Payday Loans Online
Payday loans are short-term loans, repaid in one payment on your next payday. You can apply for one with us online for up to $425. We show the fee in dollars and the APR before you sign, because this kind of loan is expensive and you should know the price first.
Payday Loans Explained Honestly
What a payday loan really costs: $15 for every $100 you repay, one payment in 14 days, and the APR shown up front before you borrow.
Read the video transcript
Here's what a payday loan costs. No fine print. Car repair. $400. Payday's two weeks away. A payday loan can bridge that, if you know the cost. $15 for every $100 you pay back. One payment, on your next payday. Yes, the APR is high. That's why we show it. Apply online. A soft check, so your score isn't affected. Decision in minutes. If approved, money as soon as the same day. Local to Lincoln since 1999. Cash Solutions. Know the cost before you borrow.
How a payday loan works with us
You borrow a small amount and repay it in a single payment, usually when your next paycheck arrives. There are no monthly installments.
- Apply on our websiteEnter the amount, your income details and the checking account your pay goes into.
- Get a decisionWe use a soft inquiry and give a decision in minutes.
- Read the agreementFee, APR and due date are listed before you accept. Nothing is owed until you sign.
- Repay on the due dateThe full amount, including the fee, is due at the end of the term.
What you need
- At least 19 years old
- Current employment for at least 6 months — current working income (SSI, disability and retirement income are not accepted)
- An open and active checking account for at least 3 months
- A valid Nebraska state-issued ID (driver’s license)
- Your most recent paystub, your last 30 days of banking history and valid checks (no starter checks)
Approval isn’t guaranteed. It depends on your income and on what we can verify.
What payday loans cost, in dollars and APR
Our fee is $15 for every $100 you repay. A payday loan is cheap to read about and costly to carry: the same fee that looks small in dollars becomes a very high rate once it is expressed per year.
| You receive | Fee | You repay | Term | APR |
|---|---|---|---|---|
| $100 | $17.65 | $117.65 | 14 days | 460.08% |
| $255 | $45.00 | $300.00 | 14 days | 460.08% |
| $300 | $52.94 | $352.94 | 14 days | 460.08% |
| $425 | $75.00 | $500.00 | 14 days | 460.08% |
- Example for a 14-day term. APR is the fee as a yearly rate: fee ÷ amount received × 365 ÷ days × 100.
- Searching for $500 payday loans online, same day? Our largest loan is $425, and $425 in cash means a $500 repayment. Anything above $425 would be an installment or personal loan instead, which our cash loans guide compares.
- A $255 loan means a $300 repayment, as the table shows. You may also see this product called a payday cash advance or a payday advance loan.
- Rates, limits and terms depend on your state. Your agreement shows the exact cost; see how the fee is calculated.
Payday cost calculator: what extending really adds
Some states allow a loan to be extended past its due date for another fee. See what that does to the total.
Each extension is another $15 per $100 you repay, and the loan itself is still owed at the end. Many states limit or ban extensions. We explain your options before the due date. This is an estimate; your exact cost is shown in your agreement before you sign.
Payday loans online, same day: what decides it
Fast payday loans are only as fast as the slowest step. We can give a decision in minutes. The money then moves to your checking account, and three things shape the timing.
- The hour you apply. An application finished early on a business day has the best chance of same-day funding.
- Your bank. Some banks credit incoming transfers the same day; others hold them overnight.
- Verification. If we have to confirm income or identity, funding starts after that step.
That’s why we say “as soon as the same day after approval” rather than promising it for every application.
Credit check
We don’t run a hard credit check. A soft inquiry doesn’t change your credit score, and other lenders can’t see it.
We consider applicants with bad or fair credit. The decision depends mainly on your income and your checking account.
If you can’t repay on time
Call us before the due date, not after. Depending on your state’s rules, there may be a way to extend the loan or arrange a payment plan. We will tell you what is possible for your loan, and the agreement lists any late or returned-payment fees.
If a payment is simply missed, your bank may charge its own fees, the debt can be sent to collections, and collection accounts can hurt your credit. Extending again and again also raises the total, as the calculator above shows.
Try these alternatives first
- Ask the company you owe for a later due date or a payment plan.
- Ask a credit union about a payday alternative loan; the NCUA has details.
- If you need more than $425 or want monthly payments, an installment loan spreads the cost over several months.
- Call 211 for local help with rent, utilities or food.
Where payday loans are allowed
Payday lending is regulated state by state. Some states ban it, some cap the amount, the fee or the number of extensions, and some allow it with few limits. Because of that, the maximum, the fee and the term you are offered depend on where you live. Our licensing details are in the disclosure at the bottom of the page and on our About page. If you also have bad credit and want to compare products, our bad credit loans page sets them side by side.
Why we know these rules
Cash Solutions opened its first Lincoln store in 1999. Kevin Bernadt, who co-founded the company with his brother, later spoke to committees of the Nebraska Legislature in 2008 and 2009 during debates on how payday lending should be regulated. We bring that experience to this page: plain costs, clear limits, and no pressure to borrow.
Frequently asked questions
How do payday loans work?
You borrow a small amount, up to $425 with us, and repay it in one payment on your next payday, usually in 14 days. The fee is $15 per $100 you repay. You see the full cost before you sign.
Can payday loans garnish your wages?
A lender can’t simply take money from your paycheck. Wage garnishment generally needs a court judgment first, and rules differ by state. Separately, if you authorize automatic withdrawal from your bank account, the payment is taken from the account on the due date, so keep it funded or call us beforehand.
Can payday loans take you to court?
Yes, a lender can sue for an unpaid balance, as with other debts. That is usually a last step after reminders and calls, and we’d rather work something out earlier. If you get a court notice, respond to it; ignoring it can lead to a default judgment.
Can payday loans hurt your credit?
Taking one out doesn’t hurt your score, since we use a soft inquiry. The risk comes from not repaying: an account sent to collections can be reported and can lower your score. Talk to us before the due date if repaying looks hard.
Are online payday loans safe, and how do I check a lender?
They can be, if the lender is licensed. Search your state regulator’s license lookup or NMLS Consumer Access before you share any details. Walk away if a lender asks for a fee up front, promises approval to everyone, or won’t show the cost in dollars and APR. You can also report problems to the CFPB.
Which are the best payday loans online?
The right choice is the one you can repay on time at a cost you have seen in writing, from a lender licensed in your state. Compare the dollar fee and APR rather than the speed, and check the CFPB’s payday loan guide first.
Related: Cash advances · Installment loans · Bad credit loans · Cash loans
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