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An Alternative to Bad Credit Payday Advances from LoanNow

Bad Credit Payday Advance

Depending on your circumstances, a bad credit payday advance can be difficult to obtain. If your employer permits payday advances, you probably don’t have to worry about your credit profile or your FICO score. Otherwise, you may be forced to look elsewhere, and a bad credit payday advance is not a service most lenders provide.

If you’re desperate for a cash advance, you may be tempted to turn to a payday lender.  But a payday loan almost always a bad move. In many cases, LoanNow can provide the easy cash advance you need without trapping you in a cycle of endless debt.

The Cycle of Payday Loans

Many payday lenders would have you believe that a bad credit payday advance is yours for the asking.  Simply provide your income and banking information, and money will appear in your bank account in a matter of hours, or overnight while you sleep. What they don’t tell you is that you’re very likely walking into a trap.

That’s because payday lenders expect repayment in full for your bad credit payday advance on your next payday. Depending on how often you’re paid that could be just a few days after you receive the money. When the short repayment period is added to the outrageously high interest rates charged by payday lenders, the result is often a loan that can’t be repaid on time.  But payday lenders have a solution: in exchange for a token payment, the loan will be rolled over – essentially renewed with a new set of interest and fee charges. It shouldn’t be difficult to figure out that only a few rollovers could produce a debt many times the amount of the original payday advance loan.

Substitutes for Payday Loans


If you can’t get a direct payday advance from your employer, many of the remaining options for a bad credit payday advance are undesirable. If you only need a modest amount of money, you could borrow from a family member or a friend. But you could be putting your closest personal relationships on the line if you are unable to repay the money. Pawn shops are another option, provided you have property that is considered valuable.  Gold and diamond jewelry or new electronics tend to fetch the largest loans.  But pawn shops also charge high fees, and expect repayment in full, usually within 30 or 60 days. And if you don’t pay, you can say goodbye to your possessions.

The LoanNow Difference

LoanNow understands that you can’t always wait for your money, so we process most applications within 24 hours. And once approved, you could have your money in as little as one business day.*

We provide a real alternative to a bad credit payday advance – with manageable repayment periods and no collateral required.

Why not try us out today!

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Why LoanNow

  • 5-Minute Application

    All it takes is a few minutes. We’re fast, easy and headache-free.

  • Fast & Easy Approval

    Get your quick loan approval online. Money in minutes. †

  • Deposit to Your Account

    Funds are deposited fast into your bank account! ‡

How It Works

  • Apply Now

    Complete our easy online application. It takes 5 minutes and there is no paperwork and no faxing required.

  • Get Approved

    You will get a quick loan approval decision. We are a direct lender so there is no long wait for an answer.

  • Get Your Money

    We deposit your money right into your bank account. Your installment loan payments come from the same account - automatic, no hassles.

What We're About

  • "We believe we can change the world by helping people with less than great credit get back on track."

    Miron, The Team

  • "Our loans reward you for good behavior instead of trapping you in an endless spiral of interest & penalties."

    Harry, The Team

  • "Our mission is to build the fastest & easiest way to get a loan."

    Jesse, The Team

Grow Your Score

Our personal loans reward you for good behavior instead of trapping you in an endless spiral of interest & penalties. Together, we grow your LoanNow score to unlock better rates.

LoanNow Score

* Funds will be distributed via ACH. Most banks will post the funds to your account by the next business day. Subject to underwriting approval.

** Subject to online availability and underwriting may request additional items prior to final approval.

† Loan approvals are subject to underwriting criteria and the approval process may take longer if required items are not able to be verified online or additional items are requested.

‡ Funds will be distributed via ACH. Most banks will post the funds to your account by the next business day. One’s bank will determine when funds are actually available.