Legit payday Loan companies

BBB Approved Companies

The following list contains legitimate companies that offer payday loans and that have been accredited by the Better Business Bureau after meeting all their strict requirements.

If you need a short term cash advance from a trusted source, the following websites are a great place to start your search. Borrowing money online is a fast and convenient option, but always keep safe by choosing a reputable lender to work with.

A payday loan is a short-term loan that is accessible to almost everyone.
In many cases, the lender can fund it right away, with same day or next day depositing into the borrower's checking account.

They are called payday loans because the funds you borrow become due at your next payday, which is generally between two and three weeks from the time you obtain it.
If you're looking for emergency cash to pay for any need you may have, this type of solution is something you may want to consider.

These short-term loans provide individuals with access to the cash they need right away. The funds can be used for any purpose you may have.
You will need to repay the amount you borrow plus a fee for borrowing the funds. Fees range widely from one company to the next and they also depend on the actual amount you are borrowing.

In most situations, you will need to provide the lender with a significant amount of information in order to get approved.
This includes your personal identification, checking account bank statement, and your employment information.
The lender will base the amount you can borrow off the amount of income you are expected to earn with your next paycheck.

Keep in mind that state laws regulating this industry, vary from one state to another. In some states, these loans are available but only for a specific amount of time or for a specific fee. In other cases, they may not be rolled over. This means that if you cannot pay the money back at your next paycheck, you cannot renew the loan for another term. Other states allow this.

There are many reasons to use this unique financial channel. Some of those include the following situations.
• You may need to make unexpected repairs on your vehicle so that you can get to and from work.
• A household emergency, such as a plumbing problem, may warrant borrowing money right away to get a professional out to fix the problem.
• You may need money to cover food, utilities, or other costs until your next paycheck.

If you do not have a savings account, using such a cash advance can help you to cover the overall costs. It can also help you to get by when you are experiencing a sudden financial crisis.

These loans are not inexpensive. However, they generally charge a flat fee based on the amount you borrow.
Since they are short-term loans, they do not have compounding interest that adds up each month.
You are unlikely to carry this long month to month unless you find yourself in financial trouble.
For many people, this channel can provide the fast cash necessary to cover unexpected life events. Compare all lenders carefully. Determine which one gives you the most time to repay the funds at the lowest cost.
Some lenders can also get the funds to you faster. Others do not need a lot of documentation to provide you with the cash. Once you find a legitimate provider (preferably, a BBB accredited one), you may be able to get your needs met right away.

Interesting facts

• First Internet Bank of Indiana, sometimes called First Internet Bank or First IB, is one of the first state-chartered, Federal Deposit Insurance Corporation-insured institutions to operate solely via the Internet.
  The bank was founded in 1997 by entrepreneur David B. Becker, incorporated on October 28, 1998, and opened to the public on February...