FAQs

Online loans same day that do not require collateral and can range from $100-$1000. The loan is often required by someone who has an immediate cash requirement and intends to repay the loan in a short period of time. Online Cash Loans Same Day does not directly lend money. We offer a referral service, which connects an applicant with suitable lender. Not everyone qualifies for short-term loan.

This section offers answers to some of the common queries about online payday loans.

Who can apply for the loan?

To be eligible for the loan, one should be:

  • An adult
  • US citizen
  • Have an active saving or checking account
  • Constant income of at least $1000 per month

Being eligible does not guarantee approval of loan. Different lenders associated with us have own requirements and take approval decisions independently.

Are my personal details safe?

Online Cash Loans Same Day follows strict private policies and thus, ensures that your personal details are secure. We do not share your information with anyone.

How can I apply?

You can apply for a loan by filling a secure application form that is available on our website. This simple form just requires a minute or two to fill. Make sure your information is verifiable; this will speed up your application process.

If approved, how soon can an applicant get cash?

We take a few minutes for approval of the loan and once the loan is approved, the cash is transferred to your bank account within 24 hours. If you submit your application during normal banking hours, this will speed up the process.

I have a bad credit history. Does this affect my chances of approval?

Though lenders check the credit history; however, it does not affect the application. Having a poor credit history or a low credit score does not mean you will not get a loan, as the lenders also consider the repaying capacity of the applicant.

Representative APR 391%

Average APR for this type of loans is 391%. Let's say you want to borrow $100 for two week. Lender can charge you $15 for borrowing $100 for two weeks. You will need to return $115 to the lender at the end of 2 weeks. The cost of the $100 loan is a $15 finance charge and an annual percentage rate of 391 percent. If you decide to roll over the loan for another two weeks, lender can charge you another $15. If you roll-over the loan three times, the finance charge would climb to $60 to borrow the $100.