Frequently Asked Questions
Why choose Payday Loan Land?
Payday Loan Land, Inc. is a leading retailer of financial services, including check cashing, short-term consumer loans, bill pay and prepaid debit card services, and the largest owner operator of check cashing stores in the United States. In business since 2010, Payday Loan Land focuses on serving consumers who seek an alternative to traditional banking relationships to gain convenient and immediate access to financial services.
Altogether, we served over 29 million customers.
How do Payday Loans, Cash Advances and Check Cash Advances work?
To get a Payday Loan (or Cash Advance) all you need to do is fill out a simple application, and sign a few forms. This easy online process only takes minutes. Once you’re approved, you get the money in hand or have it deposited into your bank account within 24 hours. On your next payday, your account is debited for the amount you owe, unless you choose to renew your loan (if applicable in your state). For those customers who are not on direct deposit, Payday Loan Land will give a one business day grace period (from payday) to deposit your check.
What do I need to apply for a payday loan online?
All you need is to be employed, make at least $1000 a month, be a US citizen at least 18 years of age and have an active checking account. Members of the military and those who have recently filed for bankruptcy are not eligible for an online payday loan.
Does it matter if I have bad credit or no credit?
It does not matter if you have bad credit or no credit at all. Our payday loans are designed to help people in need of emergency credit, so we understand that you may have had credit troubles in the past.
Do I need collateral to apply for a payday loan?
No collateral is necessary or accepted.
Is there any cost to apply for the loan?
No. You will not be charged to apply for the payday loan, whether or not you are approved. Plus, with our satisfaction guarantee, you won’t be charged any fees if you change your mind about the loan within 48 hours.
How much can I borrow?
You can borrow up to $1,000 or more, depending on your state.
When will I receive my loan?
If all information is received by 12:00 Noon Central Time and can be verified by 3:00 pm Central Time, you will generally receive your money the next business day. For security purposes, we must be able to contact you by telephone before your loan is funded.
How will I know if I’m approved?
Shortly after we have all the necessary information, we will send you an email advising whether or not you are approved.
Will I need a fax machine to apply for a payday loan?
No. Payday Loan Land requires no faxing as a part of the loan application.
When do I have to repay the loan?
Your payday loan will be due on your next approved payday (loan durations are state specific). You will be informed of the due date when your loan is approved. You may also have the option to pay off the loan early or renew the loan until your next payday (if applicable in your state).
How do I repay my loan?
Payday Loan Land will initiate a transfer of funds from your bank account on the day the loan is due.
If I pay my loan early, how does that affect my finance charges?
Paying early will not result in any penalty. In certain states you may be eligible for a refund of all or part of your finance charge upon prepayment.
Is my personal information safe?
Yes, Payday Loan Land values your privacy and internet safety.