Overcome Financial Emergencies With Our Short Term Loans

Get the Cash You Need With a Short Term Loan

Hey there! This is Randy from Ready Payday Loans. My job is to help you understand everything you need to know about short term loans. 

I understand that life can hit you with unexpected expenses when you’re unprepared. You don’t have to let a surprise cost like car repairs or a medical bill completely ruin your monthly budget. We offer financial solutions that help you get back on track. 

You can borrow as little or as much as you need with our short term loans. You’ll have the flexibility to set your repayment terms. Get money in your account as soon as today with a short term loan from Ready Payday Loans. 

Apply online and learn more about our financial solutions.

What’s a Short Term Loan?

Short term loans are fast and flexible. They help you get out of financial binds quickly. You can borrow any amount from $100 to $35,000. 

The key thing to remember with a short term loan is they are just that  short term. You’ll be required to pay back your loan in a shorter timeframe than you would other loan options. 

You can pay back your loan in any period ranging from one to 60 months. We’ll break your payment up into equal installments. There won’t be any surprises as to what your payment will be each month.

What Are Short Term Loans Used For?

A short term loan is perfect for assisting you with getting into a better financial position. They’re ideal for various costs, like paying for a wedding, a new car, consolidating your debt, or starting a business. You’ll get your money immediately to use in any way you’d like.

Are There Different Kinds of Short Term Loans?

Ready Payday Loans offers multiple types of short term loans. The one you choose depends upon your needs, credit score, how much you want to borrow, and when you want to pay it back.

Payday Loans

A payday loan or cash advance is a good option for those who need a small amount of money to tide them over until their next payday. The amount loaned in these types of instances is usually a few hundred dollars. A payday loan is used to pay for high utility bills or other small costs.

Installment Loans

You can spread out the payments for an installment loan over a few months. You can pay your loan off over a longer period than you with with a payday loan. The loan can get paid off in a few weeks or months.

Bad Credit Loans

We understand that many borrowers might have poor or no credit. You can apply for a bad credit loan and potentially get approved by one of our lenders. Lenders will look at other factors to determine your eligibility, like your monthly income.

What Are the Requirements for a Short Term Loan?

There are a few qualifications you’ll need to meet to apply for a short term loan. You’ll need to be over the age of 18 and a US citizen. We also require that applicants have an active checking account, phone number, and email address. 

You’ll also have to show proof of stable employment and have an income of over $800 each month. The income can be from full or part-time work. 

Our lenders will conduct various checks during the application process. They want to ensure that you can repay your loan within the terms they set.

Can Ready Payday Loans Help Me Find a Short Term Loan?

We work closely with borrowers to match them with a short term loan that fits their budget and needs. You’ll need to meet our eligibility requirements to apply.

How Does the Repayment Process Work?

You’ll make equal payments each month to your lender. Your loan duration can range from one to 60 months. 

We utilize a program that collects payments from your account automatically each month, usually at the end of the month. You don’t have to worry about forgetting to make your payment or making manual payments. We handle everything for you. 

Will You Run My Credit Score?

Many of our lenders will check your credit score during the application process. Keep in mind that some of our partners are willing to work with borrowers that have poor or bad credit. 

We know that it can be challenging to maintain a good or excellent credit score. You might have recently turned 18 and haven’t had the chance to build up your credit score yet.

Do You Work With Lenders?

Yes, Ready Payday Loans works with lenders. We’re not lenders ourselves. 

Our goal is to match your loan application with the best lender in the country that’ll offer you exceptional rates. Our technology evaluates multiple data points during your loan application. This enables us to match you with a loan offer within moments.

How Our Process Works

Step One: Start the Online Application

Ready Payday Loans makes it a snap to apply for a short term loan. You don’t have to get in your car and drive across town to your nearby bank or credit union. Apply for a short term loan on our website.

Step Two: Get Approved for a Loan

We’ll let you know within a few minutes if you’ve been approved for a loan. You can browse through your offers, selecting the one that matches your needs.

Step Three: Receive Your Money

Some of our customers receive their money within a few hours of getting approved. You might not receive your cash until the next business day, depending on what time you apply. Either way, your money will get deposited directly into your checking account. 

Why You Should Work With Ready Payday Loans

The team at Ready Payday Loans understands how upsetting and stressful a financial emergency can be. We’ve been in similar situations ourselves. 

We also get how traditional loans from credit unions and banks make it challenging to get funding. You sometimes won’t find out for weeks or months if you’ve been approved. There are many situations where you don’t have the luxury of that kind of time. 

At Ready Payday Loans, we’re happy to be the leading partner for short term loans. Our goal is to get you a loan decision and money as quickly as possible. 

Transparency

Being open and honest with our customers is important to us. You won’t encounter any surprise fees when you work with us. Everything is completely laid out in our contracts.

Maximize Your Approval Chances

Ready Payday Loans connects our customers with loan options. You have a better chance of getting approved for a loan when you work with us instead of directly going to a lender. We have countless partners, improving your chances of receiving an affordable loan offer.

We Don’t Discriminate

Traditional loans are designed for those with impeccable credit scores and high-paying jobs. We understand that isn’t a reality for a lot of people. We’ve successfully helped numerous customers with bad credit scores find a loan option that helps them.

Your Details Are Safe

It can be concerning to enter personal information on the web. We work closely with the leading security partners in the industry, ensuring that your data is safe from hackers.

Frequently Asked Questions

What if I Miss a Payment?

You should get in touch with your lender immediately if you’re struggling to make your payments. They’ll be willing to make more affordable arrangements for you. This could be increasing your loan terms so your remaining payments are spread out over a longer period. 

Being late on a payment or failing to make one can hurt your credit score. You might also encounter late fees on your payments. Speak to your lender as soon as possible.

Will Getting a Short Term Loan Affect My Credit Score?

Getting a loan and making consistent, on-time payments will boost your credit score. This is a great option if you don’t have any credit or you have a poor credit score. Just be sure to make your payments instead of defaulting.

How Much Does a Short Term Loan Cost?

The APR for a short term loan ranges from 36% to 600%. The amount you qualify for depends on different factors, such as your income, residential status, and credit score.

How Fast Can I Get My Money?

Depending upon what time you get approved, you can receive your money in as little as 15 minutes or one hour. This is especially true when you borrow small amounts, like a few hundred dollars. Larger loans might be available on the same day but take longer to process. 

Apply Online for a Short Term Loan and Get Cash Today

Ready Payday Loans is here to help you get back on your feet and overcome your financial emergency. Apply for a short term loan and get approved today.