MyPayDayLoan.com provides quick and easy access to payday cash advances to help you through financial emergencies with a free payday loan offer for first-time customers.
First-time applicants can receive up to $300 in payday cash advances overnight, and finance fees are waived for new customers as long as you pay off your cash advance in full on your due date.
MyPayDayLoan.com does not check your credit, so almost any applicant can be approved as long as you have been employed for at least six months and have an established checking account.
Once you become a repeat customer, you can borrow up to $1,000 in cash advances any time you need them, which in most cases will be delivered to your checking account overnight, and you can extend your loan as many times as necessary by simply choosing to only pay your finance fee on your due date.
Standard payday loans are for 14 days with an option to extend your loan as many times as you like, and the finance fee for cash advances is $25 per $100 borrowed.
If you apply for your cash advance by 5 PM EST on Monday through Friday, you will receive the payday loan funds the following business day, so MyPayDayLoan.com is a great option in an emergency.
MyPayDayLoan.com offers fast cash advances to help you avoid further financial damage in an emergency with free payday loans for first-time applicants.
Most attractive features: Free payday loan for first-time applicants.
Least attractive features: Finance fee of $25 per $100 borrowed.
Additional Services
None
Minimum Loan: $100
Maximum Loan: $1,000 ($300 maximum for first time applicants.)
Transfer Time: Loans will be deposited the next business day if the applicant is approved by 5 PM EST on Monday through Friday.
Transfer Method: Credit to checking account.
Term/Due Date: Payments are typically due within 14 days depending on your next payday.
Loan Details: First-time applicants may receive up to $300. Second-time applicants may borrow up to $400 and may increase their loan amount by $100 each subsequent time up to $1,000.
Minimum Income: $1,000 per month.
Source of Income: Applicants must be currently employed for at least six months.
Bank Accounts: You must have a checking account that is at least 90 days old with no NSF/Overdraft fees.
Additional Applicant Requirements: No bankruptcies within the past year or multiple bankruptcy filings.
No outstanding payday loans and/or unpaid returned checks.
You must receive more than one paycheck per month.
Application Process: Applicants begin the process by filling out and digitally signing an online application. Once submitted, MyPayDayLoan.com reviews your application and notifies you either by phone or email regarding your status. If your payday loan is approved, you will receive the funds the next business day (as long as you are approved by 5 pm EST, Monday through Friday). In most cases, no further documents or faxing are required.
Important Notations: None
Finance Fee: $25 per every $100 borrowed.
Finance Fee Details: The finance fee will be applied to the initial loan and to the remaining balance after any due date on which the balance is not paid in full.
Minimum Payment: Customers may choose to pay their loan in full, make a partial payment, or extend their loan on an unlimited basis.
Refinance Details: Customers may refinance their loan as many times as necessary by simply electing to pay the minimum amount and extending their loan.
Payment Method: Payments are automatically debited from the applicants checking account on the due date.
Payment Details: All applicants are required to submit a payment request form at least 2 business days before their due date or the entire amount of the loan will be debited from their checking account on their due date.
