What is a Payday Loan?

A payday loan is a short-term loan that is intended to cover unexpected expenses until the person borrowing the money has their next payday. Typical payday loans are between $100 and $1500, and are usually on a 2 week term (or until the borrower’s next payday).

Usually the borrower fills out the payday loan application online or over the phone, and once the payday loan is approved, the money is deposited directly to the borrower’s checking account. At MyCashNow.com we also save you the hassle of having to mail a check or drive to a payday loan store to pay back your online payday loan. We will automatically withdraw the money to pay back your short term payday loan on the payback date you requested when you filled out your application.

MyCashNow.com does not require an intrusive credit check, to be approved for your fast cash payday loan. We loan to people from a wide range of credit scores, and base the amount of money you will qualify for off of your income or fixed deposits.

We also specialize in no fax payday loans for those customers who qualify. In most cases, we will get your payday loan approved and in your bank account overnight.

We also give you the ability to securely manage your payday loan account online, in the privacy of your own home. You can change your password, apply for a payday loan extension, view your fast cash payday loan history, and do many other account management tasks, all from your home computer.

Payday Loan Fees

At MyCashNow.com, we enjoy bringing you one of the lowest payday loan rates in the business. Whether you are using the cash for bills, debt consolidation, emergency expenses, or leisure activities; you can rest assured that at $9.31 per $100 (APR) loaned, you are getting one of the most competitive online payday loan rates available.

Please visit our Fees and Terms page to see for yourself just how affordable a payday loan from MyCashNow.com can be for our customers. And remember, new customers get their first payday loan for 50% off the initial finance charge!

Additional Questions about pay day loans?

Please call us at 1-866-398-2274 or visit our FAQ page for more information on pay day loans and MyCashNow.com.

Payday loans are a convenient and hassle free way to get you the money you need, no matter how far away your next payday. Please call us or go online to find out for yourself just how easy applying for a payday loan can be!