Instant Decision Payday Loans (Bad Credit Accepted)

If you're searching for instant payday loans because you need cash quick, our free loan request service could connect you with a certified lender in less than 3 minutes.

Just enter your details, request between $100 and $1,000, and you will soon know on screen if you have been approved!

What's more, as soon as you digitally sign the agreement the lender aims to deposit your funds as soon as on the next business day!

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What Are Instant Decision Payday Loans?

Instant decision payday loans at ElcLoans

If you don't have access to a credit card and can't turn to friends and family for small amounts, a payday loan may be the ideal solution to your short-term financial hiccups.

Unlike larger long-term loans from the bank, payday loans are repaid in full within 30 days.

Perhaps you need to fix your car to get to work, an unexpected bill is due, or you have simply gone over this month's budget - our lenders can help you bridge the gap until you get paid next time.

By using our loan request tool, you will get a near-instant response (under 3 minutes) and if connected, will soon know on screen if the lender approves your application.

While the nature of the banking system does not guarantee you will receive the funds right away, lenders aim to get you the money within one working day of the agreement being signed, which is ideal for those emergency situations.

Note: The term "instant payday loans" refers to the superfast online loan request process, but lenders do not provide instant cash funding.

What You Need to Use Our Service:

Meet these basic requirements and you can get started right away:

Are you:

If yes, you can get started now.

Are There Instant Decision Payday Loans for Those on Benefits?

Ideally, applicants should be employed or self-employed with proof of income, but if you are in receipt of government benefits for disability or other criteria the lenders in our network may accept this as a form of income.

To stand the best chance of being approved the sum of your benefits and any other income should total at least $1,000 per month.

This ensures you have the means to repay the loan in the short-term.

Can You Get Payday Loans Without a Credit Check?

We understand that payday loans are often the last option for borrowers with bad credit and you may be looking for loans with no credit check at all because you've been rejected elsewhere.

The good news is that the lenders in our network do not automatically disqualify users with bad credit and will fairly assess your application based on all the information provided.

However, some form of credit check can be carried out.

Websites that promote "no credit check" may be misleading you.

A payday loan is a short-term commitment that is repaid on or just after your next payday, therefore your employment status and income level are very important.

While the process is not truly instant, the lender's credit check is automated, and you will usually know their overall decision well within the hour.

Are There Instant Decision Payday Loans for Students?

Payday loans are not suitable to pay for educational fees and our lenders are not backed as student loan providers.

However, students have the same right to apply as anyone else.

Cash advance can help students who have gone over their budget and are waiting for their paycheck, next official student loan to clear, or money from parents.

Perhaps you need instant cash for books and other materials or to cover daily living costs.

Whatever the reason, you are still required to have a verifiable source of income from employment or another valid source.

Are There Loans for the Unemployed?

Our lenders recognize that those who are between jobs or in other circumstances might still need to borrow money.

That's why they reserve the right to accept applicants who receive government benefits (such as disability), are getting paid via income protection insurance, or have other verifiable sources of income.

Likewise, retired people are not employed, but still typically receive a pension that can be used to secure a loan.

The key requirement is that you have a verifiable income of at least $1,000 per month so you have the means to repay the loan in full, on the agreed date.

Its source does not necessarily have to be from employment or self-employment.

Can You Get Payday Loans on Weekends?

Our loan request tool is available online at any time.

However, even if a lender approves you at the weekend, you will not receive your funds until Monday or Tuesday, when the banks open.

It is also worth noting that deposits may be delayed during other bank holiday periods.

Therefore, if you know you require a loan, it is better to apply as soon as possible.

Can You Get Instant Decision at Night?

While we may be able to connect you with a lender within 3 minutes, deposits are never instant and usually take one working day.

Therefore, if you apply at night after working hours you are more likely to receive your funds the next morning at the earliest.

Can I Get Payday Loans Without a Checking Account?

No, as part of our streamlined online service we require you to provide the details of a bank account in your name when you submit your loan request.

This allows the lender to quickly begin the direct deposit process and automatically take the repayment on the agreed date.

Using other methods would slow down the system.

Note: All legal US residents are entitled to a basic checking account and these can be opened very quickly online with most banks.

Is There No Paperwork and No Faxing?

With today's technology, there is no need to force borrowers to fill out stacks of paperwork, attend a bank meeting, or talk over the phone.

Our service functions almost entirely online.

The only time you might need to handle physical paperwork is you don't have digital copies of documents to attach to your application if such documents are requested by the lender.

In that case, it may even be easier for you to fax it, but most people can get by without faxing.

Do You Work With Direct Lenders?

