Instant Loans Online

Need some quick money? Whether you’ve been hit with an unexpected expense or have fallen behind on bills, instant online loans are a convenient option. With an online lender like Advance America, you may be able to fill out an application in minutes, get an instant approval decision, and receive money on your debit card almost instantly!

Most states we operate in offer instant funding for in-store and returning online customers — but even if you’re new to online loans, same day approvals are typical. This means you may receive your loan proceeds in your bank account within one business day. Depending on what time you’re approved, you may even get money the same day you apply!

Applying for online loans with same-day or next-day funding is easy. Let’s take a closer look at what you can expect from fast online loans with instant approval.

How do instant online loans work?

Most instant-approval loans are short-term financial solutions that give you access to money fast. You can use the money to cover a bill, car repair, or any other expense. It takes just minutes to fill out an online application form for a quick online loan. Once you complete the application, the lender will decide whether you’re approved instantly.

After approval, same day loans are typically deposited directly into your bank account within one business day. If you apply for a personal loan with Advance America, online applications approved by 10:30 AM EST pay out by the end of the day. If your application is approved after 10:30 AM ET, you should receive your deposit on the morning of the next bank day. Bank days are Monday-Friday, excluding holidays.

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Can I get a same day online loan with bad credit?

You may qualify for online personal loans with instant approval even if you have a bad credit history. In fact, many lenders provide financing to borrowers regardless of their credit scores. These lenders look at other factors beyond the initial credit check, such as your current debts, employment status, and proof of income.

Advance America is one such direct lender. We look at your ability to repay, not just your credit scores. So, even if you've been turned down for a traditional loan due to a bad credit score, we may be able to help you get the financial assistance and flexible repayment terms you need.

How fast can I get an online loan?

Funding timelines vary by lending service. You may receive your money the same day you apply, within 24 hours, or in a few days. Whatever the case, you won’t have to wait long to get approval and funding for an instant online loan. Advance America operates on a same-day/next-day funding timeline. Depending on the time of day your application is approved, you should receive your money no later than the next business day.

Types of instant online loans

When you're faced with unexpected expenses, there are a few different types of loans you can get online, including:

Online payday loans

Online payday loans, or cash advances, are small-dollar, short-term loans designed to help you get by when money is tight. Because of this, online payday loans are a great option for borrowers looking to cover unexpected expenses.

Unlike any other type of loan, a cash advance loan is meant to be repaid all at once on your next pay date, which usually occurs within two to four weeks. With such short loan terms, payday loan providers offer limited loan amounts.

Online installment loans

An installment loan can be a convenient solution when you need a larger loan amount. With installment loans, you’ll receive a lump sum of money — usually deposited directly into your bank account — that you can repay in regular monthly payments (a.k.a. installments). These quick cash loans have a longer repayment period that can range from a few months to a few years, depending on the lender and loan terms.

Personal lines of credit 

A personal line of credit is a flexible type of loan that lets you withdraw funds as needed, up to your set credit limit — kind of like a credit card, although there are differences between the two. Essentially, it gives you access to quick cash whenever you need it. You can repay this online loan in scheduled payments or all at once. Best of all, you only pay interest on the amount you borrow, not the entire credit limit.

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Benefits of fast online loans

The best personal loans offer an easy online application process, fast access to funds, and flexible repayment terms. Here are just some advantages of getting a quick or instant online loan:

Online convenience

You don't have to visit a bank, credit union, or other in-person lender to apply for an instant online loan. Simply fill out an online application from your computer or mobile device. This is a great advantage for borrowers who lead busy lives or prefer to do business online.

Easy online application process

Most online instant loan applications are short and easy to fill out. Since they require minimal information and documentation, you can complete one in just a few minutes. Quick online loan applications at Advance America often take less than five minutes to complete.

Instant loan approval decision

When you submit a quick online loan application, you'll receive an instant approval decision. This helps ensure you get the money you need in less time.

Let’s say you apply for an online loan on a Friday morning. An instant approval decision can be the difference between getting your money that same day or having to wait until next week. When you have urgent expenses to cover, instant approvals are key.

Fast access to cash

Fast cash online loans are great if money is tight and you’re hit with an unexpected expense. This makes our loans ideal for medical bills, car repairs, large appliance replacements, and other emergencies. While traditional loans can take days or even weeks to approve and fund, quick online loans can give you fast access to the money you need.

