Once your application has been approved, your money will be either deposited into your checking account that same day or electronically deposited the following business day. Your due date for repayment is based on your payday. When you come due, you can either pay off the balance of the loan in full or any amount equal to or greater than your minimum payment.
All payments are submitted online and are automatically withdrawn from your bank account on your due date; all you need to do is choose the amount you would like to pay. There is never a need for you to ever leave the privacy of your home or office.
How much can I borrow?
For your first cash advance, you can receive from $200 up to a maximum of $1000. Loans in larger amounts are available for returning customers – those in good standing with Nationalpayday may borrow as much as $1,500.
The fee for a cash advance is a percentage of the amount borrowed. The fee is equal to 30% of the borrowed sum.
Do you offer any special deals?
Yes! We regularly offer deals for reduced fees and free advances, both to our returning and new customers. Check your email, because when we offer a special deal, we will let you know!
Most of our payday loans are approved within 24 business hours, but how long it takes to get your cash advance depends on how you would like to receive the money. If you’ve opted for direct bank deposit, also known as ACH, it will take one business day for the money to appear in your checking account. If you apply prior to the 7:30 PM EST processing deadline, funds could be available to you tomorrow!
If our Same Day Cash program is running and you’ve selected same day site there cash and have completed the application process before A.M. EST, you could have the money same day!
What time will I see the money in my account?
The time of day that you’ll see your money has more to do with your bank than with our bank transfer. Some banks will post deposit immediately, while wait until 8:00 PM (their local time) to show the transaction in your account. You should check with your bank about their policy for such transfers, and their posting schedule for incoming ACH.
Can you tell me more about same day cash?
If you apply before the A.M. EST and get approved; we can deposit your money that same day as long as our Same Day Cash program is running! If you submit your application after that time, don’t worry; you can still get your funds the following business day.
Our hours of operation are Monday through Friday, 9:00 A.M. to A.M. (EST) and weekends from 9:00 A.M. to 6:00 P.M. EST. We are closed for all Federal holidays. Our website is open and accepting applications 24-hours a day, every day of the year. We will notify you via email or phone call with your application status.
What do I need to get a payday loan?
- Be at least 18 years of age or older
- Have an open and active checking account
- Income verification: we’ll need to verify that you have an income.
How long is the loan for?
This is a cash advance on your next paycheck, which means that your due date is based on your next payday (up to 16 days away). So, if you get paid twice a month, you will be due on your very next payday. If that date is less than 5 days away, we will use your following payday, for up to 16 days total for your loan maturity.
How long should I have the loan for?
A payday loan is a short-term loan designed to help you in times of financial emergency. All payday loans, cash advances, and paycheck advances should be paid back quickly, and not extended for any longer than absolutely necessary. The best practice is to repay the loan in full as quickly as possible.
Do you have a cancellation policy?
Yes, we have a cancellation policy. If we have approved your payday loan application, you must let us know in writing that you wish you cancel the transaction. Please send an email to before 5:00 P.M. EST on the business day Nationalpayday deposited funds in your bank account.
Upon receipt of your cancellation request, we will immediately process a debit to retrieve the loan amount that we deposited into your account. If you do not let us know of your wishes to cancel within this time frame, you will be financially responsible for the cash advance.
If you want to change the bank account information we have on file, you just need to call or email to Remember, if you need the information to be updated before your next payment, please make sure this information is sent in to us before your payment request deadline.
Am I only able to pay through ACH?
Paying your cash advance via ACH is certainly the easiest, most efficient, and least expensive method. However, should the need for an alternate payment method arises, we will be happy to discuss that with you.
How much will be withdrawn from my bank account on my due date?
As shown on your contract, you are required to submit a payment request by your payment request deadline. We allow customers to make full, partial, and minimum payments. If you do not submit a payment request, we will process only the minimum payment on your behalf a maximum of five times consecutively. On the sixth time, if you still have not submitted a payment request, we will deduct your balance in full.
For example, if you borrow $100, your total amount due will be $130. If you submit a payment request, we will deduct only that amount. If you do not, we will deduct $30 and your resulting balance due will once again be $130. It is always in your best interest to pay as much as possible.
If you want to make a minimum or partial payment, the 30% fee will be added to whatever balance is left over. Your minimum payment will always be equal to the 30% cash advance fee.