Introducing Instant Funding to Debit Cards

Online Payday Loans

Need emergency cash? An online payday loan could help you get the cash you need instantly, if approved. Our online application is quick and encrypted for your security.

Why consider a payday loan online?

100% Online Application

No need to wait in lines or leave the comfort of your home; apply completely online—no faxing required.

Quick Lending Decision

After submitting your online payday loan application and your information is confirmed, you will receive a quick lending decision.

Instant Cash

If approved, you can have cash instantly deposited to your debit card.

Actual Customer Reviews

Online Application Process

1. Apply

2. Receive Lending Decision

3. Sign Documents

4. Get Cash

5. Repay

Why Speedy Cash?

  • Instant Cash: Unlike most other online lenders, we have options to get your cash instantly. Yes, you read that right—INSTANTLY! Because when you're in a bind, time is of the essence and we don't want to make you wait. We offer the ability to get money instantly deposited to your debit card, or to immediately pick up cold-hard cash at any Speedy Cash location.

  • Excellent Service Since 1997: Whether you visit us on Trustpilot or Consumer Affairs, you will see that the majority of people who choose Speedy Cash are satisfied! That's an expectation you can have when working with us.

  • Data Security: Our website is backed by a McAfee SECURE™ certificate and is Norton Secure™ certified so your personal information is safe.

Apply for Your Online Payday Loan Today

Apply now in just minutes to receive a quick lending decision and choose from a variety of fast funding options with Speedy Cash.

Payday Loan APRs Explained

You may have heard it before: “The APR on a payday loan is extremely expensive!”, “Payday lenders are loan sharks!” At face value, we understand why people might make these comments. The reality is this: They likely haven’t been in a situation where they have a less-than-perfect credit score and need cash now.

That's why payday loans exist. For people who don't have access to traditional credit (like a bank loan). For people who can't afford another overdraft fee on their bank account. And for people who are not fortunate to have savings to fall back on.

But back to the topic at hand—APR. Let us explain why a high APR on a payday loan shouldn't scare you...

What even is "APR"?

APR, or annual percentage rate, is an interest rate stated as a yearly rate.

Now that I understand APR, explain why it's so high on payday loans.

Payday loans are often associated with high annual percentage rates. APR is what you would be paying if you had the loan out for an entire year. But a typical payday loan is meant to be just that—a loan until your next payday. So typically your loan principal (the amount of cash you borrow) plus finance fees are due to be paid back on your next payday (no matter what your payment schedule is).

Then how is interest applied to payday loans?

We love where your head is at! Understanding the fees is important. While it can vary by state and by lender, typically a flat-rate fee is assessed on the amount you borrow.

So why do you even display an APR on a payday loan?

Great question! We have to; it's a legal requirement. But that is why we also display the finance charges. It may be easiest to understand the fees by looking at the finance charges (which are often a flat fee on traditional payday loans).

Online Payday Loan Questions

A: Payday loans can be a temporary solution for short-term financial needs. The general idea is that the cash you get with a payday loan will simply hold you over until your next payday. Here are some situations where you might consider one:

Cover urgent bills such as utility bills, rent or food

Help with unexpected expenses such as auto repair or emergency medical expenses

Avoid overdraft fees, Non-Sufficient Funds (NSF) fees

If you will be unable to pay back your loan on your next payday, you might consider an Installment Loan or a Line of Credit. These loans allow you to make payments over time. To find out if these loans are available where you live, visit your state's available loans page.

A: The amount you can borrow is based on a number of different factors including your monthly income, credit score, and the maximum amount available in your state. Visit our available loans page to see the maximum loan amount in your state.

At Speedy Cash, we allow you to borrow any amount from $50 up to your approved limit and anywhere in between. Choosing your loan amount ensures you're getting the exact amount you need—why borrow more when you could limit your finance charges by only borrowing what you need?

