Best Payday Loans Online in 2024: Top Cash Advance Apps

In times when you require fast cash before your next payday and have been declined by traditional lenders, online payday loans can be a practical solution. These online lenders provide prompt access to funds, usually with straightforward requirements, catering to those in urgent financial need. 

However, finding a trustworthy and reputable lender can be difficult. 

That is why we've reviewed the best companies that can connect you with direct lenders offering the best payday loans online. Our list starts with MoneyMutual, our top pick, and takes you through seven other services, each with their own unique pros and cons. 

Best Payday Loans: Quick Overview

1. MoneyMutual - Best payday loans overall
2. Viva Payday Loans - Loan connections within 15 minutes
3. BadCreditLoans - Easy sign-up process
4. 247FastFunds - Best for guaranteed approval
5. CashUSA - Best for bad credit payday loans
6. 247 Credit Now - Free matching services
7. PersonalLoans.com - Efficient and clear application process
8. Brighter Loans - Most personalized service

1. MoneyMutual - Best Payday Loans Overall

Pros

• Provides same-day payday loans online
• Options for low credit scores
• No extra fees for loan connection
• Has helped 2 million + customers financially

Cons

• Not available in all 50 states

Loan Amount

• Between $200 and $5,000

Why MoneyMutual Stands Out

MoneyMutual provides a seamless process allowing borrowers to easily obtain the best payday loans online, with loan amounts ranging from $200 to $5,000. The company ensures a secure and efficient connection between borrowers and lenders through its online marketplace. Plus, it doesn’t charge any fees for the initial application.

With a track record of serving over 2 million customers, MoneyMutual has established a strong reputation for reliability. Additionally, the quick decision-making by lenders and quick funding make it an ideal choice for individuals in need of immediate cash.

How To Apply

On the MoneyMutual official website, click on ‘Get Started’ and fill out their payday loan application form. This application process should only take about five minutes.

Eligibility Criteria

• Proof of consistent income
• $800 minimum monthly income
• Are 18 years old or older
• Have a valid checking account
• Are a US citizen

Summary

MoneyMutual offers a fast and free application, along with prompt responses from lenders. The company prioritizes security and customer trust. It ensures a safe transaction from the moment of application to the potential receipt of funds in as little as 24 hours.

>>Find the best payday loans through MoneyMutual

2. Viva Payday Loans - Loan Connections Within 15 minutes

Pros

• Accepts all FICO scores
• Wide range of repayment terms
• Get approval decision within 2 minutes
• APR starts at 5.99%

Cons

• Loan terms, details, types, and availability may vary by state

Loan Amount

• From $100 to $5,000

Why Viva Payday Loans Stands Out

Viva Payday Loans stands out for its efficiency, connecting borrowers to loan options in just 15 minutes. Their inclusive approach embraces borrowers with varying FICO scores, catering to a wide range of individuals. 

Offering attractive APR rates beginning at 5.99%, they present an appealing solution for those seeking loans ranging from $100 to $5,000. Plus, you may get flexible repayment periods spanning from 2 to 24 months.

How To Apply

Visit the official Viva Payday Loans website, create an account, and fill in the necessary information. The matching service will then connect you to top lenders of the best payday loans online.

Eligibility Criteria

• Are 18 years or older
• Earn $1,000 or more a month
• Have a valid bank account for direct deposit
• Have a permanent address and residency

Summary

Viva Payday Loans has earned a reputation as a reliable provider of online loans. It offers a wide range of loan options to accommodate diverse needs and ensures a simple approval process for quick access to funds.

>>Find the best payday loans online from Viva Payday Loans

3. BadCreditLoans - Easy Sign-Up Process

Pros

• Quick and easy sign-ups
• No collateral needed
• Completely online loan request process
• Deposits money quickly

Cons

• Website could be more user-friendly

Loan Amount

• From $500 up to $10,000

Why BadCreditLoans Stands Out

BadCreditLoans has been offering its services to borrowers with bad credit scores since its inception in 1998. It provides them with access to emergency loans that are typically not available from traditional lenders.

