Best Payday Loan Websites – Top Low Credit Online Lenders for Those with Bad Credit

A payday loan is a short-term borrowing where a lender provides you with money while extending high-interest credit based on your income. Typically, a payday loan’s principal is a portion of your next paycheck. These loans are also called check advance loans or cash advance loans.

Nowadays, numerous payday loan websites lend money to those in need. The top payday loan websites can transfer funds to your bank account almost instantly (within a few hours).

However, with so many payday loan websites offering money to the needy, not all of them are worth it. Some payday websites can be scams.

After thorough research on the payday loan websites, we concluded that the following are the best payday loan websites of 2022.

The Best Payday Loan Websites of 2022

Here are the top payday loan websites to consider in 2022:

  • MoneyMutual
  • FundsJoy
  • BadCreditLoans
  • PickALender
  • Next Day Personal Loan
  • CashUSA



MoneyMutual is among the best payday websites on the internet today. This website claims to have lent more than two million borrowers money in times of need.

One of the commendable things about this payday loan website is you can borrow up to $5,000 within a day, provided you have a good credit score. At the same time, if you have a bad or no credit score, you can still borrow money from MoneyMutual within a few hours.

This online lending platform also helps you connect with more than 120 lenders, allowing you to pick the best option that suits your needs. Also, MoneyMutual doesn’t charge you a single penny for connecting you with these lenders.

Borrow Cap

You can borrow up to $5,000 within one business day



FundsJoy is another top-notch payday loan website that helps you borrow funds between $200-5,000 by following a few simple steps.

The company has a simple, user-friendly, and effective website, making it easier for borrowers to fill out the online form in ten minutes. Based on your credit score, you can avail of different loan options – from $200 to $5,000.

To get a loan through FundsJoy, follow these steps:

  • Fill out a request form
  • Check the available offers
  • Accept the offer that suits your requirements
  • Receive the money

Like MoneyMutual, FundsJoy also helps you connect with lenders without charging any additional cost.

Borrow Cap

You can borrow up to $5,000 within one business day



According to its marketing team, BadCreditLoans is an online lending website that specializes in lending money to those with bad credit.

If you want to apply for a loan with a poor credit score, BadCreditLoans has you covered. BadCreditLoans lets you connect with several lenders without charging additional fees like other top payday loan websites on our list.

The company offers a no-cost service in which you have to pay interest and other charges to each lender, but not the company.

You can obtain a loan through this platform by following three easy steps:

  • Fill out the online application form
  • Connect with a lender that suits your needs
  • Receive the money within a few minutes

Borrow Cap

You can borrow from $200 to $10,000 in one business day



PickALender connects you with lenders in just two minutes (yes, you read that right). Visit this website, and select the service you want to access within minutes.

PickALender specializes in auto loans, debt consolidation, and credit card consolidation. On top of that, borrowers can also apply for the following:

  • Travel loans
  • Home improvement loans
  • General payday loans

To apply for a PickALender loan, complete the online application form and select a lender per your needs from many lenders in your area. You can complete the form in just two minutes, and the cherry on top, funds are deposited into your account within 24 hours. PickALender is also a no-cost service that doesn’t charge you additional fees.

Borrow Cap

You can borrow from $100 to $40,000 in 24 hours

Next Day Personal Loan


Next Day Personal Loan is another top-rated payday loan platform specializing in personal loans within one business day. Follow three easy steps and get funds deposited into your account almost immediately. These steps include:

  • Complete the application form in just two minutes
  • Review offers from a network of lenders in your area
  • Receive the money within 24 hours

This payday loan website lets you connect with a nationwide network of lenders. In addition, it has 256-bit data protection and a direct deposit system. On top of that, this online lending platform offers loans to people with all types of credit scores, be it bad or good.

Overall, it’s one of the best platforms to obtain a loan in 2022.

Borrow Cap

You can borrow from $100 to $40,000 in one business day



CashUSA is another renowned online lending platform in the payday loan space. It lets you connect with a network of lenders in your area without charging you extra fees.

To obtain a loan, follow these simple steps:

  • Complete the online application form
  • Review the offers from lenders
  • Get funds deposited into your bank account in one business day

One unique thing about this payday website is that it displays each lender’s fee structure, interest rate, and total cost to compare offers easily.

Overall, it’s a top-notch payday website that lets you borrow up to $10,000 following straightforward steps.

Borrow Cap

You can borrow up to $10,000 within 24 hours

Factors We Considered While Selecting The Top Payday Loan Websites

All payday loan websites claim to offer quick, efficient, and excellent services. However, not all of them live up to their expectations. Following are some crucial factors we considered while selecting the best payday loan websites:

Lenders’ Quality

While some online lending platforms connect you with expensive lenders, others connect you with a network of inexpensive ones. Some companies have a network of more than a hundred high-profile lenders, while others connect you with less than ten low-quality lenders. With this in mind, we preferred the online lending platforms with a network of top-notch quality lenders.

Lenders’ Quantity

Lenders’ quantity is vital for picking the ideal option for you. While some payday websites only have a few lenders, others partner with hundreds of top-rated lenders, providing you with different options to pick from. We preferred the payday loan websites that emphasize lenders’ quantity.

