What are 1-hour payday loans?

One-hour payday loans refer to loans that you can apply for and get a loan approval or denial in 1 hour or less. Generally, the entire process of requesting a payday loan has just 3 steps:

  1. Complete a short, online loan request form in 2-5 minutes
  2. Submit your loan request in seconds
  3. Get an approval or denial in another 90 seconds or less.
  4. If your request is approved, you should plan on another 15-20 minutes talking with your lender. At this time, the lender must review the terms and conditions of the loan offer with you and answer any questions you may have. That is why it takes this long.

    As you can see, the total time is much less than 1 hour.

    When does a 1-hour payday loan make sense?

    A 1-hour payday loan only makes sense when you have no other, lower-cost options. Or you have a very urgent need for cash and cannot wait for the traditional processes, which can take weeks. Payday loans are only recommended for emergencies and when you are certain you can pay back your loan on its due date.

    Most states have laws to keep fees fairly low and in line with credit card rates, but there are exceptions. Check your state website to learn what regulations apply to where you live.

    How do one-hour payday loans work?

    Simple. Complete an online loan request form and submit it. Get an answer right away and decide if the loan offer is one you wish to accept. You can do everything right from your smartphone.

    Where can I get 1-hour payday loans with no credit check?

    CashOne has helped more than 500,000 Americans from coast to coast.

    CashOne is a provider of one-hour payday loans helping those in need of emergency cash. Open 24/7 and 365, CashOne uses the latest encryption technology to protect your information.

    Get more information on 1-hour payday loans here: https://www.cashone.com/one-hour-payday-loans

Author's Bio: 

Robin Williams is an Executive at CashOne, which serves to connect consumers across the U.S. quickly with its authorized lender network for payday loans online. Robin has more than 20+ years’ experience in Administrative Management, with several years in the lending industry.