FAQ

Questions List:


What is actually a payday loan? menu ↑

A payday loan is a quick, short-term and small same day loan that is made to help you combating your financial troubles. A same day loan is created to assist you in getting fast cash to get over the financial difficulties that pop up so suddenly. As a rule, a payday loan is given back on your next payday.

Are there any borrowing limits? menu ↑

Yes, there are. You can borrow any amount between 100 and 1000 dollars according to how much you earn a month, as well as on the basis of other standards set by lenders in your state.

Are there are requirements to qualify for a payday loan? menu ↑

Yes, there are. And they are as follows:

  • You must be overage;
  • You must have U.S. residency;
  • You must be officially employed (or possess any other revenue source);
  • Your monthly income must be no less than 1000 dollars;
  • You must own a checking or savings account with direct deposit;
  • You must have a working e-mail and phone.

What do I need to do to receive a payday loan? menu ↑

Getting online payday loan is not a big deal. There is one little thing you have to do by yourself, the rest will be carried out by our team of professionals. You need to fill out the online form and submit it. After that, we will try to find you a most suitable lender in no time at all. Then, and if your data comply with a lender’s requirements, you will have to confirm the terms of the loan and sign the application online. If there is something you don’t like about the terms of the loan, just decline the offer and try redoing the same procedure until you’re matched with the suitable lender.

What if I have bad credit history? menu ↑

You can get an offer even if you have a bad credit history. It have almost no influence on the results of the approval. The ultimate decision is made according to your employment status and the amount you earn monthly.

Do I have to have my salary paid directly into my bank account? menu ↑

Yes. All the money you earn a month has to be put straight into one of your savings or checking accounts by the company you work in.

What should I do if my loan application does not comply with the requirements of the lender? menu ↑

ReadyPaydayLoan.com maintains business ties with a great majority of varied payday loan lenders. Although, we cannot ensure 100% possibility of getting your payday loan. We always try to be at our best to get your loan request forward to the suitable lender. And still, there are some lenders that apply their own criteria for selecting the applicants, and not everyone can pass them. We does not have any connection with, or any information about, payday lenders and cannot influence the final decision. Please get in touch with your lender to check the approval status or find out any other details about your loan.

What should I do if my request is not matched with a lender? menu ↑

If your loan request does not match with a lender, you should follow one of the advices to raise your chance of getting a payday loan upon one more request:

  • The time when you apply matters: The majority of lenders work only during their business hours. Try to re-fill our form later, any moment Monday through Friday 8 AM to 5 PM EST.
  • You must use direct deposit account: You will have more chances to be given a payday loan if your salary is directly put into you bank account by the company you work in. You can talk about it with your employer and ask them about transferring you onto the direct deposit program if you do not use it yet. After you’re enrolled in direct deposit program, you can try to re-apply.
  • Check your outstanding loans history: Some lenders may not grant you with a payday loan if you have long outstanding loans history. Try to re-apply when all, or at least the majority of those loans, are satisfied.

What if I do not possess any checking account? menu ↑

That shouldn’t be a problem. There are some lenders in our lenders base that are to give you a payday loan even if you possess no checking account. The money will be put directly into your savings account. Please get in touch with your bank to get to know your routing number. That procedure is necessary for depositing the money into your savings account.

What if I receive benefits or have a source of permanent income that is other than employment? menu ↑

The type of your income source by no means will influence the results of the approval. If you receive benefits or have any other source of permanent income other than your job, enter your benefit provider in the Employer box. If you do not know the telephone number of your benefit provider, you must enter your own telephone number (cell phone or landline). Specify the amount of months you are on benefits in the Months Employed box.

What should I do if I do not have a driver’s license or state ID? menu ↑

Instead of specifying your driver’s license or state ID number, please indicate your passport number or your social security number.

How do I know when my request is approved? menu ↑

One of our managers will forward your request data to a suitable lender. In case you are not approved, you will receive an automatic e-mail or a phone call informing you about it.

Does your company work nationwide? menu ↑

Yes, ReadyPaydayLoan.com works all over the U.S. and provides same day loans in the majority of states.

What are the hours I can get my payday loan? menu ↑

ReadyPaydayLoan.com web-site works 24/7, 365 days a year. Although, as soon as your request is sent to the appropriate lender, it can take some time until it’s checked. The verification process can be carried out only during working days of your money lender. Please note that the money can be put into your bank account during the days your bank is open, or during the working hours of your lender company (as a rule it is Mon-Fri 8 am – 5 pm EST).

Do you charge any lender-matching fee? menu ↑

No, we do not charge any fee for your request. You will only have to pay the finance charge on the due date of your loan.

Do I need to fax any documents? menu ↑

Usually creditors, such as your bank statements or paycheck stubs, need information to identify you. Therefore, it is likely that the lender will ask you to send the information by fax, if you take a loan from this lender for the first time. Today all lenders work like this and if any website says the opposite, then it is cheating. You will still have to send your information by fax or somehow else! If you do not have a fax nearby, you can easily find it in the nearest UPS store.

How do I get my money? menu ↑

Your same day loan is to be directly put into your bank account in X minutes after your application was approved.

How long do I have to wait until I receive my money? menu ↑

All loan requests submitted through the web-site of our company are checked in real time. As a rule, you receive your loan funds not later than a few hours after your application was approved by a lender.

How do bank holidays can influence my loan? menu ↑

There are a number of bank holidays that are considered national by Federal Banks and their affiliates:

  • New Years Day
  • Martin Luther King, Jr. Day
  • Presidents Day
  • Memorial Day
  • Independence Day
  • Labor Day
  • Columbus Day
  • Veterans Day
  • Thanksgiving Day
  • Christmas Day

All holidays that happen to be on Saturday, Federal Reserve Banks and branches are open the day before, on Friday. All holidays that happen to be on Sunday, Federal Reserve Banks and branches are closed the next day, on Monday. As a rule, if your loan is given to you during a weekend or bank holiday, the money are put into your account the next working day.

How much do you charge for your services? menu ↑

ReadyPaydayLoan.com has one of the most flexible and pliant pricing policies in payday loans industry in the U.S. Interest vary from state to state and depends on amount you request and some other factors. It can be from 5% to 30%.

When will the loan be due? menu ↑

Your same day payday loan must be paid off on your next payday. As a rule, you must repay your loan not later than 14 days after you have received one.

How do I repay my payday loan? menu ↑

You don’t have to spend your precious time standing in lines or making any payments. The amount borrowed will be withdrawn from your bank account by itself on the due date.

Can I settle my payday loan before due date comes? menu ↑

ReadyPaydayLoan.com does not charge any additional fees for the prior repayment of your loan. We do not have any hidden fees, and thus to reduce your costs you can pay off your payday loan before the due date. To do that, please get in touch with us over our contact form.

What if do not have a possibility to pay off the payday loan before/on the due date? menu ↑

One way or another, you always have a choice to pay a late charge and then lengthen your payment period for up to 31 days from the moment you obtained your same day loan.

I am willing to get a payday loan / cash advance! Where do I go to apply? menu ↑

Go to this page of our web-site to complete an easy online form and request money you need so much today!