The application process for loans is quick and straightforward, taking less than 10 minutes to complete. The website also provides clear information about personal loan rates and guarantees fast approval, with some applications receiving approval in under two minutes.

How To Apply

First, fill the payday loan application on the company’s website. From there, you’ll know what loans you’ll be eligible for within minutes, and you can compare and contrast several offers.

Eligibility Criteria

• 18+ years old
• Have some form of citizenship or legal residency
• Provide proof of income
• A checking account for direct deposit
• Phone number
• Valid email address

Summary

BadCreditLoans.com is a flexible platform that serves borrowers with low credit scores by granting them access to some of the best online payday loans. This platform efficiently connects borrowers with multiple offers, guaranteeing competitive rates and a simple application process.

>>Find the best payday loans online from BadCreditLoans

4. 247FastFunds - Best for Guaranteed Approval

Pros

• Auto repayment option
• Provides quick funding for emergencies
• Easy application requirements
• Cash in your account as fast as the next day

Cons

• Limited customer support

Loan Amount

• From $100 up to $5,000

Why 247FastFunds Stands Out

247FastFunds is an efficient service designed to assist you in finding the most suitable online payday loans. By completing a simple form, you are guaranteed approval for loan offers. These offers may range from $100 to $5,000, with potential repayment terms spanning from 16 days to 24 months. 

247FastFunds caters to borrowers with various credit backgrounds, including those with bad credit or no credit. However, interest rates and fees may differ based on the lender and your specific credit situation.

How To Apply

Select the amount you need and click ‘Get Started’ on the official 247FastFunds website to fill out the payday loan application form. From there, you’ll be matched with the best online payday loans that are available based on your credit history and other factors.

Eligibility Criteria

• Are 18 years or older
• Have proof of a steady income
• Are a US citizen or legal permanent resident
• Can provide details for an active bank account

Summary

247FastFunds prioritizes quick access to funds, ensuring that anyone, even those with poor credit, can receive the crucial financial support they need without delay. With guaranteed approval, 247FastFunds is the ideal choice for those seeking the best payday loans.

>>Find the best payday loans online with 247FastFunds

5. CashUSA - Best for Bad Credit Payday Loans

Pros

• Competitive APR and loan terms
• Provides repayment plans for a maximum of six years
• Only performs soft credit checks
• Loans of up to $10,000

Cons

• Old website needs updating

Loan Amount

• From $500 up to $10,000

Why CashUSA Stands Out

CashUSA offers competitive APRs without charging origination fees, providing some of the best payday loans on the market. They match borrowers with loan offers from their partners, with money in your bank account as quickly as the next business day if you are approved.

While the website's design may require an update, it still delivers a user-friendly experience with smooth functionality, SSL encryption, and clear terms. Borrowers have the flexibility to repay the loan within three months or opt for a longer repayment term spanning up to six years.

How To Apply

To start the payday loan application, go to the official CashUSA website and complete the secure online form on the official website. From there, you’ll be connected to a lender. Review the offer presented and make a decision. Funds are usually deposited as soon as the next business day.

Eligibility Criteria

• Be at least 18 years of age
• Be either a US citizen or a permanent resident
• Have a minimum of 90 days of employment
• Satisfy your lender's income requirements
• Possess a checking account under your name
• Provide valid contact information

Summary

CashUSA.com is committed to assisting anyone in need of quick cash with its convenient and straightforward sign-up process. It also offers adaptable repayment choices and the opportunity to borrow up to $10,000.

>>Find the best payday loans online from CashUSA.com

6. 247 Credit Now - Free Matching Services

Pros

• Borrow up to $35,000
• Charges no hidden or surprise fees
• Complete their loan request form in under 3 minutes
• 10 years as a member of the Online Lenders Alliance

Cons

• Not a part of the approval process

Loan Amount

• From $500 up to $35,000

Why 247 Credit Now Stands Out

247 Credit Now is a platform dedicated to assisting borrowers with bad credit in fulfilling their financial needs. Its primary goal is to provide borrowers with a variety of flexible borrowing options that are customized to their unique situations. 

