FAQs

What is a Payday Loan?

A payday loan (cash advance loan, payday advance) is a short term loan designed to help you pay your way until your next payday. When a home emergency or a unexpected bill leaves you scratching your head, a payday loan makes a good last-resort for getting the money you need. Cash advance loans come with much higher fees than other loan options, and this is why they should only be used when absolutely necessary.

Does PayDaySuccess.com lend me the money?

No. PayDaySuccess.com is a lending network and a payday selection service. We take the submissions from customers and provide them to our network of lenders. Based on the requirements of both the lender and the borrower, if we find a successful service we direct the customer to the final stages of the submission process on the lender’s website. Here the customer can review the specific loan terms and conditions. There is no obligation and you can commit only when you are completely satisfied.

How much can I borrow?

You can typically borrow between $100-$1000, which needs to be paid back in full plus interest at the end of the agreement period (usually the next payday). The amount you are able to borrow will depend on the lender, as well as borrower criteria such as level of income, credit history and past usage of cash advance loans.

How do I qualify for a loan?

If you meet the following criteria, you will have a good chance of being accepted for payday advance loans online:

  • Resident of the United States
  • Over the age of 18
  • Receive regular income (monthly minimum of $800)
  • Hold a bank account

If you provide questionable or false information, the loan provider may ask for proof of this information via fax. Just because you have a poor credit rating or a history of bankruptcy does not mean you won’t be accepted for a loan. In-fact, payday loans were introduced to give financial respite to people in this kind of position.

How much will the loan cost?

The cost of your loan depends on your submitted information and the provider’s loan policy. All costs will be made clear in the terms provided during the submission process, which will be visible to you when we direct you to your automatically selected payday loan provider. If you do not accept the costs outlined in the terms, then do not sign. Before you sign there is no obligation to accept the loan agreement. Please visit our fees page for more information on loan costs.

What happens if I cannot pay back on time?

The loan terms for each payday loan lender will govern the possible actions taken against you in the event that you do not pay your loan on the agreed date. You will almost always incur a fee in the event of a late payment and/or a partial payment. Consult the late payment terms before you complete the submission process and sign.

Loan non-payment

In the event that you are unable to repay your loan, your payday loan lender may supply non-payment fees. All of our partnered payday advance lenders pursue non-payment cases according to strict regulations, and always act in a manner that is reasonable and fair.

Do you have a renewal policy?

Payday loans are provided by our network, and not by ourselves. As such, all renewal policies are depend on the provider in question, and will vary from lender to lender. Be aware that some providers do not debit the full loan amount, which may cause an automatic renewal and associated fees. Before you sign for a payday loan, make sure you read through the renewal policy in the terms and conditions carefully, and make any requests clear to the provider.

Do I need to physically send information?

In the vast majority of cases you do not need to send any physical information. However, lenders will often ask you to send physical information if your online submission raises doubt.

Is this site secure?

Yes. All of your information is transferred using the latest 256 bit SSL (Secure Socket Layer) encryption technology.

Can I have multiple loans at a time?

Payday loans are designed for emergencies and only when you have no other borrowing options. They are designed to help you overcome a short-term problem, and the less you rely on them the better. We discourage anyone from submitting for multiple payday loans at the same time.

How do you make money?

PayDaySuccess.com receives money in the form of commission for each customer we direct to a payday advance lender. This only happens when a customer signs with the choice we provide them with, and if we cannot find a suitable lender for a given customer, we make no money whatsoever. As such, it is in our best interests to work diligently in finding a sutiable product for the customers that use our service, and to provide the best service possible.