Get Guaranteed No Denial Payday Loans Direct Lenders Only in 2023

Do you need a small sum of money immediately? Are you searching for the best payday loans? If so, why not opt for no-denial payday loans from direct lenders only? They will approve your loan request within minutes, and you will receive the loan amount in your bank account within a single business day. In this article, we will introduce you to some of the best Direct Lender Payday Loans. We will also discuss their benefits, the application process, and other important details you need to know. So, let’s get started.

Best No Denial Payday Loans Direct Lenders Only

Best Direct Lenders for Payday Loans

Here is a list of the best direct lenders for payday loans with no denial that will definitely provide you with a payday loan even if you have a bad credit score.

1. Avant

Avant

If you are looking for legitimate payday loans online direct lenders then Avant is a very good option for you. They provide a maximum loan of up to $35,000, but since you need a payday loan, you can apply for the minimum loan amount they provide, which is $2,000. The only issue is, they would not help you build your credit or give you a loan for debt consolidation. Hands down, Avant is one of the best legitimate payday loans online direct lenders.

In case your credit score is 660 to 800, you can easily get a loan at an APR of as low as 9.95%. They generally deposit the loan amount into your bank account within a single business day. If you fail to repay the loan on time or miss the repayment date, then you will have to pay a late fee of $25. There can also be an origination fee of 0.00% to 4.75%, depending on your credit score.

Important Points

  • Minimum Credit Score: 550
  • Loan Amount: $2,000 to $35,000
  • Loan Term: 1 to 5 years
  • APR Range: 9.95% to 35.95%
  • Minimum Annual Income: $14,400

Pros

  • They deposit the loan amount within 1 to 2 business days after loan approval.  
  • You can apply for pre-qualification with a soft credit pull. 
  • You can use their mobile application for easy loan repayments. 
  • They allow you to change the payment date. 

Cons

  • You will not get any discount rates.
  • They do not provide secured, joint, or co-signer loans.
  • There can be an orientation fee for low-credit holders.

2. OppLoans

OppLoans

Do you have a really bad credit score or no credit history at all and you are worried if you will get a payday loan or not? Well, OppLoans got your back. It is one of the Best guaranteed payday loan direct lenders because they provide small loans without conducting a credit check. They provide short-term loans for all your urgent money needs. 

The best thing about OppLoans is, they provide personal assistance to every customer to help them choose the best loan for themselves. You also get to decide the loan repayment date. Also, they report your payments to all the credit bureaus which ultimately helps you to improve your credit score. 

Important Points

  • Minimum Credit Score: Zero Credit 
  • Loan Amount: $500 to $4,000
  • Loan Term: 9 to 18 months
  • APR Range: 59.00% to 160.00%
  • Minimum Annual Income: N/A

Pros

  • You can plan the repayment date as per your payday. 
  • Immediate funding after loan approval. 
  • It also reports your payments to all the credit bureaus, which ultimately helps in building your payment. 

Cons

  • The interest rate might make up 50.00% of the total loan amount. 
  • The APR is very high. 

3. LendingPoint

LendingPoint

If you are someone with a credit score of 600 or more then you can definitely go for LendingPoint. You can apply for a loan at any time of the day because they provide a 24*7 payday loan. The best part is, they also approve pre-qualification, so before actually applying for a payday loan, you can see at what rates you would get the loan. 

Also, after approval, they deposit the loan amount in your bank account within 1 to 2 business days. In order to get no denial payday loans direct lenders only from LendingPoint, you need to have an active bank account with at least 40 days of credit history. They also allow you to prepay your loan without any extra fees. 

Important Points

  • Loan Amount: $2,000 to $36,500
  • APR: 7.99% to 35.99% 
  • Orientation Fee: 0.00% to 8.00%, depending upon the state and loan amount
  • Minimum Required Credit Score: 600
  • Loan Term: 2 to 5 years
  • Minimum Required Annual Income: $35,000

Pros

  • They offer a user-friendly mobile application. 
  • You can change your payment date. 
  • You get to apply for pre-qualification. 
  • Affordable interest rate. 
  • The loan funding is very fast, as the loan amount is deposited within 1 to 2 business days.

Cons

  • It reports to only 2 credit bureaus out of 3. 
  • An orientation fee can be there. 
  • They do not provide secured, joint, or co-signer loans.

