Traditional Loan lenders take eternities to approve a loan. Not to mention the tiring paperwork that adds to the stress. But with the advanced technologies, no more running after lenders to get your loan approved in dire times! We’re talking about online money lending platforms.
The countless perks of opting for these platforms include hassle-free loan request submission from the comfort of your home, fast transfer of funds, multiple loan offers, no credit check (for 1-hour payday loans), the fixed APR range, free-of-cost service, and much more.
In this article, we have compiled a list of reputable and trustworthy loan lending companies that have several potential lenders in their network and where you’ll find a prompt solution to your problem without any further delay!
However, it is pertinent to mention that the companies reviewed below only serve as a bridge between the borrower and lender and do not lend the money themselves. Therefore, once the platform performs its job, it steps aside.
One Hour Payday Loans For Bad Credit Score Online [Full Review]
- Money Mutual
- Bad Credit Loans
- Personal Loans
For more details on how each of these companies works, keep reading!
1. Money Mutual
When it comes to the fast transfer of funds, Money Mutual comes first to our mind. However, there are numerous other reasons why we consider this platform the best of all.
First of all, there’s no way that you’ll run out of options if you have chosen Money Mutual since it has more than 82 potential lenders in its network, which can lend you up to $5000 on short notice.
To date, Money Mutual has helped more than 2,000,000 people that have come their way. Hence, the reputability and trustworthiness of this platform can’t be questioned at all! Several people can be seen vouching for their free-of-cost service in their review section.
This site specifically can make the best option for those looking out for a 1-hour payday loan. It has numerous short-term lenders willing to lend the amount required right away without any unnecessary hassle and bad credit check pull.
Therefore, if you are an 18+ US citizen, have proof of steady income – be it your salary or benefit amount you receive and an active checking account in your name, consider yourself eligible for the loan.
The process starts with filling out the application form that initially requires information about your residency, employment, and ability to repay the loan. Now, here some of you might have concerns regarding the safety of your personal information, which are absolutely correct.
But nothing to worry about as long as you’re using Money Mutual since it uses a fool-proof security system – “256-bit encryption from Norton Secured” to make sure none of your sensitive info is leaked.
As soon as you hit “submit,” the platform starts performing its job. Your request is circulated among the lenders available, and in no time, you start receiving offers. Once you receive an offer that fits your requirement description, feel free to take your time reviewing all the terms and conditions in detail.
If, after going through the offer sent by the lender, you don’t receive support from your gut instinct and don’t feel convinced, turn it down without hesitating. You won’t be charged for this at all. Now, you can start over and fresh.
However, if that’s not the case, and you accept the offer, you’ll be redirected to the lender’s website for further proceeding. At this point, the lender might ask for some additional information and, finally, your e-signature.
After finalizing things, you’ll receive your loan money in more than 24 hours in your active checking account, which you’ll have to pay back within a few weeks. (as decided with your lender)
Things we liked about Money Mutual
- Fast transfer of funds.
- A vast network of lenders.
- Loan amount up to $5000.
- No credit check is required.
- Quick loan approval
Things we didn’t like about Money Mutual
Not a direct lender, therefore, doesn’t guarantee a loan.
What Do Others Have To Say About Money Mutual?
Other credible sources as badcredit.org, have a lot to say in support of money mutual. Customer reviews from several sources also confirm that Money Mutual is a legit source that can save you from falling prey to predatory lenders out there!
⇒ Visit the Official Website of Money Mutual
2. Cash USA
Cash USA is mainly known for providing personal loans of up to $10,000 to the people in need. However, cash USA has no limitation to its resources when it comes to helping people out in urgent times.
With its vast network of trustworthy lenders and external marketing partners, it always comes up with a suitable solution for your financial needs.
While other traditional lending means cost you heaps, Cash USA ensures that the lenders in its network charge you with the given APR range – 5.99% to 35.99%. Therefore, no matter what fluctuations take place in the market, you’ll not be affected.
