Getting a Loan – How it Works

How Same Day Loans is your ideal partner for finding the quick online loan you need today!

We have created a system that matches you with some of USA’s most reliable lenders. Our online application only takes a few minutes to complete. After analyzing your financial situation, our lenders will provide you with a custom list of loan offers. However, you should meet the minimum lending requirements:

  • You are 18 years of age.
  • You are a U.S. citizen.
  • You demonstrate proof of a stable monthly income.
  • You possess an active checking or savings account.

Apply for a loan with us, to get your money already tomorrow, by following three simple steps:

  • Fill in an easy online application form.
  • Review and sign your papers online.
  • Get your money in maximum short terms.

Many of our lenders do not take into consideration your credit score, so do not worry if having bad credit. Once you have been approved, these lenders will then provide you with loan offers, which may vary in amount, period of repayment or Annual Percentage Rate.

When receiving your loan offer, analyze it carefully. If you believe that the chosen offer meets your needs, you can e-sign the loan documents and submit them to the lender. Afterward, you’re free to expect the money into your bank account within one business day.

Rates and Fees

Being one of the leading loan matching services in the U.S., is pleased to offer its services free of charge. We do not charge our customers for filling in an online application on our website or for finding a lender who will approve you for a loan.

Several fees charged by lenders might apply for any loan. Our lenders charge an Annual Percentage Rate (APR) to any loan. This APR is the interest rate at which you will be charged until the principal is paid back.

We provide short term and long term loans.

  • Short term loans (payday loans) are unsecured, which means that no collateral is used to secure the money, and might be issued with a high APR.
  • Long term (personal loans) and installment loans usually, carry a lower APR, and are lend on a longer term.

You might run into additional fees applied to a loan. To avoid such unexpected situations, read attentively the papers offered by the lender. In accordance with the law, your lender is required to indicate all applicable fees and rates in the loan agreement.

Loan Repayment

Not paying the full amount of principal and interest may end up in extra fees and collecting activities. It is important to carefully review the late payment policy in the loan terms provided by your lender before accepting to the loan terms. is not a direct lender, so we are not able to afford a loan renewal, and you will need to contact your lender directly to ask for a renewal of your loan. Additionally, we do not enforce repayments.