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Frequently asked questions

What is a Payday Loan?

A payday loan is a small loan, typically between $100-$1000, that is is used to help a borrower's unexpected expenses such as bill payments, car repairs, household emergency repairs or other financial emergencies. Payday loans can be a great short-term source of emergency cash, but need to be repaid when the next paycheck arrives. Payday loans are therefore often referred to as Cash Advance Loans.

Is a direct lender?

No. is a lending network. After you have submitted your application via FlashPayday's secure site, we present your application to our large network of lenders. If we successfully find a matching lender based on your information and the lender's requirements, we will redirect you to loan terms on the lender's website. On the lender's website, carefully review the terms and conditions of the loan agreement. The contract should state the repayment schedule, fees and the APR of the loan. Read more on our how it works page.

How much can I borrow?

How much money you can borrow depends on a few factors such as the lender we match you with, your income and employment history. Lenders may provide up to $1000 and once approved, money is wired straight into your bank account.

How do I qualify for a loan?

Most lenders will qualify you for a loan if you:

  1. Have a job or receive regular income.
  2. Earn at least $800 per month.
  3. Are a U.S. resident at least 18 years old.
  4. Have a bank account in good standing.

Prior bankruptcy, a poor credit history or charge-offs do not automatically disqualify you - you may still apply for a loan.

How much will the loan cost?

The cost of the loan and APR depends on information in your application. The terms are disclosed in the application process when you are directed to the lender's loan agreement. If, when the terms are disclosed, they are not acceptable to you, do not sign the application. At this point you have NOT accepted the loan. You may use our APR calculator to estimate the range of APRs you may receive from lenders in our network.

What is your late payment policy?

Additional fees will more than likely occur in the event of a late or partial payment. Review the late payment policy detailed in the loan documents provided to you by your lender before appending your e-signature, and thereby agreeing to the loan terms.

What is your non-payment policy?

Any action regarding non-payment may be initiated by the lender we match you with, not by Additional fees may apply to you in the event that you are unable to repay your loan. All of the reputable lenders within the FlashPayday network are dedicated to pursuing collections of past due accounts with conduct that is fair and reasonable.

What is your renewal policy?

Renewal policies are determined by the lender, not by FlashPayday, and therefore they will vary. But, be aware some lenders may not debit your account for the full amount of the loan, which may result in additional fees and a renewed loan. Make sure you read the renewal policy carefully and make your wishes clear to the lender.

Do I need to fax documents as part of the application?

In most cases no. However, if data provided is inconclusive or seems false, lenders may ask for additional documentation to be faxed.

Is this site secure?

Yes. We use 128 bit SSL (Secure Socket Layer) encryption technology to safely transmit your data.

Can I have multiple loans at a time?

We highly recommend you do not take out multiple payday loans at once. Due to their high interest rates, excessive usage of payday loans may accelerate debt problems. Please consider payday loan alternatives before applying for a loan.

How do you make money?

FlashPayday receives a comission from lenders when a successful match between applicant and lender has been made. If we cannot match you with a lender, we don't make money. This keeps us on our toes and we work hard to partner with many lenders so we can help you get a loan!

I certify that I am a U.S. resident over the age of 18. I agree to the Privacy Policy and Terms of Website Use and that I may receive email offers from and its marketing partners. I understand that is not a lender, does not broker loans, and does not make cash advance or credit decisions. Information that you provide in your application will be shared with lenders participating in our network of payday loan lenders, and those lenders will review, verify, and research your information to determine whether you may qualify to receive a loan from them.