What are Payday Loans?

Payday loans are often used when someone needs cash quickly to pay for bills or other unexpected costs they did not foresee. By using cash advances, large quantities of late fees (from late ulitites and such) can be avoided. Payday loans are usually available the next possible business day, if approved, so they can be used when you need them. Because the funds are transferred directly into your account, you can use them right away.

How do I qualify?

• Provide proof of employment
• Receive an income of $1000 per month
• Are at least 18 years of age and a citizen of the United States
• Be able to provide a checking or savings account

Please note that your lender may have additional requirements. See your lender for any addtitional requirements or concerns.

When will I be able to use the loan?

Because in many cases the sign up process is almost 100% faxless and the money is directly deposited into your account, you can expect the funds to be available very soon.

Will my bad financial history hurt my approval chances?

Having a poor financial history will most likely not impact your approval for a payday loan. Many of our lenders will work with you if you have less than perfect financial history.

Do I need to have direct deposit?

Having direct deposit enabled on your savings or checking account is not necessary. While it is not needed to complete a payday loan, you can use an account that has the feature enabled to accept the funds.

Can other people get to the information I send you?

At Instanet we put the strongest 128 bit Secure Socket Layer (SSL) encryption technology behind the information you send us.  With this in mind, you can be assured that your personal information will be safe from third parties.

How often can I use Payday Loans?

Cash advances can be used as many times as necessary, but are intended to be used only for short term financial problems and never for larger financial issues. Contact the National Foundation for Credit Counseling at 1-800-388-2227 for help managing your credit.

How much money can I get?

The amount of money you can receive from a payday advance depends on your monthly income.  The maximum you can receive is $1500 dollars, but not everyone will be accepted for this sum depending on which service provider you are with.

When can I pay off the loan?

In most cases, payday loans are usually paid for once you get your paycheck. However, repayment options may vary depending on the lender so please speak with your chosen service provider for more information.