Online Payday Loans and Direct Lenders

Are you looking for online payday loans and direct lenders?  The network of direct lenders working with Personal Money Network will review your request for a personal loan and provide a decision.  Fill out the online form using your computer, smart phone or tablet.  It takes just three to five minutes to fill it out and submit your request for an online personal loan.  Your application will be reviewed to ensure the information you have provided is accurate, and from there your online payday loan application will be redirected to a lender working with Personal Money Network.

What is an Online Payday Loan?

Online payday loans are a type of loan provided to individuals who are looking to borrow a small amount of money over a short period of time.  These are sometimes referred to as a “personal loan” or a “short term loan.”  These loans are usually secured against your next paycheck and are typically intended to be repaid in full on or before your next payday.  There are other types of short term, small dollar loans that may offer longer repayment periods or loans in larger dollar amounts.  The availability of alternate types of loans varies by lender, and Personal Money Network cannot guarantee that all applicants will qualify for these or  other types of online payday loans.  Should your application be approved and you need to borrow a larger amount of money, or would like a longer repayment term, you will have to contact your direct lender to enquire about additional solutions for repayment.

Bad Credit? No Problem!

Personal loans of up to $1,000 can be available through the direct lenders working with Personal Money Network.  Lenders reserve the right to perform a credit check to see if you meet their borrowing criteria.  Some companies may claim to offer payday loans from direct lenders with no credit check, but this is not true.  Every lender will review your credit history. Even if all they do is check to your employment status and review your paystub, this is still a background credit check.  Don’t be fooled by companies that claim they don’t do credit checks.

Online Decision, Secure Process.

Because the process is completed online, it means that you will receive a decision after applying.  There’s no need to wait for a letter to show up in the mail.  Filling out the application takes only a few minutes.  From there, your application is reviewed by a direct lender working with Personal Money Network.  Some lenders are capable of rendering decisions quickly and others may take a little longer.  Should you receive an approval from a lender, you will be redirected to a new page where you can review your loan contract and terms of your agreement.  These terms will vary lender by lender, so be sure to read them carefully.  This way you can avoid surprises when it comes time to pay back your loan. Personal Money Network uses industry standard best practices for internet security to ensure that your information is protected.

Do Online Payday Loans Impact my Credit Score?

The determining factor is to ensure that you pay back your loan on time.  If you are concerned about maintaining your credit score, it might be best if you look into applying for a smaller loan or alternate short term loans.  An online payday loan is not necessarily the right solution for every situation.  Should you be approved for a loan with a direct lender, be sure that you thoroughly read the terms and conditions of your contract and you are aware of your available options.

Am I Eligible to Request an Online Payday Loan?

In order to request a payday loan online, there are multiple factors. These vary by state and by lender.  However, minimum requirements are that you must be a US citizen or have proof of permanent residency in your state and be at least 18 years of age.  There are some states where online payday loans are prohibited.  Please verify that it is legal for you to apply for a payday loan in your state before filling out an application for a loan.  Once you have determined that you are eligible to apply for a loan in your state, you will provide your information on the form in order for your application to be processed and reviewed by a lender.  When filling out the form, please ensure that all of the information you provide is accurate and complete.  Any errors on the application could slow down the process and require that you be contacted by phone to verify the information on your application is accurate before it can be processed.