If You Need Money Today, 15M Finance Can Help
Unexpected situations where you need money today but don’t have it happen even with the best of us. 15M Finance is ready to help you handle emergency expenses fast regardless of your credit score. Our loans offer you the flexibility to choose the perfect amount for the right period of time. Let’s explore your options and pick the best financial solution to your current money struggles.
How to Get Money Today: Quick Loan Options
Even if you need money right away, it’s best to first analyze various loan types. It can help you get a better understanding of what is available to you, and assist you in making a decision. Here are some options to consider.
Payday Loans
If you need up to $1,000 until your next paycheck, payday loans from 15M Finance are a great option. They allow you to get quick access to your funds within 1 day and have a straightforward application process. You typically receive a loan decision within a couple of minutes, and get funded either the same day or the next day. The interest rate is expressed through a flat fee between $15 and $30 per each $100 you borrow.
Installment Loans
15M Finance also offers installment loans at reasonable rates. These loans give you more time to return the money and are easy to apply for with bad credit. You can get between $500 and $5,000 for 2 to 24 months. This makes this loan significantly more manageable. You might get an annual percentage rate (APR) between 16% and 200%. Processing fees may also be applied. To qualify, you simply need to have a stable source of income.
Title Loans
If your income isn’t stable, but you still want to get money today, a secured loan is the way to go. A title loan requires you to provide your vehicle as collateral. You can get up to 50% of the car’s value for up to 30 days. You typically have up to 30 days to repay the loan. Title loans usually have APRs of around 300%. You need to carefully assess your repayment capability so as not to lose your car in case of default.
Cash Advance Loans
Cash advances are a type of loan that allows you to get a paycheck advance until you get your salary. They often come with no interest and fees, but some options may have APRs from 200% to even 600%. The repayment period is between 14 and 30 days. To get cash today, you need to download a cash advance app on your smartphone and fill out a simple form. If approved before 10:30 AM on a weekday, you’ll receive your money on the same day. Otherwise, you’ll receive a direct bank transfer on the next business day.
How to Get Cash Today with 15M Finance
Applying online for a loan with 15M Finance is extremely easy. Follow the guide below to understand how to get your money as soon as today.
General Requirements
While we offer loans that don’t have strict credit score requirements, you still need to meet some basic eligibility criteria.
Age: at least 18 years old Bank account: have an active bank account in your name Citizenship: be a permanent resident of the United States Salary: have a stable monthly income you can verify Documents and information: provide proof of income and address, ID, SSN, valid phone number, and email address.
Application Guide
If you meet the general requirements, you can go ahead and request a suitable loan. Here’s how you can do that:
Fill out an online application form. Our loan request form is available online on the website 24/7. Enter your personal information in just 5 minutes and submit it.
Get an approval decision. We will verify your application details to ensure you meet the requirements. There are no hard credit checks involved in the process, so you will get a response in about 15 minutes.
E-sign an agreement. If approved, review the loan terms to ensure they suit you. If everything is fine, e-sign the loan contract to accept an offer.
Receive the money. You will get a direct deposit into your bank account within 1 business day.
Alternative Solutions
Even if you don’t have a stable source of income, good credit score, or a car to use as collateral, you can still get emergency cash. Here are some ideas:
Sell Unused Items
Most people are likely to find old toys, furniture or appliances in their basement or attic. There might be someone out there looking for the thing you no longer use. Clean it up, take a picture and post it on eBay, Facebook Marketplace, and Craigslist. While not the fastest source of income, it’s the most risk-free and convenient, since you’re getting rid of stuff you don’t need.
Gig Economy Jobs
The gig market has thousands of customers looking for someone to perform small tasks for them. From logo design to voiceovers, there’s something you can do. Create a professional account, showcase your abilities through images or video recordings and respond to the job offers that meet your skills. It’s tricky to get noticed on the first day, however it can be a solid source of money over time.
Borrow from Friends or Family
Many people avoid asking for money from friends or family for personal reasons. However, you can successfully do that as long as you have a plan in mind. Before you try to borrow money from them, prepare a repayment plan. It will help you successfully repay your debt on time while maintaining a good relationship with your loved ones.
Community Resources
If your financial needs aren’t an exception, but more of a long-term struggle, you can reach out to non-profit organizations, government agencies, or community groups to ask for help. They typically require proof of need for you to qualify. Some institutions might not directly provide money, but instead assist you with covering your bills or getting groceries.
Steps to Take After Getting the Money
The loan process doesn’t stop at getting funded. The next step is to come up with a realistic and efficient repayment plan. It will vary depending on the type of loan you get, but there are general rules you can follow.