The loan request submission process is quite simple, and it won’t take more than 5 minutes of yours!
To get started with your loan application, you’ll have to visit Cash USA’s official website, where you’ll be asked to fill out a simple form.
The very first page will ask you about the amount you want to borrow, and the following pages will require information like proof of American citizenship – a social security number, a steady income source, your locality, and date of birth, etc.
Don’t fret because of all the inquiries they pull on you, as your personal information is in safe hands. Cash USA has employed industry-standard encryption to protect your data from slipping into the wrong hands.
This whole process might seem like a lot to deal with, but you’ll be done with submitting your request in a matter of few minutes. And then all you have to do is sit on your couch and let the offers keep coming in.
Once you receive the offer of your choice, finalize it by reviewing the T&C’s and signing the agreement to get your loan amount within a day.
Suppose, due to any reason, no offer shows up. In that case, a small portion of your personal data will be transferred to some third-party agencies by Cash USA to provide you with an alternative solution like debt relief or bad credit repair.
You can also benefit yourself from the education center of Cash USA to get a better insight regarding credit, financing, banking, and debt issues. As far as we have visited that section, we found some pretty helpful articles on how you can manage your budget, loans, and debts.
Things we liked about Cash USA
- Fast transfer of funds.
- Easy repayment of the loan – in up to 72 months.
- Free of cost service.
- The education center of Cash USA contains useful articles.
- Lenders allow you to set auto payments; hence, no missing payments.
Things we didn’t like about Cash USA
Not a lender itself.
What Do Others Have To Say About Cash USA?
We looked through various credible sources like moneyunder30.com to make sure that we have got it all right about Cash USA, and it added to our confidence to see that it also had enlisted multiple reasons to trust Cash USA.
Therefore, consider the information cross-checked already! Feel free to take a step ahead and trust Cash USA with your money needs.
⇒ Visit the Official Website of CashUSA
3. Bad Credit Loans
If you have been probing for the best short-term loans, waste no more time as Bad Credit Loans has your back. During emergencies, it can lend you a helping hand by being as less inquisitive as possible.
Bad Credit Loans is well-praised for providing uncomplicated loans in record timing. In addition, its easy-to-use website makes it straightforward to apply for a loan and grab financial support as quickly as possible.
Scams are inevitable in online dealings, but luckily, the company seems well-aware of the issues. On its official website, it has already confined an entire section to alert you about several scams to ensure “easy, fast and, secure loans.”
Loan lending can be quite tricky, especially when it comes to returning on time. But, here, you are again offered free of cost help in the form of a detailed guide which is not only about winning a loan but also about spending it wisely and returning timely.
It is quite easy to apply from the official website of Bad Credit Loans. Fill the online form and provide the information regarding your age, citizenship, source of income, and so on. Soon, you’ll enter into the extensive network of many payday lenders and banks who offer you loans without caring about your bad credit check.
You can get loans as fast as in one business day by qualifying the eligibility criteria. Most probably, you will be approached by various lenders and loan offers in a few minutes. Choose the one which is the most comfortable for you in terms of interest rates and repayment schedule.
Bad Credit Loans has no T&C’s or fees, but the different lenders do have some, and you will be entitled to them once you accept any offer by your e-signature. The repayment schedule is different for every company, while the loan term may vary between 3 to 36 months.
It has whatever you need at all in your monetary hitches, offering from $500 to $10,000. Depending on your circumstances, you can go for shorter or larger loans. When you are barred by other lenders due to bad credit-related issues, Bad Credit Loans can be your only way out.
You are under no obligation to accept any offer which doesn’t match your settings. But once you sign a contract, you are obliged to that lending company’s terms and conditions. So we always put high emphasis on comparing and reviewing different companies to make the best decision for ourselves.
Things we like about Bad Credit Loans
- It claims to “help when others can’t,” and rightly so.
