Frequently Asked Questions about Direct Personal Loans

Here are the answers to the most commonly asked questions about direct personal loans.

What are direct personal loans?

Direct personal loans are the same thing as payday loans, paycheck advances, and cash advances. They are short-term loans for small amounts of money that help you make ends meet until your next paycheck. Direct personal loans are ideal for emergency expenses that arise between paydays, like medical expenses, forgotten bills, or car repairs.

How can I sign up for direct personal loans?

You can request direct personal loans on our website by clicking "start now" wherever you see it. This will take you to our short, secure form. We will ask you for some basic bank account, contact, and employment information. Our sign up form is completely free, and we will let you know if you are matched within moments after you submit your information.

How large are your direct personal loans?

The amount of your direct personal loan will depend mainly on your income. However, most of our lenders give loans as large as $1500.

When do I have to repay the loan?

Most direct personal loans usually come due on your next payday, for your convenience. Your loan's due date will be specified in the agreement you sign.

How much do direct personal loans cost?

The cost of your personal loan will depend on your lender. Please contact your lender with questions regarding cost.

What happens if I can't repay the loan?

Direct personal loans' lenders offer some flexibility with repayment options. On the loan's due date, you basically have three choices. First, you can pay the amount of the loan plus the finance charge (in other words, pay the loan in full). Alternatively, you could pay the finance charge and part of the loan and roll the loan over for more time to repay. You can roll the loan over, or extend it, for an additional finance charge. Finally, you can pay just the financing fee when the loan comes due and roll the loan over. Ask your loan representative for specific details. This can vary from lender to lender.

Make sure to get fiscally fit before you start abusing direct personal loans.