By offering an intuitive website and a simple application process, 247 Credit Now ensures a personalized and hassle-free lending experience. What sets this platform apart is its commitment to providing its services without any fees.

How To Apply

To apply, fill out their application form and receive your approval within minutes of submission.

Eligibility Criteria

• Earn a minimum monthly income of $800
• Are older than 18
• Are a permanent resident or US citizen
• Have a bank account that can support direct deposit

Summary

247 Credit Now’s convenient application and user-friendly website makes it easy for borrowers to explore loan options that perfectly align with their needs.

>>Find the best payday loans online from 247 Credit Now

7. PersonalLoans.com - Efficient and Clear Application Process

Pros

• User-friendly website design
• High variety of lenders
• Loans up to $35,000
• Money deposited by next business day

Cons

• Some lenders require credit checks

Loan Amount

• From $250 up to $35,000

Why PersonalLoans.com Stands Out

If you're looking for an easy way to apply for the best payday loans online, PersonalLoans.com is the go-to platform. The repayment terms typically range between three to 72 months, and the APR varies from 5.99% to 35.89%.

How To Apply

Applying for a loan is incredibly easy. Simply follow the instructions provided on the home page to fill out the payday loan application, and you can receive loan offers in a matter of minutes. 

Eligibility Criteria

• A valid ID
• Proof of regular income
• A checking account
• A fair to good credit score

Summary

PersonalLoans.com is a user-friendly interface that simplifies the process of applying for the best online payday loans. It is also the best option if you’re looking for loans of up to $35,000.

>>Find the best payday loans online from PersonalLoans.com

8. Brighter Loans - Most Personalized Service

Pros

• Provides personalized repayment structure and loan options
• Tons of loans options
• Friendly customer services
• Secured website

Cons

• Clients need to go through credit checks

Loan Amount

• From $100 up to $35,000

Why Brighter Loans Stands Out

Brighter Loans is a leading loan matching service that connects clients with a diverse network of potential lenders, offering a wide range of the best online payday loans. The company is dedicated to meeting the unique needs of its clients by providing customizable loan options.

How To Apply

By visiting the company's website, you can upload your information and documentation to complete the payday loan application, allowing for an approval process in minutes.

Eligibility Criteria

• Are over 18 years of age
• Are a resident or citizen of the US
• Have been employed for over 90 days and make $1000 monthly after taxes

Summary

Whatever your situation is, Brighter Loans can help you find the best payday loans, personalized to your exact needs. Plus, it offers a wide range of loan amounts to meet various financial needs.

>>Find the best payday loans online with Brighter Loans

How Do the Best Payday Loans Work?

Are you asking, "What is a payday loan?" The process of obtaining the best payday loans is relatively simple. You can apply for payday loans online or in person at a payday lending store. The lender will typically require proof of income, identification, and a bank account. 

Once your payday loan application is approved, you will receive the funds, which you must repay, along with interest and fees, by your next payday. The repayment terms and interest rates can vary depending on the lender and your state's regulations.

Benefits of Online Payday Loans

The best online payday loans offer several benefits that make them a popular choice for individuals needing quick financial assistance. Let’s take a closer look at a few of them:

• Convenience: The entire process, from application to receiving funds, can be done online without the need to visit a physical location, saving time and effort.
• Speed: Applicants can often receive a decision within minutes and, if approved, may receive the funds in their account as soon as the next business day.
• Accessibility: These loans are more accessible to a wider range of people, including those with poor or no credit history. The requirements for online payday loans are often less stringent than those for traditional bank loans.
• Flexibility: Borrowers can choose a loan amount that suits their immediate needs and often have the option to select a repayment schedule that aligns with their next payday.

