If you’re in an emergency find out your options for getting easy payday loans instantly, even with no or bad credit.

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Loans are a lifesaver, especially if you financially get into a pinch. But some personal loans take a while to get processed and require a lot to get approved.

If you don’t have the luxury of waiting to get approved for other kinds of loans, payday loans are an option. These loans are widely available in the United States, even for those with lower credit scores but you need to make sure you are borrowing from a legit lender.

In this article, we’ll discuss everything you need to know about instant payday loans with easy approval: the approval process, requirements, what you can do to have a better chance of getting approved, and what other loan options you have.

What are Instant Payday Loans?

Instant payday loans are low-dollar, short-term loans with loan amounts based on your current income or a portion of your paycheck. They provide fast access to cash with approval times ranging from a couple of hours to a day.

They are relatively easy to get and don’t need a lot of requirements, with some only doing soft credit pulls, which would not hurt your credit score. However, the catch is that these loans typically have high-interest rates in exchange.

Don’t let this scare you, though. When handled responsibly, payday loans are helpful, fast cash aid.

Common Requirements for Payday Loans

Payday loan requirements can vary depending on the lending company, but most will likely require the following:

  • 18 years old and above
  • With proof of income for a certain amount of time
  • Active bank account
  • Government-issued ID

Before you take out a short-term loan Payday loans, installment loans and auto title loans come with high rates and fees which can trap you in a cycle of debt. Borrowers may find themselves taking out a second or third loan because they couldn’t pay back the first one on time.

A payday loan should be used in emergency cases and as a last resort.

What Do I Need to Get Approved for an Instant Payday Loan?

Most lending companies would accept applications for payday loans even from people with bad credit scores. However, you should expect a low credit score to affect your chances of getting approved for a loan.

In turn, there are things you can do to make sure you’re putting your best foot forward regardless. Here are they:

  • Double check the requirements – Before submitting your application, it’s best to review the basic requirements of your lending company to avoid any hassle in the approval process. It will also help you estimate your chances of getting approved on the get-go.
  • Apply for the loan amount relative to your income – Since payday loans are paid on the next payday (typically after 2 weeks), lenders will consider your income to determine if you can pay your loan. To speed the process up, indicate your desired loan amount as close to or lower than your current income.
  • Make sure all your details are true and accurate – Making sure all the details you provide your lender are true will also speed up your approval process and identity verification.
  • Verify if your lender is trustworthy – You should also try to learn more about your lender before submitting your application. You can check them out online or ask the people you know if they had any experience with the lender. Perhaps you can get more insight into how they got approved by the lender.

Can I Get Approved for a Payday Loan With Bad Credit?

For the most part, you don’t have to worry too much about getting approved for payday loans, even with bad credit.

This is because payday loans are designed to be short-term cash solutions that are easy to get. Still, there is no guarantee that you will get approved for a loan.

Payday loan application usually only takes a few minutes, and the waiting time for approval is within the day of application. Of course, some of the reasons you can get rejected for the loan are your borrowing history, credit score, and income. But, approved or not, you won’t waste a lot of time waiting for an answer for these loans.

Reliable Online payday loans

Instant payday loans can be obtained in the comfort of your home nowadays. There are also a lot of lending companies available online but take into account if the credit company you want to apply to has services available in your state.

So what payday loans are easy to get? Here are some of the best instant payday loans online with guaranteed approval:


CreditNinja offers payday and installment loans up to $5,000. They are a legit lender, offering loans to people with fair and bad credit with approvals in 24 hours. They do charge an origination fee but funds can be depositied in as little as 1 business day.


CashUSA offers payday loans from $500. This platform connects you to their lender network to find the company that will match your needs and payment capabilities. They also provide clear and thorough loan terms, so you don’t have to worry about hidden charges.


ClearViewLoans is a platform that connects you with an approved lender to process your loan. It’s quick and hassle-free, offering $100 to $5000 loans depending on your qualifications. It also has clear repayment terms.


iPaydayLoans is a platform partnering with direct lenders to connect you with the lender that will suit your application. Their loan approval process takes around a day. People with bad credit scores are still considered, though with offers that have even higher interest rates.


24/7CreditNow.com provides a way to apply for a fast payday loan securely. They offer loans from $100 to higher loan amounts. However, Loan APR information is not readily available for consumers, so be careful in reading their repayment terms.

Alternatives to Payday Loans

Payday loans can be a risky move for some because of really high-interest rates and fees. They also require you to pay in full on your next payday, and failure to pay can hurt your credit score or cause you to extend your loan terms, which means a new set of fees.

If you don’t think you will be able to handle the responsibility of a payday loan, here are some of the alternatives you can try:

  • Borrowing from friends or family – If you have friends or family you can reach out to, borrowing from the people you know is a good alternative to payday loans since they can be more lenient with payment terms and interest fees.
  • Pawning/Selling Belongings – Check if you have valuables you can pawn or belongings you no longer need but still have great value. You can sell them on online buy-and-sell platforms such as Depop or eBay.
  • Bad credit score personal loans – Some lenders also offer longer-term personal loans with fast approval time targeted to help people with bad credit scores.
  • Cash advance/Credit card loan – Cash advances have high-interest rates, but probably not as high as payday loans.

Wrapping up

Payday loans are one of the easiest and quickest ways to get emergency cash. We hope this guide will help you find the perfect lender for your needs and get your cash within the day.

Loan Reviews

Online personal loans for Americans with good and excellent credit.

Best Egg is an online lending platform that helps people who have good to excellent credit get fast loans up to $50,000. Watch out for the origination fee and if you have bad credit you're better off applying elsewhere. 

Debt consolidation loans for people with bad credit.

Have bad credit and in an emergency? Get a same-day loan up to $2,000 with MoneyKey. MoneyKey is a legit lender with an easy online application, quick approval and fast funding.

Red Arrow Loans provides fast funding for loans up to $5,000 and terms up to 12 months. They are a legit lender but watch out for fees and marketing from 3rd party companies.