Is It A Myth That You Can Get Fast Cash Loans In Under An Hour?
Obtaining fast cash loans in under an hour often seems more of a myth than a reality. Why? Because in many cases, getting a personal loan can take up to a week to determine if an applicant is approved. Seeing the money deposited into your bank account can take even longer.
This begs whether fast cash loans in under an hour are a myth. Anyone experiencing pressing financial emergencies can find comfort in knowing it is not a myth. Keep reading to discover how you can complete the process of getting personal loans in under an hour.
Loans In Under An Hour: What Options Are There?
When getting a personal loan, there are plenty of loan options. However, when looking for a personal loan with a fast approval time and immediate access to funds, options are much more limited but available nonetheless. Below are three personal loans that take under an hour to apply for and get approved.
Need a lump sum of cash that you can pay back with fixed monthly payments? A personal installment loan can help. This loan provides applicants access to money that would be paid back over either a short or long period depending on the amount borrowed and the terms and conditions that applicants and providers agree on.
Having a fast application and approval process isn't the only perk either. A fixed monthly payment means you can better manage your finances. Fixed monthly payments are significantly easier to add to your budget without worrying about fluctuating monthly prices catching you by surprise.
Payday loans are another option that can be applied for and approved in under an hour. This short-term loan is meant to provide you with cash between paychecks. This can be helpful when the funds needed would be available come your next paycheck; however, your financial situation requires access to money ASAP. It is often referred to as a payday advancement.
This option gives borrowers a temporary financial bridge to tackle a financial emergency by borrowing against their paycheck.
Another option for types of loans that you can get in under an hour is a title loan. Title loans are short-term loans that use your lien-free automobile title as collateral to secure funds. For this type of loan, it is required that you own a vehicle outright to be able to apply. To apply, applicants will need to:
- Have Full Ownership- Not everyone who bought a vehicle has full ownership. Unfortunately, this requirement makes it an option for those who own their vehicle in full with not outstanding loans or liens against it. Almost one-third of the U.S. population has an automobile loan used to purchase a vehicle. As an individual pays off an automobile loan, the lender retains rights to the vehicle should you default on their payments.
To use an automobile to secure a title loan, the applicant must have a claim to the vehicle. As such, the vehicle title must reflect the car is lien-free.
- Lender Limitations- Not every vehicle title can be used to secure a loan. For instance, some lenders may not accept R.V. titles or motorcycle titles.
Where To Get A Loan In Under An Hour
Nevada Title and Payday Loans, Inc. can help you get fast cash loans like the ones mentioned above. The combination of knowledgeable staff and quick and easy steps allows the application process to be completed in under an hour. At times it can even take as little as 30 minutes! Customers can select from any of the three options:
- A payday loan that can provide up to $500- Must have a valid I.D., a recent paystub, and a blank check from an active checking account in the applicant's name.
- An installment loan that can provide up to $1,500- Must have valid I.D., proof of income, and a checking account statement in the applicant's name.
- A title loan that can provide up to $15,000- Must have valid I.D., a lien-free vehicle title, and the vehicle itself.
By offering all three types of personal loans, customers can apply for whichever loan best meets their emergency needs.
Fill Out Our Online Form Today!
Getting loans in under an hour is no myth. You can even get approved for a loan in a half hour with Nevada Title and Payday Loans, Inc. as soon as today! Doing so is easy! Take the first step and submit an online form now.
Once we receive your inquiry form, our representative will contact you to discuss the three options mentioned above. Complete our online inquiry form to discover how to get an emergency loan in under an hour today!
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.