Have you been looking for the $300 payday loan online? That is what I will discuss here: the 10 best online payday direct lenders. Read on.
A payday loan is a short-term, high-cost loan, usually due on your next payday.
A payday loan may be available via storefront payday lenders or online, depending on the law of your state.
You can provide a debit card number, write a post-dated check, and receive the cash the same day. And when the check rolls around, the lender will cash it to pay the loans in full.
Payday loans are used for:
- Household repairs.
- Emergencies.
- Car repairs.
- Medical bills.
- Funerals.
- Groceries.
- Unexpected bills.
- Rent.
How Payday Loans Work
Once approved for a payday loan, your lender requests you complete some essential paperwork. You will need to share your account information so you can receive funds.
Your loan repayment terms vary by lender and loan amount. Some payday lenders may want the entire balance of the loans with interest repaid within 2-4 weeks.
For instance, if you borrowed a loan, particularly a more considerable amount, your lender may arrange automatic payments every two weeks until the loans are repaid with the amount of interest required. The same goes for a small amount of loan. Your lender might set up an auto draft from your checking account to repay the amount and the interest two weeks later.
What is a 300 Dollar Payday Loan?
A 300-dollar payday loan is a loan of $300, which you refund in 30 days or less, depending on the state law.
A $300 payday loan can save lives in many critical situations – it provides emergency cash – you can get it as fast as possible and use it immediately.
Though it may be only a temporary solution, it can reduce your anxiety and stress and solve your short-term cash problem.
RECOMMENDED
Top 10 Payday Loans That Accept Prepaid Accounts Online
Ace Cash Payday Loan: How to Apply, Requirements & All you Need to Know
7 Legitimate Payday Loans Online Direct Lenders
List of Direct Payday Lenders in Australia 2022
How to Borrow $300 Payday Loan Online
With a payday loan, you can borrow money at a lower interest rate without documentation or collateral.
The online loan process is simple, safe, and swift. Look for an online lender that offers a $300 loan and complete its short loan request form consisting:
- Your name.
- Your address.
- Your date of birth.
- Cell phone number.
- Email address.
- Your State.
- Your monthly income.
- Your employment details.
- The amount you wish to borrow, i.e., $300.
- The loan term.
- Your social security number and
- Your checking account number.
After that, click on the ‘submit’ button.
In less than 60 seconds (90 seconds are used for 90% of clients), you will get a response from a 300-dollar payday loan direct lender. That is how expeditious borrowing loans online could be.
There would be no need to drive around searching for storefronts, burning gas, and wasting time. You complete the short form online and receive the loan.
List of the Top 10 Best Online Payday Direct Lenders
There are many online payday lenders, but below are the top 10 best, secure, and most expeditious online payday direct lenders you can get loans.
1. ClearViewLoans
ClearViewLoans is the best online payday lender that connects loan seekers with licensed and qualified lenders as quickly as possible by reviewing your submitted details and documents.
Features of ClearViewLoans
- Maximum Loan Amount: $5,000.
- Minimum Loan Amount: $100.
- APR Ranges: Varies.
The Benefits of Getting Loans from ClearViewLoans
- It requires simple application processes.
- You can borrow up to $5,000.
- It funds your loan within 24 hours (a day).
- It offers a high loan approval rate.
The Drawbacks of Getting Loans from ClearViewLoans
The borrower must:
- Be up to 18 years of age.
- At least have a job for 90 days.
- Be able to make at least $1,000 earnings per month.
- Have an active checking account.
- Be able to provide a valid telephone number and email address.
2. CashUSA
CashUSA is another online payday direct lender that gives users access to different loan amounts with an interest rate that is proportionally low and appropriate for individuals and loan seekers.
Features of CashUSA
- Maximum Loan Amount: $10,000.
- Minimum Loan Amount: $500.
- The Annual Percentage Rate ranges from 5.99% to 35.99%.
- Loan Term: 3 to 72 months.
