Top 10 same day payday loans for cash advance with instant and guaranteed approval

Are you looking for a same day payday loan? If yes, then you should consider these top ten same day payday loans. These loans are designed to provide cash advance services to those who are facing financial emergencies. They offer quick approval and instant funds.

Same day payday loans are short term loans that are meant to provide immediate financial assistance to individuals who are facing urgent financial situations. The borrowers can avail these loans within 24 hours from the time they apply for them.
Same day payday loans are very helpful because they allow you to get the money you need without having to wait for days or weeks. This type of loan is ideal for those who are facing unexpected expenses such as medical bills, car repairs, home improvements, etc.

In case you are in a hurry, here’s a short list of some of the best online companies you can use to find same day payday loans with guaranteed approval:
WeLoans - Get online payday loans with same day approval
iPaydayLoans - Instant payday loans with guaranteed approval
US Bad Credit Loans - Get payday cash advance for bad credit
CocoLoan - Get online payday loans with no credit check

1. WeLoans – Get online payday loans with same day approval
When looki ng for a payday loan, receiving the money as quickly as possible is often more important than finding the lowest rate. You are going to repay it in a few weeks using your next paycheck, so a few dollars one way or the other probably matters less than being able to cover urgent expenses within hours rather than the following day.

WeLoans realizes that speed is important in an emergency. Applying with this company takes only minutes, after which you can expect to receive several pre-qualified loan offers within an hour or so. How long it takes to accept one of these and have the money available in your bank account isn’t under WeLoans’ control, but it does seem to happen faster than with other loan brokers.

What makes WeLoans stand out:
Most loan brokers can help you get money in your account the same or the next day, but payday loans from WeLoans are typically processed more quickly than average.

Pros:

• Simple, straightforward application form.
• Places you in contact with suitable payday advance companies right away.
• Payments normally happen faster than with competitors.

Cons:

• Doesn’t always get you the lowest loan fees.
• Bad credit usually won’t prevent you from getting a loan but affects your interest rate.
• The lender transfers money to your account as soon as you sign a contract, but it takes time for banks to process these transactions.

Use WeLoans to get quotes on payday loans instantly >>

2. iPaydayLoans – Instant payday loans with guaranteed approval
Students, seniors, the self-employed, and many others may need instant loans. They won’t necessarily have several months’ worth of pay stubs to prove their income. Luckily, many of the loan broker companies like iPaydayLoans are connected with trusted lenders that are willing to approve people who earn money from a source other than a salary. Some, however, will ask for documentation like bank statements, which may slow down the process of applying and receiving your money if you don’t already have these available.

What makes iPaydayLoans stand out:
While the actual requirements depend on the lender you work with, any stable income (and not just regular jobs) are taken into account by iPaydayLoans.

Pros:

• Can borrow $2,000 or more depending on credit score and other factors.
• Easy to apply even if you don’t have a 9-to-5 job.
• Other kinds of loans, such as installment loans, are available.

Cons:

• More difficult to apply for larger loans.
• Specific income requirements depend on individual lenders.
• Credit score may be checked by lenders before making a firm offer.

See how iPaydayLoans can set you up with a cash advance >>

3. US Bad Credit Loans – Get payday cash advance for bad credit
Most payday loan brokers require you to have a predictable source of income. This may be from disability payments, a pension, social security, self-employment, or any other reliable source. If you have a regular job, though, US Bad Credit Loans may be able to get you an instant loan more cheaply.

In particular, steady employment may cancel out a bad credit history, at least to some extent. This leads to paying less interest, which is certainly an advantage especially on larger loans.

What makes US Bad Credit Loans stand out:
Customers with a stable job can usually get better interest rates using US Bad Credit Loans, whatever their credit score.

Pros:

• Credit score doesn’t matter as much as with other loan brokers.
• Works with a wide range of lending companies.
• Earning money from formal employment counts in your favor.

Cons:

• Final approval depends on the lending company and not US Bad Credit Loans.
• May have to wait several hours for a competitive loan offer.
• Mostly good for smaller loans of under $1,000.

