Payday Loans in Pennsylvania | Cash Advance in Pennsylvania
Pennsylvania Payday Loans Online
A payday advance–frequently referred to as a payday loan–is a financial tool that is typically made for small amounts and designed to be used to help people with small, typically unforeseen expenses that pop up.
Payday loans in Pennsylvania are inherently short-term in nature and are neither designed nor intended to be utilized for a long period of time or for large purchases such as cars, major appliances, or real estate.
As one of the 13 original states that founded the United States, Pennsylvania is an old state with a storied history. Its geographical position on rich deposits of anthracite coal led it to be an early industrial powerhouse, and the steel industry– with the major companies of U.S. Steel and Bethlehem Steel–also flourished in the 1900s. More recently, it has enjoyed strong growth from the banking and agricultural sectors.
PNC Bank, Walmart, the University of Pennsylvania, PPF Industries, and Heinz are all major employers in Pennsylvania, these days. While the major population centers include Philadelphia and Pittsburgh, the state as a whole boasts a population of over 12.8 million people.
Despite the high median household income of Pennsylvania’s residents and the robust, diversified economy it enjoys, there are still thousands of Pennsylvania residents who experience surprise economic hardship each year. While this experience is never a fun one, the good news is that payday advances can be a fast and easy way to bridge the gap to firm financial footing.
Payday loans are a safe and convenient method to allow consumers to access cash quickly in order to stretch their purchasing power and cover unexpected expenses. Whether you’re struggling with seasonal holiday costs or back-to-school costs, or you need assistance with unanticipated bills or car/truck repairs, finding a payday loan in Pennsylvania can be a huge help.
How much can I borrow in Pennsylvania?
One of the most common questions regarding payday advances is: how much can I borrow? In Pennsylvania, cash advances range anywhere from $50 to $1,000, and can in some cases be even more. The qualifications for a payday loan from one of our network lenders are usually less strict than those of larger loans such as home and auto loans.
In exchange for the cash you need, one of our network lenders will charge you a small fee in the form of interest. This charge, along with the initial amount borrowed, is typically due on your next payday.
If you need a little extra money before your next paycheck, we would recommend that you consider applying for a fast & easy cash advance through Direct Payday Loans. We’ll assist you in getting the money you need today, so you can move past these money troubles and get back to being with your friends, family, and all the other things that you enjoy.
By applying through Direct Payday Loans, you will be able to:
- Get cash in as soon as just a few minutes after you apply
- Read easily understood and plainly defined charges & terms
- Get an easy, short-term cash advance
Prior to getting a payday loan, we suggest that potential borrowers take some time to think about the amount and timing of their next paycheck. This is an important step in the process. By understanding the amount of cash you have coming in the door, you will be able to figure out how much you can comfortably repay within your budget. It can sometimes be easy to forget that, while you are getting quick cash via a payday loan, you will still need cash left over after paying your loan costs to cover all the usual expenses of your life like rent, your cell phone bill, and utility costs.
Although many lending institutions enable you to “re-purchase” or renew your loan, we do not recommend this practice. Rolling your loans over can result in a cycle of loans that wind up costing you much more in the long term because the amount owed begins to increase as interest compounds.
Bad credit? Not a problem in Pennsylvania
Payday advances aren’t like mortgage or car loans. Those loans generally take at least a week or two to be approved for and are usually reserved for people who have rather high incomes and credit scores. Instead, payday loans are “unsecured” personal loans and are made for small amounts to people in need of short term monetary help. Our network of lending institutions understands the unique situation you are in and are open to lending to individuals with less-than-stellar credit scores.
In most cases, loans are based on earnings and other signals such as the amount and frequency of your paycheck, as well as the amount of time you have been at your current employer. A lot of our lending institutions don’t even utilize a standard credit check as they would if you were applying for a mortgage or auto loan. Nevertheless, keep in mind that for bigger amounts–particularly if over $1,000 is being sought–some lenders may use your credit report to make a lending decision.
Applying for Payday Loans – No Faxing Required
There was a point in time when everybody had a fax machine. These days, however, it can be very tough to find one. Despite this, some online loan applications still require you to fax in documents for identity verification.
At Direct Payday Loans, our faxless payday advances allow anybody with internet access and a savings or checking account to quickly access cash in order to lower economic stress with a payday advance loan. The good news is that loans that are accessed through our platform will not require faxing documents in order to secure your cash!
Easy Online Application – Instant Approvals For Pennsylvania Residents
Over the course of this online platform’s existence, we have worked hard to streamline the online loan application process to make it quick and easy for you to obtain the cash loan you require. In fact, most applicants will be able to finish their online application in just a few minutes and get a nearly instantaneous decision.
Prior to beginning the application, ensure you have your social security number, source of income, and banking details handy as this will greatly speed up the application.
Direct Payday Loans Online in Pennsylvania: money when you need it most!
Finding a Payday Loan Near Me in Pennsylvania
If you live in Pennsylvania, you have numerous options when it comes to finding a local payday lender. However, keep in mind that using a local payday loan shop can actually be a time-intensive choice to make versus applying for a payday loan online.
Why is this? The primary reason is that it is considerably more difficult to compare and contrast terms and fees in person at a local store than it is online via Direct Payday Loans. When you apply for a loan through our website, you will immediately be matched with lenders that will offer you amounts to borrow as well as various terms, conditions, and interest rates.
By contrast, if you are going to a local store, the only way to compare their offerings with other local stores is to drive around the neighborhood or call between multiple stores. This is a time-consuming and difficult process.
Apply online today to get quick cash via a payday loan!