Same Day Funding is NOW AVAILABLE! Learn More

Payday Loan Alternatives

Get Cash Now

Applying Does NOT Affect Your Credit Score

Quick online loan processing

Get money straight into your bank account.

No credit checks

Easy to qualify as no credit checks are run.

No collateral

Your valuable assets are safe with you.

Installment Loans, the Smarter Alternative to Payday Loans with Bad Credit

Cash emergencies might come up any time and everyone needs extra money to cope up with the crisis. Getting a loan from a bank is apparently a lengthy affair and hence not ideal in emergencies. Even a payday loan online is not the best way to address it, not even a way to consider as they are coupled with financial traps. Thankfully, there is a better alternative to payday loans with bad credit- an online loan that can be paid back in installments. However, choosing a trusted bad credit direct lender is of paramount importance if you have an imperfect credit- like CashAmericaToday. We are popular for providing installment loans with no credit check-alternatives to payday loans in a more affordable manner.

Both Installment Loans and Payday Loans Offer Funds. Yet, They Are Different.

Fastness: Easy approval installment loans do not involve extensive documentation and faxing and hence the process is easy and quick. After submitting the loan application online, the loan approval decision is conveyed immediately. Upon approval of loan, the money is deposited directly into your valid checking account within 24 hours. In contrast, payday loan processing involves complex processing and the approval might take a longer time, resulting in delayed funds transfer.

Loan Approvals: Prior to approving online installment loans, the direct lenders assess the borrowers repaying ability. Although borrowers with bad credit are also offered installment loans without any credit checks, lenders consider their monthly net income to process funds. Whereas, payday loan lenders do not bother about your ability to repay. They involve outrageous interest rates upon loans, and their renewals if you couldn't pay because of not having enough income.

Repayment: Installment loans usually have some longer repayment periods. Unlike short term payday loans that are repaid in full on individual's payday, installment loans are easy to repay in several payments that are spread across a lengthy loan term. Direct lenders of installment loans work with borrowers to make certain that the planned monthly payments are realistic and convenient. Thus, they can be paid responsibly and regularly with reduced interest and principal, each month, until the complete cash loan is repaid.

Impact on Credit Score: Most of the instant approval installment loan lenders report the lending data to the credit bureaus and hence your positive or negative credit history reflects in the report. An installment loan from direct lenders, when paid dutifully, enhances credit history and thus builds good credit score, eventually. Thus, it influences your credit score, constructively. In contrast, payday loan borrowers find it difficult to repay on their pay date and default the loan. This can dent one's credit score.

Legal: Installment loans from direct lenders online come with clear lending terms and conditions and thus promote transparency in lending. Besides, they are certified and governed by State and Federal consumer protection authorities. Whereas, payday loan lenders exercise deception and charge unaffordable interest rates. Besides, payday loans are banned in some states. Considering the ease of applying, instant approval and fast funds transfer, installment loans online are perfect alternative to payday loans. Just fill out the short online application, get instant approval, customize the repayment schedule, get cash deposited into your account, and repay in installments. It is this simple.

Join Our 1,000,000+ Customers Who Get Money Right When They Need!

I love their flexable loan pay back they offer. I have been a long time borrower and not once has there been any complications. Customer service is the best, loan intreast are low and totally due able.

Abe Becka Zarate

I love CashAmericaToday,I have used serval times and always had great customer service money deposited when they said and charges are lowest around. I recommend to any needing a loan.

Christina Russo

Would and have told others about this place. They are nice and helpful with the loan experience and tell you everything upfront. Money was in my account the next day. If i ever have any questions they are always helpful in answering them.

Holly

I ve used cashamericatoday quite a few times now and I have had absolutely no problems with them at all. They are extremely friendly, and courteous and get the money to you by the next day, I would highly recommend them. Excellent company in my opinion!!

William Buck

Quick approval, I had a couple of questions on the loan before I accepted it. I had no problem getting ahold of someone to discuss this. They gave me a call to verify my payment options so there was no miscommunication. Great experience

Rodney Boyd

It was quick and easy. Did most everything online and talked with a representative to confirm details and was done. Very kind and knowledgeable. I would definitely recommend and will use them again in the future.

NICOLE

Reviews are the independent opinions of our users, and we do not hold any of them to be representative of all CashAmericaToday borrowers' experience.

Read more reviews from our clients on

A trusted single lending source for your cash crunch. Apply now!

Get Started

Applying Does NOT Affect Your Credit Score

CashAmericaToday is registered with the Utah Department of Financial Institutions to offer consumer credit services. When you submit your application to us online, it will be processed just as if you had submitted it in person, establishing Utah as the jurisdiction for the negotiation, execution, and fulfillment of all applications and agreements. If your application is approved, the funds will be disbursed from our account in Utah. Please note that Utah's laws governing consumer loan agreements may differ from those of your home state. It is the applicant's responsibility to adhere to all statutory requirements related to obtaining internet loans in their state of residence. Please be aware that this service may or may not be available in your specific state, and loans are not offered in the state of Michigan.

CashAmericaToday is a brand of Silver Financial Capital. The purpose is to meet your short-term borrowing needs, not long-term financial needs. Please note that this is an expensive form of borrowing. The loans and lines of credit may be used for whatever reason you need, like unexpected emergencies, car repairs, medical bills, or travel expenses. In addition, alternative forms of financing like credit card cash advances, personal loans, and home equity lines of credit might be more affordable and better suited to your needs.

CashAmericaToday does not perform any credit checks through the three major credit bureaus Experian, Equifax or TransUnion. We collect required information regarding debtors' creditworthiness from a third party source.

Approval time depends on the authenticity and verifiability of your documents. You might be requested to provide further information if required. Note that we do not approve all the loan requests. On the basis of state laws and your repayment ability, the terms and rates may vary. Any loan requested on Friday after 6:00 PM CST will be processed on the next business day, usually Monday- unless it is a holiday.

Should you have any doubts, please call our customer support at (855) 840-5688, Monday-Thursday: 7:00 AM to 4:30 PM (CST) or email to support@cashamericatoday.com.

* I have read and understand the Terms and Conditions & Privacy Policy of this loan. All loans financed by CashAmericaToday