Frequently asked questions

What is a short-term loan?

A short-term loan is like a payday loan. It is intended to be repaid on a short payment schedule, often less than a month, or until the borrower has received their next payday.

What happens when one can’t pay off on time or at all?

If you can’t pay off a loan, you may end up defaulting. There are usually strict penalties and fees for borrowers who can’t pay off their loans, so don’t take out a loan unless you’re confident you can pay it back by the agreed-upon terms.

What does one need to be approved?

For a lender to approve you, there are a few requirements you may need. It varies depending on the individual lender, but it’s a good idea to have a Social Security number, proof of income, proof of residency, a phone number or email, and a checking account.

What are your hours?

Our form can be accessed 24 hours a day, 7 days a week. Different lenders in our lender network may have different hours, but the loan request process can be started on our form at any time.

My loan was paid back today. When can I apply for a reloan?

This depends on the individual lender from whom you intend to apply. However, you can fill out our form and start the request process at any time.

I applied but was told that I do not qualify at this time. Can I re-apply later?

Again, it depends on the lender’s restrictions and qualifications. But you can always start the loan request process by filling out our form at any time.

How much time does it take?

Our simple online form takes only a few minutes to complete. If you meet the right qualifications, you could be connected with a lender in a few minutes as well. And if you get lender approval, your requested funds could appear in your account as fast as the next day.

How much can I borrow on a reloan?

Different lenders have different qualifications and restrictions in terms of the loan amounts they offer, and this is true for reloans as well. It may depend on your credit score, income, and other factors. 

How many loans can one take at a time?

Certain lenders may not give funding to borrowers who have other active loans. But some lenders may be willing to work with these types of borrowers. It all depends on the individual lender’s rules and criteria.

Can a bad credit applicant be approved?

Yes, there are lenders who are willing to work with bad credit borrowers, provided they meet the right qualifications.

Are the procedures safe?

We use encrypted technology to make the loan request process as safe and secure as possible.