5 Best Instant Loans – Online Installment Loans Instant Approval For Payday With Direct Lenders Bad Credit & No Credit Check

  • Thursday, June 23, 2022 11:38am
  • Blog

For the average American struggling to make ends meet, instant loans have been a saving grace. Instant loans are now easier to apply for and get approved for than ever before. In the old days, getting access to instant loans wasn’t a “thing.” In fact, it was unheard of. Instead, you would have to carefully consider your finances and then spend a considerable amount of time trying to convince the bank manager to give you the money. Nowadays, things are different. You can search for instant payday loans online guaranteed approval and come up with hundreds of lenders ready to assist. Of course, applying for loans with each lender would be tedious and may even be detrimental of your credit history is consistently checked during the verification processes.

Best Online Instant Funding Installment Loans 2022 – Quick overview

Loan finder websites help everyday people just like you get access to instant funding installment loans online with minimal fuss and effort – and of course, without hurting your credit score. This article presents 5 of the best loan finders (editor’s pick) to use when looking for the best instant loans.

Instant Loans General Eligibility Criteria

You’re eligible to apply for instant loans with most lenders if you are:

  • 18 years old or older

  • In possession of a valid driver’s license

  • Earn at least $1,000 per month

  • Have proof of residence in the US

  • Have a valid bank account

Best Instant Funding Installment Loans – Full Reviews

It’s important to note that lenders have different instant loans on offer with different terms and conditions, too. This means that you need to shop around to find the best instant loans options for you. Below is a brief review on the five best loan finder websites that help borrowers find the best loans for them, regardless of if they have bad credit, no credit history, or a perfect credit score. With these loan finders, you only apply once for a loan and get access to multiple lenders who may be able to assist you.

  1. Viva Payday Loans – Best For 60-Minute Disbursement



  • 1-hour disbursement

  • Bad credit borrowers welcome

  • Deal directly with the lender


  • Higher interest rates than the local bank

For loans of between $100 and $5,000, Viva Payday Loans is a viable loan finder. Here you can select the loan amount you need and choose between 2 and up to 24 months to pay. Interest rates on offer for fast loans via the Vivapaydayloans.com website range from 5.99% to 35.99%. You may get lucky and find that some lenders offering online installment loans instant approval try to remain competitive and so offer a reduced interest rate.

The lenders that Viva Payday Loans link borrowers with place importance on loan affordability. You will need to provide evidence of your earnings by submitting 3 month’s bank statements and 3 months’ pay slips. You will also be required to provide a detailed list of your monthly expenses before lenders will consider you for their instant payday loans online guaranteed approval. The application process with Viva Payday Loans is quite quick, so make sure that you have all your supporting documentation when you make your initial instant loans application.

Click here to request funds at Viva Payday Loans >

  1. Heart Paydays – Best For Fast Online Application



  • Quick and easy online application

  • Choose loans between $100 and $5,000

  • Loan approval/denial within 2 minutes


  • No guarantees you’ll be approved

Heart Paydays has a habit of helping request instant loans (not literally) that Americans love – it must be in the name! The loan finder service they provide is absolutely free – and most effective too. The system quickly matches borrowers with lenders most likely to approve their application for online installment loans instant approval.

Of course, all the lenders on the Heart Paydays panel have their own packages and terms, but in general, loans on offer range from $100 to $5,000 with 2 to 24 months to pay. Interest rates on instant loans are pretty standard across the board, ranging from 5.99% to 35.99%. As you will deal directly with the lender after being match for free, it is sometimes possible to negotiate a lower interest rate. Of course, your financial situation will play a role in the interest charged on instant loans you get. When applying for a loan with Heart Paydays, you need to be at least 18 years old, have proof of address, earn a minimum of $1,000 per month, and have a bank account that supports direct deposit.

