Instant Cash Advance Online - Guaranteed Approval
If you need a quick money fix, an instant cash advance loan may be a great option. This financial product allows you to obtain a small amount within one business day to cover emergencies. At 15M Finance, you can request a quick loan until payday online and receive a guaranteed approval decision in 5 minutes.
We require no extensive paperwork and perform no credit check via major credit bureaus, making our products suitable for bad credit borrowers. Our direct lender loans offer same-day funding options to meet your urgent money needs.
What is an Instant Cash Advance Loan?
An instant cash advance loan, also known as a payday loan, is a short-term borrowing option that you can request online in minutes to cover your unplanned expenses. It usually comes with a relatively small sum of up to $1,000 that needs to be repaid once you receive your next paycheck (usually in 14 to 28 days). You can access the funds within one business day or by the end of the same day.
Common Use Cases
Here are the usual situations when you might need an emergency loan:
Emergency medical expenses. You can use the loan funds to pay for treatments or hospital bills not covered by your insurance. Car repairs. Cash advance loans help you get money quickly to fix or maintain your vehicle. Rent payments. If financial setbacks leave you with no money to pay your landlord, the loan can provide you with the needed sum to avoid fees or eviction. Utility bills. With a cash advance loan, you can prevent disconnection of housing services in case of unexpected emergencies or income drops. Daily necessities. Feel free to use the borrowed sum to buy food and other necessities in times of financial gaps or temporary money problems. Home repairs. You may request the loan to fix small emergencies in your house that greatly affect your daily living and can’t wait till your next paycheck.
Key Benefits
The advantages of a cash advance loan from 15M Finance include:
Convenient and easy application. You can fill out the loan request form online from the comfort of your home in up to 5 minutes.
Quick access to funds. The money is usually deposited in one business day, making these loans suitable for emergencies.
No collateral is required. You don’t need to pledge your valuable assets, such as a car or a house, to get the required sum.
Available for people with poor credit. Our instant cash advance loans are available to borrowers with any credit. The process only implies a soft credit check.
How It Works
We make it fast and simple to get emergency cash via the website. Here are 3 steps to follow:
Application. Provide your basic personal and financial information via the website and submit the form. It usually takes up to 5 minutes to complete.
Loan approval. We will review your details via alternative means to access your repayment capabilities and send you a response via email, usually in 15 minutes.
Signing. If approved, read the terms carefully and e-sign the loan contract to accept the offer.
Funding. Access the money in your bank account within one business day or on the same day*.
*Same-day deposits can only be made for applications finalized before 10 AM CST on weekdays.
Who Can Qualify
To qualify for a loan with us, you need to meet a few basic requirements and provide the documents and information needed to assess your eligibility. Here’s what we ask for:
Be at least 18 years old Provide proof of address Provide valid ID and Social Security number Specify your bank account number and routing number Provide proof of steady income Specify your employer’s contact information
Rates & Terms
Cash advance loans usually have the following common features:
Typical loan amounts: $100 to $1,000 Repayment terms: 7 to 30 days Lender fees: $10 to $30 for each $100 borrowed APR: 260% to over 700% Extra charges: Origination fees of up to 10% may apply. There may also be late and NSF fees.
Note: The actual terms depend on your state, income, and creditworthiness. Feel free to pre-qualify now to get your personalized loan terms.
Tips for Getting Approved for an Emergency Loan
Here are some essential tips to help you qualify for a cash advance loan and get money fast:
Improve Your Credit Score
A higher credit score will increase your approval chances as it indicates your responsible attitude toward finances. Lenders often rely on credit scores to determine how creditworthy you are. 15M Finance doesn’t do that; we check only your current income condition. Still, having good credit can be a plus for getting better loan terms.
Have Necessary Documentation Ready
Prepare all the required paperwork in advance to complete your application faster and make it easier to assess. Ensure you have proof of identity, proof of income, and other crucial documents before you start to request a loan.
Compare Offers
Shop around as the terms may vary significantly. Pay attention to APRs, fees, repayment terms, funding times, and other factors that are important to you. Pre-qualifying can help you compare conditions offered by multiple lenders and choose the most suitable option.
Review Loan Requirements
Make sure you can meet the lender’s eligibility criteria before applying. This will save you time and help avoid potential credit consequences.
Provide Collateral or a Co-Signer
If both your credit and financial shape are bad, offer a lender a repayment guarantee to back your application. You may pledge some of your valuable assets, such as a house or a car, or add an individual with good credit and a high income to your application.
Responsible Borrowing Practices
Before taking out a loan, always assess your financial situation realistically. Only take out a loan that you are sure you can repay on time without sacrificing your other necessities. Don’t overborrow only because you can qualify for a higher amount.
Ensure you have a clear repayment strategy. This will help you avoid a vicious cycle of debt. Try not to renew or rollover your emergency loan, as it involves extra interest and fees. This way, you may find yourself owing more in interest than you’ve initially borrowed.
Why Choose 15M Finance
15M Finance is a reliable lending company that started with a simple idea: to help people make informed financial decisions and get much-needed support when nobody can help. We’ve been in the business since 2020 and have already helped over 565,000 Americans cover their emergencies. Check out what sets us apart:
Transparency
We have fair and upfront terms without hidden fees or charges.
Bad credit tolerance
We know that you’re more than just your credit score. Our loans come with no denial based on your past financial mistakes.
Security
At 15M Finance, your data safety is our main priority. We secure all transactions and use modern encryption technologies to keep your sensitive information private.
Personalization
We customize our approach to your particular needs, making the experience with us unique.
FAQ
Do you offer guaranteed cash advance loans?
Unfortunately, no lender may guarantee you approval. We need to assess your financial capabilities and spending patterns to ensure you can fulfil your loan obligations. Still, our acceptance rate is over 90%.
Can I get an instant loan with bad credit?
Yes, we don’t base our approval decision on your credit score and run only soft credit checks through alternative means.
How fast can I receive the money?
If you finalize your loan before 10 AM on weekdays, you can receive it by the end of the same day. Otherwise, the money will be deposited on the next business day.
What fees are associated with my loan?
Besides a lender’s fee, which is $10 to $30 for each $100 of your loan, you may also be charged an origination fee of up to 10% in some states. Late fees and NSF fees may also apply.
What if I need a long-term financial solution?
While cash advance loans are only suitable for short-term financial problems, consider our installment loans for your long-term needs. These loans can be repaid in 2 to 24 months in affordable monthly payments. You can borrow up to $5,000, depending on your income.
