What Loan Can I Get Instantly?

Instant loans are usually a cash advance or payday loan, which come with very high interest rates and should be used as a last resort. The Annual Percentage Rate (APR) for short-term loans can range from 100% to 900%. At Minute Loan Center, getting same-day loans and borrowing money instantly is fast and stress-free, whether you apply online² or in store. Some customers may need to submit additional documentation due to state law and qualification criteria.

This is an unsecured loan with monthly installments, offering borrowers with bad credit greater amounts of money and longer repayment periods than payday lenders. You can apply for a loan without any money being withdrawn from your bank account. Credit unions may offer alternative payday loans, small dollar loans with low rates that are repaid within six months to one year. The NerdWallet review process evaluates and rates the personal loan products of more than 35 financial institutions.

Pawnshop loans can be secured with items such as jewelry, musical instruments, electronic devices, and other high-value items. Even if you have a bad credit score (lower than 630), you may still be able to get a loan, although many lenders put a high value on your credit score on an application. Payday loans are often used by people with lower than perfect credit scores who cannot find approval for a loan through traditional lenders. Payday loans can often be renewed or extended for the cost of the loan commission, increasing the total cost to the borrower and moving the loan to the next payday.

However, if you're struggling and don't have good credit, you'll likely still get approved for many personal loans. We can also offer you secured or unsecured loans so you can access the funds you need. The loan origination fee can range from 1 to 10% of the loan amount and is subtracted from the loan before the funds are obtained. The terms of your loan are not guaranteed and may vary depending on the purpose of the loan, the length of the loan, the amount of the loan, credit history and method of payment (automatic payment or bill).