What is a payday loan?

A payday loan is a small unsecured loan, typically between $100 and $1500.00, which is prepared specifically to meet your financial requirements until your next payday. To put it simply, you are making out a check for the advanced loan amount, plus a fee, to be held until your next payday.

Payday loans are also called cash advances, payday advances, short term loans, fast cash, cash loans, fast loans, bad credit loans, deferred deposit, and a number of other terms. Regardless of what you call them, payday loans can get you through your financial difficulties.

onlineloan24.com is here to assist you in finding a payday loan lender. We send your completed application form to our wide network of lenders and allow them to compete for your offer. By searching for a payday loan through onlineloan24.com, you are certain that your application has been reviewed by the top companies in the payday loan market.

How do I obtain a payday loan?

Just fill in the online application form and send it from our web site and you will be directed to a lender online within seconds.

After being matched with a lender, you may be a asked to electronically sign and agree to the conditions of the loan. Nevertheless, you are under no circumstances obliged to accept the loan. If terms of the loan do not meet your expectations, simply do not sign it, and apply again to look for a different lender whose offer suits your needs better.

Normally, the amount you borrowed will be electronically transferred into your checking account on the next business day. Usually, you can select the payment option that works best for you. All payments are made by means of an electronic transfer from your bank account.

How fast can I get the money?

Payday lenders usually approve the loan application immediately, therefore it should be available in your account on the next business day after your application was sent. Certain lenders are able to transfer the money to your bank account instantly. In case of applications sent on a weekend or holiday, the funds will be deposited in your account on the next business day.

What is required to get a loan?

In order to get a loan you have to meet the minimum requirements:

To get your loan approved, you must meet the requirements of a given lender that you are connected with. The lender will then process your application and evaluate if you are eligible depending on its own approval factors. Criteria such as direct deposit of your pay, income, state of residence and past payday loan history might have impact on the approval of your loan.

Your selected lender may want to contact you directly in order to ask for additional data before he can approve your application. Payday lenders make use of proprietary criteria to process applicants and as soon as your application matches their criteria you will be approved.

If you want to improve your odds of getting matched with a lender and in the end approved for a loan, make sure to complete our application form with reliable and verifiable information. For instance, if you write down a mobile phone number instead of a home phone it makes it more problematic to verify your information and a lot of lenders will not accept applications that are impossible to verify.

We oblige ourselves to do what we can to find a lender for you, but sadly we cannot guarantee that your loan application will be approved.

What are your service availability hours?

Applications are accepted 24 hours a day, during the whole year.

However, after your application is sent to a lender, in some cases its procedures call for additional verification which can only be performed during normal business hours. Please remember that the lenders are only able to electronically transfer money to your checking account when your bank is open.

You are free to send your loan application to us at any time 24 hours a day seven days a week. However, because we only match you with particular lenders who are able to assist you in real time you might be more likely to find a reliable lender during normal business hours (Monday to Friday between 8 am and 5 pm EST) as not every lender works at weekends and holidays.

How long is it before I have to pay back the loan?

Typically, your loan should be paid back on your next pay date. However, the majority of lenders will enable you to extend the period of your loan by paying a fee.

After you are connected with a lender, you will be directed to your lenders loan documents. Here you will find detailed information concerning what happens when your payday loan is due. Usually, you have several possibilities:

If you have any questions please contact your lender directly.

How much money can I borrow?

onlineloan24.com will assist you in obtaining as much as $1,500.00 depending on the information that you submit to us on the loan application form. You may be offered a smaller amount until you establish a payment history with a particular lender.

What are the fees for the payday loan?

onlineloan24.com cooperates with a wide range of lenders whose payday loan fees are among the lowest in the payday loan market. The fees may be different depending on which lender you are directed to.

How do I get my cash?

The payday loan is transferred directly into your checking account by your lender. onlineloan24.com works with a wide network of payday lenders. Some of them are able to send money to your bank account in only one hour!

What if I do not get approved by the lender you directed me to?

Although we feature the widest network of professional payday lenders online, we are not able to provide guarantees that you will get the loan you need. We are obliged to do what we can to direct your application to a lender who will most probably provide you with a desired loan. Nevertheless, online payday lenders use different proprietary criteria that serve to estimate applications and might not approve all applicants.

onlineloan24.com does not take part in the loan approval process and as a result we do not posses any information about the status of your loan. In order to learn about the status of your loan please contact your lender directly.

If you do not get approved for a loan with the lender you were directed to, you are able to apply again by going to the Returning Customers link on this website. We will do our best to direct you to a different lender and provide you with the loan you need.

What can I do if I am not matched with a lender?

If you are not matched with a lender, you can increase your chances by means of the following solutions and then re-apply:

Time of Day: A great deal of lenders refuse to accept applications that are submitted outside of normal business hours. You might want to re-apply by means of our returning customers link during normal business hours, that is Monday through Friday 8 AM to 5 PM EST.

Direct Deposit: A lot of lenders prefer customers whose paycheck is directly transferred into their checking account by their employers. If you do not own direct deposit, please contact your employer and ask to include you in their direct deposit program and then come back and re-apply.

Outstanding Payday Loans: The majority of lenders will not approve you for a payday loan if you have too many current loans outstanding. After you have dealt with your other loans, come back and re-apply.

Will I need to fax any documents?

No, the entire application process does not require you to fax any documents. Nevertheless, your lender may require you to fax over some information, for example a paystub, if they cannot verify the information you provided in your application.

Is this site secure?

“Secure Application” option guarantees that your application is submitted securely.

Is my loan affected by bank holidays?

The following bank holidays affect operation of Federal Banks and their branches:

In case of holidays that fall on Saturday, Federal Reserve Banks and branches are operating on the preceding Friday. For holidays that take place on Sunday, Federal Reserve Banks and branches are closed on the next Monday.

If your loan is approved during a weekend or bank holiday, your cash will be transferred on the next business day. You are advised to contact the lender directly in order to find out exactly when the money will be sent as well as the ACH department of your bank to check if the funds have been deposited to your account.

What if I have a fixed income or benefits?

If only you posses a regular source of income, our lenders are able to provide a loan to you. Write your benefit provider as your Employer. If you do not know the telephone number of your benefit provider, just put your own phone number. Additionally, provide the amount of time you have been receiving benefits in the Months Employed field.

What if I do not own a state ID or a driver’s license?

If you do not own a state ID or a driver’s license, please provide your social security or your passport number.

What if I only own a savings account?

It is possible to be connected to a lender who accepts clients with only a savings account. As a matter of fact, we have a great deal of such lenders in our network. To get the routing number please contact your bank. This is required in order to electronically deposit the money to your bank account.