Payday Loans

A payday advance is meant to be a quick, easy soolution for people who are faced with financial emergencies and need money immediately. This type of transaction is recommended for necessities such as paying utility bills, urgent house or cars repairs, college tuition, or medical treatment. The fees for a payday loan are usually higher than an actual loan, but the cost is offset by the ability to get the funds you need within 24 hours, with no credit check.We change 10% interest plus $1 fee for the Florida state database. First time customers get interest free loan.

A traditional bank loan requires you must meet stringent requirements. The criteria traditionally includes a good credit rating and employment history, guarantees for secured loans and proof of income. Your credit application means lots of paperwork and it can take up to two weeks or more to complete. During this time, your initial debt can increase due to penalties or late fees.

On the other hand, a payday loan is very convenient because it requires only a simple online application that can be completed from your home or in our offices in minutes. Our site is available 24-hours a day and, once approved, you can have access to the money you need within 24 hours or less.

Definition of a Payday Loan

A payday loan is a short-term, unsecured loan for a small amount of money that is meant to fill the borrower's immediate financial needs until they receive their next paycheck. In the U.S., the laws that refer to payday loans differ from state to state.

The amount you can receive is between $100 and $500, and the loan period varies from 7 days to 30 days. The process for receiving a payday loan does not include a credit check. But we will verify your account with companies like CL Verify and Florida state database. This unsecured payday loan gives you fast access to the money after being approved. This is the reason the fees are higher in comparison with a similar loan from traditional sources such as banks or credit unions.

Your Online Application

If you need fast money to cover your immediate necessities, visit We are a direct lender, our process is faster then most online lead generators and you can rest assured that your information is only viewed by our trusted office personnel. All you need is a good Internet connection to complete your online application or visit our Contact Us page to find a location near you. Even if you wish to complete our application in our office you speed up the process by applying online and we will have the nearest office contact you. Fill in the application on our Apply Now page and submit the application for your payday loan. It should only take a few minutes to complete. Your loan will be pre-approved based on the information on our How it Works page. After your application is approved your can pick up the cash in one of our offices immediately.

U.S. Laws concerning Payday Loans

Each U.S. state has its own laws regarding payday loans. We charge 10% interest plus a $1 verification fee for the Florida state database.

You should also know about The Truth in Lending Act, a federal law that is meant to protect the consumers when dealing with lenders. The most important part is that the lender is required by law to give the potential borrower a written document with information concerning the total costs of the money received, its terms, rates and fees and the annual percentage rate.

The Truth in Lending Act is enforced in all the U.S. states, being a federal law, but it has differences from one state to the next. The common feature is the disclosure of key information to protect the borrower from any hidden fees and, for the lender, to reduce future complaints.

The payday loan industry is regulated by law in the majority of U.S. states, while some states payday loans are considered illegal or are not feasible for lenders to provide. The strict regulations are meant to prevent excessive, unreasonable fees and, in some states, the concept of interest limits is present. This refers to the limitation of interest rates that are calculated by an annual percentage rate or APR, even when a payday loan is not considered a loan but a financial transaction.

A payday loan is a useful tool if you need fast money to cover immediate necessities. There is no credit history check, the application can be submitted online, and it usually takes little time to complete. There are minimal requirements and you benefit from a fast online approval. The best thing is that you do not have to search the for the best rates, since Rapid Cash offer the lowest fees in the industry. You need to go to and submit a 100% secure application. Provide necessary paperwork for a payday loans via fax or scan and email, all you need is proof of income, your bank statement and ID, and you are done.