This page of our website is particularly designed to answer various questions that may come to your mind regarding payday loans. If you don’t find the answer to your doubt or query here, then you can contact us through mail or call our customer care number.

    • Can I get a payday loan if I am unemployed?
    • How is a payday loan helpful to me?
    • How does these payday loan works?
    • What is the rate of interest that I will be charged?
    • what happens if I don’t repay my loan in time?
    • How long does it take for the loan amount to reflect in my account?
    • What’s the maximum amount that I can borrow in one go?


Can I get a payday loan if I am unemployed?

When you apply for short term loan with us, we will forward the application to the lenders in our network; who will further analyse your application based on your ability to repay the short term loan. Short term loan as the name suggest is repaid at the time when you get you next pay check; which is usually two weeks’ time. So it means you should either be salaried or must have a continuous flow of income or else your application will be rejected.


How is a payday loan helpful to me?

the whole concept of payday loans is to allow you with the flexibility of meeting an emergency financial situation. Before applying for a payday loan on our apply now page, you must ensure that you understand the concept of the loan properly. Also you must have a continuous flow of income that allows you to repay the loan in the time due with the interest charged. Also you should have enough funds left after repayment of the loan to meet your monthly expenses. Pay day loan is not a fix of any kind but a ind of mobility that lets you meet all kinds of financial emergency without having to borrow for money from your friends or family. Also payday loan is very different from long term loans and must not be used to fix the same .


How do these pay day loans work?

A payday loan is a financial help that helps you meet unexpected yet important financial emergency. These loans usually don’t take your credit history into account and don’t affect your credit ranking as well. The whole criterion mentioned in the terms regarding the credit check is to ensure that an applicant has a steady flow of income and can repay the loan borrowed in time. Short term loans help you fill unexpected large bills, sudden medical emergencies or repair work. Payday advance credit connects its clients with its wide network f lenders so that you can pick most affordable and beneficial plan only.


What is the rate of interest that I will be charged?

Interest rate charged on your short term loan will be guided by variety of factors. It may vary according to different factors like your credit history, provide where you reside, source of income, amount borrowed, time span of repayment, your financial condition and the lender you choose and his policies. It is requested that clients must read the documents carefully to understand the terms and conditions that follow before signing the agreement. Ensure that you have read all the details carefully and agree to all the terms that follow.


what happens if I don’t repay my loan in time?

if you think you won’t be able to repay the loan borrowed on the due date then you must contact your lender immediately. Payday advance credit would not be able to help you in this regard thus you must talk to the lender directly. He may be able to provide you with a solution and push your repayment date forward. The same will be followed with a penalty fees or additional charged that will be levied in addition to the amount you were meant to repay. If you think you are not in a position to repay the amount comfortably, then we would suggest you not to take the loan in the first place.


How long does it take for the loan amount to reflect in my account?

once you have filled out an application form on our site, we will then send it to our network of lenders who will judge the application on the basis of your capacity to repay the loan in time. If approved by the lenders, you will receive the approved loan along with the terms and conditions that follow to be duly signed by you electronically. After agreement from both parties, the loan amount is sanctioned in your bank account on the very next working day; so if you applied between Monday to Thursday then you will get the loan amount within 24 hours but of the application is approved on Friday the amount is sanctioned on Monday. If the application is submitted during the weekend, then your loan will be approved on Monday and amount will be deposited on Tuesday.


What does the maximum amount that I can take in one go?

The amount that you can borrow will depend on variety of factors listed by your lender and his policies. The topmost criteria of deciding your loan amount is your capacity to repay the amount. The maximum amount in first go is $500 but some lenders may approve $1000; which is rarely a case.

Our lending process is free of any catches and hidden clauses, because we answer all your doubts and explain the lending process explicitly to our buyers. Whether you have hundred questions or one, we make sure that each of them is answered to your utmost satisfaction before and after applying the loan.

Fraud Alert Please be informed about stores pretending to be Payday advance credit. Read more We're a fully licensed company. Getting a safe and easy loan We are a locally owned and fully licensed company operating locally and online. You can learn more about our payday loans and licensing information for lenders here!

Disclaimer : Payday advance credit is not a financial organization or a lender. We do not provide loan or make decisions relating to the lending policy of our lenders. When you apply for a payday loan by filling out the application form available on our site, it does not guarantee approval of the loan. We forward your filled form to our network of lenders, who then evaluate your application based on their set criteria and approves your loan. Based on your application, our lenders will offer you the rate of interest, charges involved and other terms guiding your loan process. Once you get the offer from the lender, you can then decide whether you need to accept the amount or not. Payday advance credit does not play any role in deciding your loan amount, interest charged or any other terms related to it. We advise our clients to read the terms and conditions properly and weigh the pros and cons that follow before signing the contract. We make our earnest effort to provide you with up to date and explicit information on our site. If you decide to accept the offer, then you will have to sign the documents electronically and send it over to us. After you duly sign and agree to the agreement, we will then put forward the amount in your bank. We are in no way obligate you to accept the loan amount after the offer is made. You are solely responsible to accept the loan amount based on your personal decision. Some of our lenders will run a credit check on your name to ensure your capability to repay the loan. The verification won't affect your credit history and is performed by lenders to cover risks associated with lending money. Payday advance credit reserve the right of making any changes on our website without intimating the clients in advance. The updated information is effective from the time it is updated and it is the responsivity of the customer to read them prior to applying for a loan. Payday advance credit or its affiliates do not guarantee availability, performance accuracy and functionality of the third party software working on our website. Any transactions occurring between you and payday advance credit is subjected to local jurisdiction regardless of the place where you reside. Payday advance credit or its affiliates does not guarantee the performance, availability, functionality and accuracy of the third party software present on its website. All the transactions between Payday advance credit and you are subject to the local jurisdiction regardless of the location where you live when you accept a short term loan or advance credit. We advise you to go through rates and fees section on our site to understand the laws and terms that follow your agreement. Our terms of use will help you in gathering more information on the loan process, products and services to understand it thoroughly. Read our privacy policy to understand rules and regulations to understand the collection, use and distribution of personal and non­personal information that's been gathered from customers by Payday advance credit or any affiliates. Privacy Policy