Get the access to up to 50 lenders in 1 click
By submitting my information, I acknowledge that I have read and agree to the terms of the Privacy Policy & Terms of Use, I also consent to receive telephone calls (including SMS text messages) as explained here. (This message is not a condition to obtaining a loan or any services).

CashSpotUSA created by people, created for people

Safe and secure

256-bit encryption and SSL technology keep your data secure

Shop with confidence

We protect your personal information

No fees

We’ll never make you pay for using our service

Limited risk comparison

We help you find a lender that suits your needs

Bad Credit Payday Loans Guaranteed Approval Direct Lenders

Bad Credit Payday Loans Guaranteed Approval Direct Lenders in CashSpotUSA

Direct lenders are banks or individuals who provide mortgage loans provided your application has been approved before.

Because the borrower communicates with their direct lender personally, without intermediaries, the process becomes much more fluid and transparent.

Most borrowers prefer communicating with the lender with whom they've have business. Having a long-term relationship can aid you in getting a higher or more substantial loan amount, not to say a better interest even when you have an poor credit history or credit score.

Differences Mortgage Broker vs. Direct Lender

When you need to take out a mortgage loan, you usually have a choice of two organizations namely Mortgage brokers as well as direct mortgage lenders. This is where you need to know their essential difference: a mortgage broker will be an intermediary that looks for the best lender to lend you money. On the other hand, a direct lender is an institution that will issue you a cheque after your application has been approved.

Prior to deciding on a method for obtaining a mortgage loan, you should be familiar with the benefits and disadvantages of the various methods available - on-line direct lenders.


  • The speedy processing of personal loans. The absence of intermediaries or intermediaries and the liquidity of the accounts of direct creditors provide a fast approval process. By doing this, the capital will be immediately transferred onto your credit card.

  • High confidentiality. The data is directly passed to the financier and not slipped into the hands of intermediaries.

  • A lower the loan origination fee. The more complicated an individual loan's design, the higher the cost of managing it. Even though you can't eliminate the additional costs, the cost will be less by making a direct purchase. Be aware, however, that missed or late payments can spoil the borrower's perception of you and increase the fee amount.


  • Individual loan request for each creditor. There aren't any intermediaries who can assist you in gathering documents and assess how your finances are.

  • A difficult time getting your application approved. Because direct lenders have their own guidelines for borrowers, in the event that there are issues, your application might be rejected. In this case, you need to find another lender and fill out another application.

Before you choose a direct lender

Prior to deciding to collaborate to a specific financial institution, you should take into consideration certain aspects of direct lenders:

  • Reputation: Before you do anything take a look at the history of the direct lender to be sure of its financial security.

  • Conditions. Pay attention to the conditions of borrowing. Pay attention to interest rates and other loan charges, as there's a risk of getting big debt.

  • Convenience. How easy is it to apply for a bond? What are the rules for the applicant? These are the questions you require answers to.

Find the right direct lender loans

In the scenario of an emergency there could be unexpected expenses, not having enough funds in the bank account. It is not possible to delay payments, which is why the speed of getting an loan approval is of great importance. You should become familiar with the terms of the loan, like each month's payment, current loan amounts, prepayment fee in order not to make the situation more complicated.

Approval services could provide you with an online loan offer, but it may not be adapted to your requirements. This will let you look over each lender's proposal and make sure that the conditions of the loan are fair and you'll have enough funds to repay the loan.

Direct Lenders Payday Loans Direct Payday Loans

Let's now take a look at the pros and advantages of working with an mortgage broker.


  • Multiple offers. There are multiple offers. A direct lender will have a limit on the number of offers. A broker will call many lenders and choose the best one for you with attractive interest rates, which you can pay back with your income.

  • Flexibility. You do not have to have the best credit scores. In fact, when you submit an loan request, the lenders will conduct an credit check. However, if the score you submit does not meet their eligibility requirements and the broker is unable to meet them, they will move to a different lender in order to search for loans. This is also a good option to reduce time.


