Man getting approval for fast payday loans in Florida

Online Payday Loans Explained For A Quick Cash Fix

You don't have to wait for your next paycheck if you need cash now. As long as you have a job that provides you with income and an open checking account, you can get an online payday loan with Fast Payday Loans, Inc. to help cover unexpected expenses and stay on track with your bills.

Fast Payday Loans, Inc. has safe options for a quick cash fix with our online payday loan program. Basically, you can borrow money backed by the fact that you have a job so you can pay it back with your next paycheck. You could get approved for quick cash of up to $1,000. 

Want to know more? Keep reading to find out.

What Is An Online Payday Loan?

An online payday loan uses your employment and income level to back a short-term loan for between paychecks. Money goes fast and unexpected expenses come up all the time. 

You don't need anything as collateral and your credit history isn't a determining factor in our approval decision. You can have bad credit or no credit at all and you could still get approved.

The online payday loan is different than the regular one because you can complete the whole process without ever visiting a store location. You start the inquiry online. You speak to a representative over the phone. Then, you can have the loan agent meet you at a location of your choosing. They will come to your home, place of employment, park, or even a restaurant. We want it to be as convenient for you as possible.

online payday loans explained for a quick cash fix

What Do I Need To Get An Online Payday Loan?

We require four things to qualify for an online payday loan. You need a state-issued photo ID, for starters.

You'll also need your most recent paycheck stub. This helps with our determination of how much you're approved to borrow. You'll need to repay the loan, usually with the next paycheck, so it's important we see the most recent pay stub you have so we know what's reasonable.

You need your most recent bank statement from your checking account in your name, as well. Your checking account can have someone else's name on it with you but you must have one in your name, as well.

Finally, we'll need a blank check from your open, active checking account.

How Do I Get the Quick Cash If I'm Approved?

Once you're approved, you'll sign a few documents for the loan representative. You'll get your cash deposited into your checking account either later that day or the following business day.

Generally, if your approval is granted early enough in the day, you'll get your cash that same day. But, sometimes the approval comes at a time that's too late in the business day. In that case, you'll get the money for the following one.

How Do I Repay the Loan?

You will repay the loan starting the next paycheck date. It's customary that you pay back the payday loan as soon as your next check comes in. You'll want to check with your loan specialist to make sure this is your option. We also have an online payment portal you can use to complete your loan payments. It's an easy and convenient way to keep up with your loan requirements!

applying for an online payday loan

What Happens If I Can't Pay My Loan On Time?

Should you fall on hard times trying to repay your payday loan, you can always reach out to us and let us know the situation. Many times, our trained representatives can help you to figure out your loan repayment. 

It's worth giving your local branch a call if you know you can't make a payment or can only make part of one.

How Much Can I Borrow?

There isn't a set amount that applies to all people as to how much you can borrow on a payday loan. However, it's pretty simple to explain how this works. 

The maximum amount you're allowed to borrow using your paycheck is $1,000. That's not what you're allowed to get, though, if all you make is $1,000 a week. Our decision is based on your ability to repay, so your paycheck amount is important.


Don't be afraid to ask for help. If you need a little extra cash, you can go to our homepage and fill out the inquiry form now. Once we receive it, we will reach out to you shortly after to get the loan process started.

Getting the fast cash you need to handle a financial emergency is easier than you think with a payday loan. If approved, you may get the money you need the same day you need it!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Emma Frost

Emma Frost is a lifestyle and finance blogger with a talent for communication and a passion for financial literacy. She uses her writing talents to explore topics that help her readers gain financial stability and growth.