Same Day Payday Loans – Get Emergency Cash Now!

Same day loans are short-term payday loans that help you access funds quickly after submitting an online application. They are usually for small amounts of money and like all online loans don’t require any collateral. When you need cash fast for an emergency situation, these easy loans come in very handy. Life is full of uncertainties and one never knows when an urgent problem may come! Same day approval cash advance loans can be a real lifesaver for many borrowers!

 

All in the Timing

Save time and money! There is a much shorter approval time for online same day loans than for loans from traditional lenders like banks or credit unions. It’s not practical to wait for a long approval time when you are faced with an emergency. For that reason, borrowers are opting for the speed, fast approval and trusted lenders of payday loans. Even if borrowers have a bad credit history, they can still successfully apply for a cash advance loan. Under normal circumstances, a soft credit check is made when applying for a same day loan. It does depend on the lender, however, but all of them will check a client’s financial background and ability to repay the loan.

When comparing same day cash loans and payday loans or cash advances, there’s not a lot of difference. Payday loans are short term loans that can be received in a single business day. Solving an urgent financial problem with an immediate cash funding makes payday loans quite popular. The main difference is that not all lenders support same day funding. The lenders, who provide such same day services will charge extra for the speed, and most of the banks will charge additional fees to process a money transfer faster. Payday loans are not cheap, and borrowers should be ready to pay even more for the speed!

 

How does a same day payday loan work?

A loan is a sum of money that a person borrows from a lender and contracts to repay that amount within an agreed period. Any loan is made up of the principal amount, fees and charges and an interest component. For payday loans, there is a single repayment that includes all the fees, interest and the full loan amount. With same day loans, lenders provide a loan decision almost instantly and funds may be directly deposited during one day! 12M Loans is working with regulated lenders who try to keep their fees as low as possible, to make your loan more affordable!

 

What are the reasons for a same day loan?

Life events such as sudden car repairs, medical bills, utility service payments and the like, are perfect reasons for taking out an emergency loan. There are a lot of other causes, why people use payday loans.

  • They don’t want to borrow money from family or friends. Always a bad move and a bit embarrassing.
  • The borrower has a bad credit history and that prevents him from applying for a regular personal loan.
  • You need cash, now!
  • For those not wanting to use a credit card cash advance.

 

What are the requirements for same day cash loans?

12M Loans suggests keeping your necessary papers on hand before submitting an application. The faster you provide any extra information to the lender, the faster you’ll get your loan! It will save you a lot of time in an emergency!

General requirements

The following conditions apply for a payday loan, and unemployed individuals can also apply!

  • Be employed or have a steady income of $1,000 per month
  • Have an active checking account in a bank or credit union
  • Be at least 18 years old
  • Have a valid email and phone number

Required Documents

The direct lender may, in certain circumstances ask for additional documentation like:

  • Proof of identity such as a passport, driver’s license, your social security ID.
  • Proof of your address. That can be a utility, phone or cable bill.
  • Income proof from your employer

 

Customize your Same Day Funding Payday Loan!

NO hard credit check! Same day loans offered for a short period of time normally do not require a hard credit check. Instead of looking at your past credit history, lenders mainly focus on your ability to repay the amount. This type of loan with no credit check is a handy option if you find yourself short of cash.

APR for payday loans is much higher than for traditional bank loans. It’s a good enough reason to pay off the loan as soon as possible, or at least on time, to avoid paying the extra interest. Always stick to your repayment schedule. A quick loan is not for you if you have any doubts about your ability to repay on time.

C ut off time! Borrowers should apply before cut-off time to be eligible for same day funding. For the most of lenders, the cut-off time is 12 A.M. Clients who applied later, would get their funds deposited the next business day. Please note, that banks do not transfer money after 5 P.M., on weekends and bank holidays. This means that borrowers who applied on weekends would get their loan by the next business day!

OK for people with bad credit! Your past credit history is not a consideration when applying for a payday loan. Bad credit or fair credit score will not usually affect your online loan application.

ONline application is so simple, attractive and fast! After completing the online application accurately and providing all your personal details, you may receive your approval within the hour. The funds will be deposited into your account within 24 hours or faster!

 

Same Day Loans Features and Benefits

Benefits of Same Day Payday Loans

  • Same day loans are available with no hard credit check!
  • Your funds may be accessed on the same day as your application.
  • A bad credit history doesn’t disqualify you from getting approved!
  • Almost no paperwork and no faxing with many direct lenders!
  • Better interest rate and lower fees!
  • It is an unsecured cash loan!
  • Same day loans are ideal for borrowing small amounts.
  • The payday loans online application is safe and secure and the process is very transparent.
  • We are working with trusted and legit direct lenders only!
Now you are ready to apply for a payday loan to solve your financial emergency the same day! Our flexible online form takes a few minutes to complete and direct lenders will provide an instant loan decision! 12M Loans offers cash advance loans for the amount of $100 to $1,000 with personalized repayment terms and conditions! We believe that every our client deserves more than just a small unsecured loan, that is why we offer an excellent customer service!


Same Day Payday Loans! Get Cash Now!


Financial Implications
Residents of some states may not be eligible for short-term same day payday loans. 12M Loans does not make any credit decisions, and does not guarantee any loan approval. Participating lenders may perform soft credit checks typically through alternative providers to determine creditworthiness and your ability to repay the loan. The short-term payday loan is not a long-term financial product. Late or missing payments, as well as non-payment, may result in extra fees or collection activities! Each direct lender has their own terms and conditions. Loan extension may not be available; please check lender’s renewal policy first.