Loans Offers

A Payday Loan can be a great way to help you through a tough financial time. Also known as Cash Advances, a Payday Loan is a short term Personal Loan that is designed to assist with an immediate cash flow problem. Payday Loans are generally paid back at your next pay date.

Advantages of a Payday Loan:

• Receive funds in minutes
• Less stringent credit history requirements
• Convenient
• Easy online application process

Unlike a Personal Loan, a Payday Loan has a fast application process. Funds can be available to you the same day that you applied. This is dependent on how late in the day you apply and also which bank you are with.

There are a number of criteria you need to meet to qualify for a Payday Loan, which vary between lenders. Generally the basic criteria will be:

• Must be employed
• Must have been with same employer for a given period
• Must earn a minimum amount

Most Payday Loan lenders will also conduct a credit check to determine their risk and your ability to repay the loan. Generally the assessment is not as strict as for a Personal Loan application, due to being a smaller loan.