Speedy Cash - Your Online Payday Loans Direct Lender*
Quick Loans Since 1997
Speedy Cash has been providing cash loans since 1997. Over the years, our loan types have evolved to meet our Customers' needs.
Secure Online Application
Speedy Cash offers a 100% online payday loan application that is encrypted for your security.
Instant Lending Decision
Submit your loan application online and we will provide you with an immediate lending decision.
*In Texas, Speedy Cash operates as a Registered Credit Access Business (CAB). The actual Lender is an unaffiliated third party. Speedy Cash engages in the money transmission and/or currency exchange business as an authorized delegate of MoneyGram Payment Systems, Inc. and Western Union Financial Services under Chapter 151 of the Texas Finance Code. In Ohio, SCIL, Inc. dba Speedy Cash, is a registered Ohio Credit Services Organization (CS.900174.000) operating pursuant to the Ohio Credit Services Organization Act. The actual lender is an unaffiliated third party.
What's the Difference Between Non-Direct & Direct?
To understand how direct payday lenders are different from non-direct lenders, you must first understand how direct lender payday loans work. When you apply for a loan with direct lenders, you are applying directly with them meaning they will process your application, fund approved loans, and process loan payments.
When lenders are not direct payday loan lenders, it typically means that they will either collect your information and then send it on to several different lenders to attempt to get you approved for the amount that you are seeking (typically these are lead generators), or they will process your application and then work with a third party lender to fund your payday loan (typically these are state-registered CSOs).
Direct Lender vs. Non-Direct Lenders
|Funds Loan||Processes Payment|
|Credit Service Organizations
& Credit Access Businesses
How Can I Spot Direct Payday Lenders?
If you don't know whether or not the lender you are applying with is a direct lender, take a look around their website. Look specifically in the fine print at the bottom of the website. If they mention matching you with a lender, or require a third party to get you your funds, then they are most likely NOT a direct lender.