How do I qualify for a payday loan advance?
Qualifying for a payday loan advance is easy with American Loan Advance. We do not perform credit checks, so even if you have bad credit, no credit, or a past bankruptcy you can still qualify.



These are the general requirements:
- Be currently employed or receive a regularly recurring income.
- Your take home pay is at least $1000 per month if employed or $800 per month on a fixed income.
- Your checking account uses direct deposit.

How long does it take to get my loan advance approved?
Customers typically receive payday loan advance approval within a few hours of applying, and receive the payday cash advance loan amount via electronic transfer into their bank account overnight! In some cases you may receive your cash advance loan the same day, even within an hour of being approved!

Will my credit or bankruptcy hurt me?
American Loan Advance does not perform credit checks on the payday loan advances.

What about collateral for my cash loan advance?
Your job and your paycheck are the only collateral you need for your payday advance.

Do I need direct deposit?
Yes. Your loan advance provider can only process your payday advance loan if your paycheck is direct deposited.

Is there an application fee?
We will never charge you an application fee for your cash payday advance loan. Be extremely careful with lenders that try to charge an application fee for your advance loan.

Are payday loans available in every state?
At this time we are able to refer lenders from 40 states. This may, from time to time, be amended due to regulatory or other changes.

How often can I get a cash payday loan advance?
American Loan Advance is here to help anytime you need extra cash advances between paydays. We encourage all our clients to keep in mind that a paycheck cash loan advance is a only short-term answer to urgent cash needs, and to use these loans responsibly.
Payday loans should not be used repeatedly to deal with continuing budgeting issues. If you need additional help with credit, budgeting or debt management, please call the National Foundation for Credit Counseling at 1-800-388-2227.

How is my loan advance amount determined?
State laws generally limit the payday loan advances to cash amounts from $100 to $500. Some states may permit payday loan advance amounts of up to $1,500. Your actual loan advance amount is determined by various other factors including your take home income.

What are the fees for a payday loan advance?
Fees for loan advances until your next payday vary depending on where you live and the lenders that work in your area. The fees can be expensive and may be up to $30 for every $100 borrowed. Payday loan advances and cash loan advances are not intended to solve larger financial commitments. If you need to borrow money for periods longer than until your next payday, you may wish to seek the advice of a credit counseling specialist.

When is the loan advance amount due?
Online payday loan advance repayments are usually due when you receive your next paycheck via direct deposit. The standard time for loan advance repayment is usually no less than seven days and no longer than eighteen days, though some may lend for longer durations, depending on where you reside.There are usually no penalties if you pay back your online payday loan advance early, but it is best that you check with your lender to make certain of the terms and conditions of your payday advance and their policies on this and other matters.

What if I can't repay the cash payday loan advance in full on my due date?
Different payment options are usually available:
1. Paying the loan advance in full on the maturity date listed on your payday loan agreement*.
2. Paying the finance fee and a portion of the principle on or before the maturity date*.
3. Paying only the finance fee on the maturity date*.