When you need money, you don’t always have time to wait. Traditional loans with banks can consist of lengthy applications, leaving you feeling anxious and searching for alternatives. Same-day payday loans can help you right now, but many wonder how to get a payday loan amongst the fears and financial consequences of COVID-19. Luckily, you can secure the money you need right now online, without waiting.
Payday Loans Online
With lockdowns and social distancing measures in place, you may question how to get a payday loan from the safety of your home. Many lenders, including iCASH, allow Canadians to apply for same-day payday loans online. After applying, some borrowers can receive instant approval. Others only need to wait a couple of hours to get support, as lenders consider your situation. And with iCASH accepting applications 24/7, receiving the money you urgently need has never been so easy or quick.
Same-Day Payday Loans: Amounts and Repayment
Before you apply for same-day payday loans, consider how much you need to borrow and how long you need to pay it off. At iCASH, borrowers in Canada can request up to $1,500 at a time. After receiving approval for your payday loan, you’ll need to accept a repayment plan. You can repay your loan in one, two, or three installments, whichever is best for your situation.
Regardless of which repayment plan you accept, your interest rate won’t change. Same-day payday loans with iCASH maintain the same rate despite loan amounts or installments. Just because you may need extra time to repay your payday loans, doesn’t mean you should suffer from higher interest rates.
How to Get a Payday Loan with Bad Credit
A common consideration of many applicants is credit score and credit history. When you’re in a situation where you need money—and you need it fast—the last thing you want to worry about is your credit. At iCASH, a borrower’s credit score is only one piece of the puzzle. If you have bad credit, don’t worry—you can still get same-day payday loans.
Your Unique Situation
Everyone’s situation is different, and payday loans are different than long-term bank loans. Same-day payday loans are short-term solutions available to the vast majority of Canadians. When iCASH considers your payday loan application, your unique situation plays an important role. Just because you suffer from low credit doesn’t mean you won’t receive approval. And, at iCASH, borrowers with bad credit won’t endure higher interest rates.
The bottom line is that you need financial help, and you need it now. With same-day payday loans online, you can get money when you need it, and you won’t suffer punishments for past financial mistakes.
Fast Approval, 24/7
If you’re left wondering how to get a payday loan during coronavirus, consider same-day payday loans online. You can secure up to $1,500 in as little as 30 minutes, all from the safety of your home. Lenders like iCASH are here to help you secure payday loans and get the financial resources you need as fast as you can. Start your application today.