How to Get Your Payday Now
Getting a payday now is a simple process, and we'll take you through each step of the borrowing experience on this page. Read on for information on how to sign up for, use, and repay a paycheck loan.
Signing up for a Payday Loan
The first step to get your payday early is signing up for a loan referral online. We will match you with a payday lender, and most of our lenders have online borrowing processes(varies by lender). You will go to the lender's site, find the form you need to fill out, and submit your information. A typical payday now loan form asks you for your name, address, phone number, and email as well as your employment information. Because the loan will be sent to your bank account directly, your lender may also ask you for your account information. Before you provide your information, make sure that the form is secure and encrypted to protect your privacy. Usually, a payday loan form doesn't take more than five minutes to complete (varies by lender).
Approval Status
Our lenders are typically very good about getting an approval decision to their customers ASAP. In fact, many of our payday now lenders offer instant approval decisions, which means that you will know if the lender has approved you for a cash advance as soon as you submit your loan form (varies by lender). If your lender approves you for a loan, you will also find out how large of a payday loan you qualified for at this time (varies by lender). Remember that you do not have to borrow the full amount for which you are approved. The amount of your payday loan is up to you as long as it falls under your approved limit.
The Next Step
At this point, what happens next with your payday loan will depend on your lender. Some lenders will contact the borrower by phone to verify the details of his/her loan form. Other lenders may require you to fax in certain documents, such as bank statements or pay stubs, before you can receive your payday now. If you signed up for a faxless or paperless payday loan, you may be able to skip this step (varies by lender). You will also have to agree to the terms of your payday loan by signing loan documents electronically.
Repaying Your Loan
Your payday now loan will be deposited into your bank account for you to use as you wish. When the term of your cash advance is up, your lender will usually take care of repayment automatically (varies by lender). In other words, the principal of the payday loan and any finance charges will be electronically debited from your account in most cases. With some lenders, you can request more repayment time if you are willing to pay extra fees.