Funds Transfer Speed

We tend to apply for a payday loan when we are in dire need of it. Therefore, it’s no secret we want payday loan websites to deposit money into our bank accounts as early as possible. Most online lending websites claim to deposit funds into your account within one business day. However, there are ones that transfer the money within two hours of signing up.

The sooner a payday website deposits money in a borrower’s account, the higher it is ranked on our list.

Fees and Other Charges

Payday loan websites are obliged by the law to disclose all their fees upfront. However, some lenders still feel reluctant to do so. We gave the edge to payday websites that provide maximum transparency regarding their interest rates, fees, and other service charges.

Honest Advertised Benefits

The payday loan industry is full of shady businesses, with many online lending platforms claiming to lend money within a few hours and then failing to deliver. The top-rated payday websites are honest and transparent about their services and charges – and they’re the ones we included on our list.

Company Contact Information

The best-rated payday loan websites always provide their customers with an address, email address, phone number, or live chat option. However, others are reluctant to do so. We preferred the platforms that provide accurate contact details since borrowing involves dealing with your personal information and borrowed money.

Client Reviews


While testing each payday loan website, we also considered client reviews. MoneyMutual came on top since it has lent money to more than two million borrowers, attaining thousands of positive reviews. Though it’s challenging to keep every client happy, the top payday loan websites manage to keep most of them.

Brand Reputation and Experience

Often, most payday loan websites lack consistency, rising and falling now and then. With this in mind, we chose the online lending platforms with a proven track record in the industry and massive fan bases.

Level of Security (256-Bit Encryption)

Indeed, any payday loan website should be HTTPS secured with 256-bit encryption. This is crucial since borrowers enter sensitive financial and personal information such as their Social Security Number (SSN) into an online form. They cannot afford that information to leak. Therefore, we prefer online lending websites with high-security levels and encryption.

Acceptance of Credit Scores

A bad or good credit score should not come in the way of getting a loan when you need it the most. Many individuals applying for a loan have low or average credit scores. The top-rated payday loan websites accept all types of credit scores – low to moderate. They’re the ones we included on our list.

Ease of Use

While some online lending websites have fast, efficient, and user-friendly interfaces, others are slow and poorly designed. Moreover, some have easy-to-fill online application forms. We selected the payday loan websites that have invested in their user interface, making it easier for customers to navigate.

Borrow Cap

Most top-rated online lending websites let you borrow from $200 to $5,000. However, some payday loan lenders may lend up to $40,000. We considered this factor while selecting the top payday loan websites for our list.

How Online Lending Websites Work

Most payday loan websites are easy to access and affordable, allowing you to borrow money from the lender when you need it. Let’s have a look at how these websites work:

Step #1: Visit the Website And Start

Most payday loan websites allow customers to start the application immediately from the homepage. For instance, you need to enter your first and last name into the online application form.

Step #2: Complete the Application

Once you’ve entered your first and last name into the online application form, complete the form by entering your personal information. This includes:

  • Social Security Number (SSN)
  • Earning details
  • Other personal information

Step #3: Review Offers

After filling out the online application form completely, the online lender checks your identity to connect with lenders. Irrespective of your credit score (good or bad), you get various offers to pick the one that suits you best.

Step #4: Select The Amount You Want to Borrow


After choosing the lender that fulfills your needs, the next step is to select the amount you want to borrow. While most payday loan websites offer between $200 and $5,000, some of them let you borrow up to $40,000. You can choose the perfect amount to supplement your needs, including traveling, paying a bill, or renovating your home.

Step #5: Enter Bank Account Details

Most payday loan websites provide customers with a direct deposit option to transfer money to their bank accounts. It’s the easiest and fastest method to deposit funds into the account. Once you’ve accepted the offer, enter your bank account details to receive the money as early as possible.

Step #6: Receive Funds

The top-rated payday loan websites deposit funds into your bank account within 24 hours of application completion. However, there are some exceptions where online lenders transfer the money within just two hours. If you choose a well-rated payday loan website, you should get your funds within 24 hours.

Step #7: Spend Money

Once the funds are deposited into your bank account, it’s your call how you like to use that money. Like any other money in your bank account, you can spend this borrowed money however you want.

Step #8: Payback the Loan

Most payday loan websites ask borrowers to pay off the loan within two to four weeks. Moreover, some companies use around the average pay period – which means you need to pay off the loan the next time you receive your paycheck. You must pay off the loan on time to avoid any significant interest.

Cost of Payday Loans

Most payday loan websites offer no-cost services, which are genuinely free to use. However, a thing noteworthy here is that a payday loan website is different from a payday lender.

A payday loan website works as the bridge to connect you with lenders in your area, providing offers based on your financial information. The main goal of a payday loan website is to get different lenders competing for your business and attain commission from those lenders for each successful deal.

The payday loan websites charge you nothing but charge the lenders. Meanwhile, each lender charges you their fees based on borrowed money. Most lenders charge a simple APR (annual percentage rate) for interest. For instance, if you borrow $1,000, you will need to repay $1,100 within two to four weeks.

