How It Works
Learn more about online only payday loans. We'll explain what they are, what you need to qualify, and how our sign-up process works.
Online Only Payday Loans Explained
Online only payday loans are a more convenient and accessible version of traditional payday loans. Payday loans are also sometimes referred to as cash advances, paycheck loans, or payday advances. These terms all refer to short-term, relatively small loans that help you make ends meet between paydays. Online only payday loans allow you to access the funds you need entirely online. You will not have to fill out any actual paperwork, and you will never have to leave the comfort of your home computer! Most lenders of online only payday loans offer short, free applications that can be completed entirely online. If you select the no-fax option, you will not even need to fax in any corroborating documentation. If you are approved for online only payday loans, the funds you need will be automatically deposited into your bank account, usually by the next business day (varies by lender).
Qualifying for Online Only Payday Loans
The criteria you will need to fulfill to qualify for online only payday loans will vary by lender. In general, though, most of our lenders require the following:
- At least 18 years old
- Have active checking/savings account
- Bank account has direct deposit feature
- Employed or have alternate source of regular income
- Make at least $1,000 per month
- U.S. citizenship
Signing up for Online Only Payday Loans
You can sign up for online only payday loans in a matter of minutes on our site. Here is how the sign-up process works:
- Fill out our online form. Your first step is to provide us with your contact information on our brief, online form. The form is free to fill out and comes with no obligations.
- We match you with the right lender for you. After you submit your form, we will match you with a lender that can offer online only payday loans. You can ask the lender any questions you may have about the process at this point.
- Apply for online only payday loans. If you choose to do so, you can then apply for online only payday loans for free on the lender's website.