Benefits of Getting Loans from CashUSA
- It offers a secured online application.
- It provides many lender networks to suit its clients.
- You can borrow up to %10,000.
- It funds your loan in 24 hours.
The Drawbacks
An application can only be offered to you if:
- You are a U.S. citizen.
- You are up to 18 years of age or older.
- You can make at least $800 earnings per month.
- Have an active bank account.
- You can provide a valid telephone number and email address.
3. CreditLoan.com
CreditLoan.com is an online payday lender well-known for giving out loans to people with low or bad credit scores. It is a top app for immediate payday loans online and guaranteed approvals.
Features of CreditLoan.com
- Maximum Laon Amount: %5,000.
- Minimum Loan Amount: %250.
- Annual Percentage Rate: Varies
- Loan Term: Varies.
The Benefits of Getting a Loan from CreditLoan.com
- They offer loans to a client with bad or low credit scores.
- You can borrow up to $5000.
- It deposits loans directly into your account within 24 hours.
- It has two distinct lending networks – one for bad credit applicants and the other for good credit applicants.
The Drawback
An applicant with bad or low credit scores cannot borrow a loan often.
4. Money Mutual
Money mutual is among the best online payday direct lenders offering immediate loans. It is trusted by millions of customers and is one of the best in the U.S. that assists people get loans approved fast.
Features of Money Mutual
- Maximum Loan Amount: $5,000.
- Minimum Loan Amount: $500.
- APR Range: Varies.
- Loan Term: Varies.
The Benefits of Borrowing Loans from Money Mutual
- You can borrow up to $5,000 loans.
- Its online form takes less than 10 minutes to complete.
- It provides your loan in 24 hours.
- It has an online marketplace of lenders.
The Drawbacks
- The borrower must be a U.S. citizen.
- You must be 18 years or older.
- You must have a job earning at least $900 per month.
5. BillsHappen
BillsHappen is a trustworthy and fast online payday lender where an individual can get quick a loan as possible to solve emergencies.
Features of BillsHappen
- Maximum loan Amount: $5,000.
- Minimum Loan Amount: $500.
- APR Range: Varies.
- Loan Term: Varies.
The Benefits of Getting Loans from the BillsHappen
- You can get up to $5,000 loans.
- It accepts all credit ratings.
- Bank account and SSN for security purposes.
- Multiple options are given when one form is submitted.
The Drawbacks
- You cannot borrow the minimum loan amount of $300.
- Getting a loan from BillsHappen requires your bank account and Social Security Number (SSN). Without the provision of those, you cannot get the loan.
6. BadCreditLoans
BadCreditLoans is another great online payday lender that issues fast loans to its customers.
Like CreditLoan.com, it is for bad credit borrowers for it knows that a poor credit score can impede a borrower from being qualified for emergency loans.
Like ClearViewLoans, it connects borrowers with payday loan lenders who would fund your loan and offer you the cash immediately.
After submitting your application on the BadCreditLoans website, it shares your request with multiple lenders to fulfill lousy credit loans ranging from $500 to $10,000.
Features of BadCreditLoans
- Maximum Loan Amount: $10,000.
- Minimum Loan Amount: $500.
- The Annual Percentage Rate ranges from: 5.99% to 35.955%.
The Benefits of Getting Loans from BadCreditLoans
- There is no upfront fee.
- Application takes place within a few minutes.
- It offers up to $10,000 loans.
- There is no minimum credit score.
The Drawbacks
Your application is accepted if you:
- Have a steady income.
- Up to 18 years of age or older.
- Can provide proof of employment.
- Have an active bank account.
- A U.S. citizen.
7. PersonalLoans.com
PersonalLoans.com, as the name implies, is another online payday direct lender that is best for personal loans up to $35,000.
It provides a comprehensive marketplace and a vast network of payday loan partners for borrowers who contemplate their options before accepting a loan.
