Get up to $1,000 Bad Credit Payday Loan from a direct lender online. It's easier and definitely cheaper as there are no connecting services who may charge additional fees. Besides, it's faster. We give you some useful expert advice how to choose the best and most reliable lender.

NEED CASH FAST?
  • Payday Loans $100 - $1,000
  • Personal Loans $1,000 - $35,000

Contents. 

Direct Lenders: pros and cons. 

The difference between direct lenders and brokers. 

Can you get approved by a direct lender if you have bad credit? 

Instant approval, same day funding, no credit check, no Teletrack - myth or reality? 

How to choose a reliable direct lender. 

NEED CASH FAST?
  • Payday Loans $100 - $1,000
  • Personal Loans $1,000 - $35,000

Direct lenders: pros and cons. 

Pros
  • You can get future loans easier, if you worked directly with the lender earlier. When you cooperate with direct lenders, you make payments directly to them, what will make your credit rating higher.

  • Direct lenders have easier process of applying in comparison with indirect lenders. You just need to fill in the form only for one company and get what you need. It also makes process a little bit quicker, which is important if you need loan for vital purposes.

  • Interest rate and fees are usually lower when you work with lender directly. Direct lenders don't need to take a cut intermediately, it affords lender to offer you a better conditions.

  • Privacy. Some companies sell you personal information to third parties, which can contact you with special loan offers. If we talk about direct lenders, they usually have safe privacy policy.

Cons
  • A lot of people want to get best possible offer. Different direct lenders offer many variants of loans with many options, it can be hard and annoying to look through every lender and find the best one.

  • It's harder to get an approval with bad credit history. You more likely to get an approval if you work with indirect lenders (using matcher).

NEED A LOAN? FIND THE BEST LENDERS ONLINE!

How much would you like to borrow?

The difference between direct lenders and brokers.  

Mortgage brokers can seem similar to direct lenders, but it's not right. Brokers have access to many direct lenders, they can choose the most suitable loan for you. Brokers are more like your personal manager, who takes all the hard job instead of you. Brokers can help you to make an application or to close a loan. As for lenders brokers are kind of marketing instrument, which can lower their expenses on marketing needs.

The main difference of direct lenders, is that they have special license. There are different kinds of direct lenders, for example, portfolio mortgage lenders start their own loans and can keep and service them for the whole loan's life. Moreover, direct lenders have the current amount of money to fund mortgage loans, sometimes they can use credit lines. Direct lenders often service the loans which they created or they can sell them to a mortgage market.

The table illustrates comparison of direct lenders and mortgage brokers:

 

Pros

Cons

Direct lenders

  • You can have streamlined communication without broker.
  • Dealing directly with the money's holder (lender).
  • Lender can make exceptions to their rough itinerary.

 

  • Lenders can behave as a broker (even if they can lend directly).
  • You don't get acquainted with the lender intermediately.

Mortgage brokers

  • Streamlined process of shopping for the best loan.
  • Potentially lower rates.
  • Brokers trying to find the best loan for you.
  • Brokers have to trust lenders to work with the clients.
  • Brokers don't make final decisions.
  • Brokers can't make exceptions to rough itinerary.

There could be a huge difference between direct lenders and brokers depending on the company you choose.

TOP RATED COMPANIES

Rates last updated March 23rd, 2019

LEND YOU

$1,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements.

15%
MIN APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, Unsecured
Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

LendYou.com is the easy way to find the cash you need when you need it. You’re looking for cash to pay bills, to buy a car or maybe do some work around the house. LendYou.com has the lenders you're looking for. It's easy. It doesn't matter the size of the loan you're looking for… LendYou may be able to connect you with a lender that can help.

The loans you need, when you need them. 

 

4.4857142857143

Check Into Cash

$1,000
Maximum Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements.

Varied by state
MIN APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, unsecured
Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

Check Into Cash is a national leader in direct lending, providing customers with affordable, short-term, small dollar credit solution. We provide Payday Advances, In-Store Cash Advances, Online Payday Loans, Title Loans, Title Pawns,Check Cashing, Western Union®, walk-in Bill Pay, and reloadable prepaid U.S. Money Cards in our centers nationwide. Check Into Cash is truly your one-stop money shop.

4.3333333333333

CashAdvance.com

$999
Maximum Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements.

15%
MIN APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, unsecured
Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

CashAdvance.com is one of the more trusted names in payday loans, and works the same as Trusted Loan Network in that it aggregates lenders to help match the best one for you. They offer a wide range of loans and have some of the lowest APRs in the payday loan business. CashAdvance.com also does not require a credit check, but you do need to be 18, have a source of income and have an open back account. Once you are approved, funds will be deposited in your account the following business day.

ONLINE COMPANIES

Rates last updated March 23rd, 2019
4.4285714285714

PAYDAY LOANS USA .ONLINE

$1,000
MAX. loan amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements.