A: You will need the following to apply:

  • Open and active checking account
  • Steady source of income
  • Valid ID
  • Valid email address

A: If approved online, you could get an instant loan with cash instantly deposited to your debit card! If you choose to have your cash direct deposited to your bank account funding times will vary based on the day and time you are approved, but you will generally receive your cash by the next business day.

We understand that something happened in your life to land you here. You are under some serious financial stress. We know that you want to find a solution very quickly, but we encourage you to make sure you fully understand the details of payday loans before moving forward. We’ve created additional resources to help you with your decision.

Introduction to Payday Loans

If you want to learn more about what a payday loan is and if a payday loan is right for you, we can walk you through the details.

Types of Payday Lenders

There are a lot of lenders out there, let us explain the differences.

Payday Loan FAQs

Do you have more questions about payday loans? Visit our dedicated payday loan FAQ page.

Rates and Terms

To see the finance charges associated with payday loans in your state, visit our rates & terms pages.

Product types and maximum loan amounts vary by market. Subject to state regulations, eligibility, credit check, underwriting and approval. Rates, terms and conditions apply. Title loans subject to minimum auto value requirements. See associate for details. Lending decisions and funding times subject to system limitations. Some applications may require additional verification, which can delay the lending decision.

Instant funding to a debit card is only available for online loans. Instant funding is not applicable for all debit cards and is not available in New Mexico, Ohio or South Carolina. Subject to system limitations. Some restrictions may apply.

Cash advances only available up to approved credit limit; some restrictions may apply.

NOTICE: The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The Federal agency that administers compliance with this law concerning this creditor is the Consumer Financial Protection Bureau, 1700 G Street NW, Washington DC 20006 and the Federal Trade Commission, Equal Credit Opportunity, Washington DC 20580.

Alabama: Minimum age to apply in Alabama is 19.

California: Speedy Cash is licensed by the California Department of Business Oversight pursuant to the California Deferred Deposit Transaction Law. California loans other than deferred deposit loans are issued pursuant to the California Financing Law. Installment Title Loans subject to minimum auto value requirements. Speedy Cash offers payday loans up to $255 and installment loans starting at $2,600.

Nevada: The use of check-cashing services, deferred deposit loan services, high-interest loan services or title loan services should be used for short-term financial needs only and not as a long-term financial solution. Customers with credit difficulties should seek credit counseling before entering into any loan transaction.

New Mexico: Speedy Cash is licensed and regulated by the New Mexico Regulation and Licensing Department, Financial Institutions Division, P.O. Box 25101, 2550 Cerrillos Road, Santa Fe, New Mexico 87504. To report any unresolved problems or complaints, contact the division by telephone at (505) 476-4885 or visit the website http://www.rld.state.nm.us/financialinstitutions/.

Tennessee: The State of Tennessee requires a minimum principal reduction. In order to comply with the minimum state-required principal reduction, Speedy Cash requires that minimum payments include a principal reduction of 2% or $2.50 for Customers who get paid bi-weekly/twice-a-month, or 4% or $5 for Customers who get paid monthly, whichever is greater.

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. under Chapter 151 of the Texas Finance Code. If you have a complaint, first contact MoneyGram Payment Systems, Inc. at 1-800-MONEYGRAM. If you still have an unresolved complaint regarding the company’s money transmission or currency exchange activity, please direct your complaint to the Texas Department of Banking: 2601 North Lamar Boulevard, Austin, TX 78705-4294, 1-877-276-5554 (toll free), www.dob.texas.gov.

Opt+: This card is issued by Axiom Bank or Metropolitan Commercial Bank, Member FDIC, pursuant to a license from Visa. Visa is a registered trademark of Visa USA Inc. All trademarks and service marks are property of their respective owners. ATM: No fee withdrawals at any Speedy Cash or Rapid Cash location. Transaction fees will apply for all other ATMs. No charge loads/unloads at Speedy Cash and Rapid Cash locations only.

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Customer Notice:
There are a wide variety of loan products available in the marketplace, so your choice of lending products should match your financial needs. Small-dollar loans used over a long period of time can be expensive.