Click here to request funds Heart Paydays >

  1. Credit Clock – Best For Fast Application Processing



  • Simple online application

  • 2-minute approval process

  • Get the cash same day


  • High interest rates apply

Tick tock, right? Often it feels like time is running out when you need cash in a hurry. You can flail from pillar to post and find the expenses still looming. But not when you use Credit Clock to find the right instant funding installment loans for you. What’s great about Credit Clock is that every application is swiftly processed. The application form online takes a few moments to fill out and then it’s just 2 more minutes to get approval. You will need to have your supporting documents on hand, if you don’t want to hold up the process. Only applicants who are 18 years old, permanent US residents, have a valid bank account, and earn at least $1,000 per month are accepted for quick loans applications. Like most other loan finders, the instant loans available through Credit Clock range from $100 to $5,000 with interest of 5.99% to 35.99%.

Click here to request funds at Credit Clock >

  1. Money Lender Squad – Best For Flexible Repayment Options



  • Loans that are easy to repay

  • 60-minute payout

  • Low FICO scores welcome


  • Expensive form of borrowing

For those who need quick cash in a hurry, Money Lender Squad provides a great loan finding service. Instant loans are made easy to shortlist by simply filling in one application form on the Money Lender Squad website. You will need to provide your personal particulars such as your full name and ID, address, employment details, bank account details and a list of your income vs. expenses so that lenders can determine if you can genuinely afford the loan. Supporting documentation required on hand when applying for online installment loans instant approval include a copy of your ID, proof of address (you can use a utility bill), copies of your pay slips and copies of your bank statements. Money Lender Squad loan options range from $100 to $5,000 with 2 to 24 months to pay and with 5.99% to 35.99% interest attached.

Click here to request funds at Money Lender Squad >

  1. Very Merry Loans – Best For Loan Cost Options



  • Small loans up to $2,000

  • No loan finder fees

  • Reasonable repayment terms


  • Limited loan options

Not every American has a fantastic FICO score, and you know what, that’s okay. Life happens to the best of us, and if you’ve had a rocky financial past, there’s no reason why you have to suffer forever. That’s why instant loans such as those available through Very Merry Loans exist. They’re small instant loans that are quick and easy to pay back. The benefits of this are two-fold; first, you can rebuild your credit score by repaying your loan quickly, and second, the loan is genuinely easy to repay. You must be 18 years old to take out instant loans with Very Merry Loans. If you are, you can choose a loan between $100 and $2,000 and can repay it over 2 to 12 months. Interest rates are pretty standard, from 5.99% to 35.99% and when it comes to additional fees, rest assured that using Very Merry Loans to find the best instant loans deals is absolutely free. The online application process is pretty quick with Very Merry Loans, so it’s good to have your supporting documents ready when you apply. Your ID, proof of address, bank statements, pay slips, and bank details should be kept handy.

Click here to request funds at Very Merry Loans >

Instant Loans Features and Factors To Consider


You won’t be approved for any instant loans if your income to debt ratio is unhealthy. That means that you must be able to easily afford the expected loan repayments each month in order to be eligible. Lenders will verify this by asking for a list of your monthly expenses and then taking a look at your bank statements and pay slips.

Credit Checks

In the US, lenders are required to follow certain regulations, which means that a credit check is required when applying for a loan. However, if you have a poor FICO score but your financial situation has since changed, you may still be able to get access to online installment loans instant approval.


Always read through your instant loans agreements before signing them. Some lenders will charge you a penalty for settling your loan account early. Most will also charge you if you don’t pay your monthly installments on time.

How We Chose The 5 Best Instant Loans

The internet provides easy access to many types of instant cash loans. However, sifting through the plethora of information may mean you miss out on cash loans offered with better rates and the correct repayment terms suited to your budget. Therefore, we researched the top 5 instant loans offering instant funding installment loans. Below is an overview of the criteria used to tabulate our list of the best loan finders.

  • Fast response time on matching service

  • Simple loan packages and terms

  • Access to multiple lenders simultaneously

  • Interest rates of 5.99% to 35.99%

  • Lenders that link lenders to borrowers, no middle man

  • Reputable and ethical lending practices

Advantages of Instant Loans

Access To Fast Cash

If you need cash in a hurry to pay for unexpected medical bills or repairs, the last thing you need to add to your frustrations is a long loan application process. Applying for loans via traditional high street banks can be time-consuming and leave you waiting for your cash due to their lengthy decision processes. As a result, fast cash loans available on loan matching sites are a more popular option for borrowers in need of funds in a hurry. Lenders are matched with borrowers that meet the loan criteria, and if approved, the loan the funds are paid. Loan payments typically occur on the same day as approval and, in most cases, in as little as 60 minutes.

