What is a payday loan or cash advance?

Payday loans and payday advances are small unsecured loans ranging from $100 to $800 depending on the state where you live. These loans are offered by payday lenders such as Check Into Cash for a short term period. Payday loans are typically used as a short term cash advance to cover expenses until your next payday.

We know that you can’t plan for everything. Unexpected expenses are bound to come up between paychecks. A payday loan can help make sure that you can get through a rough spot without making things worse by maxing out your credit cards, incurring late payment fees and interest, and worse, bouncing checks. A payday loan can be a less expensive than racking up late fees, additional interest, and bounced check fees. Below are some examples to show what you might pay if you try to stick out a hard time without a payday loan. These numbers are based on a typical payday loan of $100 with a $15 fee and an APR of 391%

$100 payday advance with a $15 fee is 391% APR

$100 credit card balance with a $37 late fee is 965% APR

$100 utility bill with $46 late/reconnect fees is 1,203% APR

$100 bounced check with $54 NSF/merchant fees is 1,409% APR

- Examples obtained from CFSA.net and bankrate.com. APR was calculated by taking the fee and dividing it by the 14 day loan period and then multiplying it by 365 days.

Payday loans fill a need that is not met by most banks. Getting a payday loan from a reputable payday lender is easy and you will have your money fast. All you need to do to start the process of getting a loan is to complete our online payday loan application which you can start on the right side of this page.

How do you apply?

To receive a payday loan online from Check Into Cash, simply fill out our short online application located at Loan By Phone.com. Funds will be deposited into your account the next business day.* Your payment will be debited electronically (ACH) from your active checking account on the date your payment is due.

To apply online for a loan from Check Into Cash, start by filling out our short form on the right side of this page. If you are approved for a loan funds can be deposited in your account as soon as the next day. You don’t need to worry about writing another check to pay off your loan, your payment will be automatically debited (ACH) from your active checking account on the date that it’s due. That’s all there is to it!

If you decide for any reason to change your mind about taking out a payday advance you have until the end of the next business day to change your mind. Simply let us know that you’ve changed your mind and we will reverse the transaction at absolutely no cost to you.

There are thousands of payday advance lenders online. Remember to get your payday loan from a trusted payday lender like Check Into Cash. Our application is quick, easy, and confidential. Unlike some other companies, we’ll be here for the long term and you can use us again and again as your payday lender.


Loan funding usually occurs within 24 hours of your application or the next business day. Applications are processed before 7PM ET during normal business days and are funded the next business day.