Online Payday Loan Direct Lender

Getting an Online Payday Loan with a Direct Lender: Your Ultimate Guide

Do you need money fast? For the quickest approvals with the best rates, you need to go straight to the source — an online payday loan direct lender. But what exactly is a direct lender? And why are they your perfect option? As you discover more about this speedy borrowing option, you'll uncover many advantages and realize just how straightforward it is.

But before diving headfirst into the application, let us explain more about online payday loan direct lenders, the benefits, and why is your one true loan-matching service.

What Is a Direct Lender?

As the name suggests, a direct lender is solely in charge of the lending process. There aren't any go-betweens or third parties muddying the process and making it harder for you to achieve the best possible rates.

Instead, a payday loan direct lender controls all stages of the process — from approving you to releasing funds to managing the final repayment stage.

Contrary to popular belief, the majority of payday loan companies aren't direct lenders. Instead, they use separate companies for analyzing your application and lending you money. So, you've dealt with at least three companies by the time you get your loan! And yes, you'll likely deal with a plethora of third-party marketing calls and emails.

What Are the Advantages of a Direct Lender?

Many people choose to get a payday loan from a direct lender so they never have to deal with multiple service providers. They benefit from one company that handles every aspect of the process. But there are so many other benefits, including:

No Middleman

Without a go-between, your data is more secure than ever before. You don't have to worry about whether the loan company's third parties have tight security measures. Why? Because they don't exist!

No Third Parties Receive Your Information

When dealing with numerous providers, it's only natural for third-party advertisers, marketers, and scammers to find and use your information. Thus, you risk cold calls and hundreds of junk mail letters, even after repaying the loan. Thankfully, you can leave that stressor in the past with a payday loan direct lender.

Lower Rates

Perhaps one of the best advantages is the lower interest awarded when using a direct lender. As the loan doesn't go through multiple channels, fewer people need paying, and therefore, you get a less costly loan.

Faster Approval Times

A streamlined, one-company process makes for lightning-fast approvals. What more could you want during a financial emergency?

No Perfect Credit Needed

Whether you have excellent credit, poor credit, or bad credit, you can get an online payday loan from the right direct payday lender. Some lender even do not run hard inquiries, only soft ones.

Rapid Turnaround

Since you're dealing with with the lender directly, you benefit from swift turnaround times. You'll usually receive an approval decision on the same day you apply!

How to Get an Online Payday Loan from a Direct Lender?

  1. Apply using online form — Complete the short application form. It should only take five minutes.
  2. Your application gets reviewed — You submit the necessary documents, and the payday lender will review your application almost instantly.
  3. Wait for the outcome — You will get the lending decision as soon as possible.
  4. Receive the money you need — Finally, the money you need lands in your bank account in less than 24 hours.