short term loans online myths

Getting an Online Short Term Loan Is Easy!



At, we specialize in providing short term personal loans online to our customers. With our payday loans, you can get the emergency cash you need to cover your unexpected expenses – and get your finances back on track.

But there are a lot of inaccuracies and misconceptions about short term loans online. So, in this article, we’ll break down 5 of these myths, and explain why they’re wrong. Let’s get started now. 

  1. You Need Good Credit to Get Short Term Loans Online

If you’re applying for a personal loan, this may be true. These loans are issued by traditional lenders and rely on your credit to determine how much you can borrow, and what interest rate you’ll get.

But with short term loans online from, you won’t need a good credit score – or any credit score! Our payday loans are available to all qualifying customers, regardless of their credit score. 

  1. You’ll Have to Put up Collateral

Short term loans online from are not like a mortgage or car loan. They are not “secured” by your property. That means there is no risk of losing your property if you can’t pay or are late on a payment.

Since payday loans are unsecured, they usually have a slightly higher interest rate than other types of secured loans like title loans. However, they’re a fantastic option if you do not want to put up any collateral!

  1. All Lenders Are Created Equal

This could not be further from the truth. When it comes to getting short term loans online, there are a lot of differences between lenders. You’ll want to do your own research, and make sure you find a reliable, trustworthy provider of short-term payday loans, such as

 We’re certified by the Online Lenders Alliance (OLA) and have worked with thousands of satisfied customers and provided them with short term loans online at reasonable rates.

  1. Getting Short Term Loans Online Is Inconvenient 

This depends on the lender you choose – but for the most part, it’s completely false. Applying for a short-term loan online is so much more convenient than visiting a credit union, bank, or a brick-and-mortar payday lender.

In fact, at, you can apply for short term loans online in just a few minutes using our simple, step-by-step application process – and if you’re approved, you may even be able to get your cash on the same day that you apply.

  1. Short Term Loans Are Too Expensive and Not Worth It

This depends on the short-term loans you choose. Some are more expensive than others. At, we offer industry-leading rates for our short-term payday loans.

While our loans may be more expensive than a traditional bank loan, they are also easier to get, and allow you to get emergency cash fast. This means you can cover unexpected costs like a broken-down car that may prevent you from getting to work – preventing further financial difficulties.

Know Fact from Fiction When It Comes to Short Term Loans Online! 

At, we make it easy for you to get the short-term cash you need with our online payday loans. So, don’t wait. Get started now by applying online and get the cash you need to keep your finances on track.