Frequently Asked Questions
Here are the answers to the most commonly asked questions about Payday Loan Center.
What is Payday Loan Center?
Payday Loan Center is a website that provides online payday loan matching. Our lenders can offer you loans of up to $1500 that will be deposited into your account by the next possible business day. We specialize in quick, no-hassle payday loan matching to get you the emergency funds you need when you need them.
How do I sign up for a Payday Loan Center loan?
You can request a Payday Loan Center loan by clicking "start now" anywhere you see it on our site. This will take you to our short, online sign up form. The form will only take a few minutes to fill out. The sign up form is completely free and comes with no obligation. Once you have signed up we will match you with a payday loan lender.
How large are Payday Loan Center's lenders loans?
The size of the loan for which you are approved will largely depend on your income. However, in general, our lenders offer loans of up to $1500. This is up to five times the maximum amount of some loans.
When will I have my Payday Loan Center loan?
If you request your loan during regular business hours, you will have your Payday Loan Center loan in your account by the next possible business day. Our lenders typically wire the funds to your account the evening that they receive your information, so you have access to your loan by the time you wake up the next morning. You don't have to wait for checks to clear or anything.
When will I have to repay my Payday Loan Center loan?
Because Payday Loan Center loans are secured against your paycheck, most of our loans' due dates coincide with your next payday. In other words, repayment plus a finance charge will automatically be deducted from your account when your next paycheck is deposited. However, not all loans coincide with the date of your payday, so consult your consumer loan agreement for your individual loan's due date.
How does repayment work?
Usually a loan comes due to two weeks, but different lenders will have different options. You can also choose to pay part of the loan and the finance charge and then roll it over for additional time. However, to prevent payday loan abuse, please read and understand our be a better budgeter page.
