Payday Loan FAQs
What are generally payday loans or payday advance?
A payday loan or cash advance is an unsecured, short-term cash loan to
help you until your next payday. Customers choose payday advances to
cover small, unexpected expenses while avoiding costly bounced-check
fees and late payment penalties. At Paydayinn.com, apply online for a
payday loan and your advance will be electronically deposited to your
checking or savings account.
What can a payday loan be used for?
A payday loan can fill in your desired needs in any emergency, unexpected situations, paying a bill, enjoy weekend whatsoever the reason is; we never ask!
How much can my loan be for?
The amount of your loan is based upon the information you provide in your application. You can get up to $1,000.00 loan overnight. The cash itself is directly deposited depending on the information you have provided to your account- online electronically and through direct approach as well.
What is the APR of the loan?
Paydayinn.com is not a lender and does not provide lending services directly to consumers. Based on the application you submit, Paydayinn.com searches its
database housing its vast network of reliable lenders to pair you with
the lender and loan ideally suited to your needs.
The loan fees and interest rates are determined solely by your lender, with specific amounts determined based upon the application information you submitted. Paydayinn.com has no bearing on
the determination of these fee amounts and interest rates. You are under NO obligation to continue with the application process if you find
these terms are unsuitable.
What is your Late Payment Policy?
Cash advance lenders have varying policies regarding late payments.
Review the late payment policy detailed in the loan documents provided
to you by your lender before appending your e-signature, and thereby
agreeing to the loan terms. All lenders, however, must abide by each
state’s regulatory legislation in place regarding late payment fees.
What is your Non-Payment policy?
Failure to pay may result in legal action, as well as reporting of the non-payment to a consumer reporting agency.
What is your loan renewal policy?
Renewal policies are determined by the lender, not by us, so they will vary. But, be aware some lenders may not debit your account for the full amount of the loan, which may result in additional fees and a renewed loan. Make sure you read the renewal policy carefully and make your wishes clear to the lender.
What do I need to qualify for a payday advance?
Paydayinn.com does not perform credit checks, which makes qualifying for a payday
advance easier than qualifying for traditional credit. You should meet
all of the following requirements:
• Currently employed (or receive regular income)
• Make at least $1000/month
• Be 18 years of age or older and a U.S. citizen
• Have a checking or savings account with direct deposit.
Is my application financial statement secure?
We respect our customer's right to privacy in managing their personal
finances. Our site uses a variety of security measures to maintain the
safety of your personal information. All sensitive data transmitted
between your browser and our website uses 128 bit Secure Socket Layer
(SSL) encryption technology.
I have a bad credit- am I eligible?
As we do not perform credit checks, bad credit will not necessarily prevent you from receiving a payday loan at Paydayinn.com. We offer opportunity for all.
Do I need to fax my details?
At Payday Inn, there is no need to fax any personal details. The lending company will instantly get all necessary information online.
Can I be granted another payday loan at the same time?
No, unless you have paid the one you borrowed prior. Once you have repaid it, you can apply for another loan.
Is there any application fees required?
We never charge applicants a fee to qualify for a payday loan.
How long does it take to get my payday?
The moment your application gets an approval just after that and within 24 hours your cash is deposited in your bank account. By just the following business day provided you apply by 4:00 p.m. Pacific Standard Time Monday through Thursday. If you apply on Friday through Sunday, your loan will be available to you by Tuesday.
How conveniently can I apply?
At Payday Inn it’s all about seeking your convenience and efficiently providing you the results. Just fill in the online application form and wait utill you receive the confirmation email in order to make sure that you are accepted for the payday. | 
