Frequently Asked Questions about Paycheck Loans

Here are the answers to the most commonly asked questions about paycheck loans.

What are paycheck loans?

Paycheck loans are small, short-term loans that are secured against your paycheck. They are designed to help you cover pressing expenses before your next payday. When your payday arrives, you repay the loan plus a finance charge. Paycheck loans are a faster and more convenient alternative to other types of loans and credit.

How do I sign up for paycheck loans?

You can sign up for paycheck loans by filling out our simple, online form. Just give us some basic information about yourself, and we will match you with a paycheck loans lender. Our form is free and comes with no obligation. Once we match you with a lender, you can apply for paycheck loans on the website of that lender, if you so choose. Most of our lenders allow you to apply online from the comfort of your home computer.

How much do paycheck loans cost?

Paycheck loans usually come with a finance charge that will vary by lender. The finance charge of your loan will be stated in bold on your consumer loan agreement. Read your paycheck loans consumer agreement carefully, as it will contain important information, such as the APR of your loan and your loan's due date.

What are my repayment options?

Different lenders offer different repayment options. In general, though, most of our lenders offer very flexible repayment options. Though this will vary by lender, you are usually allowed to extend your loan for more repayment time as long as you pay at least the finance charge on the due date. You can also pay the finance charge and part of the loan and then roll the loan over for more time. Basically, most of our lenders are flexible in repayment as long as you pay at least your finance charge on the due date. If you extend your loan for more time, you will be subject to an additional fee.

Are you a lender?

No, we are not a lender. We do not actually offer paycheck loans. Rather, we are a free matching service that helps our visitors find quality paycheck loans lenders. We basically provide a free referral service for our visitors to help them find convenient and affordable paycheck loans.

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