4. CocoLoan – Get online payday loans with no credit check
Many people who don’t use loans much – including forms of credit like store cards, mortgages, and credit cards – may have fair to good credit but won’t be able to answer the question: ‘what are payday loans and how do you apply for them?’ CocoLoan serves this kind of people with a simple, clear application and approval process.

People with better credit scores will generally receive good deals on cash advances through CocoLoan. Other kinds of loans, like personal and title loans, are also available.

What makes CocoLoan stand out:
Not everybody is an accountant or knows exactly how to apply for a payday loan. CocoLoan will walk you through the process step by step so you always know what’s going on.

Pros:

• Straightforward, user-friendly application form.
• People with good credit can borrow larger amounts, including installment loans.
• Will usually receive money before or on the next business day.

Cons:

• CocoLoan can’t interfere in the agreement between you and the lender – be sure to read it thoroughly.
• Not many independent reviews available online.
• Anyone with very poor credit is probably better off with a different loan broker.

5. OppLoans – Quick same day loans guaranteed approval
Several financial companies have realized that people with low credit scores can still be valuable customers for instant loans. OppLoans, which offers loans of between $500 and $4,000, is one of these.

This is one of the few companies offering payday loans with no credit check: your FICO score isn’t examined, though other factors that amount to basically the same thing are checked. In other words, OppLoans offers superior deals to some borrowers but not others – the best way to find out is to ask for a quotation and compare with those from other loan brokers.

What makes OppLoans stand out:
With most loan brokers, you end up dealing with the actual lending company at some point; OppLoans takes care of all the administration so you only have to talk with them.

Pros:

• Generally excellent customer reviews.
• Report loan repayments to credit bureaus, improving your score over time.
• Good customer service and support.

Cons:

• Minimum loan amount is more than what is necessary in many circumstances.
• Loan fees are only about average for payday loans.
• Larger loans are only available to select customers.

6. BadCreditLoans – Easy approval payday loans for bad credit score
A good alternative to a bank loan if your credit isn’t terrible but not great either, BadCreditLoans provides instant loans at a good interest rate. Funds are generally available on the same business day you enter into an agreement with a lender, or the following day. You cannot borrow less than $500, which you are expected to pay back in anything from 3 months to 3 years. A low credit score will usually restrict you to taking out less than $1,000, limiting your options.

BadCreditLoans doesn’t charge any origination or other fees to its customers. Instead, it makes some of its money by forwarding your details to other financial services providers who may end up contacting you.

What makes BadCreditLoans stand out:
BadCreditLoans can supply you with installment loans relatively cheaply, assuming your credit score is above 500.

Pros:

• Customers with relatively good credit and a high income can request up to $10,000.
• Generally competitive interest rates.
• More affordable repayments than most payday loans, with minimum periods of 3 months.

Cons:

• High minimum loan amount.
• Relatively poor customer feedback.
• Share customer information with advertisers.

7. CashAdvance – Instant payday loan for quick approval
Loan brokers like those featured on this page aren’t lenders themselves but middlemen. Their business is to connect borrowers with suitable financial companies. If they have relationships with many of these, they are that much more likely to find a good interest rate whatever your needs.

Unfortunately for freelancers, the self-employed, and so on, CashAdvance has more restrictive income requirements than many others. Assuming you qualify, though, this company can generally find several loan offers you are pre-approved for within a short amount of time.

What makes CashAdvance stand out:
CashAdvance works with a very large number of lenders, improving your chances of getting a good deal no matter your credit score.

Pros:

• Can potentially borrow up to $10,000 and repay it over 12 months.
• Simple application process makes it easy to compare different loan offers.
• Relatively quick responses.

Cons:

• Minimum income requirement of $1,000 per month (after tax).
• Only employment income is accepted, plus you have to have had the same job for 3 months.
• Can’t borrow less than $200 at a time.

8. Fast Title Loans – Get small payday loans with no credit check
If you already know your credit score, you may be able to find better terms by approaching a loan broker that likes to work with people with your financial profile. When you’re faced with a financial emergency, though, this is an extra step you may not have time for. In this case, starting your search for a payday advance with Fast Title Loans can be a good idea.

