Unforeseen expenses, like medical bills or home repairs, can derail your budget. They can make paying bills and covering costs until your next paycheck arrives challenging. In times like these, a little extra cash would make life much easier! A payday loan from a quality direct lender may be just what you need. Not all payday loans or lenders are created equal though, you need a trusted source.
We carefully screen our lenders to make sure they follow our strict lending practices, only provide real loan offers, and can offer the best terms to our customers. That is why PhenomCash is one of the most popular matching services, connecting you to top-rate lenders who can provide you with cash fast. No credit? Poor credit? Our lenders still may be able to help.
Do You Work with Direct Lenders?
We are a matching service. This means that we partner with dozens of direct lenders to find you the most competitive loan terms and rates. When you apply for a payday loan, you are requesting a small sum of cash directly from a lending company. No middle man or third party is ever involved. This makes the process simple and straightforward.
Start by filling out an application online. Once you submit it we send it out to our partners. Most borrowers receive a decision within minutes. If approved you can expect your money within one business day. When it is time to repay your loan you don’t have to worry about waiting in line or transferring funds; the money is withdrawn from your bank account by the lending company. It’s entirely online, making the process quick and painless from start to finish!
How Do Direct Lender Payday Loans Work?
A payday loan offered by a direct lender is very similar to other simple short-term lending options. In three easy steps, you can be matched with a direct lender. First, complete our online application, then submit it to be matched with one of our lending partners. Finally, if your loan application is approved, you only need to review the fees, loan terms, and agreement. Once the loan agreement is signed you can expect your funds to be deposited directly into your bank account within one business day.
Why Should I Use a Payday Loan From Direct Lenders Only?
A direct lending service can be beneficial to anyone. However, some features may be particularly beneficial to those with poor credit or no credit. Here is what you can expect from a payday loan.
- Save time and effort. You won’t have to wait in long lines, mail documents, or deal with multiple different lending companies. All you need to do is use any internet-accessible device and fill out our online application.
- No faxing is required. Not only will you not have to fill out multiple redundant applications, but you won’t be required to gather or fax documents either! Our quality lenders provide loan decisions without lots of paperwork.
- Approval within minutes. Our application process is fast and so is the answer to your request. All of our lenders make a decision in just minutes so you can expect an online approval shortly after you submit your forms. You won’t have to wait hours or days agonizing over what a hard credit check might return. Denial and requirements for additional verifications are rare, meaning you can be on your way to fash cash in less than an hour.
- All financial backgrounds accepted. Bad credit? No credit? These things won’t prohibit you from securing the money you need. Our lenders use a soft credit check to review your basic information and won’t base their decision solely on your credit score. This quick review of your financial history won’t impact your credit report.
- Short-term solutions. Your loan is repaid when you receive your next paycheck. This means you won’t be tied down to a months-long contract. Typical loan terms are thirty days, keeping you from getting trapped in debt cycles.
Guaranteed Payday Loan With No Middle Man
We work with many direct lending partners. All of them have been carefully screened to make sure that they follow strict lending practices. After you submit your application you can expect a guaranteed loan decision almost instantly. They only extend real loan offers that provide you with a cash advance regulated by US laws. Your information will be kept confidential and safe, and never shared with a third party.
When you apply online you can trust that your personal details will be secure thanks to our encryption technology. Your information is automatically transformed into codes that are inaccessible to third pirates. We value your business and your privacy, that is why we partner with direct lenders only.
Can I Still Get Bad Credit Payday Loans from a Direct Lender?
Bad credit won’t prevent you from getting a loan, but it is a good idea to review all your loan fees and terms. Before you sign the agreement, review the amount lent compared to the interest rates and fees. If necessary, you may want to consider additional offers.
The quality of the lender is another factor to pay attention to. Don’t be misled by low-interest rates that conceal hidden fees. We advise thoroughly reviewing your agreement and asking for further details needed for you to feel safe and secure with your loan request.
Who Is Eligible for a Direct Lender Cash Advance?
If you meet the below eligibility requirements you can fill out an online application. Pay attention to what you need to have as well as what must be true of your situation. Our straightforward criteria are:
- You must be at least 18 years of age;
- You must be a US citizen;
- You must have stable employment;
- You must have a bank account active for greater than one month;
- You must have a working telephone number and email address.
Most borrowers have no problem meeting these requirements. There is generally no need to be concerned with your eligibility.
How Can I Apply for a Direct Lender Payday Advance?
Our application process couldn’t be any easier. One form is all it takes to have your request submitted to a quality lender. We will continue sending it to our network of partners until we find someone ready to approve your loan.
Here are our quick and easy steps:
- Complete the online application and review it for accuracy
- Select the loan amount needed to satisfy your financial situation
- Hit submit at the end of the application
- Wait for a decision on your loan to arrive within the next few minutes
One of our lenders will review your application and offer a near-instant decision. Once a decision is made they will extend an offer. You can review the fees and terms on their website. Pay close attention to the rates and fees as well as your rights and borrower obligations.
If you are ready to complete the agreement you can give your online signature. Once the contract has been signed a deposit will be issued to your bank account, sometimes arriving the same day. To improve your chances of receiving same day funding make sure you follow these guidelines:
- Apply before the cut off time, typically 11:30 AM
- Apply on a weekday (not a holiday or non-banking day)
Even if you don’t receive your money the same day, you can still expect it quickly. Likely by the morning of the next working day.
Once your loan term comes to an end, the borrower will withdraw the agreed-upon amount and all applicable fees directly from your bank account. You don’t have to stand in line or go anywhere in person.
Get The Money You Need Now with PhenomCash
Facing unforeseen expenses? Complete an application with us and we can provide you the money you need as soon as possible. Securing a guaranteed payday loan is easier than ever. Work with a quality direct lender to avoid hidden fees and third parties, and get the cash you need right now!