FAQs

Is GoPaydayCash.com a direct lender?
No. GoPaydayCash.com is not a direct lender. We submit your loan application to our large network of prominent lenders. With sucessful match of your application with the lenders requirements, we will redirect you to the loan terms of the lender. On the lender’s website, carefully review the terms and conditions of the loan agreement. The contract should state the fees, APR, and repayment schedule of the loan. Read more on our how it works page.

What is a Payday Loan ?
A payday loan is a short term cash loan and is also popular as cash advance loan. These payday cash loans range typically between $100-$1500. Once you get cash in your account, you may use it to cover small, unexpected expenses. Payday loans can be an instant cash source for emergency financial needs. You have to pay back the loan amount on the next pay day.

How much can I borrow?
You may borrow up to $1500, but it depends on a few factors such as employment history, your income, and the lender we match you with. Once your loan application is approved, the loan amount up to $1500 will be transferred into your bank account.

How do I qualify for a loan?
The payday lenders will qualify your loan application if you:
- Are a U.S. resident at least 18 years old.
- Earn at least $800 per month.
- Have a bank account in good standing.
- Have a job or receive regular income.
Even if you have poor credit history, you are eligible to qualify for cash advance payday loan.

What happens if I’m late with my payment or don’t pay at all?
Additional fees will more than likely occur in the event of a late or partial payment. Failure to pay can result in legal action, as well as reporting of the non-payment to a consumer reporting agency.

How much will the loan cost?
The cost of the loan and APR depends on information in your application. Use our simple online application and the terms will be presented to you after we redirect you to the lender’s website. If the terms and fees are not what you are looking for, do not sign the loan agreement.

What is your renewal policy?
Renewal policies are determined by the lender, not by us, so they will vary. 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.

Can I have multiple loans at a time?
Due to their high interest rates, excessive usage of payday loans may accelerate debt problems. We highly recommend you do not take out multiple payday loans at once.

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.

How do you make money?
when a successful match between applicant and lender has been made, GoPaydayCash.com receives a commission from lenders. 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!