While most Payday Loans use a 14 day time frame for repaying a loan, the 30 Day Payday Loan will adjust to your pay schedule if your paycheck comes monthly. Fees will vary according to how long the period is. In general, the longer the time period, the higher the fee will be.
The most common 30 day Payday Loan amounts are $200 to $1000. Larger loans are options to people who can qualify for them. Most qualification issues focus around how much you make and when you will be able to pay the loan back. If you do need more than the typical $1000, you might want to consider a personal loan.
While most Payday lenders will take up to 5 business days, the lenders we work with can have the money in your checking account the next day.
No, 30 Day Payday lenders usually do not run credit checks. The lenders we work with also do not run credit checks, so don't worry if you have bad credit.
The time frame is set in accordance with your pay schedule, whether it is every two weeks or monthly. For example if you get paid once a month, then you will automatically qualify for a 30 Day Payday Loan. But if you get paid on a bi-weekly schedule, you will not be able to automatically qualify for a 30 Day Payday Loan. Instead you will have to renew your Payday Loan at the end of the typical 14 day payback period.
Yes, anyone who needs some extra money, gets paid on a monthly schedule, makes over $1000, is a US citizen, has a checking account, and over the age of 18 is eligible for a 30 Day Payday Loan.
There are none. Whatever you need to use the money for, you can. So if you need some extra money to make it through the week, or just some extra dough to cover rent – it’s not a problem.
Every lender has a different take on multiple Payday Loans, but the general rule of thumb is “no.” Most Payday lenders prefer you to have only one loan out at a time. Something to keep in mind – if you notice yourself continually needing Payday Loans, it might be time to consider some alternatives, such as: credit counseling, debt consolidation loan, a credit card, or a personal loan. Many of these options are open to anyone, even if you have bad credit.
* Payday Today is not a payday lender or broker. We provide research and information about payday lenders and products, and are not necessarily affiliated with the companies featured on this site. Availability of products and services varies by state. Not all independent lenders will approve you for a loan or can provide you with up to $1,000 on your first loan.