Iowa 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 Iowa? 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 Iowa?
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 Iowa, 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 Iowa:

Ackley
Adel
Albia
Algona
Allison
Alta
Alton
Altoona
Ames
Anamosa
Ankeny
Aplington
Arnolds Park
Asbury
Atkins
Atlantic
Audubon
Avoca
Baxter
Beaverdale
Bedford
Belle Plaine
Bellevue
Belmond
Bettendorf
Blue Grass
Bondurant
Boone
Britt
Brooklyn
Burlington
Camanche
Carlisle
Carroll
Carter Lake
Cascade
Cedar Falls
Cedar Rapids
Center Point
Centerville
Chariton
Charles City
Cherokee
Clarinda
Clarion
Clear Lake
Clinton
Clive
Colfax
Columbus Junction
Conrad
Coralville
Corning
Corydon
Council Bluffs
Cresco
Creston
Dallas Center
Davenport
Davenport
Decorah
Denison
Denver
Des Moines
De Soto
De Witt
Dike
Dubuque
Dyersville
Dysart
Eagle Grove
Earlham
Eddyville
Eldora
Eldridge
Elkader
Elk Run Heights
Ely
Emmetsburg
Epworth
Estherville
Evansdale
Fairfield
Farley
Fayette
Forest City
Fort Dodge
George
Glenwood
Glidden
Greene
Greenfield
Grimes
Grinnell
Grundy Center
Guthrie Center
Guttenberg
Hamburg
Hampton
Harlan
Hartley
Hawarden
Hiawatha
Holstein
Hudson
Hull
Humboldt
Huxley
Ida Grove
Independence
Indianola
Iowa City
Iowa Falls
Jefferson
Jesup
Jewell Junction
Johnston
Kalona
Keokuk
Kingsley
Knoxville
Lake Mills
Lake Panorama
Lake Park
Lake View
Lamoni
Laurens
Le Claire
Le Mars
Leon
Madrid
Manchester
Manly
Manning
Manson
Maquoketa
Marcus
Marengo
Marion
Marshalltown
Mason City
Mediapolis
Milford
Mitchellville
Monona
Montezuma
Monticello
Mount Ayr
Mount Pleasant
Mount Vernon
Moville
Muscatine
New Hampton
New London
Newton
Nora Springs
North Liberty
Northwood
Norwalk
Oakland
Oelwein
Onawa
Orange City
Osage
Osceola
Oskaloosa
Ottumwa
Palo
Panora
Parkersburg
Park View
Paullina
Pella
Peosta
Perry
Pleasant Hill
Pocahontas
Polk City
Postville
Prairie City
Red Oak
Reinbeck
Remsen
Robins
Rock Rapids
Rock Valley
Rockwell
Rockwell City
Roland
Sac City
Saylorville
Sergeant Bluff
Sheffield
Sheldon
Shell Rock
Shenandoah
Sibley
Sigourney
Sioux Center
Sioux City
Slater
Spencer
Spirit Lake
St. Ansgar
State Center
Storm Lake
Story City
Strawberry Point
Stuart
Sumner
Tama
Tiffin
Tipton
Traer
Tripoli
Urbandale
Villisca
Vinton
Walcott
Wapello
Waterloo
Waukee
Waukon
Waverly
Webster City
West Branch
West Burlington
West Des Moines
West Liberty
West Union
Williamsburg
Wilton
Windsor Heights
Winterset
Woodbine
Woodward