personal loans online

personal loans

If you’re in need of some emergency cash and you need quick personal loans online, a payday loan from Mypaydayloan.com may be right for you. Mypaydayloan.com has been a trusted provider of smaller personal loans online for more than a decade, and you can trust us to get you your money fast.

Interested? Want to learn more about why you should get small personal loans online with a payday loan, rather than a traditional signature loan? Learn more about Mypaydayloan.com and our loan products below.

You Don’t Need a Traditional Credit Check for a Payday Loan

If you don’t have good credit, you may find that it’s hard to get a traditional personal loan online. Many online lenders require a credit check and good credit to give you the loan you need.

But this is not the case at Mypaydayloan.com. We do not require a traditional credit check, so you can be approved even if you have bad credit. The only exception is if you have declared bankruptcy within the last 12 months or have declared bankruptcy multiple times. 

So even if you have bad credit, we can get you the money you need for emergencies – fast, with no traditional credit check at all!

Our Requirements – Get Automatic Approval!

We have an automatic qualification system, and in most cases, we can approve your loan application as long as you meet our requirements. To get approved, you just need to meet the following requirements:

  • Proof of employment, income – We’ll need to confirm that you are employed and currently making some kind of income.
  • An open, active checking account – All of our deposits are made through ACH transfer, so we will need to confirm that you have an active open checking account in good standing with your bank.
  • US citizenship, 18+ years of age – We cannot lend to non-US citizens or minors. You’ll need to give us information like your driver’s license or state ID number, or Social Security Number so that we can confirm that you are of legal age to borrow a loan.

If you meet these three requirements, we can get you approved for a personal loan online in most cases, so start your application today.

We Provide Same-Day Cash Deposits

We know that you need your cash fast. That’s why, if you’re approved for a personal loan online and accept it before 11:40 am EST, we can deposit your cash on the same day you apply. Missed that cutoff for approval? Don’t worry. If you’re approved after 11:40 am EST, we’ll deposit your cash into your account on the next available business day. No need to wait for a check in the mail, deposit it, or deal with cash.

Get Started Now with Personal Loans Online – Apply Today!

If you are interested in personal loans online from Mypaydayloan.com, get started today and fill out an application. In just a few minutes, you can see if you qualify for a loan, and you can get the cash you need instantly.

Although payday loans are short-term cash advances intended to be paid off quickly, various Truth-in-Lending laws require financing disclosures to be expressed as an Annual Percentage Rate (APR), or the cost of the credit advanced to you expressed as an annual rate. This requirement provides uniformity among various credit sources, so you can compare rates and make the choice that is right for you.  While an online payday loan may not be the ideal way to finance the purchase of a home or vehicle, that is not what we are here for and that is not why Mypaydayloan.com was founded.  We are here to provide cash advances quickly to those who need them, and for those who traditional lenders all too often leave behind. 

The online payday loans provided by Mypaydayloan.com are meant for short periods of time.  You will notice that the APR for an online payday loan is higher than most traditional loans offered by banks and other financial institutions, but these cash advances are meant to help you get through a few days or weeks rather than several years.  Also, the requirements for receiving a cash advance from Mypaydayloan.com are much less obtrusive than traditional lending sources, and being approved for a payday loan is much easier than for a traditional loan.  Being that our online payday loans are easier to obtain, more customers can find the help they need when they needed, and much more quickly than most traditional lending institutions.

The following table provides examples of the cost to obtain a payday loan. The APRs are based on example loan terms of one payment (“Check Amount”) due in 14 days. The APR will increase if the actual loan term is shorter than these examples.  Remember APR stands for Annual Percentage Rate, meaning the rate of interest compounded over a year’s time. Please do not base your decision on receiving short-term financing on the APR alone, but take into account the other factors discussed throughout the Mypaydayloan.com website. These are short term loans that don’t require any collateral. Once you complete your online application, the funds can be available to you within 24 hours of being approved and everything can be done without having to involve your bank.  If you can’t get a loan from a traditional lending source, we hope you will consider our short-term solution to help you when you need it most.

APR DISCLOSURE 

NOTICE: This lender offers short-term loans. Please read and understand the terms of the loan agreement before signing. Pursuant to section 20 CSR 1140-11.030(2), the notice shall include the name, address, and telephone number of the Division of Finance.