Best Online Payday Loans For Bad Credit: Top 5 Payday Lenders For Instant Cash Advance In 2022

With the current situation, the world has found itself in, it is no surprise the great amount of everyday financial struggles people meet. The extent of popularity online payday loans have gained does not strike as odd since the global pandemic has hit and the terrifying rising prices.

Living from paycheck to paycheck, and struggling to make ends meet, is a common situation for households worldwide. However, with today's endless opportunities for Online payday loans, you can put your mind at ease and grab these opportunities easily.

Whether you are in an emergency or just need a little bit of a financial push in your everyday life, these types of loans are the way to go. Not only can they be your savior in a crisis, but they also are easily understandable and accessible, so you can relax and seize the opportunity.

Because online lending platforms are getting popular by the day, and many new lenders emerge in the industry, we have set ourselves the challenge of finding the best of the best.

So, in this guide, you will come across the top five undisputed and trustworthy lenders on the market. Therefore, let’s discover more about the best loan companies without any further ado!

List Of Online Payday Lenders Offering Same Day Cash Loans

  1. MoneyMutual - Best Payday Loans Online Providing Instant Payment, Editor’s Pick
  2. BadCreditLoans - Avail Online Loans For Bad Credit With Guaranteed Loan Approval
  3. RadCred - Popular Payday Loan Lenders For Online Cash Advance
  4. CashUSA - Recommended Payday Lender For Instant Cash Advance Online
  5. PersonalLoans - Trusted Platform Module Offering Low Interest Personal Loans

#1. MoneyMutual - Best Payday Loans Online Providing Instant Payment, Editor’s Pick

As the first brand in this exciting industry, we present MoneyMutual. What this company does is quite aspiring, interesting, and helpful to all looking for quick access to money. To set the record straight, MoneyMutual is not a lender but an online platform connecting borrowers with qualified, potential lenders.

Although this company does not participate in the lending process, it builds the connection between the two involved sides. So, with MoneyMutual, you can be sure to have access to a potential lender in less than no time.

This platform has proven to be a trusted and secure one by two million customers and counting. Not only has MoneyMutual set on the challenge to provide the best services in the short-term loans industry, but it also is a part of the OLA (Online Lenders Alliance).

This platform allows you to access an extended marketplace of lenders, where you can satisfy your needs like travel, holiday, weddings, medical bills, car repairs, emergency expenses, unexpected expenses, and so on.

MoneyMutual first emerged in the short-term loan industry in 2010 and is situated in Las Vegas, NV. This brand offers extraordinary customer support and service, striving to assist people’s everyday financial challenges.


Through this online portal, MoneyMutual, you can achieve quick and easy access to payday loans. These loans are highly demanded nowadays since they are pretty convenient and effortless. Instant payday loans are typically paid back through a source of income, like a paycheck, or even pension and Social Security benefits.

The process of applying is highly understandable and non-confusing; all you have to do is fill out the form with the required personal information and leave the rest to MoneyMutual. Once you do this, MoneyMutual links your form with trusted and qualified lenders.

If a lender determines you qualify for the loan, you can get a deal in a few minutes. From this point on, MoneyMutual no longer interferes in the matter. However, if you agree to the loan terms offered by the lender, the money can be deposited in your account in less than 24 hours.

The lenders associated with MoneyMutual require the following primary conditions to apply for a payday loan: a valid checking account, 18 years or older, US resident, proof of regular income, and income of at least $800 per month.

MoneyMutual guarantees speed, security, and privacy through every step of this process, and all that is free of charge.


  • The platform provides services free of charge
  • The easy and quick applying process
  • Trussed and highly renowned brand
  • Guaranteed privacy and security
  • Connections with top-notch lenders
  • Long-term experience


  • The services are available e to US citizens only
  • MoneyMutual is just a go-between

#2. BadCreditLoans - Avail Online Loans For Bad Credit With Guaranteed Loan Approval

As a second online platform in the market of short-term loans, we present BadCreditLoans. This platform was created to help people complete their financial needs and have an easy and quick reach to highly experienced and qualified lenders.

This means that BadCreditLoans is only a mediator, not a lender. However, the brand provides access to an extended lenders network that will happily present a solution for your financial struggles, whatever they may be.

BadCreditLoans provides you the opportunity to apply for a loan from $500 to up to $10,000, whatever how low your credit scores may be. After all, it is pretty self-explanatory, judging by the platform's name.

The brand offers the service of building your connection with the lenders for free while preserving and protecting your personal information at the highest ranks. Because the brand genuinely cares for the customers' well-being, it provides various interesting information on topics concerning loans to help customers be more educated and informed on the matter.