PersonalLoan.com prioritizes a precise, fixed loan application and repayment system. You know how much you borrowed and how much you will pay back, including interest rates and applicable fees.
But, a borrower’s credit score is considered before approving the loan. Some with a low score may not be eligible for a loan, while others may only be qualified for loans with high APRs.
State laws may also reduce your total loan amount depending on your location.
Features of PersonalLoans.com
- Maximum Loan Amount: $35,000.
- Minimum Loan Amount: $1000.
- APR ranges from: 5.99% to 35.99%.
- Loan Term: 3 to 72 months.
The Benefits of Getting a Loan from PersonalLoans.com
- It offers loans for any occasion.
- It has no hidden fees or upfront costs.
- It offers up to a $35,000 loan.
- It provides options for the borrower.
- It funds a loan as quickly as 24 hours.
The Drawbacks
You can only get a loan if you:
- A U.S. citizen.
- Have a bank account registered in your name.
- Are 18 years of age or older.
- Have a valid SSN.
8. 247FastFund.com
247FastFund.com is another online payday direct lender that deals in short-term loans.
Though the repayment period varies, most loans come with a two-week term.
However, applicants must have a minimum income of $1,000 per month after taxes before they can be eligible to apply.
Features of 247FastFund.com
- Maximum Loan Amount: $5,000.
- Minimum Loan Amount: $100.
- APR ranges from: 250% – 1304%.
- Loan Term: Varies.
The Benefits of Getting a Loan from 247FastFund.com
- It has a broad lending marketplace.
- It does not accept a fee to access the network.
- It facilitates the application processes.
- It funds loans within a business day (24 hours).
The Drawbacks
- It has a high Annual Percentage Rate.
- It offers only short-term loans.
- It offers limited options for bad credit loans.
9. Zippy Loan
Zippy Loan is a well-known online payday lender suitable for long and short-term loans and does not prevent anyone from getting a loan due to their credit score.
Feature of Zippy Loan
- Maximum Loan Amount: $15,000.
- Minimum Loan Amount: $100.
- The Annual Percentage Rate ranges from: 7.04% to 35.89%.
- Loan Term: Up to 60 months.
The Benefits of Getting a Loan from Zippy Loan
- It gives its customers a more extended period to repay the loans.
- You can borrow up to $15,000.
- It provides fast access to funds. A borrower can receive the loans within a business day.
- It provides a loan as small as %100.
The Drawbacks
- The Annual Percentage Rate is high.
- The maximum loan amount is relatively low.
10. 24/7 Dollar Loan
Last but not least is a 24/7 Dollar Loan. It is one of the best online payday direct lenders that offer direct and instant loans.
As the name implies, it offers daily and short-term loans and is relatively easy to access.
Features of 24/7 Dollar Loan
- Maximum Loan Amount: $1000.
- Minimum Loan Amount: $100.
- APR ranges from: 250% – 1304%.
The Benefits of Getting Loans from 24/7 Dollar Loan
- All credit scores are accepted.
- It approves the loans within a few minutes.
- It provides various networks of payday lenders.
The Drawbacks
- The maximum loan amount is $1,000.
- It has high-interest rates on bad credit loans.
In conclusion, whatever your reason may be, I know that a $300 payday loan is one of the ways millions of Americans get emergency help. It is not for everyone but an option for many.
Was the article helpful to you? We would want to have your own opinions in the comment section.
Watch the video below for a further description:
About Author
- I am a writer and researcher, a practical digital marketer, and a copywriter who communicates value to a society based on years of experience and knowledge in the field.
Latest entries
- InsuranceSeptember 27, 2023Top 10 Life Insurance Companies In The Philippines, 2023
- LoansSeptember 14, 2023The 7 Best Home Loan Refinancing Offers In Australia, 2023
- CryptocurrencyJanuary 9, 20237 Best Crypto Exchanges In Sudan 2023
- LoansJanuary 9, 2023The Top 10 Unsecured Personal Loans In Australia 2023
