7 Best Payday Loans for Fast Funds

Looking for instant cash? Dive into our list of the best payday loans!

Who doesn’t need money from time to time? Unless you’re in the top 1% of the population, you can relate to needing fast funds. I’ve listed the best payday loans so that you don’t have to go digging in the depths of the internet. Keep reading!

“I need money now!” – Not a statement you’ve never heard before. I’ve said it at times and so have my close friends and people that confide in me. No shame in needing money due to urgent expenses that can’t wait till your next payday. Financial struggles hit a lot of us, and a vast majority of Americans do live from paycheck to paycheck. When you find yourself in need of money and are considering a short-term loan, it’s best to do some research and pick an option that best fits your financial situation.

Don’t you just love listicles? I know, I do. From the best coffee shops to the best time travel movies, there are lists galore for every consumer. In this article, we will take a look at the best payday loans available when you need money. This list will help you make informed financial decisions when getting a short-term loan.

What is a payday loan?

A payday loan is a short-term loan which allows borrowers to take care of unexpected financial situations before their next payday. Payday loans tend to be fast, and they don’t require a hard credit check. The resources linked below discuss more about payday loans:

Get more information on how payday loans work.
See how fast same-day payday loans are.
Learn why a person’s credit score doesn’t matter.
Discover the secret to finding the best payday loans revealed!

My list of 7 best payday loans

Here it is! The list you have been waiting for. I suggest reading through every single one of these before deciding which online payday loan works best for you. Each of these are types of payday loans. You may hear some of these common payday loan terms while researching a loan for your needs. Each of these types of payday loans are fast, they don’t run a hard credit check, and they can help when you need funds before your next payday. They have slight variations. Take a look!

1. Single-Pay Payday Loan

White background bears text that explains single-pay payday loan as a payday loan that needs to be repaid in a single payment on the next payday. The lower part of the graphic includes a green panel with the words ‘apply now’. A small graphic on the left shows a hand cupped under a dollar sign encircled by two arrows pointing in opposite directions.

There’s no hard credit check!

A single-pay payday loan is a short-term loan created with the intention of helping borrowers handle emergency expenses in between paychecks. They’re typically thought of as a traditional payday loan. Single-pay payday loans are to be repaid in one single lump sum on the next payday.

Note: Single-pay payday loans may only be available in certain states.

Learn more about single-pay payday loans.

2. Installment Loan

White background bears text that explains installment loan as a lump sum is borrowed and repayment includes a fixed number of scheduled payments over time. The lower part of the graphic includes a green panel with the words ‘apply now’. A small graphic on the left shows a calendar and a dollar sign in a circle, placed at the bottom-right corner of the calendar.

No credit needed.

An installment loan includes borrowing an amount and then repaying it over time in scheduled individual payments. These payments are also known as installments and hence the name.

Note: Installment loans may only be available in certain states.

Learn more about installment loans.

3. Line of credit

White background bears text that explains line of credit as loan conditions define a credit limit that one can use as needed and repay as convenient. The lower part of the graphic includes a green panel with the words ‘apply now’. A small graphic on the left shows a cash dispenser release a currency bill with a dollar sign on it.

Your credit doesn’t matter!

Similar to a credit card, a line of credit includes a set amount of money or borrowing limit. This is a flexible loan with no set date for repayments. Borrowers can choose to repay in full at their convenience or they can make a minimum payment on their due date. One can withdraw and repay as needed without needing to reapply. It’s a great alternative to a credit card.

Note: Line of credit loans may only be available in certain states.

Learn more about line of credit.

4. Cash Advance

White background bears text that explains cash advance as loan that is taken against the next paycheck in future. The lower part of the graphic includes a green panel with the words ‘apply now’. A small graphic on the left shows a wallet with a currency bill and bank card with swipe strip popping out of it.

Credit scores not considered.

A cash advance is a type of short-term loan that a borrower takes out against their upcoming paycheck. An advance like this can help bridge the gap between paydays. It helps people make it till their next payday. Some payday lenders offer a cash advance. Some employers also offer a cash advance, which can be pulled directly from your upcoming paycheck.

Learn more about cash advance.

5. Emergency Loan

White background bears text that explains emergency loan as quick loan used to cover urgent or emergency expenses. The lower part of the graphic includes a green panel with the words ‘apply now’. A small graphic on the left shows an emergency light that is turned on.

Credit score is not required.

An emergency loan is designed to help you get your finances back on track after dealing with a sudden expense you didn’t see coming. It could be a medical or veterinary emergency, or it could be car repairs that chip away at your budget before your next payday. In any case, when you’re faced with an emergency expense, an emergency loan can help save the day.

Discover more about emergency loans.

6. Same Day Loan

White background bears text that explains same day loan as loan where you get funds the same day as approval. The lower part of the graphic includes a green panel with the words ‘apply now’. A small graphic on the left shows a clock with hands set at 5 o’clock.

No credit needed.

Talk about money in minutes! A same-day loan can be described as a short-term loan where you can apply, get approved, and have funds deposited in your account – all in the same day! These loans are lightning fast! So, this can be a great option when you need money as soon as possible.

More information on same day loans.

