What is a Payday Loan or Cash Advance?
A payday advance provides you with an unsecured, short-term cash advance until your payday. Customers choose payday advances to cover small, unexpected expenses while avoiding costly bounced-check fees and late payment penalties. With Online Payday Today cash is deposited directly to your account. You can apply for a payday loan online and have your advance electronically deposited to your checking or savings account.
What can a Payday Loan be used for?
The money can be used for any purpose - to pay bills, buy something, have a great weekend, it's up to you! You won't be asked!
How much can I receive?
Your first loan is based upon the information you provide in your membership application. You can borrow an amount up to $1500. After successful repayment of your payday loan, we may raise your loan amount on any future loans.
How are fees established?
Our fees are competitive and in compliance with all applicable state and federal laws.
Depending on the lender the fee can range from $25 to $30 per $100 borrowed. So if you borrow $300 the fee will be between $75.00 to $90.00.
What about qualifying?
Qualifying for a payday advance is easier than qualifying for traditional credit. Online Payday Today does not perform credit checks. You only need to meet the following requirements:
* Currently have a job (or receive regular income)
* Make at least $1000 per month
* Are 18 years of age or older and a U.S. citizen
* Have checking account or savings account with direct deposit.
What's the procedure to apply for payday loans online?
The procedure is extremely simple, all you need to do is just fill up the application form at our website and submit it online. The approval takes place immediately after you submit the application on any of the business days.
What do I have to fill in application form?
You have to provide your name and address, employment information, bank account details, and picture identification in the payday loan application form.
Is my application and financial information secure?
We respect our customer's privacy needs in managing their personal finances. Our site uses a variety of security measures to maintain the safety of your personal information. All sensitive information transmitted between your browser and our website uses 128 bit Secure Socket Layer (SSL) encryption technology.
Is there an application fee?
Online Payday Today never charges applicants a fee to qualify for a payday loan.
Does the online form obligate me to taking out a loan?
No. When you fill out our online application, you are only stating that you wish to have our agents approve you and contact you to discuss your options. You may still ask us any questions, and withdraw your request at this time. If you are ready to proceed, you may confirm your information and officially agree to terms with one of our representatives.
What if I have bad credit?
Bad credit will not prevent you from receiving a payday loan at Online Payday Today. Our friendly managers will work with you, even if you have already been turned down by other lenders.
I'm a tenant - is this a problem?
No problem - it makes no difference to the lenders whether you are a tenant or a homeowner.
Do I need to fax my details?
You don't need to have a fax machine to be able to apply for a loan. Lending company gets all necessary information instantly.
Can I have more than one payday loan at the same time?
No. All other payday loans have to be repaid before another can be granted.