payday loans bad credit

Traditional lending institutions consider a variety of factors to determine whether an applicant qualifies for a personal loan. Whereas applicants with good credit have higher loan approval rates, people with lower credit scores are often turned down for a loan or must put up collateral such as a car, house or savings account to receive a loan. Simply missing a few credit card payments or being unable to pay a utility bill once or twice can result in poor credit. Young people with no credit history are also likely to experience difficulty being approved for a traditional loan. For people with bad credit or no credit, a payday loan or cash advance from Mypaydayloan.com is a convenient way to receive a short-term loan without having to be subjected to a credit check and with no collateral required.

If I have bad or no credit, where can I apply for a loan?

For more than a decade, Mypaydayloan.com has helped people with less than perfect credit gets the money they need for emergencies or to help make ends meet between pay periods. We have had the pleasure of providing short term loans to thousands of customers who would have been unlikely to receive financial assistance from traditional banks due to their low credit scores. Even if you have bad credit or even no credit at all, you can receive instant approval for a payday advance from Mypaydayloan.com. New customers may be eligible for a free payday loan. These free loans are offered to first time customers on a promotional basis and are not always available.

Please check our website for current deals and special promotions, and to see if we offer short-term loans in your state. 

How do I apply for a fast loan for people with bad credit or no credit?

Mypaydayloan.com offers a quick and easy, no fax application. The application is paperless and typically takes just a few minutes to complete. Once the application process is completed, customers can be approved for a loan on the same day and the loan funds will be deposited the next business day or the same day if requested. Therefore, if a loan application is submitted online by 11:40 a.m. EST on a weekday, it can receive same day approval and the money will be deposited by 5:00 p.m. your time.

How much cash can I get from a fast payday loan?

New customers can receive a payday loan of up to $700. After new customers pay off their first payday loan, they are eligible to apply for another cash advance with Mypaydayloan.com. The amount of money that can be requested increases by $100 each time a customer applies for a new payday loan. For example, after a new customer pays off an initial loan of $700, he or she may apply for a $800 loan, and after that loan is paid off, the customer may apply for an $900 loan.

The maximum loan amount is $1,000. Customers may also request a smaller amount based upon their individual needs. A short-term loan from Mypaydayloan.com can provide much needed financial relief to borrowers with all types of credit. Find out more about the basic requirements applicants must meet to qualify for a fast payday advance and apply today.

Next Day & Same Day Funding cut-off times:

  1. If your payday loan application is received and approved prior to 11:40 a.m. EST Monday through Friday, you should receive the funds the same day by 5:00 p.m. your time (If same day funding requested)
  2. If your payday loan application is received and approved after to 11:40 a.m. EST Monday through Friday, you should receive your funds by the next business day.
  3. If your payday loan application is received and approved Saturday or Sunday, you should receive your funds Monday or the next business day by 5:00 p.m. your time (If same day funding requested)
  4. If your payday loan application is received on a bank holiday, your application will be reviewed and approved the next business day.

Mypaydayloan.com – Hours of Operation for Customer Service

  • Monday – Friday from 9:00 a.m. to 12:00 a.m. EST
  • Weekends from 9:00 a.m. to 6:00 p.m. EST

 Contact us at: (888) 269-2303