Instant Loans For Bad Credit

Loan matching sites for instant cash loans, such as Money Lender Squad, Credit Clock, Very Merry Loans and Viva Payday Loans, welcome applications from borrowers with bad credit. While we don’t process credit checks as part of our service, lenders may require one during the application process. However, most lenders will approve loans for borrowers with poor credit if they have the funds to repay the loan and their finances are in good shape. To do this, lenders will conduct an affordability check. This involves checking your expenses against your income by comparing your bank account to your payslips. If the lender decides you can afford the loan, the funds are paid into your bank account the same day as the loan approval.

Fast Approval Process

Unlike applying for a loan via the bank, where the approval process can take days, applying for instant payday loans online will get you an answer within minutes, depending on whether you meet the qualifying criteria for a loan. Automated online processing systems used by lenders found on loan matching sites make this part of the process extremely fast and convenient. Borrowers simply input their personal details and loan requirements, push the send button and receive their answer almost instantly. In fact, many lenders via loan finder sites ensure the customer gets feedback within two minutes.

Online Convenience

Applying for a fast cash loan via traditional avenues like the bank usually equates to long queues and face-to-face appointments, which can be inconvenient. Unfortunately, busy lifestyles, work commitments and the daily rush of family life mean that few borrowers have the time to visit the bank. This is what makes using online loan matching services so much more convenient. Furthermore, the online application process is user-friendly and takes a few minutes to complete. When using a loan matching service, the entire process is managed online, from application to receiving your money. In addition,on approval of the loan, funds are paid quickly on the same day or in under 60-minutes! Busy applicants appreciate this convenience when applying for instant loans.

Click here to request funds at Viva Payday Loans >

Top Alternatives to Instant Cash Loans

Credit Unions

If you belong to a credit union, you may be able to access instant payday loans by applying for low-cost credit union loans. How does it work? Credit unions are non-profit money cooperatives. Credit union members pool their savings and then use them to assist members in obtaining low-interest credit. As a result, members receive dividends in the form of fees and low-interest credit. However, we don’t all belong to credit unions, so perhaps some of the other alternatives listed below may be useful?

Peer To Peer Lending

Peer to peer or P2P lending is where funds are loaned to people or businesses via online services that match the lender and borrower. Instead of applying for loans from a financial institution, borrowers can access loans from individuals. Compared to traditional lenders like banks, P2P lending is less restrictive in terms of qualifying criteria.

Secured Loans

Secured loans require collateral to secure the loan. This provides the lender with security should the loan not be repaid. Types of collateral could include a vehicle, property or expensive equipment. When using a loan matching site to apply for a secured loan, you should discuss collateral options with the lender directly. They will advise what types of collateral they will accept to secure against the loan. Lenders calculate a percentage of the collateral value to determine the loan amount. Therefore, it’s unlikely that you will get the full cash value of the collateral provided. If the thought of losing your home or car isn’t one you want to consider, perhaps an unsecured instant cash loan is a better option?


If you have bad credit but need an instant cash loan, the pawnshop may be a good solution. Fast cash loans are easily obtained at a pawnshop, no matter what your credit history looks like. Instead of credit histories, checks or applications, the pawnshop simply requires that you have the necessary collateral to secure against the loan.

Valuable items, such as jewellery, expensive equipment, car, and other cash value items, can be used as security against the loan. Once the funds have been repaid, the collateral is returned to you. However, if you cannot repay the loan, it is sold to defray costs. Cash loans offered by pawnshops range from 20%-50% of the collateral value. Obtaining a cash loan from a pawnshop may not be possible if you don’t have collateral to offer. In this instance, instant payday loans may be a better option.