  • Additional charges. In contrast to a direct lender, a broker is charged a fee for their services. The fees are not prohibitively high however you will need take a look at whether you could manage these costs.

  • Paperwork. A mortgage broker is an intermediary and therefore you'll have to complete more loan documents than if you were working with a direct lender. If you're in need of cash fast This isn't the most practical option.

How can you increase the chances of loan approval

When you're looking to borrow some emergency cash, pay the bill for a utility service, fund a mortgage, or even start your own business, you have understand how to increase your chances of receiving a loan. All lenders are looking for clients who won't fail to make installments or pay back.

Here are some of the characteristics that will make you more appealing to loan lenders:

  1. You are at least 18 years of over or above.

  2. You have earned income.

  3. You have a bank account.

  4. Credit check does not show bad credit.

  5. You meet the eligibility criteria of the lenders.

  6. The collateral you can offer is (a car (a house, a car, so on).

It is important to remember that a one-time loan agreement usually has higher interest rates, especially if the amount of cash is large. A loan that is taken out for an extended time is more lucrative, however you will be paying off the credit you have earned after.

Payday loans direct lenders

Payday loans are the most efficient way to access cash fast. These lenders will loan the money until the time the borrowers are paid. A different term for this kind of loan is cash advance loan. Like other payday lenders, the direct lender is the one who owns the money you are borrowing, therefore they handle the application speedily as well as transfer the funds to you on one day.

There are a variety of loans: installment loans, credit cards and others. Let us find out why lots of people take payday loans, and more specifically it is an online payday loans.

The benefits of online payday loans are the following:

  • This is a chance to gain cash fast. Sometimes it is just little money until your next payday. Payday loans are usually deposited into your bank account within one business day or even in ten seconds when you fill out on an application online.

  • Credit checks are not very complete. Even those with bad credit scores can use the service.

  • You can avail an online payday loan from the comfort of your home. The online loans are becoming more and more well-known. Payday lenders are very flexible and can be used by the vast majority of customers to take advantage of their services.

  • There are no hidden conditions, and there aren't any extra costs unless you do not manage to pay on time. There are some fees for people who fail to pay back a payday loan as promised.

Important to remember this fact: payday loan lenders expect their funds to be returned quickly. They usually come with worse circumstances due to their being very accessible without thorough credit checks and because the amounts for online payday loans are usually small. If you are granted cash for a payday loan online, make sure you return it on the day you receive paid.

In addition, different states have differing laws in relation payday loans. For example, they are permitted on the books in North Dakota and California but forbidden to be used in West Virginia.

In conclusion we have looked at a number of types of loans and paid particular interest to payday loans and direct lenders. It is very beneficial to take money directly from a lender as they'll conduct a credit check and make a decision. The drawback is the choices of their products are pretty limited. Additionally, there are additional restrictions. Some people may find it more advantageous to fund their mortgage with the help of a mortgage broker. Most important is to do your research and visit multiple websites and read the reviews online.

For those who require quick cash the same day an ideal solution is to take out a payday loan. This is for instance, you can use this option in need to cover medical charges or make a repayment to a different lender. However, it is crucial to pay this money back whenever you can.

Frequently Asked Questions -- FAQ

How do I make an application for a payday loan?

If you want to apply for a payday loan, you need identification proof as well as proof of income as well as an account at an account at a bank. It is not possible to apply for a payday loan if you are younger than 18. When you complete an online form specifically for payday loans an approval will likely be granted exactly the day.

Is it possible to get the payday loan in California?

There are a few types of loans that are legal in all states. Lenders do not want to break the law. However, California is one of the states that allow payday loans. That means, yes, you absolutely can get a payday loan in California.

Is it worth getting money from direct payday lenders?

Direct payday lenders do not have intermediary fees because they are the ones that deal with a client. Therefore , it might be more profitable to take payday loans from a dir

How it Works

1. Contact Us

Apply online, in one of our stores or give us a call now.

2. Get Approved

Get fast approval with the customer service you deserve.

3. Get Your Cash

Cash in hand or in your bank account the same day.