Same day Payday Loans Can Be a Lifesaver
Same day loans should only be used in situations such as unexpected car repairs.
You do not want to use these loans for frivolous purchases such as a new television.
When you apply online for payday loans
with Purple Payday Loans, we will submit your application to our network of lenders and get you the cash you need fast. You’ll know in seconds if you’re approved and for how much.
If you would rather apply for your payday loan by phone, you can simply call us
at (800) 515-2429.
- Our 2-minute payday loan application is fast and easy to complete.
- Bad credit is not a problem. We specialize in bad credit loans!
- You’ll know instantly if you’ve been approved, for how much, and what the fees are.
Same business day loans carry a high-interest rate. The rate can be $10 to
$40, or more for each $100 borrowed. When searching for cash advance loans, apply
with several loan companies. You will receive several offers. Choose the offer that
provides the lowest interest rate and fees. You have to pay this money back, and
you want to make sure you can meet the repayment terms.
You will discover several types of loans. Some companies will offer 30, 60, or 90-day
loans. If you only need to borrow a small amount such as $100 or $200, you will
have to search for several companies. Some companies will have a minimum and maximum
limit. For example, many companies have a $500 or $750 minimum. If you only need
$200, you do not want to borrow $500.
Go The Direct Lender Route
Instead of the above and as you are on this site and are looking for solutions, lenders such as PurplePayday are connected to dozens of lenders who can search immediately for you, so by adding your information once to our site you are able to get a decision back fast as to whether you have got a loan or not
REPAYING YOUR LOAN- INTEREST RATES AND YOUR CREDIT RATING
While it is tempting to take out a higher amount, the interest will make repaying the
loan difficult. In the long term, you will spend a significant amount of money
to repay the loan. This will likely cause you additional financial hardship. Only
borrow what you need and make sure you can meet the payment terms to avoid high
If you have bad credit, you can still apply for cash advance loans. Most loan companies
will not do a credit check. Since the risk is high for these types of loans, the
interest rate will be high as well. However, if you need money quickly and have
bad credit, this may be your only option to get the money you need.
It is important to mention, that the majority of payday loan companies will require
that you have an active bank account. In most cases, the money will be deposited
directly to your account. In addition, you must agree to the automatic withdrawal of
the payments. The payments will be based on your paydays. If you are paid weekly,
a deduction will be made from your bank account weekly until the loan is paid.
The Advantages of getting cash the same day
The clear advantage of payday loans is you can receive the money within 24 hours. Many companies offer payday loans within one hour.
This is a fast way to get cash quickly in the event of an emergency.
While payday loans may not be the best solution, for many people it is the only solution. This is a way for people with bad credit to get the money they need.
You can apply to several companies online. You simply complete the online application.
You will begin to receive offers to your email address. Once you receive an offer,
review the terms of each offer. Select the offer with the lowest interest and best