FAQ

What is a Payday Loan?
A Payday Loan is a short-term loan meant to cover small or unexpected costs until your next payday. If you're searching for a short-term quick-cash solution, a Payday Loan may be exactly what you need. It is not intended to be incorporated as part of a long-term debt management solution.

Other names for Payday Loan
This type of a loan has many names such as Payday Cash Advance, Cash Advance Loan, Fast Loans, or Deferred Deposit Loan, etc. The names are different but the purpose is the same -giving instant cash advance to help you meet short-term, unexpected expenses.

What does it take to be approved for a Cash Advance Loan?
Qualifying for a Payday Loan is a very easy and fast process. No credit checks are performed!
The requirements to receive a loan are the following:

  • Be 18 years of age or older and a U.S. citizen
  • Have a steady source of income, making at least $1000 per month
  • Have an active open bank account

What can a Payday Loan be used for?
Payday Loan or Cash advance are a useful resource to consider when faced with overdue bills, important large purchases, or covering some other unexpected costs.

How much can I receive?
Loan limits are determined on an individual basis. You can receive up to $1500 for your first online Payday Loan. After successful repayment of your first Payday Loan, we may increase your loan amount on any future BEEDLY.US loans.

How is the payday cash advance loan amount determined?
When it comes to Payday Loans or Cash Advances, the amount you can qualify to receive depends on a number of different factors, including income level and state of residence.

How long does it take to receive the money?
Our customers typically receive approval within hours of applying. If your online Payday Loan application is approved, it will take less then one business day for the money to be directly deposited into your checking account. Most of our no credit check loans are approved within 24 hours.

How much will a loan cost?
It is our goal to offer you the best service at the most competitive fee possible. The fees we charge for a Cash Advance are rather competitive within the industry and are in compliance with applicable state and federal laws.

The fees depend on the state in which you reside and can range from $25 to $30 per $100 borrowed. So for a $400 loan, the fee will range from $100 to $120.

What is the procedure of applying for payday loans online?
The procedure of applying for a Payday Loan or Cash Advance with BEEDLY.US is convenient, easy and quick! The Payday Loan application typically requires just a few simple steps. Just complete our secure online application form and submit it. Your request will then be processed as quickly as possible. Assuming you completed the application with correct information and contact numbers and your loan application qualifies, you can be approved in less then 24 hours.

What information do I have to provide in application form?
Fill out our secure online application form with the most up-to-date information about yourself, your current work situation or source of income, and your bank account. We will take care of the rest.

Please note that inaccurate or incomplete contact information might delay the process.

Is my application and financial information secure?
Your privacy is our top concern. We are committed to keeping your personal information secure. BEEDLY.US uses SSL (Secure Socket Layer) encryption technology to protect the information our visitors submit. SSL is the industry standard security protocol to encode sensitive information white transmitting.

What is the charge for applying for a Cash Advance?
It costs you nothing to apply for a Payday Loan or Cash Advance online at BEEDLY.US

What if I have bad credit?
Bad credit will not prevent you from receiving a payday loan from BEEDLY.US. Our Payday Loan solutions are meant to help even those with poor credit. Rely on our dedicated Customer Service Team to help you find the right loan option, even if you have been turned down by other lenders in the past.

Does the online form obligate me to taking out a loan?
No. By filling our online Payday Loan application form you are only stating that you wish to be approved for a Payday Loan or a Cash Advance and consider available options. There is no commitment at this time. Feel free to ask any questions or even withdraw your request. Once you are ready to proceed to the next step, you may confirm the information you provided and officially agree to Terms &Conditions with one of our agents.

How often should I use this service?
We are here to help you whenever an immediate or urgent need arises. Payday Loan or Cash Advance loan is a short-term answer to an immediate cash need. Payday loans are not intended for repeated use in supporting an on-going budget situation from payday to payday. Repeated use or reliance on payday loans can result in serious financial difficulties.

I'm a tenant - is this a problem?
There is no problem at all- it makes no difference to the lenders whether you are a tenant or a homeowner.

Do I need to fax any documents?
With BEEDLY.US you don't need to fax any documents to apply for a Payday Loan or a Cash Advance.

Can I have more than one payday loan at the same time?
No. There are some restrictions and another payday is granted to you after repayment of the first one. A Payday Loan is a short-term financial solution and if you need regular payday loans to make ends meet, it may be the time to seek serious, long-term financial help.

Do you contact current or former employers?
None of your confidential information will be ever disclosed to any third party without your prior request or agreement, or unless required by law. Your privacy us our priority and we operate a strict confidentiality policy.

Do I need to have direct deposit?
Processing of your loan is possible only if your paycheck is direct deposited into your approved checking account; so far is it the most secure and quickest way to offer Payday Loans or Cash Advances.

When I will receive my Payday Loan funds?
We will process your online Payday Loan application immediately you submit it. Receiving your payday loan funds will follow as soon as soon as your application is approved. Once approved, it will take less than one business day to receive your loan. Right after you receive your Payday Loan, we’ll help you to set up the payment plan that best fits your situation to avoid worrying about missed deadlines or bounced checks.

How do I know that my loan has been approved?
Once your loan has been approved, you will receive an email notification. BEEDLY.US reserves the right to make adjustments to your Cash Advance approval until the time you receive the funds in your bank account based on new information regarding your loan application.

When will my loan be due?
A Payday Loan gets its name from its typical due date. A Payday Loan is due on your next paycheck following the approval of the loan. In general, this means from 8 to 25 days.

What if I want to pay early?
Please contact us if you want to pay your loan off early. If you pay off early, you may be entitled to a refund of part of your loan fee.

What if I can’t repay my loan on the due data?
If you can’t repay the full amount of your loan on the due date, you may be able to request an extended payment plan.
We have different payment options available for our customers:

  1. Paying the loan in full on the maturity date listed on your loan agreement.
  2. Paying the finance fee and a portion of the principle on or before the maturity date.
  3. Paying only the finance fee on the maturity date.

How often can I get a payday loan?
We are here to help anytime you need extra cash between paychecks. We encourage all our clients to keep in mind that a payday loan is only a short-term solution to an urgent cash need, and to use these loans responsibly. Payday loans should not be used repeatedly to deal with continuing budgeting issues.