- Presents an honest platform for comparing rates
- Offers loans even with bad credit check
- Advocates great insight into scams and loan taking through well-informed blog posts.
Things we don’t like about Bad Credit Loans
Not a direct lender.
What Do Others Have to Say About Bad Credit Loans?
Bad Credit Loans has been helpful to people with even less desirable credit check histories as customer reviews from financer.com enlighten us. Their customer service is also remarkable and praised by everyone.
Though the interest rate may be higher, you are never rejected because of your credit check history, as the company goes to every extent to provide you with a loan.
⇒ Visit the Official Website of Bad Credit Loans
4. Personal Loans
As obvious from the name, this loan lending platform mainly focuses on personal loans. From auto-repair to apartment rent and medical bills, personal loans have lenders to provide you with immediate assistance.
To help people from falling victim to exorbitant interest rates, the company has fixed an APR range, which is 5.99%-35.99%. The lenders in its circle are not allowed to charge more than this, irrespective of market fluctuations and bad credit check. Which is something we consider a win-win situation!
On the official website, the company has also stated examples of how APR will be charged depending upon how much time you take to repay the loan. For example, for an $8,500 loan, the APR charged will be 6.99% if you decide to pay it back within two years. Simply put, the total amount you’ll have to pay back will be $9,132.68.
You start with the typical loan application requiring you to submit personal information like your age/date of birth, employment history, last four digits of SSN, and email address. It will also ask if you’re an active military member or not.
The good thing that we noticed about Personal Loans is that its website is full of useful information and for everything asked, a solid reason is stated. It makes you confident that whatever information you’re providing is for loan lending purposes only.
On submitting your request, real lenders will start sending you offers. Now comes the step that requires most of your attention. While many of you might think that all you need is to read the agreement from the first to the last word and then finalize it, it’s not what we are saying. What we want you to do is to think from all aspects critically.
For example, if a lender has sent you an offer with short repayment terms, you should ask yourself whether you have the sources to pay it back that soon? Or you want more time, and a loan with an extended repayment period will help.
The excitement of getting a proposal might push you to accept it right away without considering the hidden aspects, but that would be a blunder! Therefore, don’t hesitate in declining an offer you can’t afford to stick with.
Start again from the beginning, and this time, you’ll get what you want!
Personal loans‘ lender community is generous enough to offer flexible repayment terms. Therefore, if you’re afraid that you won’t be able to pay back the due amount on the due date, feel free to state the situation to your lender and request a later courtesy due date. This will save you from hurting your bad credit check.
Things we liked about Personal Loans
- Trusted by numerous customers.
- Offers larger loans amounts.
- Flexible repayments terms.
- Easy-to-navigate website
Things we didn’t like about Personal Loans
No hour payday loans are available.
What Do Others Have to Say About bad Credit Loans?
Its customers have been seen emphasizing how reasonable APR the hour payday lenders in its network propose compared to the other big banks. Many of them also appreciated that everything was according to the agreement, and no unseen fee to be paid showed up.
⇒ Visit the Official Website of Personal Loans
5. Bills Happen
This is the platform that understands that BILLS HAPPEN! Inevitably. They don’t care whether you have a budget or not. They don’t care if any medical emergency or auto-repair has already cost you enough and you don’t have much left to pay for them.
Support local journalism by subscribing to your Blank Slate Media community newspaper for just $35 a year.
So, if something sudden and unfortunate has messed up your monthly budget too and you need cash immediately without any hassle, Bills happen is the option for you! It is yet another platform on our list that links borrowers with potential payday lenders from its network that can lend up to $5000 irrespective of the bad credit check.
With Bills Happen, you can save a lot of time and effort that is needed to run after different payday lenders in person. All it takes is submitting a simple loan application from the comfort of your home via your laptop or even phone.
