What To Know About Online Cash Advance Direct Lender Borrowing In Kentucky

September 22, 2021 | Daniel Dewitt

facts about online cash advance direct lender

You can find everything you need to know about online cash advance from a direct lender here. After a quick overview, you'll learn:

  • The uses of payday advances
  • The benefits of getting a cash advance straight from a lender
  • The step-by-step process of getting a payday loan from us at Fast Payday Loans of Kentucky, LLC.

As promised, we'll start with a brief overview of this type of loan.

Overview Of Online Cash Advance Direct Lenders Offer

What Is A Payday Advance?

Payday loans were designed to bridge the gap between your paychecks. You shouldn't take them out just because they’re easily accessible, but because you really need to (more on that in the next section).

They are short-term loans that should be used to address immediate financial concerns, not rectify long-term cashflow issues. Because of this, they are also incredibly small loans. You can borrow between $100 and $500 with our cash advances, depending on your income.

The good news is that we welcome all credit. Whether you have good or bad credit, you can still start the payday cash advance process.

What Can You Use Online Cash Advance From Direct Lenders For?

There aren't any significant restrictions placed on your usage of your online cash advance direct lender loan. However, we always recommend reserving them for crises. Our customers have used their loans from us at Fast Payday Loans of Kentucky, LLC to fund:

  • Medical bills that were unexpected or higher than expected
  • Home repairs
  • Vehicle repairs
  • Urgent travel
  • Overdue utility bills or rent/mortgage

We suggest using them for the same or similarly urgent situations.

The Benefits Of Online Cash Advance From Direct Lenders

Skipping the broker and taking out a cash advance straight from the lender has plenty of advantages. But we'll look at the top 5 here.

online payday advance benefits

1. The Process Is Quick And Easy

We'll talk more about the specific process you need to follow to receive a payday advance from us. But for now, let's just say that it's super simple and wonderfully fast. Essentially, all you do is fill in a form, chat with us, provide some documents, and we'll release your funds!

There aren't any hidden charges or complications like there may be when acquiring the loan through a broker.

2. Removing The Messenger

Generally, the "middleman" or the "go-between" processes a loan transaction and takes a cut for their troubles. But using an online cash advance from a direct lender ensures you get all the benefits, not the middleman. You don't have to deal with holdovers or stress-inducing paperwork. It's a more seamless process without an intermediary.

3. Instant Cash

Instant cash is, by far, the biggest perk of fast payday loans online. The processing is ridiculously quick, making it perfect for emergencies, as we mentioned earlier. We can approve your direct lender online cash advance loan within 30 minutes.

4. Automatic Transfers To Your Bank

Once we have approved you, we transfer your funds directly into your bank account without them needing to go to the mediator for verification. Additionally, you can set up an automatic repayment system with your bank so you can pay back your loan easily.

5. Confidentiality Assurance

The cash advance industry is highly regulated now, especially when you don't have to deal with brokers. We use the strictest confidentiality protocols to keep your information protected. We never share your information with third parties. Yes, not even for marketing purposes.

How To Get A Payday Advance

man got payday advance cash

Getting a payday loan is simple. You don't need to deal with a ton of complicated paperwork or understand countless legal or financial terms. It's just a case of following these steps:

  1. Submit the quick cash online form, ensuring all the details are correct. The form will go straight to your nearest Fast Payday Loans of Kentucky, LLC location.
  2. One of our loan associates will receive your form and call you back to explain the process and make sure you know the items you need to bring in. Don't forget to ask any questions at this stage too.
  3. Bring your most recent pay stub, driver's license (or a different state-issued photo ID), and your blank check from your active checking account open in your name.
  4. A loan representative will meet you at the location and evaluate your paperwork.
  5. Once that's done, ask any other questions you have before signing the documents.
  6. Finally, you will receive the payday advance money either the same or next business day!

Get A Payday Advance With Us Now

You no longer have to spend your day googling “online cash advance direct lender”, as we've answered all your questions and settled your concerns. All you need to do now is either call us at 800-514-7724 or fill out a short inquiry for Kentucky payday loans on our website.