It's quick and easy to get $100 - $1000 Payday Loan even if you have bad credit. The requirements are simple and the process is as easy as ABC. It takes only some minutes to apply, get an instant decision and if you are approved, which happens in the vast majority of cases, receive the money within 24 hours. Read our detailed guide to the borrowing process and feel confident to start your application right now.

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

Well, at first let's figure out what options you have looking for the best Payday Loan. Obviously there're two main ways to apply for cash advance - online and in-store. Check out how the process goes in each case.

How to get a Payday Loan online.

Check your credit score to understand what amounts, terms and rates you can expect as all these factors may depend on your credit.

Find out if you qualify for a loan.

Payday Loans are small-dollar short -term cash advance which is rather easy and fast to get. That’s why eligibility criteria are very simple:

  • US residence
  • Minimum regular income of $1,000 per month
  • Valid checking or savings account with direct deposit
  • Phone number and e-mail address (if applying online, you must be able to be contacted via phone if verification of application information is necessary)
  • 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.
  • If applying Online, you must provide a valid Social Security Number
  • If applying at Loan Store, you must bring a valid government issued photo ID. A Social Security Number might not be required
  • If applying in-store, you must bring proof of income and proof of a bank checking account. Debit cards or pre-printed checks may be accepted in your state as proof of bank checking account; contact your local store for details. Acceptable documents may vary by state.

If you meet these basic requirements you can qualify for a payday loan. To find out what amount and terms you can expect fill out our free compacom form.

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

Prepare all the necessary documents.

  • Proof of income: recent pay stubs or bank statements;
  • A state-issued ID, such as a driver’s license or an identification card.
  • If you borrow online – prepare the proof that you have a bank account and the routing number to it so that the lender could withdraw the amount directly from your account.
  • If you borrow in a store take a blank check where you can write the necessary amount and fees to ensure the lender you pay the loan back.

The easiest and quickest way to take out a short-term Payday Loan is to fill out a free COMPACOM-form.

Your application will be seen by hundreds of reliable direct lenders. Our system will match you with the most suitable company in accordance with certain parameters. And if you get approved and you are satisfied with all the rates and terms you will sign the agreement and get the necessary funds. 

Compare the lenders and choose a reliable company.

  • You can find Payday lenders online or in any location near you. Compacom service provides you with more than 300 reliable direct lenders online and lets you choose the nearest payday store in your location.
Must know!
Payday loans are legal not in every state. They are prohibited in 18 states and the District of Columbia.
  • Surf the Internet to check if short-term lending is allowed in your state.
  • Find out all you can about the lender: make sure it’s a licensed company, read the customers’ reviews, look the company up in the Better Business Bureau3 to see if there are any complaints on it. Learn the rates and fees they offer.
  • Call the lending company or use the assistant’s help chat to ask any questions about terms, rates, fees and any other details you are interested in. Make sure you are informed about all the fees you will be charged: interest, service fee, verification fee, money withdrawal fee, non-sufficient funds fee, etc.
  • Get the loan repayment terms information in writing. You must know for sure when the loan is due and what your repayment options are. Ask if you can pay back earlier without any prepayment penalties, whether you can rollover, renew or extend the loan in case you can’t pay it off on time.
  • Compare other lenders’ rates and fees to choose the cheapest loan with the most convenient conditions.
  • Use the Payday Loan Calculator to estimate the cost of the loan.

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.

Many Payday lenders have a lot of complaints and are characterized as scammers. If you are afraid to deal with them consider other Payday Loan alternatives.

Consider other options.

  • Try to work out an extension plan. In case you have fallen behind your payments because of some emergency situations like disease, car break or the like, and the creditor can see that you are a responsible borrower willing to repay the loan he’ll gladly agree to plan some affordable regular partial repayments for you.
  • Apply for a personal loan from a bank, credit union or online direct lender. Personal Installment loans have longer terms and lower rates which makes it easier to repay. Besides you can use them to consolidate an existing debt.
  • Apply for a payday loan from a credit union. They may offer up to $1000 cash advance at lower interest rates and for longer period up to 6 months. But you must be a member of this credit union.
  • Ask your employer for an advance on your next paycheck.
  • Use your bank’s overdraft protection, or in other words ask to take out more money than you have in your account. You may be charged a little fee for that but it will cost cheaper than a Payday Loan.
  • Avoid using “bounce protection” overdraft. The APR on these programs can reach 1,000%.
  • Ask your friends or family for help, and you’d better sign the agreement in writing not to damage the relationship between you and close people.
  • Call or write to the companies that you owe money to and try to negotiate a more manageable repayment plan.
  • Take some cash from a credit card. It usually offers lower interest.
  • Sell something you don’t: DVDs or CDs, a Playstation, etc.
  • Try to earn some extra money, maybe apply for a part-time job.
  • Address your local social services center and find out if you are eligible for programs offering help with food, energy, and child care bills.
  • Cut down on your expenses on recreation. Go to the park or free exhibition instead of restaurants and expensive concerts.
  • Don’t be shy to ask for assistance from non-profit organizations, or special financial services helping to manage your expenses.

Apply for a Payday Loan online from a direct lender.

  • Go to the lender’s website and find an application form. 
  • Look what information is required to fill in and read the disclaimer and especially the fine print very carefully.
  • Make sure your personal data will be protected by the lender and won’t be used to hurt you. Mostly the following things are written in the application:
    • Date of birth and name
    • Contact information
    • Bank account information
    • Employment and employer information
  • Select the necessary amount and the state you live in to see the accurate rates and fees you’ll be charged. You may need to read more details on restrictions set on Payday lending in your state.
  • As you’ve filled out the application go through it once again to check that you have filled everything in correctly. Double check the fees that will apply.
  • Submit the application.
  • Wait for approval. Usually it doesn’t take loan, sometimes you can expect an instant decision but in most cases you’ll receive a confirmation e-mail within 3 days.

Find a Payday Loan store near you to get a Payday Loan the same day.

  • Find the location of the nearest Payday shop, prepare the necessary documents and drive there.
  • Find a free assistant manager. Ask him any confusing questions and search for help with an application form anв documents.
  • Fill out the form.
  • Discuss the terms and conditions with the lender.
  • Sign the agreement.
  • Get the money.

Get the money.

As soon as you are approved you may expect to get the money within 1-2 business days. It’ll be deposited into your bank account if you borrow online, and you may get it the same day, even in an hour if you go to a Payday loan store.

Repay the loan.

Do your best to pay back the loan on time. On a due date the lender will either withdraw the necessary amount directly from your bank account or cash the check. In case there are insufficient funds on your account the lender may take partial payments or charge you NSF fee. Some lenders may still go on collecting interest until you have paid back your debt in full.

If you can’t pay off the loan on a due date consider the following options:

  • Extend the loan. The renewal fee will cost you less than high interest charged for not paying on time.
  • Apply for a repayment plan. In some states lenders are prohibited to charge any additional fees for this service.
  • Try to avoid any other loans to pay off this one as it may lead even to more debt.
  • If you default the loan follow this advice to avoid high-cost fees, penalties or even court.

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