Instant Payday La offers online payday loans in Louisiana in a fast, quick, and simple way. Whatever may be your needs, we are there to help you. Get up to $5,000 instantly and say goodbye to all your worries.
Get a Payday Loan Quickly
If you are looking for easy payday loans in Louisiana online, then you are at the right place. You can get a payday loan instantly from Instant Payday La. We are known for offering easy payday loans in Louisiana. You can get your loan as early as within 24 hours by submitting your application. Here’s how the process works
Fill in a simple payday loans application on our website. You need to provide only basic details like your personal details, bank details, and details about your employment. No documents or annexure are needed.
Your application will be routed through our internal network. We have direct lenders who will receive your application and decide if they want to lend to you. Once you find out their terms and conditions, you can decide which lender to work with. You need to sign a contract with the lender of your choice.
Our online payday loans Louisiana direct lenders ensure you can get an instant approval for your loan application. You can get the loan amount credited directly into your bank account. This can happen as fast as 24 hours from the time of application. It’s that easy!
Why Choose us for Payday Loans?
We are the No. 1 choice for 1 hour payday loans no credit check approval. When you are looking for installment loans online in Louisiana, you can come to us. The reasons why we are the first choice are:
Quick. Convenient. Easy.
We offer payday loans that are most convenient to get. The entire process is online. You don’t need to move out of your house. Sit in front of your computer and apply online. It will hardly take a couple of minutes. The application process is easy. We don’t insist on formalities or documentation. For quick loan processing, come to us. We ensure your need for urgent cash is met immediately.
Getting a payday loan from us is a trouble-free experience. It is a simple process that does not require complex procedures to be completed. All that is needed is a simple application to be filled. You need not visit the lender, the entire process can be done online.
Money When you Want it
When you come to us for a payday advance loan, you can be assured you can get the money when you need it. When you are in urgent need of money, you wouldn’t want to wait. We assure you will get the money on time, so your urgent requirements can be met.
Simple and Uncomplicated
The process of getting a cash advance payday loans baton rouge is very simple and devoid of any complex procedures. You don’t need to submit any annexure with your application. We do not ask for any documents from you. We don’t ask for collateral from you neither do we ask you to get a co-signer. There is no need even for a credit check.
All you want to know About Payday Loans
Before you get a payday loan, you need to know all about the loan, its terms, and get all your queries answered. We have compiled a comprehensive set of frequently asked questions (FAQs) for you. This will help answer all your queries. In case, you still have any queries, feel free to get in touch with us.
1) What are Payday Loans?
Payday loans are short-term loans that are given to people who have a fixed income. The concept of the payday loan is that the loan is given until the next payday of the applicant. This is why the loan is given for a term of around 15 days and can go up to 30 days. The loan taken needs to be repaid the next month when the applicant receives the paycheck.
2) How much Money can you get from a Payday Loan?
Payday loans are usually given for a sum of $100, $500 to $5000. The loan can be given even for a higher sum. It depends on the lender. The amount loaned depends on the income earned by the applicant.
3) What are the Eligibility Requirements to get a Payday Loan?
To get a payday loan, you need to fulfil the following eligibility requirements:
- You need to be over 18 years of age.
- You should be a resident of the US and should have a social security number.
- You must have a fixed income and be able to show proof of it.
- You must have a bank account and share its details.
4) Why go for a Payday Loan when I can get a Bank Loan?
Online payday loans Louisiana resident’s are very easy to get as compared to a bank loan or a loan from other lenders. Banks have their own procedures and insist on the procedures being complete. This can take a lot of time and is not suitable if you need urgent cash. Banks also ask for many documents and may want you to provide collateral or get a co-signer. Banks would also get a credit check done before approving the loan. Compared to the complexities involved in bank loans, a payday loan is simple and convenient that helps you to borrow money online instantly.
5) When and How should Payday Loans be Repaid?
When you take a payday loan, it should be repaid by the next payday, which is a maximum of 30 days. In exceptional cases, this period may be extended by the lender. Payday loans are usually repaid through a bank debit. A bank authorization form has to be provided to the lender along with the contract. On the due date, the lender would debit the bank account to recover the loan amount with the interest. It is the duty of the loan taker to ensure the bank account has sufficient money.
6) How is the Interest of the Loan Decided?
The interest charged depends on the APR (Annual Percentage Rate) charged by the lender. This amount can vary from lender to lender. It depends on many other factors, including any norms fixed by the state. Some lenders charge a higher interest if the applicant’s credit score is less.
7) What are Online Payday Loans?
Online payday loans allow you to get a loan online. You don’t have to run around to find a lender and visit their office to get the loan. You can complete the entire loan process online right from application, signing the contract, receiving the loan amount, to repaying the loan. This is highly convenient for loan applicants. Online payday loans are offered by websites that have many lenders in their network. This makes it convenient since there is plenty of choice for both lenders and applicants. Lenders can choose who they want to lend to. Applicants can decide which lender to work with.
8) Are Online Payday Loans Legal in Louisiana?
There are some states in the US where online payday loans are not valid. However, in Louisiana, it is legal. The state permits payday loans to be taken online.
9) Why Should a Contract be Signed to Get a Payday Loan?
A contract is essential for the safety of both the lender and the applicant. It ensures that the terms of the loan are clearly spelled out and there is no confusion. The contract is a legal document that ensures everything is done legally. In case of any problems in the future, the contract will save you.
10) Is There a Credit Check Needed for a Payday Loan?
Online payday loans Louisiana no credit check are offered by Instant Payday La. We do not insist on a credit check. This is because the payday loan is given on the basis of the income earned and hence there is no need to verify the credit score. However, in some cases, the lender may insist on credit verification. This is done only in cases where the applicant does not have a stable fixed income.
11) What Happens if I Fail to Repay the Loan on Time?
Failure to repay the loan can lead to many problems. The APR ensures the interest you need to pay increases. The amount you pay increases for every day of nonpayment. The lender would also charge a penalty for non-repayment. Failure to repay the loan may affect your credit score negatively. It is strongly recommended that you repay payday loans on the date due.
12) What is the Difference Between a Payday Loan and an Installment Loan?
A payday loan is a short-term loan that has to be repaid on the next payday. Installment loans are given for a longer period and repayment is done every month until the completion of the loan duration.
13) What Information needs to be Submitted while Applying for a Payday Loan?
You will need to submit some or all of the following information when you apply for a payday loan:
Name, address, and social security number.
Employer’s name and address.
Bank account number and details.
Photograph to be attached to the application.
14) Who is Instant Payday LA?
Instant Payday LA is a website that facilitates 2nd payday loans online no credit check with instant approval. We do not offer loans nor are we intermediaries. When you work with us, you can get a payday loan directly from the lenders. We are an online platform that brings together people who need money and lenders who are willing to lend money. We make it convenient for you to get a payday loan easily.
We are Here to help you When you need Urgent Cash
Whatever is the reason you need cash urgently, we are there to help you. Instant Payday La is your one-stop solution for bad credit payday loans guaranteed approval in Louisiana. When you need money for an emergency need, we ensure you get it on time. The experience of getting a payday loan from us will be a pleasant one. We offer quick loans in the most convenient way to meet your needs.