What exactly is a payday loan?
A payday loan is a small, unsecured loan, usually for $100 to $1,500, which is designed to meet your financial needs until your next payday. Essentially, you are making out a check for the advanced loan amount, plus a fee, to be held until your next payday. Payday loans are also known as cash advance, short term loans, payday advances, cash loans, fast cash, fast loans, bad credit loans, deferred deposit, and number of other things. No matter what you call them, payday loans can get you through your financial crisis. Webpaydaylending is here to help you find a payday loan lender. We present your completed application to our vast network of lenders in order to find a lender that is most likely to approve your loan. By searching for a payday loan through Webpaydaylending, you can be sure that your application has been reviewed by the leaders in the payday loan industry.
How Much Can I Receive?
Your qualified loan amount is based upon the information you provide in your membership application. After successful repayment of your payday loan, your lender may increase your loan amount on future loans. The amount of your loan also depends on the state laws and regulations where you live.
What if I have bad credit, NSF's, charge-offs or a bankruptcy?
Not a problem! Many customers typically have sub prime credit when signing up for an online cash advance.
What are the requirements for a loan?
The minimum requirements for a payday loan are:
You must be at least 18 years of age
Have a job (or other regular source of income)
You must have an active open bank account
How do I receive my cash?
The payday loan / cash advance is wired directly into your bank account by your lender. Webpaydaylending works with a network of lenders, some of which can have money in your bank account in as soon as the next day!
What are the loan fees for the cash advance?
Webpaydaylending works with a network of lenders whose cash advance fees are among the lowest in the payday loan industry. The fees will vary depending on which lender you are matched with.
Is my application and financial information secure?
Absolutely. We respect our customer's privacy needs in managing their personal finances. Our site uses a variety of security measures to maintain the safety of your personal information. All sensitive information transmitted between your browser and our website uses 128 bit Secure Socket Layer (SSL) encryption technology.
How soon do I have to pay back the loan?
Payday cash advance loans are generally repaid back when you receive your next paycheck. The standard time for loan repayment is usually no less than seven days and no longer than eighteen days. Your lender should disclose this information when you agree to their terms.
WebPayDayLending is not a lender and does not provide short-term loans but refers consumers to lenders who may provide such loans. For this reason, we are unable to provide you with an exact APR (Annual Percentage Rate) that you will be charged if you are matched with a lender. The loan interest rates are determined exclusively by your lender, with specific amounts determined based upon the information you submitted to the lender. You will be given the APR, loan fees, and other terms by your lender when you are redirected to your loan agreement in the loan request process. For help understanding and using our services, consumers may Contact Us.
The APR on a short-term loan can range from 200% to 2,290% depending on how the APR is calculated (nominal vs. effective), the duration of the loan, loan fees incurred, late payment fees, non-payment fees, loan renewal actions, and other factors. Keep in mind that the APR range is not your finance charge and your finance charge will be disclosed later on, if applicable.
WebPayDayLending has no control or information of the loan details between you and your lender. If you are presented with a loan offer, you will have the option to review the terms of the loan, which you may approve or decline.
"The process was fast, easy, worry free and there were no bad credit resrictions" - Jan, San Antonio, TX
"My cash was in my checking account the next morning!" - Mike, Buffalo, NY
"My car broke down and I wasn't getting my paycheck for a week. I had my money the next day. Thanks!" - Sara, St Paul, MN