Get Payday Loans The Same Day- Instant Loans

Note: This review is not sponsored and biased

Are you looking for methods to get payday loans the same day? There are money lending companies that can provide you with a payday loan on the same day.

Payday loans can be very helpful but at the same time, costly. As most of us live from paycheck to paycheck, any uncertainty can topple our finances.

In this article I will discuss everything about payday loans that you need to understand before applying for a loan, what are legitimate payday loan lenders and how can you get payday loans the same day?

Let’s dive in…

What Are Payday Loans?

Payday loans are also known as cash advance loans. It is a short-term money borrowing usually against your paycheck. You will have to pay high interest on payday loans.

This type of loan is usually immediate, and you can not borrow large amounts on a payday loan. The lender will take a portion of your paycheck as well as the interest money.

Payday loans are usually unsecured loans because you do not have to give any collateral to the lender in other words you don’t borrow it against a valuable item.

Can You Get Payday Loans The Same Day?

Yes, you can get payday loans the same day, most of the time payday loans are immediate and after the approval of the loan, you can receive money to your bank account within 24 hours.

The reason payday loans are popular is because they are short term and you can get them instantly.

Platforms to Get Payday Loans The Same Day

There are many online payday loan platforms that are offering short-term loans and among them are many scammers, so it is wise to first learn about the platforms before applying for a payday loan.

I have done extensive research and selected the best money lending platforms that give payday loans the same day. Please use this article as a reference and conduct your own research before getting a payday loan.

These are the best payday loans platforms

Get Payday Loans The Same Day

1- MoneyMutual

MoneyMutual is one of the best online marketplaces which you can use to get payday loans the same day. Remember that this is a marketplace and not a lending company.

MoneyMutual brings borrowers and lenders together and makes money borrowing easy. You can get simple, secure and quick access to lenders if you are in a need of a payday loan.

Let’s check some of the features of MoneyMutual


1- Borrow Limits

If you are using MoneyMutual to get payday loans the same day then you have the option to borrow money from $200 to $5000. It is very easy to get this money, and you do not need to have a credit score for this.

2- Time Duration

MoneyMutual understands the fact that time is money, so the requests are processed as quickly as possible, once your request is approved you will get money within 24 hours.

Time also depends on how quickly a lender agrees to give you the loan, if are able to find a lender instantly, then getting a loan the same day is not a problem at all.

3- Application Process

Laon’s eligibility criteria on MoneyMutual is lower than other money lending platforms. It is a better option for users who have a bad credit history or low income.

To get a payday loan simply fill in the information asked by the website, your application will be streamlined automatically, and once finished you can submit your application for lenders to see.

4- Eligibility Criteria

To get payday loans the same day you will have to meet the following criteria on MoneyMutual

  1. Your income should be at least $800 per month after taxes.
  2. You should have a checking account.
  3. You should be a U.S citizen.
  4. Only if you are 18+ you can apply for the payday loan.
  5. Lenders can have some additional requirements

Related: Best Podcasts on Personal Finance- Latest Guide

5- Interest Rates

This is one of the most important factors that you should consider before getting a payday loan. If the interest rate on a payday loan is higher, that is not a good loan offer to accept.

MoneyMutual is not transparent about its interest rates on its official website. You should also know that interest rates are not from MoneyMutual but from the lenders who are lending you the money.

If you can get payday loans the same day but with higher interest rates, I think it is better to avoid them.

Get Payday Loans The Same Day


CashUSA is another great platform that you can use to get payday loans on the same day. This platform is very popular for its huge network of lenders as it operates in all 50 states of the U.S.

Great website security so that your data stays safe, CashUSA provides loans without credit restrictions. You can secure up to $10000 on the same day.

If you are looking for a trusted lending platform, and you have a bad credit history, you can go for the extensive network of CashUSA and to secure payday loans the same day.


1- Borrow Limits

CashUSA has higher money borrowing limits, you can apply for a loan of up to $10000 on this platform. CashUSA is also not a moneylender but it connects the lenders to the borrowers.

The lower loan limit is $500. If you have a bad credit history, you can apply for a loan but the interest would be higher and the limits would different.

2- Time Duration

CashUSA is a platform that commits to providing instant loans to its users, you can get your money in your bank account within 24 hours. The best thing about CashUSA is that once your application has been approved you will start getting offers within minutes.

Check out the offers thoroughly and once you have selected any offer, approve it and get the payday loans the same day in your bank account.