We want you to know who you are dealing with, that's why we aim to connect you directly with a lender from our network of more than 100 accredited US payday lenders.

ElcLoans does not make any lending decisions ourselves and we do not manage your loan.

Instead, we let you know if you meet a lender's requirements and it is up to you to proceed with an application on the lender's own page.

Any subsequent loan agreement is direct with the lender.

The Fastest Service

Our service isn't instant, but it's fast!

Beware of any site claiming to offer truly instant payday loans, this simply isn't feasible due to application processing and the way banks handle transfers.

However, we think you'll discover that ElcLoans and our partners provide one of the fastest solutions on the web.

Our aim is simple - to connect you to a certified payday lender in a matter of minutes, who can get you cash in as soon as on the next working day.

As long as you meet the basic eligibility requirements and fill out our form completely and honestly, there should be no delay.

We designed our system from the ground up after spending years in the lending industry and realising that a lot of the methods were slow, outdated, and causing borrowers undue stress.

That's why we've done away with physical paperwork and documentation, unless absolutely necessary.

We streamlined everything into one simple online form that you can fill out from the comfort of your home on your mobile device.

We've also solved the issue of having to shop around to different lenders, filling out applications individually, by tapping you into a network of over 100 certified US lenders.

If we connect you to one of these, we simply direct you to their online application page, where you will only have to add a few more details.

You will know if you have been approved on screen, as close to instant approval as feasible.

If approved, you will be given a digital copy of the loan agreement and once signed, the lender will begin the direct deposit process as soon as possible - most people receive their funds on the very next business day.

Our lenders can provide between $100 and $1,000 (depending on numerous factors), allowing you to cover short-term financial hiccups small and large.

So, if you need to fund home or car repairs, cover an unforeseen bill, or you just want to buy that special item right away - our lenders can help.

What are the Payday Loan Terms and Conditions?

The terms and conditions for your loan, including the interest rate, are personal to you and will be revealed by the lender if they make you an offer.

ElcLoans is not a lender and does not make lending decisions.

All of our lenders are fully licensed and regulated and are subject to federal and state law.

Depending on the state you reside, there may be limitations on the amount that can be charged in interest, whether you can take out more than one loan, and whether you can refinance/extend a payday loan.

Generally, the interest rate will be determined by the amount you borrow, your personal financial situation, and the lender's internal criteria.

By law, all lenders will provide you with a digital copy of the loan agreement and its terms before requiring you to sign the contract.

This will include the interest rate as an Annual Percentage Rate (APR), the exact amount charged on the repayment date (often called the finance charge), the date of repayment, and all of their other policies.

While lenders will do their best to assess your financial situation, only you will truly know if you can meet the obligation.

If you do not agree to the loan terms you are free to walk away at any time with no obligation, providing you have not yet signed the agreement.

You are also free to use our service again at any time.

Should you fail to repay your payday loan in full on the agreed date, it may start accruing added interest as per the rate outlined in the loan terms.

You may also face other added fees, collection calls and visits, and you will almost certainly experience a negative impact on your credit score.

We want our users to be as informed as possible, that's why we have an extensive [How it Works] and [FAQ] pages.

Our Ethos

ElcLoans differentiates itself from other services because we legitimately care about our users.

Having witnessed borrowers fall for misleading and predatory practices and the entire industry suffer, we want to do things right.

That's why we encourage borrowers to use payday loans responsibly and as they were intended - to bridge the gap until you next get paid.

Furthermore, our service is free and always will be free, including a wealth of information about payday loans and how they work effectively.

8 Benefits of Using ElcLoans

  1. One form for a network of over 100 certified lenders - no shopping around or having to fill out multiple forms.
  2. You will know if you are connected to a lender in a matter of minutes - our current average is in under 3 minutes!
  3. Complete the entire application process online unless faxing documents - you can use any mobile device with a browser.
  4. Everything finalized the same day - even if lenders ask for further documentation, you could be approved within an hour!
  5. Safe and Secure - we and our partners use the latest encryption technology and will never pass on or sell your data to third parties.
  6. Cash as soon as on the next working day - if the banks are open, then your financial emergency will soon be over.
  7. Deal directly with lenders - no middlemen, you will know exactly who you've borrowed money from and the terms of the agreement.
  8. Borrow with bad credit - even those with a poor credit score will have their application fairly assessed!

Get Started Now!

If you need money quick, then ElcLoans FREE online service is your number one option.

Simply complete our fast loan request form, selecting an amount between $100, and $1,000, and we'll do the rest!

Get Started Now

If connected and then approved by a lender, your funds will be transferred to your bank account in as fast as one working day - you won't find a faster or more user-friendly process!