16,6%
MIN MPR

The minimal percentage allowed that actually represents the cost of your loan charged for a month. It's more important for the customer as mostly Payday loan are borrowed for a month term and paid off with the next paycheck.

None, unsecured
Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

Has life thrown you an unexpected financial curveball? Need a loan? Bad Credit?  Don’t look any further! PAYDAY LOANS USA .ONLINE is here for You. 100% online short-term Payday and unsecured Personal loans from some of the best direct lenders in the USA.

Payday Loans Low Rates

$1,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements.

16,6%
MIN MPR

The minimal percentage allowed that actually represents the cost of your loan borrowed for a month. It's more significant criterion than APR as mostly Payday loans are borrowed for 14-30 days until the next paycheck.

None, unsecured
Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

THE TYPES OF LOANS THAT WE OFFER ARE AS FOLLOWED:

$100 - $1,000 Payday Loans - a short-term loan which you typically would repay by your next payday or within 30 days. Normally comes with a higher (APR).

$1,000 - $35,000 Personal Installment Loans - involves equal periodical repayments over an agreed loan term. No collaterals are needed either, but the APR is normally lower compared to the one of the payday type.

Your Faster Payday

$1,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements.

16,6%
MIN APR

The minimal percentage allowed that actually represents the cost of your loan borrowed for a month. It's more significant criterion than APR as mostly Payday loans are borrowed for 14-30 days until the next paycheck.

None, unsecured
Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

How does YourFasterPayday.com work? You’re looking for cash to pay bills, to buy a car or maybe do some work around the house. YourFasterPayday.com has the lenders you're looking for. It's easy. It doesn't matter the size of the loan you're looking for... YourFasterPayday may be able to connect you with a lender that can help. Fill out the block above to get started.

Fast Holiday Loans

$1,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements.

200%
MIN APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, unsecured
Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

Get cash for the holidays! Get a loan of up to $15,000 as soon as the next business day! Wrap Up the Holidays with up to $15,000 in Cash! This holiday season, get the cash you need. We’ll connect you with a lender who can provide up to $15,000 to take care of all of your holiday expenses!

Benefits:

  • Easy Online Application
  • Safe and Secure
  • Fast Decision
  • Trusted Source

Can you get approved by a direct lender if you have bad credit? 

Good credit score is essential to get credit loan from most lenders. Although there are some lenders, who can approve your application even with bad credit score. The important thing to get approved with a bad credit score is an opportunity to repay the loan. You must have stable monthly income and valid bank account, then direct lenders will see you as less risky consumer. If you want to apply to direct lender, you should meet all the required requirements. It doesn't mean that you'll certainly get the loan, but it'll boost your chances.

Must know!

Different lenders have different requirements, but one thing works for all lenders: the less amount of money you need, the more chances you have to get a loan. 

Instant approval, same day funding, no credit check, no Teletrack - myth or reality? 

Yes, you can get the loan same day, without credit check and Teletrack. But is it as good as it seems? Lenders who are ready to approve your application without credit check and Teletrack usually have very high interest rates and great fees. Moreover, you should think, why these companies don't care about their money? Why they don't check how risky their potential borrowers are? Because of high interest rates and big fees? - May be yes, may be no. Most companies who are used Teletrack system and check your credit score are legal and it's more likely that their credit conditions are controlled by state. What I'm trying to say: the companies who don't check your credit and don't look at Teletrack score are more likely to be frauds. It's not the rule, but you should take this information into account.

Good to know if you want to apply for a Payday loan:

  1. Interest rates on Payday loans could be extremely high!
  2. If you can't afford your monthly payments lenders can offer you to take a new loan in case to repay the payments of 1-st one (usually with higher interest rates), then you have to pay 2 loans at once.
  3. If you can't repay your loan, collectors can act aggressively to get their money from your bank account.
  4. Easy to approve, hard to repay. If lenders approve your application without credit check, it means, that they don't care, can you afford the loan or no.

NEED CASH FAST?
  • Payday Loans $100 - $1,000
  • Personal Loans $1,000 - $35,000

How to choose a reliable direct lender. 

Most people take payday loans online, but there are still some ones, who afraid of scams. Are there any factors that can help to differ scams from reliable lenders? There are, and they're quite simple:

Must know!

There are some payday loans with hidden fees. It's important to know, cause not all states have auxiliary facilities. In case to specify those loans, you should follow few simple rules. Firstly, you should communicate with direct lender and ask all the questions you have (ask about what happens if you'll not pay on time). The most important thing is to read the terms and conditions very carefully (better twice), cause if you sign the agreement, you'll not be liable to change anything

NEED CASH FAST?
  • Payday Loans $100 - $1,000
  • Personal Loans $1,000 - $35,000