So no matter where you live (within the 50 states of America) and what time it is, you can log on to Bills Happens’ official website and request a loan. The basic requirements of the platform to qualify you for a loan include your state driver’s license, your SSN, phone number, a personal bank account, home address, and income source (to know that you’ll be able to pay back the loan amount). Not to mention that you should be 18 years old or above.
The rest of the process is similar to other loan lending platforms, as discussed before. You start with providing all the information required and then wait for lenders to reach you out. On receiving the desired offer, you finalize by signing the contract. And, the funds are transferred to your account in no longer than a day!
A fixed range of interest rates is not specified by the platform. Therefore, it will vary for every person depending upon the condition of bad credit history. However, don’t worry about any hard credit pull as the company ensures that only a soft credit inquiry will be performed once you have approved terms and conditions from your side.
Things we liked about Bills Happen
- The platform welcomes people with all sorts of credit scores.
- Funds are transferred within a day.
- It has an extensive lender network.
Things we didn’t like about Bills Happen
Not a direct lender.
Insufficient customer reviews online.
What Do Others Have to Say About Bills Happen?
As we checked through the web, we realized that reviews about Bills Happen are scarce. However, one thing that adds to its credibility is that many reputable sources, such as badcredit.org, have been seen promoting it. Also, the platform is yet to be accredited by the Better Business Bureau too.
⇒ Visit the Official Website of BillsHappen
6. Credit Loans
With numerous positive feedbacks, Credit Loans is one the of best options to consider for a personal loan of up to $40,000. But that’s for excellent credit holders only. The community we are addressing, particularly in this article, might not fit in this category, but no worries!
Credit Loans also has a section explicitly made for bad credit holders. Therefore, no matter what is the condition of your credit report, some lenders from the Credit Loans’ community will willingly help you out. However, the limitation is that you can’t borrow more than $5000 with bad credit.
The credibility of this loan lending company can not be questioned for any reason since many reputable big names have been seen vouching for it. Not only that this platform provides financial assistance in the form of loans, but it also educates its visitors as to how they can achieve financial freedom and, consequently, peace of mind.
Since 1998, more than 33 million people have benefitted themselves from the free-of-cost service the platform has been tirelessly providing.
The process is quite simple and smooth. You start with applying for a loan online through the official website, where you’re initially asked about your state and residency, your age, and your source of income – details like when and how often you’re paid, whether it’s the benefits you’re living on or a permanent job.
However, please note that if you reside in Newyork or Connecticut, your application might not be entertained.
Once you have provided all the required information, you rest, and the platform does the work. The next step is reviewing the proposals sent by the lenders. Let’s say you find a suitable bid. On accepting its terms and conditions, you’re directly engaged with the lender, and the platform steps aside.
However, remember that before you proceed with anything, you should read the agreement carefully. A few customers have been seen complaining about the interest rate and fees charged by the lender. In contrast, the lender had mentioned everything beforehand. This happens when you don’t pay attention to what you’re signing up for.
After you have signed the contract, your funds are sent to your bank account within 24 hours. Sometimes, it might take more than 24 hours, depending on the mode of transfer chosen by your lender.
Things we liked about Credit Loans
- Reputable source.
- BBB accredited.
- Trusted by millions of customers.
- Secure site.
Things we didn’t like about Credit Loans
- Doesn’t accept applicants with any history of bankruptcy.
- Not the direct lenders.
What Do Others Have to Say About Credit Loans
When it comes to customer reviews and expert opinions, Credit Loans leave everyone behind. It has a sterling A+ better business bureau rating with no complaints filed to date. It has also been featured on Forbes, Newyork times, CNBC, and badcredit.org.
Numerous verified positive reviews on its official website can also be seen. In a nutshell, Credit Loans are a big thumbs up, in our opinion!
⇒ Visit the Official Website of Credit Loans
7. Cash Advance
Are you in a hurry? Do you need cash-in-hand immediately without having to go through the harsh credit checks? This is the unquestionable solution for you!
