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Guaranteed Payday Loan Direct Lenders That Provide Approval

Guaranteed approval payday loan from direct lenders sounds a bit long, doesn’t it. First, let’s take a look at the concept. Next, we will discuss the options, suggestions, and all the finer points.( https://acidcow.com/pics/142611-the-significance-loopholes-and-advantages-of-digital-lending-with-paydaypot.html )

What’s a “payday loan”? A payday loan, which is an unsecured, short-term loan, is typically paid back by your next payday. These loans are usually high-interest and calculated at an annual percentage (APR). However, it is easier to apply for and to get funded directly from bridge.

What is a Direct Lender? A bank, credit union, payday loan lender or another financial institution that direct lends money to a consumer is called a direct lender. Unfortunately, many third-party websites and lenders don’t offer loans. Instead, they act as a broker. Working with a direct lender comes with its own pros and cons. Our article will discuss these in more detail.

What does it signify when an instant payday loans has guaranteed approval? This is a guarantee that you will get approval. There’s one problem. No one can guarantee anything, and no payday loan is any exception to that rule. Even though an instant payday loan may be easy to get and doesn’t require any credit checks, that doesn’t mean it will be approved with 100% certainty. Payday lenders, like other financial institutions, will require you to have proof of income, identify you, and meet other approval criteria. Don’t fall for the trap of “guaranteed approval”!

Find the best direct lenders to get a quick online payday loan.

Let’s cut to it: What is the best payday loan lender that you can get? Here are our top 5 choices:


We’d be remiss to not mention ourselves. Although we don’t provide traditional payday loans and we cannot guarantee approval, our payday loan service is direct and we believe that we are the best option. Bad credit is not a problem. You can borrow upto $500 quickly and pay it back in installments. It’s easy to apply on your phone from anywhere, even while you sleep on Sunday nights. The monthly payments are spread over several months, so that you have time to catch your breath. The best part? Bridge reports directly to TransUnion or Experian, giving you the opportunity to rebuild your credit and improve finances. BridgePayday is available on both the iTunes and Google Play Stores.

Payday Loan Alternative

Many credit unions offer their members a payday loan option or PAL. It’s an installment loan with lower APR which is offered as an option to traditional payday loans. The APR (annual percentage rate of interest) in most cases is less than 36%. These loans are not as easy to qualify for as traditional payday loans, so approval is not guaranteed. Although the credit union is a direct lender, you will be dealing directly with a financial institution determined to put you on the right path. To find out if your local credit union offers a payday loan option (PAL), get in touch.

LendUp is an internet payday lender and financial institution which offers easy approval payday loans. All applicants will need to have ID and a valid bank account. The approvals can be denied, despite advertising stating otherwise. LendUp may conduct a soft-pull credit check to compare your credit score with that of another credit bureau. This won’t have any impact on your credit score, but they’ll still do a credit review. Many reasons could cause you to be turned down, such as income insufficient.


This traditional payday lender opened its doors in 2004. It offers payday loans as well as installment loans and line credit products. Payday loans can be obtained in their retail stores, online or via their mobile app. They are a direct lender within the states they serve, but approval is not guaranteed. As with traditional payday lenders, you will need to have an ID, a pay-stub, and usually a bank account in order to deposit your funds or pay your loan.


MoneyTree is another payday loan lender. It is located in Seattle but operates mostly in the Northwest. Payday loans offered by the payday lender are very similar to CashNetUSA. The payday lender is not guaranteed approval, and they are only a direct lender in the state they serve. To apply you will need an ID, pay stub and a bank card. You have the option to get the money in cash, on the spot, in your account, or on a debit card.

Direct payday loan lenders and 3rd-party lenders

What is the difference between a direct lender or a third party lender? A direct lender is the person who makes the loan to the consumer. The lender will approve your application and then disburse funds to you directly.

Contrary to this, if a lender or app redirects you, or sells your information, you may be redirected to another direct lender or third party website. It is possible that you will receive offers from direct lenders or other third party websites via phone, text, and email. Additionally, data providers and lenders could sell the data from your application.

Sometimes it’s hard to tell if you’re dealing with a third party lender. Make sure you read everything on the website. This includes any loan agreement disclosures and agreements that you acknowledge or accept. You can also view the Terms & Condition and Privacy agreements. If you do your research thoroughly, you can find out if the company has a direct lender or a third-party.

What are the advantages and disadvantages to a direct lender? Direct lenders typically only have one price to lend money, ie. payday loan. Although it will be difficult to compare prices between payday loan providers and apps, you can check out the websites of many. A direct lender will offer you many advantages over a 3rd-party lender. You’ll get fewer spam mails or messages from direct lenders. This is because you will know who’s contacting you, and it is easy to opt-out. You may have your information sold to several places if you work with a third-party lender. There will be many numbers and emails trying to get your attention. Not only are they less secure, but also less legitimate apps and websites. You can find them at the NMLS consumer access site.

Why approval is not always guaranteed

Online payday loan approval is not always 100% sure. There are a few reasons that you may be denied, regardless of which direct lender you use.

  • You don’t have any income. There’s very little chance that you’ll pay back an unsecured lender.
  • You don’t need to provide any form of identification. It is unlikely that a payday lender, bank, or other financial institution will loan you money without your ID.
  • Payday lenders do not require a bank or other account. Some payday lenders may require you to have a bank card in order to withdraw funds and collect money. CashNetUSA and MoneyTree can provide cash disbursement as well as the ability to repay in cash.

Is it okay to have a low or high credit score?

Direct lenders offer payday loans with no credit checks. This is a benefit that many online loans don’t have. It doesn’t matter what your credit score is, or how many times that you’ve defaulted on other loans or credit cards. Payday loans are available to anyone with no credit checks.

Some payday lenders will require you to have a minimum credit score of 600 and a credit report. They may also require a minimum credit score of 600 or other credit bureaus like Clarity Services to verify credit data.

BridgePayday doesn’t care what your credit score is – many bridge’s customers have 500 credit scores or less. This allows our customers rebuild their credit by using our installment loan. It also improves their financial health to allow them to qualify later for more affordable loans and credit products.

What speed can I get my money?

There are a few things you should know about the speed at which you can borrow money from a lender of payday loans or an alternative lender. There are usually three ways that you can get the money.

. MoneyTree, a brick and mortar lender, can help you pay your bills when you get approved for a cash loan. You may need to meet additional requirements in order to be approved for a cash loan.

. Many payday loan lenders permit debit card disbursements. It takes just minutes to fund your debit card loan. But, payday lenders might limit debit card disbursements only to certain debit cards. This can be expensive and limiting. BridgePayday however allows access to most Visa and Mastercard cards.

ACH to bank accounts. The most common option, funds can be sent via ACH to a bank account that is eligible. This takes approximately 1-2 business day. These funds are slower than other options so many borrowers prefer to use cash or debit cards. This option will almost always be offered by every lender.

What to look for from a direct payday loan lender

How do you find the right direct lender for your payday loan? First, do your research:

  1. Compare APRs as well as overall fees. You should verify that there is no hidden fee such as rescheduling charges or other fees
  2. See reviews about each lender and compare their experiences with yours.
  3. Understanding the qualification requirements and the available disbursement options
  4. Ask questions!

After doing your research, it’s possible to find the payday loan direct lender who is best for you. Also, make sure you don’t apply to more than one lender, so long as your credit is clean. Although your preferred lender may not approve, your backup lender could approve you.

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