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Get your emergency covered with a day one loan

Many people are faced with a situation where their expenses do not correspond to the income received. They have to look for other sources of funding. A first day loan may be one possible solution to the problem. It can provide you financial support at least for a while.

What is a first day loan?

A first day loan is a short term loan issued to cover sudden expenses of different categories of citizens. Its overall simplicity and flexibility make it a bargain offered by direct lenders. Let’s see what kind of benefits can be enjoyed by average borrowers.


  • Short and practical application form;
  • Possibility to select the most interesting loan conditions;
  • Low qualification requirements to be fulfilled by each candidate;
  • Principal balances as low as $100.

The inconvenients

  • Extremely high interest rates;
  • Interest rates that do not comply with federal LAWS.

Why choose the first day loan?

Getting first day loans online is a popular solution to financial problems. As a potential borrower, you have more than enough reasons to try this type of loan:

Practical application

You don’t need to go to a lender’s land office to apply for a loan. This can be done in an online format. On the lender’s website, you will complete a loan application form by entering some basic information about yourself and your financial situation.

Instant Approval

After submitting a quick online application form to instant money, it won’t take long to get approved. This usually depends on verifying your identity and the accuracy of the information provided.

Quick cash funding

The approved amount will be deposited in your bank account within one business day. Thus, you will be able to use your money soon after applying.

How do I apply for a first day loan from direct lenders?

Now that you are ready to apply for financial assistance, you need to choose a responsible lender. The market is full of loan services. Who can we trust? This is a question that requires extensive research and analysis. Check everything properly – services, fees, penalties, customer support and other important details. Your borrowing experience depends on this choice.

Those wishing to apply for a day one loan online will need to follow a standard application process. Whether you want to borrow $200 or $2000, you will need to specify the same amount of information.

  • Last name and first name
  • Contact details (email and phone number)
  • Identity card and/or social security number
  • Source and size of income each month
  • Bank account to receive funds

Once a lender receives your application, they begin to review the information provided. Is it correct ? Can we trust him? Does it meet the requirements of a lender? If so, a lender will quickly review your credit history. What is your credit rating? Do you have outstanding debts? A soft credit check will not affect your credit score. It will end up as a short note in your credit report, nothing more. After that, a lender will be ready with a final decision. As long as it may seem, it actually takes a few minutes of your time.

If a lender’s response is positive, you will have to wait for cash funding. It is usually processed in your bank account within 24 hours. In most cases, it takes even less time to get money.

Day One Loan Disbursement and Repayment Terms

If a first day loan is approved by a direct lender, a credit check cannot be skipped. The loan fee will appear in your personal account and be deposited into your bank balance within one business day. Thus, you can use the obtained amount of money in a short time.

When using the sum of money borrowed, you must not forget your repayment obligation. It is something to be taken seriously. In the worst case, you could face high penalties that often reach 50% of the loan value at the end of the repayment period.

If you allow your lender to become delinquent, you will pay 1.5% per month based on the value of the outstanding debt. Worse still, future loan applications will most likely be turned down.

To make your experience with the lender as smooth as possible, you need to follow the agreement. This is the only way to benefit all parties involved in the agreement process.

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