The company has been in the business since 1997 and has helped multiple people in dire times. The lenders from Cash Advance can give you up to $1000 without asking for your credit score. However, remember that such loans come at a higher interest rate.
Since lenders of this don’t make you wait for the money, they expect the same back from you too. How? Be obliging you to return the loan money back within two to four weeks, inclusive of the interest rate, and in full.
While your emergencies might propel you to go for this option, we’d recommend you reconsider your decision and ask yourself if you’ll be able to pay it back in time.
If you’re 100% sure that it’s suitable for you from all aspects, then fill out the form, wait for the offers to come in, accept the best one and get your money.
Things we liked about Cash Advance
- No credit check.
- Fast transfer of funds.
- Free of cost service.
- Secure site.
Things we didn’t like about Cash Advance
- High-interest rates.
- Not a direct lender.
What Do Others Have to Say About Cash Advance
Although there is a lack of reviews regarding this around the web, a few people have been found to appreciate their fast and straightforward service.
⇒ Visit the Official Website of Cash Advance
Things to Consider Before Taking out a 1 Hour Emergency Loans Today
Like everything else in the market, loans come in various types and sizes, which may make the task of setting out to apply for one pretty daunting.
So, to help you choose, we have put together a list of 6 essential things you need to consider before taking a loan to have a clear idea of what to expect and know exactly what you are looking for.
Do You Really Need A Loan?
You need to assess the situation first and ask yourself whether you really need a loan at all. Is it possible that you can get by without taking one? Are you taking one to splurge on unnecessary luxuries? Are you hasty, and could a couple more months of savings do the job? These questions are essential and need pondering upon before setting out and taking a loan.
What Are The Interest Rates?
As you already know, when buying something readily available, it is always a good idea to peruse the market and purchase the best deal offered.
Likewise, one should assess the different interest rates offered by different lenders and select the one with the lowest rates. This means that you will not have to pay a larger, extra sum of money on top of what you already owe the lender.
Which Type Of Loan Will You Be Taking?
You’ll find various types of loans available at your disposal; therefore, you must select the one most suitable to your situation. This depends on many reasons; the most significant is what you intend to do with the money. If you want to buy a car, you’ll need a personal loan, but you can go for payday personal loans if you have some immediate small bills to pay.
The type of loan you choose also plays a part in the amount of interest. Payday and Personal loans have higher interest rates than, for example, mortgages. It is understandable to feel intimidated by all the choices, as you can always seek help from financial advisors that can direct you in the right direction.
Will You Be Able To Repay The Loan?
As obvious as it may seem, we still have to remind you that the significant factor is your financial situation before taking a loan. Will you be able to pay the installments on time without adding pressure on your finances or yourself? Do you have a steady income that will last? It is better to take on a smaller loan and pay it comfortably than a larger one.
What Is Your Credit Score?
This plays a massive role when you go on to apply for a loan. This is because money lenders use this score to conclude whether you will be able to pay the loan or not. A good credit score results in a good outcome and higher chances of your loan getting approved with low APR, whereas a bad credit report puts you at a disadvantage.
What Is The Length Of Your Loan?
Your repayment period determines the total cost of the loan and how the amounts you will be repaying per month. The longer the length of your loan, the less you will have to pay per month and vice versa. One must responsibly pay their dues each month on time, as penalties are applied otherwise.
Alternatives To Payday Loans For Bad Credit Score Holders
Payday Personal loans are expensive because of high interest rates and associated expenses. And, rather than resolving your difficulties, they may possibly push you deeper into a financial catastrophe.
However, like with anything, everything has a solution, and there are several worthwhile options if you do not want to go for a payday loan.
Use Your Savings
It is always a good idea to save some bucks every month for emergency situations. If you counter one, it is preferable to use your savings rather than go for expensive payday personal loans. Because in the long run, these loans will always leave you in more pitiful condition.
It is quite improbable that you can ever make more interest on your savings than you would on a loan. That means spending your resources will almost always be less expensive than borrowing money, particularly a payday personal loan.