In the news section on the official brand’s website, you will find these articles, which include tips on when to take out a loan, how to spend the funds responsibly, and how to budget your future income to pay off the loan quickly and many more.


BadCreditLoans can offer links to lenders that can provide mortgage loans, student loans, auto or home loans, and business or personal loans. So, with this online platform, you can get a payday loan and be sure that you are in good hands.

The application process is easily understandable and won’t take up much of your time. All you have to do is fill out the brand’s online convenient form, ease your mind and let BadCreditLoans do its job.

Once you complete this process, the brand provides the necessary contact information to the lenders while protecting your sensitive information. You can expect a loan offer in just a few minutes if you meet the requirements.


  • 24/7 privacy, security, and service
  • It is free of charge
  • There is a competitive APR
  • No collateral required
  • Data-encrypted site
  • Available loan amounts between $500 and $10,000
  • Fast and convenient forms to apply
  • Easily meetable eligibility requirements
  • Informative articles in the news section


  • A bad credit rating can result in lower loan amounts and credit difficulties
  • It is only available to US citizens

#3. RadCred - Popular Payday Loan Lenders For Online Cash Advance

As the next leading company in this lending industry, we are thrilled to present RadCred. This company grants you access to one of the most praised online lending platforms, highly secured and most effective. Given the amazing experience RadCred has enjoyed since 2011, it is no surprise the high reputation and the number of customers that trust and use its services.

If you ever find yourself in a financial pickle, we highly encourage you to try out RadCred’s services, which will join you with some of the most genuine and trustworthy lenders. This company is part of the Online Lending Alliance and is one that offers utmost safety to the customers.

Undoubtedly, RadCred is one of the few in this industry that offers a high level of expertise without cost. Not only that, extraordinary 24/7 customer service as well. So, do not hesitate to express your concerns or questions to the RadCred support team. They will happily provide the solution you need as quickly as possible.

With this long-term experienced and highly praised online platform, we leave you to experience smooth, effortless, quick, and easy access to money when life throws you a curveball.


With no further adieu, here is how the lending process with RadCred goes. First, you have to complete a five-minute form on this online platform, and from this point further, RadCred looks for the best lending partner to fit your financial needs.

Then, once RadCred links you with a lender, it is safe to say its job is done. Further, you will discuss all the matters with your lenders, such as the terms of the loan, repayment process, requirements, fees, penalties, and so on.

It is up to your choice if you decide to agree and accept the loan offer you may be offered. Further on, if you choose to accept, with just that five-minute form, you can now access as little as $1,000 to up to $35,000 in just 24 hours in your account.


  • Extraordinary 24/7 customer service
  • Services without charge
  • Rapid money transfer
  • The platform has an easy application process
  • Quick response from lenders
  • Genuine and trustworthy
  • No credit check
  • Positive customer feedback
  • Competitive interest rates on short-term loans
  • Access to loans for many purposes


  • Larger loan amounts result in higher APRs

#4. CashUSA - Recommended Lender For Instant Cash Advance Online

As the next mediator in the short-term lending industry, we are happy to present CashUSA. This online platform is, in one way, pretty similar to others of this kind; on the other hand, it differs in quality and security.

Unlike many other online lending platforms on the market, CashUSA stands out for bringing forth utmost security and protection of the customers' personal information and strives to connect them with the most trusted lenders.

CashUSA's lenders can provide rapid access to finances, without restrictions or other requirements, rather than the basic ones in the industry. Not only does CashUSA provide these kinds of connections, but it also provides offers on debt relief, credit monitoring and repairs, credit reports, and similar.


CashUSA is an online lending platform that enables high-speed reach to finances through its many lending partners. With this platform, you can access from $500 to up to $10,000 in just a 24-hour frame.

We have researched this company and assure you that your personal information will remain unharmed and protected during and after the process.

The services of Cash USA are available in all 50 states, as well as to borrowers with bad credit scores or no credit history. To start the process, to get fast money in hand, what you have to do is meet the following requirements:

  1. Be a US citizen or permanent resident
  2. Be at least 18 years of age
  3. Be employed for at least 900 days and meet the minimum income requirements from the lender
  4. Provide a valid e-mail address, home, and work phone numbers
  5. Have a checking account in your name.

Once you check these requirements out, you can complete the convenient and free online form of CashUSA and wait to be offered a loan by the lenders. Then, if necessary, you may have to provide additional information on your lender's requirements. When and if you agree on the loan and the terms, you will have access to the funds within 24 hours.