Bank Loans

Bank loans are not instant funding installment loans. Borrowers will need to meet the bank’s strict loan criteria, have a good credit score, and pass the affordability assessment before a loan will be considered. In addition, the loan application and decision process can be complex and time-consuming. One advantage of bank loans is that interest rates are typically lower than instant payday loans online. In addition, if you have a good FICO score, you may be able to apply for a larger loan amount with the bank than with a payday loan.

The process for applying for a bank loan works as follows: Borrower requests a loan, bank carries out credit checks and verifies the information provided on the application. The bank then decides the loan amount and interest they can offer. If the borrower accepts the offer, they will receive the funds and repay the loan amount according to the agreed repayment schedule.

Click here to request funds at Viva Payday Loans >

Tips For When Looking For Instant Loans

Searching for the best instant loans can be pretty challenging. Wading through the swathes of information can leave you wondering which loan is best for your unique circumstances and needs. Moreover, how can you tell which loan companies are reliable? Below are some valuable tips to help you get to grips with finding the right lender for you.

Use Comparison Sites

Loan comparison sites are a particularly useful and time-saving tool for borrowers searching for fast loans. These sites collect information on instant loans available online and help borrowers compare them side by side. Using a loan comparison site means all the information is easily comparable, in one place and at your online fingertips! Borrowers can quickly see how each loan compares to the next by comparing the loan amount, interest rate, repayment period and lender reliability. These sites save you from trawling through masses of information. As a result, you can select the right loan for you based on criteria such as lower interest rates and flexible repayment terms.

Use Loan-Finder Site

Loan finder sites such as Viva Payday Loans, Very Merry Loans, Credit Clock and Money Lender Squad can place borrowers in direct contact with reputable lenders on the market. These loan matching sites offer a free service to borrowers searching for instant cash loans. Borrowers using loan finder sites simply input their information, select their requirements, and the automated process provides the borrower with possible loan options. From there, borrowers can choose the cash loan that’s right for them. While these loan matching sites don’t carry out credit checks, the lenders who provide the loan may require one during the application process.

Check Interest Rates

Interest rates are an integral part of the loan application process. This is the amount you will repay over and above the loan amount. The higher the interest rate, the more expensive the loan is in the long run. Those with poor FICO scores are generally offered higher interest rates, which can make instant loans very expensive. In comparison, those with good credit scores typically get offered lower interest rates. Most lenders providing instant payday loans online offer borrowers interest rates between 5.99% and 35.99%. However, because many lenders want to remain competitive, you may be able to negotiate a lower rate if the lender is happy to reduce their interest rate.

Understand The Repayments

In the rush to gain approval for an instant cash loan, it’s pretty easy to overlook the repayment period. Agreeing to unrealistic repayment periods can cause you to struggle financially and repay the loan. The lenders on loan finder sites typically offer repayment periods of 2-12-month or 2-24-month repayment options. It’s best to discuss your financial situation with the lender before accepting the loan to ensure a suitable repayment period and schedule is applied to the loan.

Repaying your loan early may seem like an excellent financial decision as it gets you out of debt faster. However, some lenders have rules regarding early repayment, which may end up costing you more than you thought. Remember to discuss early repayment options with the lender in case you anticipate repaying the loan faster and want to avoid penalty fees.

Click here to request funds at Viva Payday Loans >

Must Knows to Avoid When Getting Instant Funding Installment Loans

Loans are financial responsibilities that arent easily discarded, even if they are short-term loans. Late payments, high-interest rates and a complex loan agreement are the ingredients for a poor instant cash loan experience. Therefore before applying for instant loans, there are several factors you should consider.

Pay On Time – Aways

Late payments are unacceptable when it comes to loans. In most cases, they will attract penalty fees and other restrictions depending on the terms of your loan agreement. Of course, finances have a way of fluctuating, and at times there’s more month at the end of the money than you anticipated. This may leave you struggling to make your loan repayments. If this happens, you should contact your instant loan provider to advise them of the situation.

In some cases, they can move the direct debit date or offer advice depending on their late or missed payment rules. Late or missed payments can equate to heavy penalty fees, making the loan very expensive. In addition, repaying your loan early can also mean you have to pay penalty fees for early repayment. Therefore, it’s best to understand your instant loans repayment terms and familiarize yourself with the lender’s penalty fees.