4. Ace Cash Express

Ace cash express

Are you looking for payday loans online no credit check direct lender? If yes, the Ace Cash Express is there for you. They provide payday loans to people with a bad credit score, that too online, without any hassle or paperwork. But to get no denial payday loans direct lenders only from Ace Cash Express, your age should be 18 years or more and you will also need to provide them with your valid identity proof. They offer the best no-credit check payday loans with no denial. 

Ace Cash Express also provides co-signer loans. So if your credit score is extremely bad, you can get a loan with someone with better creditworthiness. They only provide installment loans so it does not disbalance your budget and you can easily repay the loan in small installments. 

Important Points

  • Minimum Credit Score: 300 to 640
  • Loan Amount: $100 to $2,000
  • Loan Term: 1 to 3 months
  • APR Range: 91.52% to 630.13%
  • Minimum Annual Income: N/A

Pros

  • They deposit the fund in the applicant’s bank account within 1 to 3 business days. 
  • They also provide co-signer loans. 
  • You do not need to pay any fees before actually receiving the loan amount.

Cons

  • Late fees and orientation fees are there. 
  • The APR is extremely high. 
  • They do not offer pre-approval.

5. LendUp

LendUp

LendUp provides the best no denial payday loans because they do not conduct a credit check before the loan. So even if you have a bad credit score, you can actually get a loan from them. But the major problem with LendUp is, their APR is extremely high and can be up to 913.71% for bad credit holders.

Their rates and terms can also vary from state to state. They provide you legitimate payday loans online. LendUp was established in the year 2012 and since then, it is providing financial aid to people in need. You can use the loan money provided by LendUp to pay for fuel, rent, medical bills, or any other necessity.

Important Points

  • Minimum Credit Score: None
  • Loan Amount: $100 to $255
  • Loan Term: 7 to 30 days
  • APR Range: 214.13% to 913.71%
  • Minimum Annual Income: N/A
  • Funding Period: 1 to 2 business days

Pros

  • People with bad credit scores or no credit history can also get payday loans. 
  • They do not check your credit score. 
  • There is no fee for the prepayment of the loan.

Cons

  • Loan services are only available in 7 states. 
  • The APR is extremely high. 
  • The repayment period is very short. 

6. Blue Trust Loans

Blue trust loans

Blue Trust Loans provides no denial payday loans direct lenders only with an APR of 471.78% to 841.45%. The loan amount of $100 to $2,500 is perfect for a payday loan, but the APR is extremely high, even for people with a good credit score. Also, you will need an annual income of $10,200 in order to get a payday loan from Blue Trust Loans. 

In case you miss one of the monthly payments, Blue Trust Loans will not charge and fine for the first payment miss. Also, if you decide to pay the Blue Trust loan early, they will not charge any extra fee on this. So basically there is no late, prepayment, or orientation fee. 

Important Points

  • Minimum Credit Score: 300 to 650
  • Loan Amount: $100 to $2,500
  • Loan Term: 6 to 12 months
  • APR Range: 471.78% to 841.45%
  • Minimum Annual Income: $10,200
  • Funding Period: 1 to 2 business days

Pros

  • No prepayment fees. 
  • They provide loans to people with bad and fair credit scores.
  • No orientation fee.
  • Fast funding, just within 1 to 3 business days after loan approval.

Cons

  • It will not help you improve your credit score.
  • You will have to pay a late fee if you do not pay the loan on time.
  • The APR is extremely high.

What is a No Denial Payday Loans Direct Lenders Only?

Payday loans

No denial payday loans direct lenders only are basically those payday loans, which are given to the borrowers by direct lenders. There is no third party, the lender directly lends the money to the borrower. Direct lenders offer instant payday loans to people and the application process is also very easy. 

The best part is, you do not need to run to any office. You just need your laptop or mobile phone and a stable internet connection and you will easily get a payday loan while sitting at your home. There is no need for any paperwork. 

Even if you have a bad credit score, you do not need to worry, as we mentioned, these are no denial payday loans. So even if your credit score is bad, your loan application would not be denied. You will get the loan. Though the loan amount and loan interest rate may vary.

Benefits of No Denial Payday Loans Direct Lenders Only

Benefits of No Denial Payday Loans Direct Lenders Only

Here are some of the benefits of getting a payday loan from direct lenders. 

