The results of a recent survey revealed that approximately four out of five Americans live paycheck to paycheck.
Are you part of this group? Have you ever found yourself struggling to make ends meet or cover bills when you’re between paychecks?
If you’re in the middle of a tough financial situation and are having trouble making all your payments, a payday loan no credit check might be a good option to consider.
Before you try to take out a payday loan, though, you need to find a reputable lender.
Read on to learn more about the top ten payday loan companies from which you ought to consider borrowing.
Vetting Payday Loan Companies
There are a lot of factors that go into vetting payday lenders and choosing the best one for your need. Here are some factors to consider when you’re trying to find the right payday lender for you:
- Make sure they’re a certified lender accredited by the Better Business Bureau
- Make sure they comply with federal payday lending laws
- Look for transparency and avoid lenders with secret rates or fees buried in the fine print
- Make sure they respond to questions quickly
Before you decide to work with a particular payday lender, it’s a good idea to check out their contact information as well.
Make sure they have a physical address and phone number attached to their business. Reach out to their customer service line as well, and ensure you can reach an actual person when you need help.
Top Ten Payday Loan Companies
Now that you know more about the criteria we use to vet different payday loan companies, it’s time to get into the specific companies you might want to look into. Here are ten great payday loan companies you might want to consider:
CashNetUSA provides borrowers with payday loans of up to $1,800. This lender works quickly and provides borrowers with loans within one business day. They’re a great option if you need money fast.
In addition to offering payday loans, CashNetUSA offers brokered installment loans of up to $2,400. They offer a savings program and free financial tools.
2. Silver Cloud Financial
Many people apply for payday loans because they’re dealing with a financial hardship or emergency situation. If this sounds like you, Silver Cloud Financial might be the best option for you.
Silver Cloud Financial offers payday loans that range from $300 to $1,000. It’s easy to apply for these loans online and the money will be in your account by the next business day.
3. Check Into Cash
Check Into Cash is a reputable lender that has been in business for 25 years.
Check Into Cash offers payday loans of up to $1,000. If you need more cash than that, they also offer title loans of up to $ 25,000.
Check Into Cash offers installment loans and lines of credit, too. When you apply for a loan with them, you can get the money you need within one business day.
4. Advance Financial
Advance Financial offers a special FLEX program that provides borrowers with loans of up to $4,000. Depending on the state in which you live, the specific loan amount available to you may be a bit lower.
Advance Financial features paperless loan process and same-day funding with participating banks. They offer free bill pay as well.
5. ACE Cash Express
ACE Cash Express offers payday loans at nearly 1,000 locations throughout the country.
They offer payday loans that range from $255 to $1,500. They also offer title loans that range from $200 to $5,000.
ACE Cash Express offers cash instantly in-store, or you can get it overnight when you apply online. They guarantee that you’ll get your money within 72 hours.
6. Check City
Check City is a well-known payday lender that offers payday loans and cash advances in more than 20 states throughout the country.
Check City guarantees that you’ll receive your money within 24 hours of filling out an application.
Check City is accredited and highly rated. They’re perhaps best known for their great customer service.
7. Check ‘n’ Go
Check ‘n’ Go is another popular payday lender that has been in business for more than 25 years.
They have easy qualification requirements, a simple application process, and straightforward loan repayment options. They also have lower financing fees than many other lenders.
LendUp provides payday loans and credit cards to individuals who need money quickly.
In addition to offering loans and credit cards, LendUp also offers a variety of resources that help individuals gain control of their finances and practice responsible borrowing behavior.
They gamify the loan repayment process and make it fun.
9. Speedy Cash
Speedy Cash provides payday loans to more than 4.5 million borrowers in several different states.
Payday loans for speedy cash payday loan borrowers range from $255 to $2,500.
They also offer title loans that range from $300 to $25,000. They offer check cashing services and money order processing as well.
It’s easy to apply for payday loans online when you work with Speedy Cash and you’ll find out within minutes whether or not your application has been approved.
10. Bonsai Finance
Bonsai Finance offers same-day payday loans that range from $100 to $5,000 through the more than 100 lenders that we work with. We offer much higher loan amounts than pretty much any other lender out there.
Bonsai Finance also works with lenders that offers a variety of other loans, including personal loans and lines of credit.
We also offer financial education resources that will help you manage your money and make sure you can repay your loan on time.
Apply for a Payday Loan Today
Now that you’ve gone through the top ten payday loan companies, it’s time to choose which one you want to use to take out a payday loan for yourself.
Of all these lenders, Bonsai Finance leads the pack when it comes to offering payday loans with fair rates and clear terms.
Are you ready to apply for a payday loan?
If so, apply online with us today. We make it easy for you to apply for loans ranging from $100 to $5,000.
While you’re here, feel free to look into some of our other lending services. Here are some other articles you might find helpful:
Your guide to payday loans online direct lenders only
Are there payday loans for SSI and other federal benefits recipients?
Guaranteed payday loans direct lenders
The pros and cons of taking out payday loans