Best Payday Loans Online: Top 5 Online Lenders Offering Same Day Installment Loans With No Credit Check In 2022

Ever since the global COVID-19 pandemic, people have struggled financially to get online payday loans, battling paycheck to paycheck. Today the situation is even worse, with prices rising sky-high that the entire world economy is suffering unprecedented inflation.

Because of these difficult financial times, lending platforms and lenders have become increasingly more popular to battle this situation and help people resolve their financial problems. They provide all kinds of short-term loans, but the type of loan we wish to discuss in thor article is short-term payday loans.

Short-term payday loans have always been present on the financial market, but obtaining them online is entirely different. They are much more convenient than traditional payday loans, with many more benefits.

With that in mind, we will give you the best money lending platforms that provide online payday loans. Therefore, without any further ado, let’s discover more about the best providers for payday loans and how they got the spot on our list.

5 Best Online Payday Loans Platforms Of 2022

  1. MoneyMutual - Best Payday Loans Online Overall, Editor’s Pick
  2. BadCreditLoans - Obtain Quick Payday Loans With a Bad Credit Score
  3. RadCred - Direct Lenders Offering Competitive Interest Rates for Payday Loans
  4. CashUSA - Reliable Loan Services To Get Instant Payday Loans
  5. Personal Loans - Top Personal Loans Offering Personalized Payday Loans

#1. MoneyMutual - Best Payday Loans Online Overall, Editor’s Pick

MoneyMutual is one of the best free money lending platforms you can find online today. It is an intermediary between borrowers and lenders, connecting them virtually quickly and efficiently.

Since its founding, the platform has provided all kinds of loans, including payday loans, to people across America. The team behind it understood the need of Americans in financial emergencies and how four out of ten of them could not come up with $400 in times of need.


A fast and easy online application process

Filling out the application form and applying for a loan with MoneyMutual is very easy and fast. The platform has made it so to make it easy for clients to obtain funds without any waste of time whatsoever quickly.

The entire application process is done online, and the platform only requires the essential eligibility criteria from clients. After the client fills and submits the application, it is swiftly sent to many lenders according to some of the platform's criteria algorithms.

These algorithms are specially made to target only the lenders that have the highest chance of approving a loan to the client that applies.

Once the lenders receive the client's application, the response times are quick, and the client is soon sent offers if they are eligible. Every part of the process is done completely online, with no need for the client to visit an office of either the platform or the lender.


  • One of the most credited and reliable money lending platforms
  • A huge network of over 100 lenders and lending companies
  • Offers loan deals ranging from $200 to $5,000
  • Quick online application
  • Fast lender responses and very reasonable offers
  • Highly secured and encrypted website and service
  • Excellent customer support via phone or email
  • A member of the Online Lenders Alliance (OLA)


  • It is not available outside of the US
  • It is not available in all states

Visit the Official Website of MoneyMutual

#2. BadCreditLoans - Obtain Quick Payday Loans With a Bad Credit Score

If someone would ask what the best online payday loans service for borrowing money is, if you have a bad credit score, then the answer would probably be the BadCreditLoans platform. This platform has intentionally been established to target bad credit score individuals and aid them in securing short-term loans quickly and easily.

The BadCreditLoans platform does not provide direct lending services but acts as a connecting medium for borrowers and lenders, much like MoneyMutual. It has millions of clients all over America and thousands of positive reviews on accredited review websites online.


A platform dedicated to clients with bad credit scores

One of two things that stand out about this platform is that it’s dedicated to helping clients that struggle with bad credit scores, as its name suggests.

The platform recognized the need of clients with bad credit scores and their difficulty obtaining short-term loans. A bad credit score is often a decisive factor with many lenders because it shows the client's capabilities to repay the loan successfully. In other words, it provides insight into how financially responsible the client is.

Not to say that all bad credit score clients are financially irresponsible individuals; far from it. Some have never even obtained a loan.

So, to help them as well, this platform offers connections to lenders with reasonable interest rates that don’t put all their focus on analyzing the client's credit score but also consider other factors.


  • An excellent platform dedicated to bad credit score clients
  • An easy loan application process
  • Acquire a payday loan starting at $500
  • 100% free of charge platform and service
  • Provides access to third-party non-lender lender networks
  • Private and secure platform with an industry-grade encryption
  • Excellent 24/7 client support team
  • The platform values the client’s time


  • Payday loan amounts are a bit high, starting at $500
  • Only citizens of the U.S. and permanent residents are eligible to apply

Visit the Official Website of BadCreditLoans

#3. RadCred - Direct Lenders Offering Competitive Interest Rates for Payday Loans

We decided to place RadCred third on our list of money lending platforms because we felt it deserved that place considering its reputation and how it services its clients.

Although the platform lacks certain features, like an informative section on its website, that doesn’t mean that clients are less satisfied with its delivery. Below we will look at some of its strongest traits and characteristics.


Competitive interest rates for payday loans

A great feature of the RadCred platform is that the lenders within its network all provide very reasonable and competitive interest rates, even for payday loan types. This feature is probably one of the reasons why we decided to include RadCred on our list of money lending platforms.

Going through many client reviews, we could determine that the lenders collaborating with this platform provide interest rates that are perfectly fitted to payday loans. We discovered that they range between 5.99% and 35.99% of the original payday loan sum.

Considering that some lenders offer loans with interest percentages up to 59.99%, we can surely say that RadCred’s lenders are among the best ones for this parameter.

