Short-term Payday Loan Online – The Quickest Way To Get You Out Of A Financial Jam
A short-term will provide a number of benefits you would not have if you tried to borrow from a bank or from a friend. When you apply for payday loans online 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 prefer to apply for your payday loan by phone, you can call us toll-free at (800) 515-2429.
- Our 2-minute 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.
What are short-term payday loans
If your next pay date is a week or more away and you need some fast cash, a short-term payday
loan online may be the best solution. First, the requirements to obtain a loan online are minimal. If you have a steady income and a bank account, you are probably qualified for a loan. While some lenders require a specific amount of income, most people can easily meet that requirement.
Second, the entire process is simple and fast. A short-term payday loan means you do not need to do anything other than filling out an application and electronically sign the loan contract offered by the lender. Getting your money is a fast process, too. While most lenders will get the funds into your bank account within twenty-four hours, some also offer faster service by wire transfer. Wire transfers can have money in your hands within an hour.
the third benefit
A third benefit is a worry-free repayment. Your loan agreement will clearly state when you must repay the money, and how much you will owe. Lenders are completely upfront about their fees, so there will be no surprises. The contract also lets you know when the loan is due. Your lender can simply debit the correct amount from your account on that date. As the date is generally scheduled for your next pay date, your regular income should cover the repayment in full. It is not necessary for you to go anywhere in person, or do anything yourself.
Even with careful planning, you may not be able to repay on the due date. The fourth benefit of online loans is the opportunity to extend a loan. While you should repay on the scheduled date if possible, you can have extra peace of mind knowing you can receive an extension.
better than the bank
If you compare all of these benefits with trying to borrow from a bank or from someone you know, it is easy to see why online lending has become so popular. You will not have the embarrassment of asking your friends for money or being denied by your bank. You can have a fast, easy, worry-free process instead. As soon as you take out your first short-term payday loan online, it will be obvious that it is the best place to turn whenever you need a short-term cash loan.