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Same Day Loans From A Direct Lender

With same day loans direct lenders are generally brick and mortar stores. Online lenders may advertise same day loans, but n reality, most online loans require at least one business day for processing. And many online lending websites are not actually lenders at all. Some are lending brokers; others are aggregators. LoanNow is a better option. We are a direct online lender and we can provide the money you need – when you need it.

same day loansSame Day Brick and Mortar Loans

With brick and mortar same day loans direct lenders are nearly always non bank institutions such as payday loan stores and pawn shops. Such lenders are often the last resort for borrowers who are desperate for cash.  But both of these same day loans direct lenders have serious drawbacks.

As same day loans direct lenders, pawn shops require collateral such as diamond and gold jewelry or high end electronics. The loan you receive in exchange is much less than the actual value of your property.  If you fail to repay the loan – plus interest – within a specified period (often 30 to 60 days) you risk losing your property for good.

With payday same day loans direct lenders require borrowers to submit information about their employment or other source of income along with one or more post dated checks. These checks are deposited on the designated date – which can be as short as 10 days from the date you receive the loan.

Same Day Online Loans

Finding online same day loans direct lenders can be an exercise in frustration. First, many online lending websites aren’t actually operated by lenders. In some instances, the website operator is a loan broker working with a specific group of lenders. In other cases, such websites operate as aggregators, collecting personal and financial information and distributing it to third parties – often indiscriminately.

Even with a direct lender, claims of offering same day loans are often misleading. That’s because online loans are often processed through the Automated Clearing House (ACH) system, which typically requires at least one business day to process electronic deposits.

The LoanNow Alternative

LoanNow is a direct online lender – so you know exactly where your sensitive personal and financial information is going.  We never require collateral, even if your credit is less than perfect. We consider your entire financial profile, and we often say yes even when banks say no.  Why not check 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.