Weekend Payday Loans
People are more likely to run out of cash on a normal workday. You can ask your bank or credit union for help. However, financial difficulties can occur at any time, even on weekends. What do you do when you urgently need money and all the banks are closed on the weekends?
Fortunately, weekend payday loans from direct lenders can help you get an emergency cash advance. The store may not be as convenient as it is on Saturdays compared to other weekdays. Therefore, consider your options before signing the dashed line on your loan agreement.
Most traditional banks and credit unions are closed on weekends. If you submit your loan application on Friday, you cannot expect to receive feedback from your bank manager by Monday. If the creditworthiness is low, the application will be rejected at the time of the credit check.
Fortunately, many weekend payday loans can save you trouble, whether it’s Monday, Sunday, or an odd time of day. Specially designed payday loans are also available on weekends. This means that lenders work 24 hours a day to keep money in the bank whenever they want. They guarantee that your loan will be accepted and processed and your loan amount will arrive to you over the weekend. Learn more.
Weekend Payday Loans Online Definition
By definition, weekend payday loans are unsecured loan until the next payday. Their main goal is to close the budget gap in the event of a minor financial emergency. Weekend payday loans are not much different from traditional fast loans. Nevertheless, they have some unique features. First, approvals are almost immediate, 24/7. Second, the repayment period for emergency cash loans is no more than 4 weeks.
The general situations that justify applying for a payday loan online on Saturday or Sunday are:
- Medical bills
- Emergency car repair
- Immediate home repair or plumbing
- Last-minute travel planning
- Other unexpected payments.
Are Weekend Payday Loans Payments Real?
Yes, the loan industry has evolved significantly over the last few years and has made great strides. Until now, no one had thought of going to a bank, forgetting to apply for a loan, or putting the amount of a loan in a bank account to make their own money.
But you can now apply for a loan and send money to your bank account even if you have poor creditworthiness. The growth of the payday loan industry has allowed all individuals to earn money on time, regardless of their credit needs. Here are the key features of short-term weekend loans:
- No credit check
- Fast processing time
- Immediate approval
- Slightly higher interest rates and fees
- Access to the store network
- More options for payday loans
- Repayment after 14-30 days
Unlike traditional banks, you don’t have to wait days to get feedback from your lenders. As soon as you submit your credit application, they will review your profile and transfer it to your checking account. Please note that direct creditors reserve all rights to the amount credited to their account based on their ability to repay.
Most payday loans are processed within 24 hours, so if you apply on a Friday or Saturday, you can expect to receive your money that day or the next business day. To receive a cash loan for the same day, you must apply for the loan by 11 o’clock. Some lenders can send money in less than an hour. However, you need to find these services.
Direct lending sites like icash are accessible 24/7 so you can apply whenever you need them. But in this case, we are talking not only about the ease of application, but also about the entire process and expenditure of funds.
How Exactly Weekend Payday Loans Work?
When applying for a weekend payday loan, the direct lender follows the same procedure as for a weekday loan. Simply put, you send a loan request and, if approved, receive a deposit into your bank account.
When the online payday lender receives your application, they run a quick check. You will then be notified of your weekend loan approval if you qualify. All you have to do is sign the contract and agree to the terms of repayment, interest rates and fees. Your electronic signature is sufficient to verify your payday loan online. If you receive final approval, your money will be credited the next business day.
Loans must be repaid in a lump sum. The typical duration of these loan products is 2-4 weeks. The due date is usually set to the date you will receive your next salary. Direct lenders will automatically deduct the funds from your bank account with prior consent.
Where to find weekend payday loans from direct lenders?
To find a direct lender to offer a loan on the weekend, you need a smartphone and an internet connection. Go to your browser and type “Today’s Loan Office” or “Nearby Weekend Payday Loans” and enter your location.
In seconds, you’ll see a list of payday loan sites offering weekend cash advances. For more information on direct loan lenders, contact information, interest rates, fees, registrations, and customer reviews, please visit each website.
You may find payday loan lenders at home and online options that can lend you money on the weekends. If it’s an in-store location, call to make sure it’s open. In some cases, you can submit your application online and go to the in-store office to get your cash.
There are several payday loan online sites that allow you to immediately receive your loan application and transfer it to your bank account within a few hours. You must be able to withdraw money from a bank ATM using your debit card.
How to Get Weekend Payday Loans Online?
As mentioned above, some online and store lenders offer high speed cash loans over the weekend. Another big advantage of applying for an online loan is that you can get money even if you have bad credit or you don’t have a checking account.
Depending on your eligibility and requirements, you can apply for different types of quick loans offered by lenders. Therefore, check all available options. Let’s look at different types of payday loans.
1-Hour payday loans
One-hour payday loans are a specific type of loan in which lenders provide cash very quickly, within an hour or a few minutes. However, keep in mind that these types of loans are subject to high interest rates and fees.
In-store payday loans
The store payday loan is a method that can be obtained on Saturday or Sunday by visiting a local direct loan company that is open on weekends.
Over the phone payday loans
Over the phone payday loans are a type of loan that you can apply for by calling the lender directly. Even if you do not have an internet connection, you can still apply by calling and following the steps provided.
Payday Loans Without Bank Account
A payday loan without a bank account is a loan if the borrower does not have a check or savings bank account. You can ask your creditor to top up your credit with a prepaid debit or credit card.
Payday loans for the unemployed
A payday loan for the unemployed is a type of loan given to those who are not currently working. They must provide evidence of alternative sources of income, such as grants, scholarships, SSI, pensions, employment contracts, inheritances, veteran benefits, and more.
What Do You Need to Qualify for Weekend Payday Loans?
To apply for different types of payday loans offered by direct lenders, you need to fill out some required information on the online application form. No paperwork or credit checks are required, but you may need to attach an online bank statement or payment stub to prove your earnings. However, most payday loan providers have the following eligibility criteria:
- Full name
- The reason for taking out the loan
- Be an American citizen or permanent resident
- Have an active bank account, more specifically a checking account
- Be 18 years of age or older
- Be it a job or a permanent source of income
- Enter your phone number and email address.
If you have any questions, please contact the creditor using the designated phone number. You can expect to receive a confirmation call within minutes of submitting your loan application. Most lenders that offer a weekend loan will approve the loan immediately.
If your debt-to-income ratio is in your favor, the lender is likely to transfer the loan money to you. In other words, if you earn enough income to pay a payday loan, you are very likely to get the money within a business day.
Whether you need $100 for a small fee or $5,000 or more to pay for a lot of medical bills, you can think of your finances as classified. Most of these loans have a 14 to 30 day repayment schedule, so you can pay them off when you get your next paycheck.
Frequently Asked Questions (FAQs) Weekend Payday Loans
Can I get a payday loan on the weekend?
Yes, many direct lenders for payday loans are also open on Saturdays and Sundays. So, even on weekends, you can apply for a payday loan online or visit a store. If in doubt, please call the contact number provided to see if support can be accepted.
How much money can I borrow on the weekend?
Depending on the state, you can apply for a loan between $100 and $1,000. You can get general information about what is allowed by checking local laws.