1 Hour Payday Loans from Direct Lender


Financial difficulties can arise at any time, and usually it happens when we least expect it. The car breaks down, the child gets sick, the bills are piling up and people have to look for additional sources of funding in order to cover the costs. In such situations, you are probably looking for the fastest and most reliable source of funding - and 1 hour Payday Loan is what you need!

What is 1 Hour Payday Loan?

1 Hour Payday Loan is a simple short-term type of financing for borrowers with any type of credit so that they can cover any emergency needs. The amount of such loans often ranges from $ 100 to $ 1000. The repayment terms of 1 hour Payday Loans does not exceed 30 days, since the debt must be paid on the day of your next paycheck.

The advantage of 1 hour Payday Loans is that funding applications are approved almost instantly. Thus, you do not have to go to the lender's office and wait for hours. If you are approved, the money will be deposited into your bank account within one business day.

How much does one hour Payday Loan cost?

This type of financing is the fastest on the market, but it is also one of the most expensive ones. Before you apply and receive funding, make sure that you can actually pay off the debt.

Typically, you will have to pay between $ 10 and $ 25 fees for every $ 100 borrowed. Thus, if you want to take out a $ 500 loan, you will have to repay from $ 550 to $ 650.

Is it possible to get a Payday Loan in 1 hour?

Many borrowers want to know if it is really possible to get a loan in such a short period of time, and this cannot be answered unequivocally. Let's see why.

Payday lenders often do not require traditional credit checks. Some of them may request a soft check, but this is not reflected in the credit report. Thus, funding applications are approved much faster. However, is it possible to get a loan in one hour? 1 Hour Payday Loan has this name because you can fill out a form and get approved in just one hour. Thus, you do not have to wait long to find out if your application is approved or not. However, the money will be transferred to your bank account the next business day. Thus, it will take about 24 hours from submitting an application to receiving funding. That is why such Loans are also called “24 hour Payday Loan” or “24 hour bad credit loan”.

When should I consider 1 Hour Loans?

Of course, you can apply in any situation and spend the loan for any need, however, it is recommended to apply for a 1 hour Payday Loan only in case of an emergency. As already mentioned, this type of financing is quite expensive, so you should explore other options in order not to overpay a huge amount in interest.

How can I get a 1 hour loan with no credit check?

As a rule, it is borrowers with bad or poor credit who look for “Loans for bad credit” as they cannot get other types of financing. Unfortunately, banks and credit unions do not provide loans for people with bad credit as it is too risky for them. To cut down on risks, you can get a free credit history report online.

However, more and more online lenders do not require a credit check in order to approve an application, as the main factor affecting approval is a regular monthly source of income. Thus, with an online payday lender you will be able to get money even without a credit check.

What are the requirements for obtaining 1 hour Payday Loans no credit check?

Each lender has its own eligibility criteria that must be met, and the payday lender is no exception. Often, Payday Loans have a minimum list of requirements, which is why they are so easy to get. Pay attention to the main ones:

  • Age. You must be at least 18 years of age or older to apply for funding.
  • Citizenship. You must be a US citizen or legal resident to get the loan.
  • Income. Lenders will ask for confirmation that you have a regular monthly source of income and have been employed for at least a few months.
  • Bank account. In order to transfer money to you, lenders will request an active bank account.
  • Contact details. Lenders will ask for a phone number and email to contact you.
  • ID confirmation. You can provide a passport, driver's license, or government issued ID.

Remember that eligibility criteria may vary not only depending on the lender chosen, but also on state laws. Also make sure that 1 hour Payday Loans are available where you live.

How to apply for a 24 hour Payday Loan?

If you want to get Instant Loan with bad credit, there are a few simple steps that will help you get funding as quickly as possible:

  1. Choose a lender. Now there are a huge number of online lenders who provide loans for people with bad credit. However, each of them has its own terms and eligibility criteria. Also pay attention to commissions and fees.
  2. Submit your application. Once you have selected a lender, visit his website and click on the “apply online” button on the main page. You will need to fill out a simple online form and provide some information about yourself.
  3. Wait for approval. As mentioned, 1 Hour Payday Loans are approved almost instantly. If you are approved, the lenders will contact you to discuss the details.
  4. Get money. By signing a loan agreement, you can receive a loan directly to your bank account.