Apply OnlineFill out our 24/7 fast, secure, easy and faxless online payday loan application which takes less than 3 minutes from the privacy of your home.
Get quick payday loan decision with no credit checks run. We give instant approval for bad credit too.
Get the approved cash advance deposited directly into your bank account on the same day. No collateral no teletrack!
Direct Deposit Loans in Minutes: Perfect Remedy for Cash Crunch
Cash crunches are normal household things. From medical expenses to pending bills- there is nothing new about these financial troubles. However, the solution to cash shortages has gotten advanced. Not a long time ago, people who live paycheck day to paycheck day, had to physically visit payday loan lenders for small cash loans. Credit check, paperwork, faxing and so much more used to be a regular practice. More often than not borrowers did not get the loan on time. There was a chance of losing the check as well. Thankfully those days are gone! With direct deposit loans, one can avail a cash advance on the same day right in their bank account. Lenders like PaydayLoanTeller have made it extremely easy to get payday loans online with a same day deposit.
How do Payday Loans Online with a Same Day Deposit Work?
The technology called Automated Clearing House (ACH) is the reason why availing payday loans online with a same day deposit has become possible. It allows online transferring of money to borrowers’ accounts immediately. Before one gets a direct deposit loan in minutes, the application for no fax payday loans needs to be approved. How does one start the application process, then? It’s simple and fast! As far as PaydayLoanTeller is concerned, you just fill the application form with basic details including that of your bank account. Once verified and approved, the payday advance gets deposited into the same account instantly! That is why these loans are also called instant deposit loans. Similarly, when the repayment date comes, the principal and interest amount get automatically paid from the account.
How to Get Direct Deposit Payday Loans with Bad Credit
In case you are one of the millions of Americans that have a poor credit score, don’t worry. By default, these are no credit check payday loans. Credit check used to be a tool to reject many applicants by traditional lenders with high-interest rates. Our interest rates are low, therefore anyone with a regular job can pay back the loan. That is why we don’t check our customer’s credit history. However, PaydayLoanTeller, offers payday loans online with same day deposits even for bad credit to people who match a certain criterion. They should be citizens or legal residents of America, aged 18 or more with a valid and stable income, and should provide their bank and contact details. As a direct lender, we offer you flexibility when it comes to repayment. We also have a rollover facility. Apply now, and make use of these online instant direct deposit loans right when you need urgent or extra cash.