Can I get the same day Payday Loan?
Payday loans are quick to get if we compare to other types of credit such as auto, mortgages, etc. It usually takes less than 24 hours to deposit the money into your bank account if you apply online. It may be faster if you go to a store, there you may be able to get the money in cash immediately.
Short-term loans are usually used by people in emergency situation. Naturally they mostly require the money as quick as possible. Is same-day funding real? Yes, it is! If you borrow online, the money is promised to be deposited into your account within 24 hours. So it can be the same day, or it can come the next business day depending on the lender, processing time, the time when you applied, whether it was the beginning or the end of the working day.
Actually in most cases when you apply for a payday loan online you are almost instantly approved. All you do is fill out an easy free application form and in a couple of minutes get the answer from the direct lender.All this process takes only some minutes.
In case of applying in-store you have 99% chance of getting the cash right away. Of course, it may take you longer to drive to the shop, to wait in a line, to do paperwork. But as soon as the application is processed and all your data are verified, you are lent the money you need.