Frequently Asked Questions

What are payday loans?

These are short term loans that can help people who are in liquidity crisis situations. These could pertain to expenses like car repairs, medical bills, and the requirement to meet household expenses and so forth. These loans are fast and easy ways to get money within a short time frame as compared to traditional loans from banks that are time consuming. With a payday loan approved, you obtain a direct deposit which you can pay back when the next payday arrives.

For what expenses can I use the money?

Payday loans provide one with liquidity for whatever expenses are urgent. This could be fixing any damages to your car or when you need to cover household expenses at a time when your liquidity sources have expired. Even if you wish to splurge a little beyond what your current cash reserves are, such loans can help.


Lenders present in our network can provide you loan without seeking information or setting limits on what you use your money for. These kinds of credit solutions provide people the flexibility to meet any emergency cash requirement or when unexpected financial needs arise. The money that is loaned to, you can be used as you wish.

Are there limits on how much I can borrow?

There are certain factors that determine the amount you are qualified to borrow. One of the major factors is the salary you earn, especially the amount that comes to your account beery month. Since payday loans are usually limited to a monthly pay cycle, the loan amounts usually vary from $100 to $1000.


This will depend on the amount of loan you qualify for. As per the qualifying amount, you could ask for the whole amount or only as much as you want. Besides knowing the amount you qualify for, you need to check the terms that a lender provides as well as limits and caps on the same which vary as per state laws.

What kind of fees are involved?

These are fees that vary from one lender to another. When you wish to take a loan from a certain lender you need to get in touch with them to know the kind of fees they charge for providing loans.

What is the process of repayment of payback loans?

When the due date arrives for you to repay the loan you take, the lender will have access to your bank account which would be as per the loan agreement. Hence, the amount is deducted from your account accordingly. Loans that are given out by lenders of payday loans are usually due in a payday cycle. If you have accessed loan in two weeks, then you would be due to repay the same after the next two weeks have completed and your payday has arrived.


Lending periods usually varies from one lender to another and hence, details about the repayment date, usually come on with the loan agreement you sign up with.

How time-consuming is the application process?

This is the easy part as we have a simple loan request form. There are few fields of required information that need to be filled in before one submits the same by clicking on the button. Within two minutes the application can be completed and processing begins soon after.


With the faster processing method that we follow, we get you in touch with lenders within minutes. The next steps comprise of providing further information to a lender you wish to take a loan from.