signing payday loan direct lender contract

Why Should I Get A Payday Loan From A Direct Lender?

Once you've decided to get a payday loan, it's time to choose where to get one from. While you can acquire them from sites that use third parties, a payday loan direct lender can also be used and is often a better option.

From lower rates to easy processes to fast money, there are plenty of benefits to getting a payday loan from a direct lender. And we're going to explore five of the top reasons right here. 

The 5 Reasons To Get A Payday Loan From A Direct Lender

A direct lender is a financial institution that offers loans to consumers. Unlike traditional banks, they don't utilize a loan servicer to deal with processing and administration requests on their behalf. 

Therefore, a payday loan direct lender is an institution that sells payday loans directly to borrowers without using a "middleman."

A myriad of benefits come from choosing a payday loan direct lender, including the top five below:

payday loan money from a direct lender

1. No Third Parties

The most obvious (and necessary) advantage of using a payday loan direct lender is the non-existence of third parties. Your data isn't ferried between various entities, reducing the likelihood of security breaches or vulnerabilities. 

2. Easy Process

Without a middleman, there's no need for complicated procedures. Instead, all you need to do is follow the steps below to get a payday loan from us (yes, we are the direct lender):

  1. Complete our simple inquiry form. It should only take a few minutes.
  2. We will then call you to confirm your information and set up a face-to-face meeting. For payday loans, you must visit your nearest Alabama Title Loans, Inc. branch. 
  3. After the call, head to the nearest branch with your requirements. We'll go over everything you need to qualify over the phone. However, here's a list for your convenience:
    • Government-issued photo ID card
    • Social Security card
    • Most recent 30-day bank statement
    • Most recent paystub
    • Blank check
  4. Upon your arrival, we'll verify your items and establish how much money you can qualify for. 
  5. If you are satisfied with the amount offered, we'll guide you through the remaining paperwork. You'll just need to supply your signature on a few forms. 
  6. Finally, you get the money you need within 24 hours. Often, we are able to process your request immediately, releasing funds the same day you apply. 

As you can tell, there aren't any complicated procedures since we don't have to send your data over to other institutions, individuals, or entities. 

3. Fast Money (within 24 hours)

The beauty of a payday loan direct lender is our ability to process your loan request quickly. Generally, we'll be able to release funds the same day you apply or the following business day.

But know, we do our best to give you the money on the same day.

4. Lower Rates

Traditional lenders tend to come with sky-high rates to cover the various processes involved with sending information to third parties. Therefore, using a direct lender unlocks more attractive rates since other entities will not take part in the proceedings. 

5. No Credit Requirements

Finally, a near-perfect credit score is not required to qualify. In fact, you can get a payday loan from a direct lender with a poor credit score! Other factors are used to determine your eligibility. 

So, while a soft inquiry is done, it will not have the impact of a hard inquiry. Thus, your score will remain unaffected, even if you apply for more than one emergency loan. 

person counting payday loan cash

How Do Payday Loans from Direct Lenders Work?

Payday loans from direct lenders let you borrow straight from a financial institution, allowing you to access emergency money without any hassle. 

Generally speaking, these loans last between 14 and 31 days. And with our loans, you can borrow anywhere from $100 to $500 to fund all kinds of situations — medical bills, vet fees, home repairs, and vehicle repairs. 

You just need to supply some basic information to get started, and the money can be yours. 

Complete Your Payday Loan Direct Lender Request Today!

Getting a loan from a payday loan direct lender ensures access to money in as little as 24 hours and is a convenient and simple process. On top of that, you benefit from lower rates and zero credit requirements, making it one of the easiest ways to acquire emergency funding. 

So, if you want to get a payday loan from a direct lender, simply complete our online inquiry form and one of our representatives will contact you as soon as your information is received. 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Louis Tully

Louis Tully is a full-time finance writer offering financial expertise to everyday consumers. He understands the core values of finance and used his writing talents to share his own experiences with money to his readers. His articles teach how financial failures can easily become successes by making new habits and creating realistic goals.