{"id":307,"date":"2020-05-22T17:03:30","date_gmt":"2020-05-22T17:03:30","guid":{"rendered":"https:\/\/paydayseek.com\/?p=307"},"modified":"2020-06-04T18:25:30","modified_gmt":"2020-06-04T18:25:30","slug":"fast-payday-loans","status":"publish","type":"post","link":"https:\/\/paydayseek.com\/fast-payday-loans\/","title":{"rendered":"Getting Fast Payday Loans Online. How Quickly Will I Get My Money?"},"content":{"rendered":"\n

As the name suggests, fast payday loans are short-term loans (typically up to $1,000) that borrowers can use to cover unexpected expenses or to make it through between paydays. These loans have very few requirements and usually get quick approval. The borrower doesn’t have to put up anything as collateral either.<\/p>\n\n\n\n

Normally, when you apply for fast payday loans online, you will get the decision almost instantly<\/a>. If approved, you’ll get your money in your bank account the same or next business day. The exact time will depend on who you apply with and what their internal processes look like.<\/p>\n\n\n\n

What Does The Application Process For Fast Payday Loans Online Look Like?<\/h2>\n\n\n\n

At PaydaySeek we work with 100+ direct payday lenders who provide quick and easy payday loans online<\/a>. This allows us to find you a loan lender even if you have bad credit or no credit history at all.<\/p>\n\n\n\n

\"Fast<\/figure><\/div>\n\n\n\n

When you decide to request a loan on our website, here’s what the application process will look like:<\/p>\n\n\n\n

  1. You fill in the application form<\/a> on our website. This will usually take no more than 5-7 minutes.<\/li>
  2. Once we have your information, we will send it to one of the many loan lenders we work with. If the lender rejects your payday loan application for any reason, we will send your information to another lender, and then another, and another, until we manage to secure pre-approval for you. Pre-approval usually means that the lender has run a soft credit check on you and is ready to grant you the loan amount you requested.<\/li>
  3. Once pre-approved, we will redirect you to the lender’s website where you can finalize your cash advance loan application. At this point, depending on the lender’s internal processes, they may contact you to verify your loan application. If the lender you’ve been matched with doesn’t require this, you will be offered to view the loan agreement and e-sign it on the lender’s website. At this point, you will know the exact terms and conditions of your loan agreement, including the repayment terms, the APR, and any other fees, if applicable.<\/li>
  4. Once you’ve signed the loan agreement, the lender will send an ACH transfer to your active checking account.<\/li><\/ol>\n\n\n\n

    In some cases it may take just under an hour<\/a> from the moment you request a payday loan on our website to the moment a lender approves it. However, the exact time when you get your cash in your bank account will depend on when you apply, the internal processes of your lender, your lender’s bank, and your bank.<\/p>\n\n\n\n

    How Quickly Will I Get My Money?<\/h2>\n\n\n\n

    We work with more than a hundred direct lenders who provide fast cash payday loans and many of them offer a same-day deposit.<\/strong> Whether you’re eligible for one will depend on the time of day and day of the week your payday loan application is approved.<\/p>\n\n\n\n

    Weekday applications<\/h3>\n\n\n\n

    If you apply for a payday loan online and expect to get your cash the same business day<\/a>, you should do your best to apply before the cut-off time. It varies between lenders but is usually before 10:30 am. Try to apply as early in the morning as possible to be on the safe side.<\/p>\n\n\n\n

    However, you might still get your loan amount the next business day despite having applied early:<\/p>\n\n\n\n