3- Eligibility Criteria

CashUSA provides instant online payday loans, you can get a loan of large amounts but the eligibility criteria is also a little higher for CashUSA than MoneyMutual.

  • Your monthly earnings should be $1000 or more after tax.
  • A checking account in your name is a must
  • The borrower has to be above 18.
  • You should be a US citizen

4- Interest Rates

Like BadCreditLoans, CashUSA doesn’t set the interest rates it shows you on the platform. As a lender marketplace, it only connects you to lenders.

However, the lending partners displayed on CashUSA often offer personal loans with interest rates between 5.99% – 35.99% APR.

Related: Is Student Loan Interest Deductible?- Everything You Need To Know

5- Application Process

If you are eligible for the loan application, all you have to do is fill in the online loan application on the website of CashUSA. The application is not as simple as it is on MoneyMutual.

The application on CashUSA is a bit lengthy and requires you to fill in many details, once completed you will be ready to get payday loans the same day through CashUSA.

Get Payday Loans The Same Day


If you are looking to secure payday loans the same day, then BadCreditLoans is also another great platform to look into. If you have a poor credit score and you are financially unstable, you can secure a loan of up to $10000 instantly.

The BadCreditLoans connects you to online lenders who will review your loan application and lend you money.


1- Borrow Limits

You can get payday loans from $500 to $10000. All you have to do is fill in a 5-minute online encrypted form and submit your loan application.

The website will then connect you with the lenders, after reviewing their offer you can get the payday loans the same day in your bank account.

2- Time Duration

Just like any other online money lender, The BadCreditLoans also takes up to 24-48 hours. It depends on the moneylender, if you get a loan offer against your application and you accept it, then after acceptance, the processing will only take a few hours.

However, sometimes you might not get a loan offer that quickly which may cause a delay in getting a payday loan the same day.

Related: Best Blogs About Personal Finance- Latest Guide

3- Application Process

The process of applying for a loan through BadCreditLoans the platform is an easy procedure and just takes about a minute. The first step is to complete the online application questionnaire with a few details about your income and your location. The company will then forward your information to their database of lenders. The lenders will determine if you are eligible for a loan, and send you an offer for your approval.

After you’ve reviewed the terms of the loan and compared the offers you’ve received, you’re able to accept. The funds will be to your account typically within a working day.

If you think that you think that personal loans on the internet aren’t suitable for you. In this situation, BadCreditLoans offers access to various other kinds of loans. You can use the same process to apply to get a car loan, student loan, or even a home loan.

4- Eligibility Criteria

You will be eligible to get the loan if

  • You have a checking account
  • You are a U.S resident
  • You are above 18
  • You are employed

5- Interest Rates

Like other online money lending marketplaces, it is not up to the BadCreditLoans to decide the interest rates on the loans. This interest rate may vary from lender to lender.

Usually, you will see interest rates between 5.99% – 35.99% APR.

If you have a bad credit score, you will get offers with higher interest rates. We usually consider a 35% interest rate as a higher-end but it is common for online payday loans and is much lower than the average payday loan rate which can be up to 400%.

Get Payday Loans The Same Day

Alternatives to Online Payday Loan Marketplaces

Now that we have discussed the top money lending marketplaces from where you can get online payday loans on the same day. We have also seen that the APR is pretty high and you will end up losing a big chunk of you paycheck once you get it.

Let me get it straight, If you do not need bigger payday loans, don’t go for them, as payday loans by lenders are not regulated by the government, the interest rates can eat you up.

There are other ways of getting payday loans the same day but without paying any interest. You can get instant payday loans with no hidden fees, using payday loans apps. These apps are legit and you can borrow money from these apps without going through the trouble of filling out forms and negotiating with lenders.

Improve Your Financial Skills

You can also work on your personal finance skills to manage your money better, there are great apps that help you save money, use the free budgeting apps to get control over your money.

I know we often need extra money to pay for emergencies, and of course if we are living paycheck to paycheck we don’t have room for such emergencies, so we are inclined to get online payday loans the same day we are hit with the uncertainty.

The best way is to use other tools that not only will save money for you, but invest on your behalf without you even noticing.


These three are the best online money lending platforms that are legit and trusted by millions of people to get payday loans instantly. You can use any of the above platforms to cover your expenses.

Keep in mind that payday loans should only be used as a last resort because of the high-interest rates. Always read the terms and conditions carefully before accepting the offer.

I hope this article was helpful and you got the information that you were looking for, check out other articles about achieving your money goals and getting interest-free loans.