Before borrowing the money, keep in mind that all lenders must disclose all charges and service fees upfront.

Reasons to Get a Payday Loan

One of the reasons to obtain a payday loan is to get the money immediately before your next payday. Instead of waiting for days or weeks, you can have the funds deposited into your account within hours. Other reasons to apply for a payday loan include:

  • To tackle emergency expenses before getting your next payday
  • You have to pay a bill immediately
  • You urgently need money for food, shelter, and other essentials
  • You may not have enough money at the moment to survive until your next payday arrives
  • Need cash for any personal reason

Another perk of a payday loan is you don’t need any particular reason to obtain a payday loan. Once the funds are deposited into your account, it’s up to you to use that money. You can spend that money however you like.

Payday Loan Requirements

To get a payday loan, you must provide certain information. If you fail to provide the required information, your chances of getting a payday loan decrease.

Here are some standard payday loan requirements:

  • At least 18 years old
  • A current resident of the state through which you apply for your loan
  • You must have a valid and active phone number or email address
  • You must have an active bank account that has been open for a minimum of one month
  • You are not facing bankruptcy or are in debt
  • Some payday loan lenders even require income proof of $1,000 monthly.

How Much Can Someone Borrow With a Payday Loan?

The amount of money someone can borrow depends on some factors, including their credit score, the payday loan website they use, and their state lending laws. Most online lending platforms allow you to borrow from $200 to $5,000.

If you want to get a higher payday loan, your credit score must be increased (good or above). For instance, if you have a lower credit score (average or bad), you might be able to borrow $500 to $1,000. On the other hand, if you have a good credit score, you can borrow up to $10,000.

In addition, some payday loan websites provide you with the amount as per your needs, regardless of your credit score.

Benefits of a Payday Loan Website

The top payday loan websites allow you to access the borrowed money as early as possible. Besides that, there are other excellent benefits of using an authentic payday loan website. These include:

Borrow Money Irrespective of Credit Score

The best payday loan websites cater to their customers regardless of their credit scores. Those with good credit scores might get more offers than ones with a bad score. However, a suitable payday loan website lets everyone get the proposals as per their needs, irrespective of their financial history.

Therefore, if you want to get a loan with a bad score, there is no shortage of good payday lenders that can cater to your needs.

Less Expensive than Credit Cards


It’s no secret that many payday loans are affordable compared to credit cards. For instance, credit cards might charge 18% to 40% annual percentage rates. On the other hand, payday lending platforms might charge 5% to 30% annually. Though you need a good credit score to qualify for low-interest rate payday loans, you can save thousands of dollars if you opt for a payday loan instead of a credit card.

Get Offers From Multiple Lenders

Another benefit of applying for a loan through a payday loan website is getting offers from multiple lenders. This makes it easy to select the lender that suits your requirements.

Apply to Multiple Lenders at Once

When you apply for a loan through conventional payday loans, you have to fill out individual application forms, spending hours completing the applications. That’s where payday loan websites come into play. They allow you to fill out a single application form within ten minutes so you can get feedback from multiple lenders at once.

Customized Payment Methods

Whether you want to borrow $100 or $10,0000, you’ll face no issues applying for a loan through payday loan websites. You can customize your payment methods as per your requirements. This makes it easy for people who need money for different reasons.

Better Credit Score

You may find it surprising, but a payday loan can improve your credit score should you be able to make your payday loan payments consistently on time. Another way you can improve your credit score through a payday loan is by offering other credit balances.

The Best Payday Loan Websites of 2022 Conclusion

A payday loan, also called a check advance loan, is a short-term money loan. The lender extends the high-interest credit based on your earnings in this type of borrowing. You can nowadays find numerous payday loan websites that let you connect with lenders so you can borrow money. While all these payday loan websites claim to offer quick and efficient ways to borrow money, not all of them live up to their hype. If you’re looking for a top-notch online lending platform, consider one of those mentioned in this blog.

RELATED:Best Bad Credit Loans – Top Trustworthy Bad Credit Lending Companies?

Affiliate Disclosure:

The links contained in this product review may result in a small commission if you opt to purchase the product recommended at no additional cost to you. This goes towards supporting our research and editorial team. Please know we only recommend high-quality products.


Please understand that any advice or guidelines revealed here are not even remotely substitutes for sound medical or financial advice from a licensed healthcare provider or certified financial advisor. Make sure to consult with a professional physician or financial consultant before making any purchasing decision if you use medications or have concerns following the review details shared above. Individual results may vary and are not guaranteed as the statements regarding these products have not been evaluated by the Food and Drug Administration or Health Canada. The efficacy of these products has not been confirmed by FDA, or Health Canada approved research. These products are not intended to diagnose, treat, cure or prevent any disease and do not provide any kind of get-rich money scheme. Reviewer is not responsible for pricing inaccuracies. Check product sales page for final prices.

The news and editorial staff of Sound Publishing, Inc. had no role in the preparation of this post. The views and opinions expressed in this sponsored post are those of the advertiser and do not reflect those of Sound Publishing, Inc.

Sound Publishing, Inc. does not accept liability for any loss or damages caused by the use of any products, nor do we endorse any products posted in our Marketplace.