Need some extra cash? You’re in luck! Loans General can help you get approved for a $500 dollar loan in as little as 5 minutes! We know that sometimes life throws you a curveball and you need some extra money for things like medical bills, car repairs, or other unexpected expenses. That’s why we’re here to help! We work with direct lenders for payday loans and personal loans to help you fulfill your loan request and get cash in your checking account as soon as the same day.
Complete Your Loan Request
If you need a payday loan or personal loan, just fill out our loan application online. It only takes a few minutes to complete and you’ll be connected to a direct lender and presented with your loan options. There’s no obligation to accept a cash loan, so if you’re not happy with the terms of your loan approval you can simply decline it.
Eligibility Criteria For Payday Loans
You don’t need a perfect credit history to get a payday loan agreement or installment loans, in fact you may qualify even with a poor credit score or bad credit history. Payday lenders generally don’t look at your credit rating when determining whether to give you a loan, as they understand that people in need of quick cash don’t always have great credit.
However, there are still a few requirements you’ll need to meet before taking out a payday loan:
Be 18 Years or Older
In order to qualify for payday loans or installment loans, you must be at least 18 years old. This is because lenders can only enter into legal contracts with adults. Lending companies also want to be sure that you’re capable of repaying your loan on time, so being of legal age is important.
Working Phone Number and Valid Email Address
When you apply for a $500 dollar loan, the lender will need some way to get in touch with you if they have any questions about your application.
Have a Regular Source of Income
In order to repay your loan, you’ll need to have a regular source of income. This could come in the form of a full-time or part-time job, disability funds, unemployment benefits, social security, or other financial support.
Have a Bank Account
In order to be eligible for a payday loan you’ll need to have an active checking account with a bank or credit union. If you are approved for an installment loan or payday loan, your money will be deposited directly into your account.
Be a US Citizen or Permanent Resident
In order to qualify for a loan from most lenders, you’ll need to be a US citizen or permanent resident. Some lenders may have additional requirements, such as being at least 18 years old.
If you meet all of these qualifications, then you should have no problem getting approved for a $500 dollar loan! Just fill out our online application and we’ll connect you with direct lenders for online loans.
Payday Loan Questions and Answers
Can anyone get a loan of $500?
Yes, as long as you meet the eligibility criteria listed above. There is no credit score required for payday loans, so even if you have bad credit, you may still be able to qualify for a loan.
How long does it take to get approved for a $500 loan?
The approval process is fast and easy – it only takes a few minutes to complete our online application. Once you’re approved and agree to your loan terms, the funds will be deposited directly into your bank account as soon as the same business day or next business day.
How does a $500 dollar loan work?
A 500 dollar loan is a short-term, unsecured loan that can be used for emergency expenses or unexpected bills, such as car repair or medical bills. The funds are typically deposited into your bank account within 24 hours, and you will have to repay the loan plus interest and fees within a few weeks.
How do I apply for a $500 loan?
Applying for a 500 dollar loan is quick and easy. You can complete our online application in just a few minutes, and you will receive an instant decision. Even if you’ve had credit difficulties or have a poor credit history, you may qualify for a $500 money loan.
What are the requirements for a $500 loan?
To qualify for a 500 dollar loan, you will need to have a regular income, be at least 18 years old, and have a valid checking account. You will also need to provide some personal information, such as your name, address, and social security number.
What credit score do I need for a $500 loan?
You can get a loan with no credit score needed, but your interest rate may be higher if you have bad credit. Short term loans like 500 dollar loans are not based on your credit score, but rather your ability to repay the loan.
Are payday loans reported to credit bureaus?
Online loans from direct lenders may be reported to the credit bureaus if you default on your payments. This could negatively impact your credit score. $500 dollar loans are not typically reported to the credit reporting bureaus unless you default on your bank loan, but it is important to make all payments on time to avoid any late fees or penalties.
What is the easiest kind of loan to get?
A $500 dollar payday loan is one of the easiest loans to get approved for. The application process is quick and easy, and you can usually get your money in as little as 24 hours.
When should I take out a 500 dollar loan?
If you need cash fast, then a 500 dollar loan may be right for you. These loans are typically used for emergency expenses, such as medical bills or car repairs. If you have a savings account and aren’t struggling to make ends meet, you probably don’t need to get a $500 loan.
What is the interest rate on a $500 loan?
The interest rate on a $500 payday loan is usually between 300% and 500%. Make sure to review your payday loan repayment terms before you agree to your loan amount.
Is there a credit check for a $500 loan?
While having a bad credit score may make it harder to get approved for a $500 loan, it is still possible to get an online loan with bad credit. We work with a network of lenders who offer loans to people with all types of credit scores, so you don’t need to worry about credit checks. Our network of payday lenders may run a credit check with the major credit bureaus but having bad credit won’t disqualify you from getting a $500 dollar loan.
Get a $500 Loan Today!
If you need cash fast, a $500 loan may be the right solution for you. We work with a network of lenders who can offer you loans in as little as five minutes – all from the comfort of your own home. All you need is a computer or mobile device and an internet connection to apply.
So what are you waiting for? Apply now and get the cash you need today!