7. No hard credit check loan

White background bears text that explains no hard credit check loan as loan that does not require the lender to pull the borrower’s credit history. The lower part of the graphic includes a green panel with the words ‘apply now’. A small graphic on the left shows a gauge chart with an X symbol under it.

Won’t risk your credit.

Credit history can have a significant impact on your life and financial future. From getting a mortgage or getting approved for a rental, it can even determine if you get certain jobs. When banks and other more traditional lenders perform a hard credit check, it can lower your credit score. Also, hard checks can influence your credit score for up to a year and will show up on your credit history for about 2 years. Instead, stick to lenders that will perform a soft credit check. No hard credit check loans are a great type of payday loan. Borrowers don’t do a hard credit check, and your credit history or score isn’t considered.

What constitutes the best payday loans?

Before we look at the best payday loans, let’s talk about what makes some loans better than others:

1. Legit and trusted lenders

The first and foremost thing to look out for is the legitimacy of the lender. You want to work with lenders that are clear and transparent. Avoid lenders that dodge questions or fail to mention what the fine print says.

Graphic with green-blue background bears three separate reviews enclosed in three separate white rectangles and has five yellow stars at the top. The first review says Net Pay Advance is the best payday advance company that I have used by far. The website is user friendly. In the past, if I’ve needed to call regarding a situation or if I’ve had questions, I’ve always received excellent customer service. The second review states, Net Pay [Advance] is the best for getting your money fast [and it’s] so easy. The last review says: best online loan company available! [They are] much more than a loan site, [and] more like family. If you ever need extra money, this is where you need to go.

2. Social proof and credibility

Review says, very quick and easy process. Best one yet. Text is enclosed in a white rectangle against a green-blue background with 5 yellow stars at the top.

Their internet has made sleuthing so much easier! Just look up a lender and see what the online reviews say. Humble brag, but Net Pay Advance has a 4.7-star rating on Google! Over 8,000+ people have rated us 5-stars!

3. Easy application process

Life can be hard at times, but loan applications don’t have to be. I like being able to apply online and without hassles. Seriously, it takes just a few minutes!

Green-blue background bearing 5 yellow stars bears text enclosed in a white rectangle. Review says: Took me only 1.5 minutes to complete the application. I am a busy parent raising twins. Thank you!

Green-blue background bears 5 yellow stars at the top and features a white rectangular text box that has the words: This is the best app I’ve ever used. It’s convenient, fast. And easy, and there when you need it!

4. Quick decisions and approval

Patience is not one of my virtues and I like to get my funds fast. This is where Net Pay Advance with their speedy process is a game-changer. You’re informed of an approval or denial in a short amount of time. It’s relieving you don’t have to wait around for a result.

Green-blue background bears 5 yellow stars and a white text box bearing the review: Fast and easy application. Loan deposited into my account within seconds.

5. Receiving funds fast

Green-blue background with 5 yellow stars at the top bears a white rectangle text box. The review says, Net Pay [Advance] is the best for getting your money fast [and it’s] so easy.

Once your loan application is approved, you want the funds to be deposited into your account without delay. Some lenders like Net Pay Advance understand your financial need and send the money your way promptly. You can start your application, get approved, and have the money in a total of 15 minutes!

6. Online safety is maintained

When conducting any sort of interaction online, it is important to be mindful of security concerns. With Net Pay Advance, you have the peace of mind knowing that they prioritize online safety and keep your financial information secure.

7. No Hard Credit Check

Reviewer says, I was hesitant to apply due to my credit being not the best. However, I did and was approved instantly which was a blessing due to my current situation. Text is enclosed in a white rectangle against a green-blue background with 5 yellow stars at the top.

A hard credit check can be a nightmare! Only work with lenders that will do a soft credit check that won’t impact your credit score or financial future.

Did you know you can get a free annual credit reportfree annual credit report? Find more information on credit:

How to Raise Your Credit Score

5 Best Credit Apps

8. Stellar customer service

Graphic features a customer review that says, best customer service ever. Text is within a white rectangle against a green-blue background that bears 5 yellow stars at the top.

Some lenders like Net Pay Advance train their employees to be helpful, understanding, and empathetic. Customer Service Advocates are able to relate and connect with customers and this human touch makes the process convenient for everyone.

9. Customer benefits and rewards programs

Who doesn’t like rewards and benefits? It is nice to have these ‘extras’ and Net Pay Advance does not disappoint! Customers can earn points by completing common and easy tasks, like paying off a loan, or referring a friend. Those points can be redeemed for rewards!

10. Convenient repayment methods

Repaying a loan needs to be just as simple and easy of a process as applying for a loan is. I like having options of repayment methods so that if one doesn’t work, I can repay using another.

Get that cash. Cha-ching!

It feels good to get funds when needed, doesn’t it? It’s not a great feeling to need money and not get financial help in a timely manner or get it from a subpar source. For instance, if you need about say $500 for an expense, go apply for a $500 dollar payday loan today!

Where you get your funds from is crucial as it has the potential to impact your financial state and history. In addition to the best payday loans, I want you to be aware of all the details before you sign up for a loan. That’s why I highly recommend taking a look at some these resources:

I know, it’s a lot of information! If you have questions, contact Net Pay Advance today!