So, if you are already considering RadCred as your next payday loan platform, you wouldn’t have to worry about receiving loan offers with too high-interest rates.


  • An excellent platform that offers payday loans starting from $250
  • The platform's services are free
  • The entire application process is done online and is safely encrypted
  • RadCred is a member of the Online Lenders Alliance (OLA)
  • It connects borrowers to lenders that provide instant loan payouts
  • Competitive interest rates for payday loans
  • The application only has a few basic steps
  • The encryption level of the application is of industry-grade standards


  • The website lacks a good educational section
  • The platform does not lend money directly to applicants

Visit the Official Website of RadCred

#4. CashUSA - Reliable Loan Services To Get Instant Payday Loans

If you want to obtain a loan through one of America’s most trusted online lending platforms, then the name CashUSA should be the first that comes to mind. Choosing CashUSA means that you decide on a secure and fast way to obtain a payday loan that you can use for any purpose, regardless of your financial needs.

Besides offering you a quick way to obtain a payday loan, CashUSA will also educate you in lending, preparing you to face any unexpected financial difficulties that may arise, which is why this platform is among the most trusted by clients in America.


Multipurpose loans

An excellent feature of CashUSA is that its lenders provide loans without asking what its specific purpose is. You can even obtain a payday loan through this platform, and none of the lenders will ask you for information about the intent behind obtaining it.

Providing such flexibility means using this platform to obtain finances for whatever reason you require them. You can use them to repay an old debt, fix any suddenly broken car parts, resolve a rent issue or even pay for an emergency medical bill.

If it so happens that some of the lenders in CashUSA’s network ask you to provide information concerning the use of the loan's finances, don’t worry because that is strictly part of their procedure. All the money is transferred directly to your bank account; once there, you can use it however you see fit.


  • CashUSA is one of the oldest money lending platforms in America
  • The platform probably provides the best source for finance and loan education that you can’t find with any other
  • Provides access to lenders that offer multipurpose loans
  • Collaborates with both state and tribal lenders
  • High chances of obtaining a payday loan with reasonable interest rates
  • A very secure and reliable platform that uses a 2048-bit encryption system
  • The platform has an excellent client support team
  • The loan application only requires the most basic criteria


  • Each lender might provide different interest rate percentages
  • No information on whether or not the platform is a member of the OLA

Visit the Official Website of CashUSA

#5. Personal Loans - Top Personal Loans Offering Personalized Payday Loans

The last place on our list goes to the Personal Loans money lending platform. One of the things that made us decide to add this platform to our list was that it is strongly committed to helping clients successfully secure a loan.

We saw this commitment in the attempt to connect them not only with lenders within its network but also with other loan providers and associations.

The platform is so successful in mediating the relations between clients and lenders that it has received a lot of positive acclaim from many Americans that continue to use its services to this day.


A well-designed and visually pleasing website

The excellently designed website of the Personal Loans platform is one of its strongest traits. Using a visually pleasing and well-structured website is the platform’s way of attracting clients, especially those new to money lending.

The website of this platform has all the information structured in an orderly way, so clients who are in a rush to obtain a loan can do it right from the start. Others who wish to explore and learn more about the platform can do so by easily navigating the site. The platform is very transparent, providing every bit of information about its work as a money lending platform.

The platform is oriented toward personal loans, which also include payday loan types, and every single step to obtaining one is beautifully explained on its website. The website’s application process is also encrypted, keeping all of its users' data and personal information private and secure.


  • An excellent network of lenders that provide up to $35,000 in loans
  • Many types of loans are accessible, including payday loans
  • A platform that provides personalized payday loans
  • No upfront cost or hidden fees for using the Personal Loans platform
  • Review several lenders' offers easily and conveniently
  • With so many lenders, the interest rates are very reasonable and competitive
  • Also collaborates with non-lender lending platforms outside of its network
  • Request a loan knowing that all your personal information will be kept safe


  • Some lenders have origination fees ranging up to 5%
  • It is not available in all states of America

Visit the Official Website of Personal Loans

Payday Loans FAQs

Q1. Can I request a payday loan if I have a bad credit score?

Yes, payday loans are also suited for people struggling with a bad credit score, so if you are one of them, you can apply for one. The only thing to remember is that payday loans usually come with very high-interest rates because of their short-term nature.

Because of that and your low credit score value, the interest rates you might get with the loan deal might be a bit too high and worth reconsidering.

Q2. How will the interest rates be calculated on a payday loan?

As we have already mentioned, the client's credit score is one factor by which the lender calculates the interest rates on the loan. But, besides the credit score, the lender might also look at how high the client's income is and whether or not their employment is stable.

Payday loan interest rates are mainly calculated according to the client's income and credit score. Since they are the shortest loans in terms of repayment, their interest rates can sometimes be extremely high and unfair.

Conclusion: Payday Loans Online No Credit Check Instant Approval

Overall, this is the very end of this article. We hope we were able to bring as much information about the benefits of payday loans, as well as how convenient it is for clients to apply and secure online payday loans in these modern times.

Obtaining a payday loan online has never been easier, but only if you choose the right loan platform to help you do it. With so many fraudulent services roaming around on the web, no one can know for you which are trustworthy and which aren’t.

But, the money lending services we reviewed in this article are a great place to start if you wish for a safe and secure way to secure any type of loan, including a payday loan.

With reasonable interest rates, quick response times, and a very convenient and user-friendly customer service team, these platforms will provide you with an excellent experience that instills nothing but trust!

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