1. You Get to Apply for the Loan Online

The best part about taking direct lender payday loans is, you do not need to go to the office physically. So you just need your PC, mobile, or tablet and a stable internet connection. The whole process, from sending the loan application to repaying the loan takes place online. 

2. No Paperwork is Needed

no paperwork needed

When you go to the bank for a loan, you need to submit your documents like identity proof and income proof, when you apply for an online loan, you need to fax your documents to the lender. But when it comes to direct lenders they provide payday loans that don’t require faxing the documents. You can just attach the required documents to the online application form itself. 

3. Loan Approval Process is Fast

Where banks take days to approve your loan request, direct lenders take approval decisions within minutes. So after applying for a loan, just within 4 to 5 hours, you will get to know if your loan application is approved or not. 

4. Good Option for Bad Credit Holders

Direct lenders provide no denial payday loan bad credit to people with no credit history or bad credit score. Though the interest rate and loan amount may vary, bad credit holders will definitely get a payday loan. 

5. Short-Term Loans

You might not know, but direct lenders are the best for payday loans and short-term loans. Where banks and credit unions have rigid terms and payment dates, direct lenders provide payday loans and short-term loans with flexible repayment dates and other terms. 

Risks and Drawbacks of Payday Loans

Risks and Drawbacks of Payday Loans

Payday loans can be extremely valuable financial tools if used properly but, like all things, there are both benefits and drawbacks associated with them. Here, we’ll take a closer look at the risks and drawbacks of payday loans so that you can make an informed decision about whether or not they’re right for you.

1. High-Interest Rates 

One of the biggest risks associated with payday loans is the high-interest rates that come along with them. In some cases, you could end up paying back hundreds or even thousands of dollars more than what you initially borrowed if you don’t pay off your loan in a timely manner. It’s important to understand how much interest will be added to your loan before signing on the dotted line. 

2. Temptation to Spend More Than You Can Afford 

Another risk that comes along with payday loans is the temptation to spend more than you can afford. It’s easy to get carried away when you have access to quick cash, but it’s important to remember that payday loans should only be used as a last resort—not as an excuse to splurge on things that you can’t really afford. 

3. Short Repayment Terms 

Most payday loans are due within two weeks or less and must be paid in one lump sum. This can be difficult for many people who don’t have enough money saved up to pay off the entire loan within such a short period of time. To make matters worse, if borrowers can’t repay the loan on time, they might be charged additional fees or forced into debt traps that make it even harder for them to get out of debt. 

4. Collateral Requirements 

Next, some payday lenders may require borrowers to provide collateral in order to receive a loan. This can include items such as jewelry or electronics that are used as security against defaulting on loan payments. If borrowers fail to pay back their loans on time, lenders may repossess these items and sell them off in order to recoup their losses.

5. Debt Cycle Risk 

Finally, there is also a risk of getting stuck in a debt cycle when using payday loans. When people fail to pay off their payday loan in full by their due date, they may end up taking out another loan just to cover the cost of the first one—leading them into an endless cycle of debt and high-interest rates. This is why it’s so important to make sure that you understand all of the terms and conditions associated with your payday loan before signing any contracts.

Qualifications to Get Direct Lender Payday Loans

Qualifications to Get Direct Lender Payday Loans

In order to get no denial payday loans direct lenders only you will need to check all the following qualifications. 

  • You must be a resident of the U.S.A. 
  • You must have your official email address and phone number. 
  • To get a payday loan from a direct lender, your age shall be 18 years or more.
  • Your income must be regular and steady. (You will need to give income proof when you will apply for the payday loan from a direct lender)
  • You also need to have your own active bank account. 

If you pass all these qualifications then you can easily get legitimate payday loans online from direct lenders.

How Do the Direct Lenders Payday Loans Work?

How Do the Direct Lenders Payday Loans Work?

It works just like any other lending service. Direct lenders are those lenders who directly deposit the loan amount into the borrower’s bank account, without the involvement of any third person or party. Direct lenders provide payday loans to the applicants and the applicant has to repay the loan amount along with the interest rate on their payday. 

Several direct lenders provide guaranteed payday loans no denial. And most of them also offer pre-qualification, so that before actually applying for the loan and suffering the hard pull, you can actually know what rates would be offered to you with just a soft credit inquiry.   

