Frequently Asked Questions

Have a Question?
We've listed answers to the most popular questions here.

A payday advance is a short term cash loan that doesn't include all the strict requirements that a traditional bank loan has. Payday Advances are quick, easy and convenient so consumers can address short term and immediate financial needs, like emergency home or auto repairs, unexpected medical bills, or in times where you're falling just a bit short on your budget before next payday.

Qualifying for a payday loan is simple. The basic requirements are:

  • You must be at least 18 years of age
  • Have a regular source of income, either through employment or benefits
  • You must have an active bank account that allows for direct deposits

To be approved for a payday loan, you must meet the basic requirements above. The specific lender you are connected with may have additional eligibility requirements based on its own approval criteria. Factors such as income, direct deposit of your pay, past payday loan history and state of residence may affect the approval of your loan or the amount that you are approved for.

Qualified loan amounts can vary and are based on personal eligibility. Approved loan amounts can range between $300 to $1,000.

Yes! Next Payday Advance is partnered with lenders who specialize in lending to those with less than perfect credit. Unlike traditional lenders that only consider your credit score, we look at additional areas of your finances, including time of employment, income and other factors. Our lenders' flexibility allows for applicants with good credit, bad credit or no credit to be approved for a loan as long as they meet the minimum eligibility qualifications of a steady source of income and an open bank account.

If your application has been approved, Next Payday Advance will notify you and direct you to your lender’s loan agreement page where you can review and electronically accept the rate and repayment terms. You will also receive an email confirmation with a link to the loan agreement page.

Once your application is approved and you've electronically signed for your loan, funds are directly deposited into the borrower's checking account. Deposit times may vary based on personal eligibility. Funds usually are deposited into your bank account as soon as the next business day.

Cost of Borrowing varies and is based on a borrower's personal eligibility for a loan. Upon approval for a loan, rate and repayment terms are presented to you. Remember, no loan is issued unless the borrower electronically accepts the rate and repayment terms.

Your loan is typically due on your next pay date. However, some lenders will allow for extended repayment options for a fee. Please contact your lender directly if you have repayment questions.

Next Payday Advance connects borrowers with lenders but is not a direct lender. The lender you are connected with has its own policies regarding late payments. These policies can be reviewed within the lender's terms and conditions before accepting a loan. If you are unable to make a payment on time, please contact your lender directly discuss an alternative payment schedule.

Yes. Next Payday Advance utilizes industry standard security protocol and enhanced 256-bit data encryption technology.

Although we recommend that you complete the online application for the quickest results, you can also call (855) 354-6834 during normal business hours to apply by telephone.