Get Your Quote Now!
With minimal information, you can get a quote now for the money that you need. Even with bad credit, you may be able to receive a loan offer that fits you perfectly. Why not find out? Quotes are free.
Why A Network Over Direct Lenders?
There are a number of advantages to choosing a network over a direct lender. I briefly hit on it above but if you need more convincing, here you go.
Networks Get You Approved Easier Than A Direct Lender
Every lender out there has there own requirements to approve you for a loan. This means that while Lender A might not approve you, Lender B would be more than happy to provide you with a loan. So, if you are applying with direct lenders you would need to apply to multiple lenders which takes time and can be quite annoying. You might even give up before you get an approval, thinking that nobody can help you. With a network it is easier because you fill out one quote form and it securely bounces from lender to lender until one is found that would like to work with you. That is much easier and much less frustrating.It also makes it easy to get a loan with bad credit.
Networks Are Faster Than Direct Lenders
Imagine the time that it would take to apply to dozens of lenders individually. It could take you hours and chances are that you don’t have that much time to waste. With a network, you fill out one simple quote form and your information will be sent from lender to lender until one is found that wants to make you a loan offer. You can then review the offer and decide if it is right for you. You will be given all of the loan details so that you can make an informed decision just as if you had gone directly to that lender.
Networks Are Easier Than A Direct Lender
Going with direct lenders could mean filling out multiple applications if you do not get approved right away. This takes a lot of effort and can be difficult if you are a busy person. With networks such as ours you only need to fill out one application. If the first lender does not wish to make you an offer, it goes to another lender and then another and so on and so on. Your single secure application moves from lender to lender until one is found that wishes to work with you.
Networks May Be Better For Bad Credit Borrowers
If you have bad or less than perfect credit, you may be better off using a network over a direct lender. This is because it will be generally easier and quicker to get an approval. If you do not meet one lenders requirements, your information goes to another until one is found where you can qualify. If you go the direct route, it could take you hours to find one that you qualify with.
Why Online Payday Loans?
A payday loan can serve a number of different purposes and you may have many different reasons for considering them. Here are some of the reasons to choose an online payday loan.
Online Payday Loans Fund Quickly
You get your money as soon as the next business day with a payday loan. There are few loan options out there that fund this quickly. If you need money in a hurry, it can get you just that.
Payday Loans Are Easy To Qualify For
Even if you have bad credit, you can get approved for a payday loan or cash advance. These loans are designed for those who can not access conventional financing. Many lenders do not even use the standard 3 credit bureaus that banks use. If you have a source of income and a checking account, your odds of getting approved are good.
Online Applications Are Short
It takes just a few minutes to get a quote. The information needed is minimal so you won’t spend all day inputing your data. In addition, you can do it online and there is little if any data verification needed.
More About Direct Payday Lenders
To be thorough, here is some more information on direct lenders. After all, it pays to be an informed consumer.
Is Loan Monkey A Direct Lender?
No, we are not a direct lender. What we do is provide you access to a network of online lenders. You just fill out one simple quote form and your information will be securely sent to a lender or lenders in this network. You can get a quote for any sized loan whether you need just a $200 loan or you need a loan of $50,000. That is the beauty of a loan network More lenders offering more lending products.
How Much Money Can I Borrow?
This will depend on the state that you live in. Loan limits vary greatly from state to state and in some states, payday loans are not allowed at all. Lenders in our network follow all applicable laws so you will know just what you can and can not get after you fill out the quote form.
Is It Better To Work With A Direct Lender?
Not necessarily. It is really all the same. If approved for a loan through our network, you will be dealing directly with them. The advantage to the network though is that your odds of approval are higher because if one lender does not approve you, your info automatically goes to another.
Is A Payday Loan An Installment Loan?
No, a payday loan is due to be repaid in one lump sum, usually on your next payday. If you will not be able to do so, you should not take out one of these loans. Not to worry though, we can help with a 3 month payday loan.
Do Direct Lenders Fund Quicker?
In most cases no, after all when going through a network such as ours, you will eventually be working with a lender directly. It is the same thing. The only difference is that if the first lender does not approve you, with our network, your information will securely go to the next lender on the list. You can’t get that going with a single direct lender.