How to Get a Payday Loan from a Direct Lender: Application Process

Application Process

Applying for no denial payday loans direct lenders only is relatively straightforward. Here’s a step-by-step guide to help you understand the process, so you can make sure you have all the information and documents required when submitting your application. 

1. Find an Appropriate Lender

First of all, do your research. Find the direct lenders that can provide you with a payday loan at the income and credit score that you have. See all the available options and then compare the rates and terms and see which one suits your requirements best. Do not forget to consider your debt-to-income ratio.

2. Apply for Pre-Qualification

Now that you know which direct lender would be perfect for you, see if they offer pre-qualification. Apply for pre-qualification to know what amount and rates you would get if you apply for the loan. 

3. Think About the Offered Deal

Think About the Offered Deal

By now, you know about the rates and loan amount you would get. See if you are satisfied with the offered deal. If you like it then you can move ahead and send the loan application.  

4. Gather Your Documents

Make sure that all of your required documents are in order before submitting your application. These will include proof of identity (such as a driver’s license or passport), proof of address (such as a utility bill), and evidence of income (such as pay stubs).  The lender may also require additional documentation depending on the type of loan product you are applying for.  

5. Send the Loan Application

In order to send the loan application, you will need to go to the official website of the lender and create your account using a username and password. You will also need to provide other necessary information like your full name, address, contact details, etc.

Once you log in to your account, you will find an option to apply for the loan. Click on that tab and it will direct you to the loan application form. Fill out the loan application form and keep your important documents in scanned form. You might need to attach them to the loan application. It is important that all supporting documentation is received by the lender before they can consider your loan application further. Once you have completely filled out the form, recheck it and send it.

6. Receive the Fund 

Once you apply for the loan application, your loan application would be approved within a single day. So after the application approval, the loan amount would be deposited into your bank account within 1 to 3 business days. 

Documentation Required for Payday Loans from Direct Lenders Only

Documentation

Before you can take out no denial payday loans direct lenders only, there are some important documents that lenders will require. Let’s take a look at what documentation is needed for an application for payday loans from direct lenders only. 

Proof of Identity and Address 

This is the most important document required by lenders for no denial payday loans direct lenders only. You will need to provide proof that you are who you say you are, usually in the form of a valid photo ID such as a driver’s license or passport. Additionally, you will also need to provide proof of address, such as a recent utility bill or bank statement showing your name and current address. This helps ensure that the lender knows they’re dealing with an actual person and not someone trying to commit fraud. 

Proof of Income 

In order to receive approval for your payday loan application, lenders need to know that you have the ability to repay it. To do this, they will require proof of income in the form of pay stubs or tax returns that show your annual salary or wages. If you are self-employed or work freelance jobs with variable income, then other forms of documentation may be accepted instead depending on the lender’s policy. 

Bank Statements 

Lenders also require applicants to provide recent bank statements so they can verify that the applicant has enough money in their account to cover both their regular expenses and any payments they make on their loans. This helps ensure that borrowers don’t overextend themselves beyond what they can realistically afford—which is beneficial for both parties involved in the transaction.

Potential Alternatives for PayDay Loans

Payday loans are super easy to get but come with many hassles and difficulties. In order to avoid that difficulty, you can simply go for the alternative options of payday loans. For your information, payday loans are convenient, but users are required to pay high rise amounts when it comes to repayment. Thus, you must look for alternatives as these alternatives are worth considering, compare them, and choose what suits your needs.

1. A Low-Interest Credit Card

If you find payday loans are out of your budget, then you can go for the option of a credit card that comes with a lower interest rate. However, you must handle the credit card correctly. Otherwise, it will also get complicated. However, a lower credit card asks you for various requirements that one can not fulfill quickly if the person has a bad credit score. 

Pros

  • Low-interest rate.
  • Perfect for huge purchases.
  • It helps to improve your credit score.

Cons

  • Required to pay the balance transfer fees.
  • It can result in negative terms if not used in an appropriate way.

2. Cash Advance Apps

You can consider using cash advance apps as they come with low-interest rates and APR. If you have a fixed income source but ran out of money before the date of your salary, then this can be the best option for you. Moreover, cash advance apps credit money to your account within a few hours and deduct it when your salary comes with a certain charge for interest. 

