What Is a 1 Hour Payday Loan?
It’s not uncommon to feel anxious and as if you have nowhere to turn when unexpected expenses arise. If you have no credit or less than stellar credit, you may feel especially helpless as you may not qualify for traditional financial loans. But you do have options. A one hour payday loan can provide you with the funds you need.
Many borrowers can expect a decision on their 1 hour payday loan within sixty minutes or less. Oftentimes the money will be deposited by the next business day, though same-day deposits are possible. When you receive your next paycheck simply repay your loan plus fees. It’s a fast and easy solution for unforeseen costs.
Your lack of credit or poor credit may not affect your ability to get a loan. No hard credit check is required; making these loans a great option for those who have bad credit and are facing a financial emergency.
Who Should Apply For a 1 Hour Loan?
There are a few different reasons why someone would apply for a one hour same day payday loan. Here are the situations where you may need one:
- Unforeseen costs often need to be handled immediately. If you are facing a financial emergency you probably need cash fast. Getting a traditional loan can be a lengthy process due to credit checks, assurances, and reviews. This can be an issue when you need funds now. One hour payday loans are quick and efficient, often being your best option when you’re in a time of need.
- Those with poor credit are usually not candidates for loans from financial institutions. Banks generally don’t extend loans to those who don’t meet their strict standards when it comes to credit reviews. Fortunately, those who have bad credit or even no credit can apply for an online payday loan. They’ll receive a fast decision without having to go through a hard credit check.
- The process of applying for a payday loan is quick and painless. If you need a short-term loan for a small sum of money why go through the hard and long process of applying for a conventional bank loan? A one hour payday loan application can be completed online in minutes and the funds can hold you over until your next paycheck.
Why a No Credit 1-Hour Payday Loan Is a Suitable Option
Get a Decision Within Minutes
You don’t have to wait days for a decision. After you fill out the quick online application it will be sent to a direct lender. They will issue their decision in as little as a few minutes and if your request is approved you can expect a deposit of funds within one business day.
Whether you need cash for medical bills, car repairs, or any other unexpected cost; a payday loan can help. Your personal reasons for requesting a loan stay private. Unlike traditional loans, our application won’t ask you to justify or explain your request.
Available To Anyone For Any Reason
The eligibility requirements for an online payday loan are much less stringent than bank loans. Most individuals easily satisfy them. You must be a US citizen that is 18 years or older, be able to provide proof of employment, and have an active checking account. It’s so simple!
If you are eligible complete the straightforward application, fill in your loan amount request up to $1000, and standby for a speedy decision from one of our lending partners.
No Credit Check Required
It can be difficult for those with bad credit or no credit to receive funds quickly when they need it most; we get that. Our cash advance lenders don’t perform hard credit checks. They won’t base their decision solely on your credit history, so you can rest easy.
Though no such thing as a no credit payday loan exists, our lenders will only use a soft credit check. This isn’t run through one of the three major credit bureaus, meaning it won’t appear on your history and won’t negatively affect your credit score.
Why Choose PhenomCash?
Our goal is to help those who need it most quickly and efficiently. We are rapidly becoming one of the top lending choices in the industry for those seeking solutions to their financial needs.
We value your privacy and satisfaction. Our lending partners are carefully vetted to ensure they meet our strict standards.
As a matching service, you only need to complete and submit one application to receive the best loan offers from hundreds of direct lenders. This saves you time and effort.
Apply Online, Here’s How!
A single online application is all that is required. Navigate to our website and fill out your request. Once you submit it we will forward it to one of our many direct lending partners. If you meet their straightforward eligibility requirements you can receive approval in just minutes. Thanks to our partnership with dozens of reputable lenders, you are nearly guaranteed to receive funding for your financial needs without much hassle and regardless of your credit report.
What Are You Waiting For?
When you are approved for a 1 hour payday loan, you can use the funds as you see fit. Whether that be to cover the month’s rent or pay for a medical bill. Our direct lending partners are standing by to review your application. Prior to signing your loan agreement be sure to carefully review the terms and fees, as payday loans can include high-interest rates.
If you want to save time and effort while securing a great loan offer in minutes, complete our simple application form now!