Negotiate Interest Rates

Some US lenders providing instant cash loans will apply the highest interest rate. However, as the borrower, keep in mind that most lenders want to remain competitive to attract business. As a result, you may be able to negotiate a lower interest rate. Loan finder sites will help you determine lenders offering the lowest interest rates. From the information provided, you can create your own shortlist of lenders to contact and discuss their interest rates. Lenders via the loan matching sites mentioned in this guide offer interest rates ranging between 5.99% and 35.99%.

Get Comfortable With Your Loan Agreement and Terms

After you have been approved for a loan, the loan agreement will be sent to you for review and signing. At this point, you should read further than the first page! Although loan agreements can be rather boring, they are filled with necessary information regarding your loan. Your loan agreement will detail everything about your loan, from the loan amount to the interest payable and repayment terms. It will also detail things like penalty fees for missed or late payments, the rules around early repayment and other helpful information required to manage your loan repayments effectively. Before you sign the loan, check that you understand all the terms and conditions. If you are unsure of anything, contact the lender to discuss and clarify before agreeing to the loan.


Bridging the gap in your finances or between paydays so that you can afford expenses is made easy with instant loans online. The average American will find themselves in a financial pickle or a tough month at least once in their lives, and it’s good to know that a financial helping hand is only a few clicks away. Take the time to consider the loan finder sites above to assist you with finding the bad credit instant loans that best suit your budget.

Click here to request funds at Viva Payday Loans >


Is It Possible To Borrow Cash Instantly?

Providers of instant cash loans typically process the application instantly and then pay out the loan amount within one hour (or sometimes up to 24 hours).

Do I Need Collateral For An Instant Cash Loan?

Instant cash loans are usually unsecured. This means that you don’t need to put up any form of collateral or have a co-signatory when you apply for the loan. It also means that your interest rate is higher than if you had a co-signatory or some form of collateral.

What If I Don’t Have Credit History? Can I Still Get Instant Loans Online?

Yes, some lenders will be willing to work with individuals who don’t yet have a credit history. All you need to do is apply using one of the loan finder sites, and they will match you with lenders most likely to approve your loan.

Disclaimer: The loan websites reviewed are loan-matching services, not direct lenders, therefore, do not have direct involvement in the acceptance of your loan request. Requesting a loan with the websites does not guarantee any acceptance of a loan. The loan-matching websites may be paid a fee by their partners for the referral of your loan request. This article does not provide financial advice. Please seek help from a financial advisor if you need financial assistance. Loans available to U.S residents only.

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.

More in Blog

$50 Loan Instant App – Request $50 Loans With No Credit Check

You know that sinking feeling you get when you realize that payday… Continue reading

Top 5 Best Payday Loans No Credit Check Online Instant Approval 2022

This guide offers pertinent information on each of the best payday loans… Continue reading

Ashwagandha Health Benefits (Backed By Research)

Western medicine, in general, owes much to the ancient healing systems of… Continue reading

Top Supplement Recommendations That Work for College Students

Although virtually everyone can benefit from vitamin and nutrient supplementation, this is… Continue reading

10 Best Payday Loans for Bad Credit: Get Same Day Cash Advance

Online bad credit payday loans could come in handy when you require… Continue reading

Best Payday Loans Online 2022: Top 5 Online Payday Loans Options For Bad Credit

With our global economy in the state it is nowadays, more Americans… Continue reading

Do Delta 8 Gummies Get You High? Discover The Facts

Do you wish to know the effects of delta 8 on your… Continue reading

Top 5 Best Installment Loans Online for Bad Credit & No Credit Check 2022

Thanks to the ever-rising cost of living, installment loans can be life-saving… Continue reading

CBD for TMJ: Is CBD Safe and Effective for TMJ Pain?

If you suffer from a temporomandibular joint (TMJ) disorder, you know just… Continue reading

Top 5 ASC Medical Billing Companies for 2023

ASC medical billing companies are becoming more important these days, especially with… Continue reading