Payday Loans in Anchorage, AK | Cash Advance in Anchorage, AK
Anchorage, AK Payday Loans Online
A payday loan–sometimes called a payday advance–is a small dollar, short-term cash advance that is designed to be used as a financial product to help a person with small, typically unexpected and surprising expenditures.
Payday loans are short-term in nature and are not intended to be used over a long period of time or for larger purchases like a home, truck, car, or major house appliance. They are a safe and hassle-free way to allow a borrower to extend their purchasing power and help cover unplanned costs.
Anchorage is a port city and by far the largest metropolitan area in the state of Alaska. In fact, its metro area of nearly 400,000 people accounts for over 50% of the state’s population. Anchorage is a remote city that has long been a critical piece of the United States’ efforts to develop Alaska’s rich natural resources, particularly petroleum products. Besides the petroleum industry, the military, state/local/federal government, and transportation–particularly FedEx–industries dominate the Anchorage economy.
The city’s top employers include the Ted Stevens International Airport, the US Army’s Fort Richardson Base, Alyeska Pipeline Service, ConocoPhillips, and Walmart. Despite the city’s robust, if somewhat petroleum-focused, economy, hard economic times befall many Anchorage residents, often at the most unexpected times every year.
Whether you find yourself suffering from seasonal expenditures like vacation expenses and back to school costs, or you need assistance with unexpected bills or repairs, Payday Loans in Anchorage can assist. If you have a steady job from one of the major employers mentioned above, or another great company located in Anchorage, your next paycheck can be your ticket to accessing a payday loan and digging out of a temporary financial tough spot.
How much can I borrow in Anchorage, AK?
Anchorage payday advances vary anywhere from $50 to $1,000–or more–depending on several factors including:
- Your state of residence,
- The length of time you’ve held your job, and
- The amount of your paycheck.
The qualifications for a payday advance via Direct Payday Loans are almost always far less rigid than for other common loans like home mortgages and auto loans. Unlike the larger home and auto loans–frequently referred to as “secured” loans–payday loans are unsecured personal loans that are far easier and quicker to get. In exchange for the money you need, one of our lenders will charge you a small fee in the form of interest. This cost, together with the initial quantity of funds borrowed (the principal), is typically due on your next payday.
If you need a little additional money before your next paycheck, try a fast & easy cash advance. With a quick cash advance, you can get the money you need as soon as the same day you apply, so that you can get past your financial troubles and get back to the things that really matter to you.
With a payday loan via Direct Payday Loans, you can:
- Get the money you need in just a few minutes,
- Read and understand clearly-defined terms and conditions,
- Access a quick and easy payday advance, and
- Not have to go through the rigmarole of providing a paper check or faxing documents
Responsible Borrowing
One thing to keep in mind when considering a payday loan: it is highly suggested that borrowers consider the amount of cash they’ll be receiving in their next paycheck. After figuring out this number, the next step is to identify just how much they can responsibly pay back within their budget. This is important because, in addition to paying back your payday loan, you also will need sufficient cash to pay for all the usual expenses–like rent, food, and other supplies–that you need daily.
Although a lot of lenders enable you to “re-purchase” or “roll over” your loan, we do not recommend this practice. Rolling over loans can result in a cycle of loans that end up costing you far more in the long term as the additional interest and fees can really add up quickly.
Bad credit? Not an issue in Anchorage
One of the most common questions we encounter is whether you can get a payday loan even with a low (or no) credit score. Keep this in mind: payday loans aren’t like home or vehicle loans. Instead, they’re unsecured personal loans for individuals in need of fast and short-term financial help.
Our network of lending institutions know this and are entirely open to lending to people with less-than-stellar credit rankings. Most of the time, loans are based upon your earnings and other signals. Most lenders do not even use a standard credit check. However, for larger amounts–particularly for a loan of $1,000 or more–some lending institutions might use your credit report to make a lending decision.
The good news is that payday lenders are set up to help you out when you’re in financial need. You won’t be shut out of the ability to get a loan as you might be if you were trying to get a home loan under similar circumstances.
Get Payday Loans– No Faxing Required.
Our faxless payday advances permit anybody with web access and a savings or checking account to instantly access a payday advance and lower economic stress. We know that fax machines can be difficult to find these days and, unlike with lots of other kinds of loans online that need faxed evidence of identity, you’ll never need to fax documents with Direct Payday Loans.
Easy Online Application – Instant Approvals For Anchorage Residents
We have streamlined the online loan application process to make it quick and easy for you to apply and be approved for the cash advance you require. In fact, you can complete the application online in just a few minutes and generally get a nearly instant loan decision.
Click here to apply for a cash loan online in Anchorage.
Before starting the application, ensure you have your social security number, income source, and banking info convenient.
Direct Payday Loans Online in Anchorage: money when you need it most.
Local Payday Loan Stores in Anchorage
One of the primary reasons for the development of Direct Payday Loans was to make it far easier for you to compare the terms and fees between several different payday lenders. We’re big believers in our online model because it makes it easier for you to save money.
What do we mean? Well, if you’re going to be taking out a payday advance and want to go to a storefront near you, you’re faced with the difficult and time consuming task of driving between many different stores just to compare their loan fees and terms. Conversely, when applying via Direct Payday Loans, you’re able to instantly compare many lender loan quotes to ensure that you’re maximizing the value you receive.
Also keep in mind that if you’re taking out a loan from a local storefront, it’s likely that they have a high rent cost which they will have to pass on to you in the form of higher fees.
Still, we know that you may prefer doing business in person, and for that reason we’ve compiled this list of local payday lenders in Anchorage to help you on your way and find that payday advance near you.
Money Mart
Money Mart has two convenient locations around Anchorage. Both locations have generally stellar reviews, which is always a good sign when choosing a local company from which to get a payday loan. Online reviewers note that the staff is very quick at issuing loans, as well as being generally friendly and professional. In other words, if you’re looking for a “payday advance near me,” look no further.
6311 Debarr Road #U
Anchorage, AK 99504
(907) 644-0552
Affordable Loan Co
The Affordable Loan Company has only one location in Anchorage, and you may want to look elsewhere before settling on it. Why? The biggest reason is that it has a middling online rating from online reviewers, and this can be a sign that customer service isn’t as good as it should be. While the location initially had good reviews, more recently some online reviewers have noted a general lack of professionalism, including unreturned phone calls.
731 E Fireweed Ln # 101
Anchorage, AK 99503
(907) 562-7511