Their interest rates are generally comparable to those you can get through other loan brokers, while they can usually supply you with quotations more quickly than most similar companies. Your credit history will have an effect on the interest rate you’ll have to pay.

What makes Fast Title Loans stand out:
Fast Title Loans allows anyone to apply for a loan regardless of credit score with a good chance of success.

Pros:

• Typically responds with loan offers within an hour or two.
• Can borrow small amounts or up to $5,000.
• Simple, secure application process.

Cons:

• Approval is not guaranteed.
• Interest rates and other loan conditions are decided on by lenders, not Fast Title Loans.
• Relatively young company without much online feedback.

9. US Title Loans – Get online payday loans for bad credit
On the other hand, it makes a lot of sense to choose a loan broker that ends up finding a payday loan solution for the vast majority of their customers. In many cases, this means that borrowers with poor credit scores and little regular income will have to accept high interest rates.

You can count on US Title Loans and its network of reputable lender partners to help you out until your next paycheck. Judging from its name, you may think it can only help you find title loans only, but actually they can help you get multiple lender options, which increases the likelihood that you will be able to get the loans for your needs.

What makes US Title Loans stand out:
US Title Loans is a good middle-of-the-road loan broker with a reputation for going the extra mile to help their customers.

Pros:

• Can apply for small as well as larger loans even with a low credit score.
• Can get payday loans with no credit check (this depends partly on the lender).
• Possible to move quickly from application to receiving funds.

Cons:

• Interest rates aren’t especially competitive.
• US Title Loans are not responsible for lenders’ policies.
• Approval rate is high but not guaranteed in any particular case.

10. US Installment Loans – Payday and other loans tailored to your needs
Unless you have some experience with applying for loans, it’s not always easy to figure out which kind will work out best for you. If you aren’t quite certain, it’s probably a good idea to choose a loan broker that handles cash advances as well as other types of loans and will be able to steer you to one that will suit you.

This applies whatever kind of credit you have. US Installment Loans may, for instance, show you offers for loans with longer repayment periods but smaller installments, making them more affordable.

What makes US Installment Loans stand out:
US Installment Loans can often supply you with an affordable loan even if your credit score isn’t fantastic.

Pros:

• Any kind of credit score can be accommodated.
• Relatively quick decisions on pre-qualification.
• No hard credit check is run until you request final approval.

Cons:

• Customer service can be difficult to contact.
• Not a dedicated payday loan company; offers other kinds of loans too.
• Hasn’t been in business for as long as some other loan brokers.

What should you be careful about when choosing a payday loan?
One of the main reasons for using one of the loan brokers above is that they make it easy to compare different loan offers side by side. The rate you will see, however, assumes that you will be responsible about repaying the money on time. Payday loans typically come with penalty charges if you miss one or more due dates.

This is the main danger of cash advances, you may end up owing significantly more than you borrowed if you don’t pay the lender back promptly. For this reason, it’s important to borrow only the right amount of money even if you need cash urgently (and not optional purchases that can wait).

It is also a good idea to check that the lender you choose is a member of the Community Financial Services Association of America (CFSA). This body sets professional standards relating to clear communication of terms and conditions, collection practices, and other aspects of the payday loan business.

What are the requirements for online Payday Loans?
The whole idea behind payday advances is that they should be as quick and easy as possible to get. Lenders won’t put too many hurdles in your way, but there are some minimum criteria you have to fulfill for legal reasons. Specifically, you have to:

• Be 18 years of age or older
• Be a U.S. citizen or permanent resident
• Be able to prove your identity and address
• Have a checking account in your name
• Supply contact details like an email and phone number.

Individual lending companies may have additional requirements, such as a minimum monthly income or credit score.

Final thoughts
Due to their cost, payday advances should be seen as a last resort to be used only in case of emergency. When you need one, though, they can be incredibly useful. No matter how much of a rush you’re in, it pays to shop around for the best deal. This is exactly what loan brokers are all about. Any of those mentioned above will typically give much better rates than looking for payday loans near me, precisely because they are comparison services and not lenders themselves.