Pros

  • Lower fees and interest rates
  • Works in instant credit model
  • Excellent additional services
  • Suitable for short-term money requirements

Cons

  • Less sense of security
  • Not suitable for long-term money needs

3. Credit Union Loans

Another option that can offer you money in your hard times is a credit union. If you are already a member or a user of credit union bank services, then you already have the solution with you. Well, the Credit union provided you with the instant loans after the verification. If you are a trusted customer, then you will get the loan in no time, as the bank only checks for income and credit history. If you match the requirement, then you will easily get verified for the loan.

Pros

  • Provides a variety of personal services
  • High deposit yields
  • Low annual fees and federal taxes
  • Focuses on financial literacy
  • Variety of facilities

Cons

  • Membership is important.
  • Not-so-good interest rates.
  • It Offers less accessibility to the higher funds.

4. Lending Circle

If you are not a part of any lending circle priorly, then you must get into a lending circle. This way, you can meet your cash needs quickly. However, a lending circle is a group of people who collect a certain amount of money and pool it together as per the lending agreement. You can simply get in without and raise your money when required. Well, nowadays, many apps have integrated themselves with lending circles and provide you with all the benefits of lending circles online. 

Pros

  • No requirements for the credit.
  • Interest-free loans.
  • No minimum credit score is required.

Cons

  • No credit building
  • It is low-cost funding.
  • Limited Access to Funds.

5. Bad Credit Loan

It is also a helpful option through which you can simply access your money needs. A bad credit loan can come with a slightly high-interest rate, but worth having as it will come instantly into your account and works well if you have a normal credit score from 550 to 700 as per the FICO credit scoring. Then you can have this loan without the high-interest rates. Thus, you are required to maintain a good credit score. However, a bank will check your income source and the income debt ratio to ensure that you are capable of paying it back or not. Let’s check its pros and cons for a better understanding.

Pros 

  • Sense of security
  • Instant money solution
  • Flexible guidelines
  • You can build your credit further

Cons

  • Higher APR
  • Higher interest rate
  • Some banks require collateral

Should You Go for No Denial Payday Loans Direct Lenders Only?

It is not difficult at all to obtain no denial payday loans from direct lenders only. In fact, you can secure the best direct lender payday loans. There are numerous options available to choose from. However, before submitting your loan application to a direct lender, make sure to apply for pre-qualification. This way, you can determine whether you will be approved for the loan or not, without undergoing a hard credit check.

Additionally, ensure that you consider all the essential factors such as interest rate, loan term, loan amount, etc., before submitting your loan application. It’s also advisable to check the ratings and reviews of the direct lenders, as there are several misleading ones in the market nowadays.

FAQs: Frequently Asked Questions

Q1. What are the best online payday loans from direct lenders?

Some of the best online no denial payday loans direct lenders only are Avant, Opploans, LendingPoint, Ace Cash Express, LendUp, as well as Blue Trust Loans. These direct lender payday loans are easy to get and the application and approval process is also very easy. Moreover, the loan amount is deposited into your bank account within 1 to 3 business days. 

Q2. What time do you get paid on payday direct deposit?

If you apply for direct lender payday loans then they approve your loan application within 4 to 5 hours or a maximum of one business day. And after the application approval, the loan money is deposited into your bank account within a maximum of 2 to 3 business days. Some direct lenders also deposit the loan money immediately after the loan approval. 

Q3. What happens if I close my bank account and default on a payday loan?

Even if you close your bank account, you will have to pay the loan money. If your loan is joint or co-signer then the other person with you will have to repay the loan amount. Otherwise, if it is an individual loan then the direct lender will send you an email or contact you through the information provided. If you try to avoid repaying the loan then the direct lender can also take legal action against you. 

Q4. What are 3 alternatives to getting a payday loan?

If you do not want to get a payday loan then you can also for: 

  1. A short-term loan from the bank.
  2. You can use a credit card.
  3. You can borrow some money from your friends or family.

Author Profile

Susan Anderson
Meet our Author of Our Editorial Team, Susan Anderson. She is an experienced writer and financial expert who has been writing about credit cards, card offers, services, and other related topics for more than twenty years. With her in-depth knowledge on the matter and her ability to distill complex topics into useful information for readers, Susan has become a go-to source for reliable credit card advice. In addition to her work at the editorial team, she also contributes to major publications such as The Wall Street Journal and CreditCards.com. With her expertise and industry experience, she is able to provide sound advice on all aspects of credit responsibly while helping people save money in the process.

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