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How It Works

1Payday.Loans is not a lender and therefore does not make short term loans or credit decisions. We are a loan connecting service (we can also be compared to a marketplace that works online 24/7) where we connect consumers with independent third party lenders.

Why are we doing this for you for free?

Because we receive a commission from the direct lender, not from the Borrower.

You register online from your home computer or any mobile device. Because the process occurs in real time, it’s very fast. If you are connected with a lender you will receive an offer from that lender with the terms and conditions of the loan. If you agree to the terms, the money could be available for your use as soon as the next business day.

Can the Borrower decline a loan if the conditions do not suit him?

Yes, sure. Read the lender’s offer carefully (interest rate, terms) and simply reject it if it doesn’t suit.

Typical minimum requirements include:

  • Age – not younger than 18 years;
  • Valid bank account – current or savings account with direct deposit;
  • Stable income – at least 1000 dollars per month;
  • Not be a full-time or reserve military.

Also, independent lenders may have their own individual requirements that must be met.