>>Find the best payday loans with MoneyMutual

Drawbacks of Payday Loans

Payday loans, while providing immediate financial relief, come with several significant drawbacks that are important to consider:

• High Interest Rates: Payday loans typically have extremely high annual percentage rates (APRs), making them one of the most expensive borrowing options. The high interest can significantly increase the amount to be repaid.
• Short Repayment Periods: These loans often require repayment by the next paycheck, which can create a cycle of debt if the loan can't be paid back on time and needs to be extended or renewed.

How To Avoid Payday Loan Scams

While there are reputable payday loan providers, keep these tips in mind to avoid payday loan scams:

• Research the Lender: Before applying for a payday loan, research the lender's reputation and read customer reviews. Look for lenders that are licensed and regulated.
• Beware of Upfront Fees: Legitimate lenders do not charge upfront fees for the most part. Be wary of any lender that requests payment before approving your loan.
• Read the Fine Print: Carefully read the terms and conditions of the loan agreement. Pay attention to the interest rates, fees, and repayment terms.

Factors To Consider When Choosing the Best Payday Loans

When selecting the best payday loan provider, there are several factors to consider:

Interest Rates and Fees

Compare the interest rates and fees charged by different lenders. Look for lenders that offer competitive rates and transparent fee structures.

Lender Reputation

Research the reputation by looking at reviews and ratings to ensure they have a track record of fair and ethical lending practices.

Loan Amount and Terms

Consider the loan amount and repayment terms offered by the lender. Ensure that the loan amount meets your immediate financial needs, and the repayment terms are manageable for your budget.

Application and Approval Process

Look for lenders that offer a streamlined online application and quick approval times.

Regulatory Compliance

Ensure that the payday loan provider operates in compliance with state regulations. Check if they are licensed and regulated by the appropriate authorities.

>>Find the best payday loans with MoneyMutual

The Best Payday Loans Online: FAQs

Let’s take a look at some of the most common questions about the best online payday loans.

Can You Get the Best Payday Loans With Bad Credit or No Credit?

Yes, it is possible to get a payday loan even with bad credit or no credit history. Payday loan providers typically focus more on your ability to repay the loan rather than your credit score. 

Can I Get the Best Payday Loans Online?

Yes, many reputable payday loan providers operate online. The best online payday loans offer convenience and speed, allowing you to apply and receive funds without leaving your home.

Where Can I Borrow $100 Instantly Online?

There are several online payday loan providers that offer loans as low as $100. Popular $100 loan instant apps or platforms include MoneyMutual and Viva Payday Loans.

Which Payday Loan Is Easiest To Get?

Payday loans with no credit check are often the easiest to get, as they don't require a thorough credit history review. However, these loans may come with higher interest rates and fees. It’s important to understand the costs and fees of payday loans before applying.

How Can I Borrow Money Instantly Until Payday?

To borrow money instantly until payday, you can consider applying for the best online payday loans from companies like MoneyMutual. These loans often have a quick application process and fast approval times, allowing you to access funds within a short period.

Does Illinois Still Do Payday Loans?

Yes, payday loans are legal in Illinois. However, there are regulations in place to protect borrowers, including limits on loan amounts and interest rates.

What Is the Easiest App to Get a Cash Advance?

There are several apps available that offer payday loan advances, like Brigit. These payday loan apps give you access to a portion of your earned wages before your payday.

Best Payday Loans Online: Final Word

In summary, our review of the best payday loans online offers a helpful guide for those in need of quick financial assistance, with MoneyMutual emerging as the top choice. These services are tailored for situations where traditional lending options are unavailable or too slow. 

They stand out for their fast approvals and straightforward processes, providing prompt access to funds for urgent financial needs. While each service on our list has its unique advantages and disadvantages, they all share a commitment to connecting borrowers with reputable and reliable lenders. 

It's important for potential borrowers to carefully review the terms and conditions, understanding the interest rates and repayment schedules. Remember, payday loans should be approached with caution and used responsibly as a short-term financial solution.

>>Find the best payday loans with MoneyMutual