Online payday loans are the solution to almost any type of financial lock-up. Whether you need money to redecorate the spare bedroom, buy an expensive birthday present, or pay for an expensive car repair, online payday loans can provide you with the cash you need. Many Americans have experienced the financial flexibility offered by online payday loans, and if you’re looking for financial relief, you can too.
Loan search services such as Viva Payday Loans give borrowers quick access to lenders offering the best payday loans online. With so many online payday loan providers, it can be difficult to choose the right one. This article features the top five direct online payday loan seekers on the market, putting you in direct contact with lenders.
Best online payday loans 2022 â a quick overview
What are the best online payday loans? See our top 5 below:
- Viva Payday Loans â Best payday loans for fast payments
- Heart Paydays â Best for No Disclaimer Payday Loans, Direct Lenders Only
- Credit Clock â Best Online Payday Loans With Fast Approval Process
- Money Lender Squad – Best for $255 payday loans online same day
- Very Merry Loans – Best online payday loans with same day deposit
Best General Eligibility Criteria for Online Payday Loans
Borrowers must meet the following criteria to obtain payday loans online.
- Must be 18 years or older
- Must hold US residency
- Must earn a minimum of $1,000 per month
- Must pass accessibility checks
- Must have a US bank account
If you have bad credit, you can still apply for the best payday loans online through Viva Payday Loans if you meet the criteria above. While none of the loan finder sites do credit checks on your name directly, lenders offering financing might.
Five Best Online Payday Loans: Same Day Deposit for Bad Credit
1. Viva Payday Loans â Best Payday Loans for Fast Payments
Viva Payday Loans is known for its fast turnaround time, providing access to lenders who offer the best payday loans online in the shortest possible time. To be a successful applicant, you must meet the above loan criteria and pass affordability checks. Once the loan is approved, the funds are disbursed to the borrower within an hour. Interest rates range from 5.99% to 35.99%, depending on the lender.
- Repayment terms from 2 to 24 months
- Loan values ââup to $5,000
- Fast payments within 60 minutes of loan approval
- High interest rates up to 35.99%
Click here to request funds from Viva Payday Loans >
2. Heart Paydays – Best for No Disclaimer Payday Loans Only for Direct Lenders
Borrowers with bad FICO scores or no credit history can apply for the best online payday loans for bad credit through the Heart Paydays portal and still stand a chance of getting the money they need if they are currently in an excellent financial situation. When using this loan finder service, borrowers are tempted to be matched with direct no-disclaimer lenders only who are most likely to view their financial situation favorably. Loan amounts range from $100 to $5,000 with APRs of 5.99% to 35.99% and 2 to 24 months to pay off.
- Simple eligibility requirements
- Almost instantaneous request feedback in 2 minutes
- Flexible repayment terms
3. Credit Clock â Best Online Payday Loans for Fast Approval Process
When the best online payday loans are needed in a hurry, time seems to fly without giving you a second to catch your breath. This is where Credit Clock comes to the rescue with lenders that offer fast approval processes and even faster payments.
Credit Clock connects borrowers and lenders with the click of a button. Lenders through Credit Clock offer borrowers affordable loan amounts from $100 to $5,000 for 2 to 24 months. Interest rates range from 5.99% to 35.99%, which may seem high but may be worth the convenience, fast loan approvals and quick repayments. Check if you meet the loan criteria above and apply today!
- Fast payments
- The easy online application process
- Affordable Loans
- Interest rate up to 35.99%
4. Money Lender Squad â Best for $255 Same Day Online Payday Loans
Money Lender Squad gives borrowers direct access to lenders without the usual hassle of traditional financial institutions. Their loan finder service helps borrowers apply for the best direct online payday loans online with a single application.
The process is simple and requires borrowers to enter their details, choose their loan amount and repayment period, and the best payday loans online appear in minutes. Online payday loans through lenders on the Money Lender Squad portal range from $100 to $5,000 with APRs of 5.99% to 35.99% and 2 to 24 months to pay off!
- The fast online application process
- Offers $255 payday loans online and same day deposit
- Loan amounts up to $5,000
- Not all requests are guaranteed to be approved
5. Very Merry Loans â Best Online Payday Loans with Same Day Deposit
If you don’t need a large loan, the best online payday loans are available through the Very Merry Loans portal lenders. Loan amounts are kept small to keep them affordable, and APRs typically range from 5.99% to 35.99%. Additionally, lenders on the Very Merry Loans platform are known to pay on the same day as loan approval, giving borrowers access to seemingly instant cash. If you meet the general loan criteria mentioned above, you can easily apply for some of the best payday loans online through lenders on the Very Merry Loans platform.
- Same day payments
- Flexible loan terms
- Quick online application in 2 minutes
- Loan amounts capped at $2,000
Best Online Payday Loans Same Day Features and Considerations
Most online payday loans through US-based lenders are subject to credit checking by law. No credit check, instant approval. However, if you have a bad FICO score but your financial situation has improved, you can still apply online for the best payday loans.
Affordability is key when applying for the best payday loans online. When processing your application, lenders will do an affordability check, such as comparing your bank account to expenses and pay stubs.
Your loan agreement will specify the penalties and fees associated with your loans. Therefore, it is best to familiarize yourself with the terms of the loan agreement to avoid paying early or late repayment fees.
Online payday loans are an excellent form of financing for those who need funds quickly. They give you the flexibility you need between now and your next payday if you find yourself in a difficult financial situation.
What are the best and easiest payday loans to get same day?
Online payday loans are fast, simple and convenient. First, borrowers complete a simple online application that connects them to a panel of lenders. From there, lenders assess the borrower’s affordability and, if they can afford the loan, funds are usually disbursed the same day.
What is the highest payday loan to get?
Online payday lenders offer loans between $100 and $5,000. Depending on the lender, APRs can range from 5.99% to 35.99% with the providers mentioned above. However, most lenders offer flexible repayment terms of 2-12 months or 2-24 months.
What are the best online payday loans?
Borrowers asking about the best payday loans online can use a range of loan search platforms such as Viva Payday Loans to find the best loan for them. Loan finder services simultaneously connect the borrower to a wide range of lenders. This means they are more likely to get a loan because multiple lenders have assessed their applications.
Disclaimer – The above content is not editorial, and Economic Times hereby disclaims all warranties, express or implied, in connection therewith, and does not necessarily warrant, guarantee or endorse any content. The loan websites reviewed are loan matching services, not direct lenders. Therefore, they are not directly involved in the acceptance of your loan application. Applying for a loan with the websites does not guarantee acceptance of a loan. This article does not provide financial advice. Please seek the assistance of a financial advisor if you need financial assistance. Loans available only to US residents.