  • The platform provides free services
  • Available to borrowers with bad credit score
  • Loan amounts from $500 to $10,000
  • 24-hour customer support
  • There is a wide network of lenders
  • Offers on debt relief, credit repair, monitoring, reports, etc
  • No credit checks


  • Maximum loan amount of $10,000
  • It is available only in the US
  • Additional information may be required
  • Meeting the basic requirements does not secure a loan offer
  • Lack of customer reviews

#5. PersonalLoans - Trusted Platform Module Offering Low Interest Personal Loans

As the last indirect lender, but certainly not least, we present PersonalLoans. This online lending platform was created in 2001, making it one of the most experienced in the short-term lending industry.

PersonalLoans have received positive customer feedback over the years on the market and helped hundreds of customers in their financial struggles. This digital marketplace offers you payday loans, personal loans, installment loans, and bank loans, even for borrowers with lousy credit scores.

PersonalLoans offer you the chance to be linked to an extensive network of lenders willing to offer from $500 to $35,000, which is truly amazing and extremely helpful for those in need of fast money for an emergency.


PersonalLoans grant you the chance of easy and rapid access to funds by just filling out a continent online form and meeting some basic requirements such as:

  1. You must be 18 or older
  2. You must be a US citizen or permanent resident
  3. Have an appropriate income and an active bank account.

The personal information you would have to provide in the form is:

  1. Loan amount and purpose
  2. Name and date of birth
  3. Esteemed credit score
  4. Military service status
  5. Home address, email, phone number
  6. Whether you own or rent the home
  7. Gross monthly income and employment information
  8. State ID or driver's license
  9. Social Security Number.

After you meet these conditions, provide the necessary information, and apply for the loan, PersonalLoans will connect you with the most suitable lender to meet your financial needs.

Furthermore, you will discuss the loan terms and details with the lender and choose whether to accept the offer. After you choose to accept the loan offer, you will get access to the funds in the time frame of one business day.


  • Loan amounts from $500 to $35,000

  • Services free of cost

  • The platform provides 24 hours customer service

  • The quick loan request process

  • Easy application process

  • Rapid access to money

  • Other services available such as debt relief, card monitoring, repair, and so on

  • There are flexible loans

  • Perfect for short-term loans

  • No minimum credit score required


  • May require the additional personal information

  • Usually makes small loans

  • Customer reviews are not available on the website

Factors to Consider When Looking for Payday Loan Online Lenders

APR and interest rate

These two factors are key when choosing between accepting a loan offer or not. You must understand precisely what these terms mean and how they are incorporated into the loan. The interest rate is usually determined by other factors like repayment method, loan amount, and similar.

So, all you have to do is choose a platform that offers loans with the most appropriate interest rate, according to your circumstances, and make sure you choose the shortest repayment method.

Then, for the Annual Percentage Rate, you must ensure you get it as low as possible since it settles maintenance, commencement, or any other fees the lender may demand. Make an informed and well-thought-out decision when it comes to these matters.

Credit score

This factor is critical for the borrower because lenders often choose to provide loans to those with solid scores and good credit, as opposed to those with lousy ones.

However, our guide presented platforms that may connect you with lenders that offer you loans even if you have a bad credit score.

FAQs On PayDay Loan Online:

Q1. Which form of income should I use on my form if I have a job and receive benefits?

Depending on the lender, they may accept pension, disability, social security, or other benefits as a qualifying income.

So, this varies from lender to lender; they may require other conditions, including $800 income a month, to get a loan offer. However, if you have further doubts about this matter, always consult your lender.

Q2. Can I specify the length of the loan?

This matter is always dealt with in the terms and conditions of the loan. Because each lender is different, the length of the loan can carry.

The lender determines the repayment dates, and you have the right to decide whether you agree with them. However, you have to stick with your choice once the length of the loan is determined.

Q3. What happens if I am late on a payment, don’t pay back the loan, or default the loan?

When making a deal with your lender, you must be entirely sure of your ability to repay the cash advances loans within the agreed time frame. You must understand the terms and consequences you may meet if you are late on your payment or don’t pay it back.

Concluding About The List Of Online Payday Lenders Offering Loans For Bad Credit

Well, we have come to the very end of this article. With this guide, we hope to help you choose the right online lending platform to trust for online payday loans for bad credit.

We have introduced you to the best of the best in the lending industry, and we highly encourage you to give these companies the chance to be of assistance in your financial journey.

You always have the choice to accept a payday loan or not with the lenders of the online platforms on our list, so make sure you do right by yourself.

Not only working with the online platforms from our list is easy, convenient, and quick, but it is also free of charge. So, you are getting easy access to fast money, quality service, top-notch security, and protection of privacy through the whole lending process.

We know that searching for a trustworthy and genuine online lending platform can be confusing, overwhelming, and even frustrating, so we hope to be of assistance if you are in financial trouble.

We could not recommend these lending platforms enough, so when you need fast money, follow our guide, and you’ll know where to turn. You will not regret putting your trust and time in whichever online platform from our list.

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