959

Texas

Legal

Not stated

3889

$24,922

Utah

Legal

Not limited

81

$27,125

Vermont

Prohibit

Not available

0

$28,889

Virginia

Legal

$500

225

$24,877

Washington

Legal

$700

153

$29,178

West Virginia

Prohibit

Not available

0

$34,052

Wisconsin

Legal

$1500

330

$31,841

Wyoming

Legal

Not stated

82

$22,714

What can you buy for 500 dollars in the US?

  • a mobile
  • an old laptop
  • a suit
  • a bike
  • a luxurious dinner

Need all the above things but can't find or save enough money?? Don't hesitate to apply for a Payday Loan Online or find the nearest Stores or Check Cashers near you.

Looking for another amount of Payday Loan? Compare the offers:

$100 Payday Loans

$200 Payday Loans

$300 Payday Loans

$400 Payday Loans

$600 Payday Loans

$700 Payday Loans

$800 Payday Loans

$900 Payday Loans

$1000 Payday Loans

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  • Payday Loans $100 - $1,000
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