#1 hour payday loans
1 Hour Payday Loans
1 Hour Payday Loans are speedy loans given against your next paycheck for a fee. As its name implies, 1-Hour Payday Loans are online loan services that process your application within the hour. You fill out an online application on the lender’s web site, after which the lender will contact you either by e-mail or phone. If you are approved for a loan, you should be able to withdraw your loan from your checking account the following business day. Some 1-Hour Payday Loan services will wire your loan to your bank for an additional fee.
1 Hour Payday Loan Amounts
1-Hour Payday Loan companies will take your income into consideration in deciding how much you are eligible to borrow. Depending upon your situation, you might be able to borrow up to $1,000 or more. Most 1 Hour Payday lenders often allow you to borrow larger amounts once you have established some history with them.
How soon can I expect to get the money in my checking account?
You can expect money in your checking account the following business day. Arrangements can be made for same day deposits for a fee. Be aware that these deposits are usually wired to your bank, for which your bank may charge a fee.
Do 1 Hour Payday lenders run credit checks?
No, most 1 Hour Payday lenders do not run a credit check, and the lenders we work with do not run credit checks either. If you have bad credit, that will not be an issue when applying for a Payday Loan.
What is the time frame for paying off a 1 Hour Payday Loan?
The normal time frame for a 1-Hour Payday Loan is 14 days, or until your next paycheck when you get paid monthly. This does not mean you will be expected to pay back the loan and fee in full at that time. Most companies will agree to deduct the fee from your checking account and renew your loan for one or more periods. Loan extensions require new fees for every renewal.
Can anyone use 1 Hour Payday Loan?
Yes, there are very few people that are not eligible for 1-Hour Payday Loans. Among those that are eligible, you will find an assortment of types of people who are customers of Payday Loan services. 1-Hour Payday Loan customers are usually regular people like you and me in need of extra cash fast. The 1-Hour Payday lender with whom we work is actually able to give you a decision within minutes of your online Payday Loan application.
1 Hour Payday Loan Interest Rates
Instead of an interest rate, 1-hour payday loans charge a financial fee. The average fee is $25 for every borrowed $100, but it can vary from company to company. Some charge as little as $10 in some cases, while others require up to $30. The fee is renewed at the end of every loan period, which is usually every 14 days. If the fee is $30 per $100 borrowed, that equals an APR of 782.14%. If that interest rate is too high for you and you can wait longer for your money, you might want to consider a personal loan.
1 Hour Payday Loan Restrictions
There are no restrictions on what you can use a 1 Hour Payday Loan. 1-Hour Loans can be used for whatever purpose you need. So if you need some extra cash for rent or something else, a 1 Hour Payday Loan might be the right option for you.
Multiple 1 Hour Payday Loans
For the most part, Payday lenders will not allow you to have more than one Payday Loan at a time, but some company policies vary. If you notice yourself needing frequent Payday Loans, it might be time to consider some other alternatives, including: 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.