A calendar for payday loans near me..

Looking For A Payday Loan Near You

Looking for a payday loan near you? We may be able to help. Take a second and get a free online quote for the money that you need. There is no obligation and you can get the cash that you need fast. Get started now and you could have your answer in minutes.

Get A Loan Online Now

Ready to see what you can get? Take a few minutes and fill out the short quote form and get an offer from one of our lenders. Get a fast loan quote online now, even with bad credit.

Cash from a 3 month loan.

Better Than Payday Loans

You may be able to qualify for an installment loan, even if you have bad credit. In general, installment loans are far better than payday loans. Here are just a few reasons why.

Paid day loans infographic.

Quick Links:

Get A Payday Loan   – Credit ChecksLoan Questions  –  Compare Loans

Need More Time To Pay

Looking for a longer payday loan of 3 months or more? An installment loan can get that for you.

Regular payday loans, as the name implies, are simply meant to get you by until your next payday. In most cases, this is between 10 and 14 days. This makes them harder for the average person to pay back, especially in larger loan amounts. If you need more than a few hundred dollars, an installment loan is probably the best choice.

Payday loans are limited in the amount of cash that you can borrow. Due to their short terms and state regulations, most loans are well under $1000. If you need more than that, an installment loan is the right choice. You can qualify for more money and can have 3 or more months to pay the loan back.

In addition, these loans are not even available in all states. Many have banned them because of the high APR and because of the restrictive terms. Getting caught in a short term loan cycle is far too easy with a payday loan because they are due in full when you get paid again. For someone who is probably living paycheck to paycheck, this is a tall order.

About No Credit Check Loans

Can I get a no credit check paid day loan near me?

First off, they do not exist, no matter what you have heard. Every lender will do some sort of credit check but you should not be concerned.

Our network is made up of lenders that specialize in working with bad credit. Many do not even use the three major credit bureaus when doing a check. The next best thing to “no credit check” is limited credit check. That is what you should be looking for and that is often what you get with a bad credit loan.

More Loan Questions

Here are a few of the most common questions that we see when people research loans.

How do I get a quick loan with bad credit?

Even with bad credit, you may be able to qualify for an installment loan. The main things you need are.

  1. A source of income.
    This can be a job or just any money that you receive on a regular basis.
  2. A checking account.
    Lenders will use this to deposit the money and often for automatic repayments.
  3. Identification.
    Some sort of government identification so that you can prove your identity.

Have those things and you have a good chance of getting a loan offer from one of the network lenders.

What do I need to get a loan quote?

There are a few requirements and your lender might have their own specific requirements. In general, for a 3 month loan or longer loan you will need a source of income, will need to be at least 18 years of age, will need a social security or ID number and a checking account where funds can  be deposited. These are the basic requirements, but, like i said, your particular lender might have different requirements. The fact that lenders in our network have different requirements actually make it easier for you to get an approval. This is because you do not have to fit one particular mold.

Can I get approved with no credit checks?

All lenders will do some sort of credit check. The good thing is that the check is more limited with bad credit loans and with a large loan network, it is easier to find a lender willing to work with you.

While we can not guarantee you will get approved for a loan, the lenders in this network are used to working with those with less than perfect credit. If you have been denied before, you may be able to get an approval.

Are loans unsecured?

Yes, like regular payday loans, these are unsecured loans. This means that if you were to somehow miss a payment, you do not have property that would be lost. It also means that you do not have to put up something of value that you could not do without like your car or electronics.

Keep in mind that a loan is a serious thing and creditors do have means to collect on a defaulted loan. If you default on a three month loan or any loan, you could be sued.

How will I pay back my loan?

The terms will be set by your lender but you will typically be able to make your payments electronically or perhaps by check. If you have an installment loan, for example, your lender might take out 3 monthly payments or might require you to make a payment every pay period until the loan is repaid. You will be informed about the payback terms of your loan before you sign for it. Be sure to read and understand all of the terms before you agree to a loan.

What happens if I repay my loan early?

Got a multi month loan and want to pay it off in two months? In most cases this will not be a problem but you should contact your specific lender to see if they allow early repayment and if you will still be responsible for full loan fees and interest. If you think you may be paying your loan off early, you should find this information out before accepting your loan.

How much does it cost to get a loan quote?

There is no charge to get your loan quote. You are also under no obligation until you accept and sign for your loan. Why not fill in your information and see what you can qualify for. If approved, you will then be sent the details of the loan approval so that you can make a good decision.

How much can I borrow?

The amount that you borrow will depend on your income level and the state in which you reside. To find out, why not get a quote for your loan now. It takes just a minute and there is no cost to you to get a secure quote. In any case, even if approved for more, take out only what you need and are sure that you can repay comfortably.

When will my loan payments be due?

In most cases, your payments will be due on your payday for the length of the loan, whether that be 3 months or longer. If approved, you will receive information on the payback terms before you sign your loan contract. Need different terms? You may be able to contact the lender directly and renegotiate them.

When will I receive my money?

Once approved and after you sign your loan contract, you will receive your money electronically and it will go straight into your bank account. This can occur as soon as the very next business day. Holidays may affect deposits.

Is Loan Monkey A Direct Lender?

No, and that is a good thing. A direct lender will consider your application and if they deny you, you have to start from scratch with the next lender. With our lender network, you fill out one application and it goes from lender to lender securely until one is found that wants to offer you a loan. Save time and get your approval faster with our loan network.

Can I be approved for a loan with bad credit?

Yes, lenders will take more things into consideration than just your credit. They will look at whether you can afford to repay the loan and other factors. Each lender in our network has their own requirements which makes it easier for you to get an approval, even when others have turned down your loan request.

What if i decide not to take the loan?

You are under no obligation to accept a loan if you are approved. You are only committed if you sign the loan contract. This means there is no real risk in just filling out a quote form and seeing what you qualify for. Ready to see for yourself, fill out the form above and get started.

Can I get a loan with no credit check?

No, every lender will do some sort of credit check with their loan. This is not to say that all lenders will use the main credit bureaus like Experian, Trans Union or Equifax. Some will use alternative sources of credit but everyone uses something.

Compare Loans

There really is no comparison between installment loans and payday loans.

Longer Term

Monthly installment loans can be paid in multiple payments. You can even stretch them out longer if you need to and if you qualify. This can make repaying the loan much easier.

More Money

Installment loans are not as heavily regulated. This means that you can potentially take out more money. If you need more money to handle an emergency, this is the way to go.

Less Interest

In general, installment loans will have lower interest rates. The exact rate that you get will depend on your credit. The reason that the rates are lower is because payday loans charge fees. When expressed as an APR, it is very high because of the short loan term.

Your interest rate can exceed 600% in many cases.

Keep in mind though that although the interest rates is usually lower on an installment loan, you will be paying the interest for a longer time. This in addition to any other fees, could increase your total loan cost beyond that of a payday loan.

Posted by
James Car

James Car is a finance, loan and budget expert based in the United States. After attending Brookhaven college, he went on to become a successful entrepreneur. He now enjoys writing articles that help people save and make the most of their money.