Take Out A Loan From A Credit Union
If you are a credit union member, you already have a good option at your hand. If not, you can apply for membership with easy terms. Credit unions include factors other than your poor credit score when determining your eligibility for a loan.
They consider your relationship with the firm, your earnings, and your credit history. However, it may take a few days to a week for the union to grant a loan.
Ask Your Friends and Family
Moreover, you can seek assistance from close friends and relatives to pay for outstanding expenses or car repairs. You and your partner can agree on simple terms and conditions and select whether to pay in full or in installments. Additionally, as a thoughtful gesture, you can tell your pals that you will assist them in their times of need.
Ask For An Advance Paycheck
You might request an advance paycheck from your employer. Unless you have claimed benefits and are expecting payment, you can ask your employer for a short-term advance too. This is often returned from your income. However, it is critical that you manage your expenses following the deduction from your next month’s salary.
Look For Alternative Money-Making Opportunities
Always explore an alternative source of income before applying for a payday personal loan. For instance, you can sell your clothing, shoes, decorative goods, or other non-essential stuff around the house.
You can also sell your jewelry if you require a significant amount and create new pieces when you have the resources. In this manner, you can avoid the harmful process of repaying a large sum under the guise of a payday personal loan.
FAQs About SameDay Payday Loans
Q. How Are Payday Loans A Not-So-Good Idea?
Payday Personal loans may be able to supply you with rapid infusions of cash that will allow you to make it until your next Payday. However, because of the high fees and interest rates associated with these loans, consumers may be financially crippling in the long term and find themselves in a “cycle of debt.”
Q. Is It Possible To Obtain A Payday Loan From Two Distinct Places?
Sure, if you already have a payday personal loan, you are permitted to request another. However, this doesn’t guarantee that a lender will grant you a second loan. Prior to a lender giving you a loan, you’ll have to allow them to run credit checks on your application for a loan, which might affect your credit score.
Q. How Do Payday Loans Work?
The funds are sent immediately into your checking account after you meet all basic requirements. Then you pay back in full at the end of the month, including interest and fees, however, now you can borrow for an extended period of time, like 3 months, and you can repay in installments.
Q. Is It Possible For Payday Loan Companies To Sue?
Indeed, if you fail to pay your debt, a payday lending company may sue you in civil court. To bring you to court, you must be behind on your payments and in breach of the terms of your loan arrangement.
Q. What Are The Drawbacks Of Bad Credit Payday Loans?
Bad Credit Payday loans are problematic because they have extremely high interest rates and costs, trapping consumers in a destructive spiral of financial difficulties. Numerous payday lenders are exploitative, and consumers struggle to repay them, becoming trapped in an endless debt cycle.
Q. What Happens If You Default On Your Payday Loan Repayment?
A delay on payment loans can result in bank overdraft costs, collection calls, credit penalties, a day in court, and paycheck confiscation. So if you feel like you can never refund an online payday loan because your bills are excessive, it’s high time you should consider expert financial assistance.
Q. What Factors Do Payday Loan Lenders Consider?
Lenders only check if you have a steady source of income. Most of them do not consider running a credit check, making bad credit payday loans a favorable option for those with either no credit history or a bad credit score. Identification, a bank account, and a stable paycheck are usually the basic requirements.
Not everything goes according to our plans. Sometimes, unforeseen events upset our budget and require us to get immediate financial assistance. In such circumstances, such 1 Hr loans come in handy.
However, finding a trustworthy lender is also a tiring job. But not anymore; as long as we have these online loan lending platforms, getting funds in time is just a click away! So, stop running after different lenders tirelessly because now you can get it all done while being in the confines of your home.
Especially if it is your first time looking out for a loan, you might find the whole thing a bit daunting. Thoughts like “what if my personal information is used for wrong purposes?” might lurk in your mind, but no need to worry; we have only added those platforms to our list that are secured with the help of the latest technologies.