Idaho Cash Advance and Payday Loans

What are the minimum requirements to apply for a payday loan?

  • 18 years of age or older
  • U.S. Citizenship Valid checking or savings account with direct deposit
  • Regular income of at least $1,000 per month
  • Not a regular or reserve member of the Army, Navy, Marine Corps, Air Force, or Coast Guard (or a dependent thereof), serving on active duty under a call or order that does not specify a period of 30 days or fewer

Are you looking for an online payday loan in Idaho? Submit the easy form and if approved we can connect to dozens of lenders that may be able to lend you up to $1,000!

 

 

The basics of how payday loans work.

If you have found yourself in a financially tough spot, it can be overwhelming trying to figure out how you are going to manage your way through it. Luckily, payday loans serve as a wonderful guide to help navigate individuals through an economic crisis. They can prove to be especially helpful to those with bankruptcy on their credit score or to those with bad credit or none at all. Payday loan lenders do not require a credit check in order to dictate approval. Rather, the borrower’s pay check serves as collateral to ensure the payday loan will be repaid upon the upcoming pay date; thus the name ‘payday loan.’

The information below provides a quick overview of commonly asked questions people often have regarding payday loans.

What is a payday loan?
A payday loan is a loan offered on a short-term basis, typically set to be repaid upon the borrower’s next pay date.

How long does it take to get a payday loan in Idaho?
Payday loans are designed to be quick in all aspects. In most cases, the application takes only a matter of minutes to complete. The approval process and transfer of your loan is done in just a few short hours; most people are able to access their payday loan by the following business day.

How much money can I borrow?
The amount of money you may borrow is dependent on a number of factors. In any case, it is advised that you figure how much you need beforehand to avoid taking out more than you need. This will save you from having to pay interest on money that you don’t need to borrow.

When does my payday loan need to be repaid?
Payday loans are usually set to be repaid upon the borrower receiving their next paycheck, thus the name ‘payday loan.’ However, if more time is needed to gather the money to repay the loan, lenders do allow an extension or rollover of the payday loan. The laws regarding rollovers vary by state so make sure to check your local laws beforehand.

I have been rejected by other lenders in Idaho, why will I be approved for a payday loan?
Many people who apply for credit cards or large loans from banks or other lending institutions find it harder to be approved for a loan. In most instances, their credit score plays a major influence when factoring in a customer’s credit worthiness. However, payday loans do not require a credit check so many people who have struggles securing a loan elsewhere often find approval with payday loans. Due to the short turnaround of payday loans, the borrower’s paycheck serves as collateral on the loan so no credit check needs to be performed.

We cover following cities in Idaho:

Aberdeen
American Falls
Ammon
Ashton
Bellevue
Blackfoot
Boise City
Bonners Ferry
Buhl
Burley
Caldwell
Challis
Chubbuck
Coeur d'Alene
Dalton Gardens
Driggs
Eagle
Emmett
Filer
Fruitland
Garden City
Glenns Ferry
Gooding
Grangeville
Hailey
Hansen
Hayden
Heyburn
Hidden Springs
Homedale
Idaho Falls
Iona
Jerome
Kamiah
Kellogg
Ketchum
Kimberly
Kuna
Lapwai
Lewiston
Lincoln
Malad City
Marsing
McCall
Meridian
Middleton
Montpelier
Moreland
Moscow
Mountain Home
Nampa
New Plymouth
Orofino
Osburn
Paul
Payette
Plummer
Pocatello
Ponderay
Post Falls
Preston
Priest River
Rathdrum
Rexburg
Rigby
Robie Creek
Rupert
Salmon
Sandpoint
Shelley
Shoshone
Soda Springs
Spirit Lake
St. Anthony
Star
St. Maries
Sugar City
Twin Falls
Tyhee
Ucon
Victor
Weiser
Wendell
Wilder