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If your bills are mounting up and you're finding yourself short of cash, a paycheck loan, also known as a payday loan or cash advance, might be the answer for you. Spotya! can have a
paycheck loan deposited direct to your bank account tomorrow—and we'll just collect the money you owe us on your next payday.
A paycheck loan from Spotya! is a short-term loan that requires no credit check, no collateral, just proof of your direct deposited paycheck and a little information on an online paycheck loan application.
With an online cash advance from Spotya!, there is no waiting in long lines as you would in a bricks and mortar store. All you have to do is to fill out our simple and quick online paycheck loan application —just a few easy steps are all that's required.
Paycheck Loan Application
Depending on the time of day that we receive your application, you can get approved and have your paycheck loan in the bank by the next business day. We'll ask you for some personal and banking information. If you applied by 3:00 p.m. Pacific Time, you can be approved the same day and we'll deposit your money into your bank account tomorrow. There is no credit checkwith an online paycheck loan from Spotya! Cash. We are your premiere paycheck loan resource to help you meet your short-term cash needs.
A lender who offers paycheck loans is required to disclose all fees charged to the borrower up front. Spotya! complies with all federal and state requirements for paycheck loans and we don't hide our fees. We advise our customers to pay off their paycheck loan as quickly as possible to avoid extra fees.
A History of A Paycheck Loan
New consumer finance laws in various states opened the doors to the paycheck loan business. In California, for example, a bill was passed in 1996 that enabled consumers to secure small, emergency loans with minimal red tape. Legislators recognized that people needed quick, no-hassle loans to take care of emergency situations. Typical consumer finance companies weren't interested in originating such non-secured loans, and thus, the paycheck loan industry was created.
Paycheck loans are temporary
Paycheck loans are meant to be a short-term solution to an immediate cash problem The payday lender provides a much-needed service for people who have no relationship with a bank and are outcast from the financial mainstream because their income is low or their credit history is poor or nonexistent. A payday loan can actually help to protect your credit history when funds are short. Lenders like Spotya! provide a necessary service to those in need, and operate fully within the limits of the law.