Budget and Plan
You need to always be aware of your income and monthly expenses, especially when you have a loan. Write down the amount you earn each month and list all you expenses, including the following:
- Living expenses. Calculate how much you need to cover rent, commuting, groceries, and other important aspects of life.
- Secondary spendings. Find out how much money you spend on optional expenses. It can include coffee, takeout, unnecessary purchases and other things you consider unimportant.
- Loan payments. List all your debts, including loans and minimum credit card payments.
Once you find out how much money you spend each month, check out how it corresponds to your income and make sure you live within your means. If you don’t, revise your budget and check what you can cut down on.
Build an Emergency Fund
This might be easier said than done, but it’s extremely important not only for your loan, but for your general financial situation. If you have any money left – big or small, it’s a good practice to set it aside. You can open a savings account and transfer these funds there or you can take an old-fashioned approach and save your cash in a jar.
It’s true that inflation makes your money lose value, however it’s still a good back-up plan for unexpected situations. You can use it if one month you won’t have enough funds to cover the loan payment or other urgent needs. If you suddenly lose your job, it can serve as a temporary source of money until you find a new workplace.
Improve Financial Literacy
Many people aren’t well-versed in finances. That’s why some of them fall into the traps of predatory lending companies or simply make irresponsible financial decisions. It’s always a good idea to research trustworthy online resources about saving strategies, investments and useful tips to improve your financial situation.
Responsible Borrowing
15M Finance promotes responsible borrowing to ensure you have a positive experience with us. Only request the amount you need because over-borrowing is a common cause for late payments and general dissatisfaction. It’s also important to be realistic about your finances and borrow only what you can afford. Make sure to plan for repayment and refrain from loans if you experience long lasting money problems. Instead, search for a credit counselor to work on your long-term financial stability.
Why Choose 15M Finance
If you’re looking for a reliable lending company offering quick loans, 15M Finance is always here for you. We are a trusted service that helps you get the funds you need regardless of your credit score. Here are the benefits you’ll get from working with us:
No credit check
Even those with bad credit scores can qualify for a loan. Our lenders base their decisions on your income, so as long as you receive consistent paychecks, you have a chance to be approved.
Safety
We are a licensed company that complies with federal and state lending laws. Additionally, we ensure the most up-to-date encryption protocols and data processing tools to keep your information safe.
Fast decisions
If you need cash today, 15M Finance is a great choice. We will send you an almost instant decision.
Same-day funding
If you need cash today, 15M Finance is a great choice. We will send you an almost instant decision.
Outstanding customer service
Our customer support representatives are friendly and professional. They are always happy to answer your questions and help you make an informed decision.
FAQ
What to do if I need money today?
Estimate how much you need and how quickly you can comfortably repay the loan. This will help you choose the right loan option. Then, you can request a loan via our website and receive the needed sum within 1 business day. Try to apply early in the morning as it increases the chances of a same-day deposit.
Are bad credit loans safe?
All of the loans 15M Finance offers are safe and secure. We hold all the necessary licenses and certifications to provide our services. We also use modern security practices to ensure your information is protected. Still, these loans may be more expensive than traditional options. Therefore, you need to borrow money responsibly and assess your repayment capabilities first.
Will the loan affect my credit score?
Since we don’t perform hard credit checks, loans from 15M Finance won’t appear on your credit report. However, if you miss your payments, we might report it to major credit bureaus. It will reduce your credit score and the records will stay in your credit history for up to 7 years.
What to do if I can’t pay?
If you miss your payments, you are likely to pay late fees. The best strategy is to dial the number specified in your loan agreement as soon as you realize you won’t be able to pay on time. You might be offered a loan extension, rollover, or refinancing options.
Can I get a direct deposit loan with no bank account?
Direct deposit loans require you to have a bank or checking account to transfer the loan funds to you. If you don’t have a bank account, consider our in-store cash loans in California, Missouri, Ohio, Texas, and Wisconsin.
How can I improve my chances of approval?
We base our decision mostly on your income. To increase your approval chances, include additional sources of income if you work as a part-time freelancer or if you get regular rent payments. Stable and sufficient income generally means you’re more trustworthy, which might increase your chances of approval. A higher credit score may also help you qualify for better loan terms.
Does it matter what US state I’m in?
Yes, it does. Some states have unique regulations when it comes to bad credit loans. Sometimes, it’s in your favor as it can grant you free loan extensions or low interest rate caps. Other states limit the maximum amount you can borrow. It’s important to check the local regulations to understand your rights and responsibilities.