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Where to get quick online loans

Same day online loans are available through a variety of personal loan and payday lenders, including Advance America. When choosing a lender, do your research and compare their rates, terms, fees, and customer benefits. Doing so will help ensure you get the best instant online loan to meet your needs.

How to get an instant online loan

If you're interested in an instant online loan, here’s what you need to do:

Choose an online lender

Many reputable lenders offer quick loans online with quick approval times. While it’s nice to have a choice in online lenders, be sure to do your research and choose a reputable lender with positive customer reviews.

In addition, you should only do business with an online lending service that has a secure application page with a lock icon and a URL beginning with “https.” This ensures your personal information is encrypted.

Fill out the online loan application

Visit the online lender’s website and complete an application form for an instant online loan. Remember, you may need to answer personal questions related to your source of income and employment status. You'll also need to indicate how much money you'd like to borrow.

Fortunately, Advance America has a streamlined application process that takes just minutes to complete.

Submit the online instant loan application

Once you’ve completed the application and read the loan agreement, review the information you entered to ensure everything is correct. When you’re ready, submit it and wait for the lender’s decision. In many cases, you’ll receive a decision instantly or within minutes.

Receive your online instant loan funds

If you're approved for an instant loan online, you’ll typically receive your money by the next business day. Most lending services deposit the funds directly into your bank account. With Advance America, you can receive your money via direct deposit or by visiting one of our locations (if you prefer same-day cash).

Which online loan is right for me?

The best instant loan online depends on your specific needs and preferences. For example, online payday loans are worth considering if you only need enough money to hold you over until your next payday. If you want to borrow a larger sum of money and take your time repaying it, an installment loan might make more sense. If you prefer flexible access to funds, consider a line of credit.

What should I know about instant online loans before applying?

When applying for any type of loan, it's important to understand the loan's terms and conditions. Read the fine print, including the loan agreement, before signing any documents or agreeing to any terms. You should also be aware of the loan payment amount and repayment schedule.

Even if you qualify for more money, you should only borrow what you need and can afford to repay. This could mean opting for a short-term loan rather than a year-long loan agreement, or vice versa. If in doubt, discuss your options with reputable lenders to determine which type of loan is best for your situation.

Also, be sure to have the required information on hand when you apply. Requirements may vary by lender and the type of loan, but you'll generally need a government-issued ID, source of income, and checking account number.

What do I need to apply for an instant loan online?

To speed up the process, be sure to have the required information on hand when you start your loan application. Requirements may vary by lender and the type of loan, but you'll generally need a government-issued ID, Social Security number, source of income, and a checking account for the funding deposit and scheduled payments.

How do I apply for a loan at Advance America?

Applying for any type of loan at Advance America is easy. Simply complete an online application with the required personal, income, and banking information, provide your e-signature, and submit the loan application. You'll typically receive an approval decision almost instantly.

If you prefer to make your loan request in-person, visit one of our convenient store locations. Either way, applying online or in-store won't impact your FICO credit score. That's great news for borrowers trying to rebuild their poor credit scores!

Get a same day online loan today

Advance America offers a variety of loan options that give you fast money with repayment options that fit your life. Best of all, you can complete a quick application for our payday loan or installment loan in just minutes! Apply now to receive your instant online loan approval decision.


Frequently Asked Questions about Advance America's Instant Online Loans

Will applying for an instant loan hurt my credit?

No, we don't use hard credit checks in our loan approval process, so applying doesn't impact your FICO credit score.

Can I apply for an instant online loan if I’m retired?

Yes, you can apply for an Advance America loan in retirement if you have a steady source of retirement income. For example, Social Security benefits and pension payments count as income.

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How do I repay my instant online loan?

We’ll set up a payment schedule based on the loan agreement for your particular type of loan. You can then log into your Advance America account to make payments, manage automatic payments, or update your payment method. You can also make a cash payment at one of our store locations.

What can I use my instant online loan for?

Our online instant loans give you access to funds for unexpected expenses or financial emergencies. For example, you might use a payday advance to avoid late fees on a utility bill or credit card payment. Installment loan proceeds might go toward an emergency medical expense or car repair. Your financial situation is unique, so use the money for whatever you need.

Are online loans safe?

Online loans from legitimate lenders are safe. When shopping around for any personal loan, make sure the lender’s website URL begins with “https://” and that it has a lock icon in the address bar to ensure the site is encrypted. You should also research the lender’s reputation before providing your personal information.

What is the smallest instant online loan you can get?

Minimum loan amounts vary by state and loan type. Depending on where you live, you might be able to borrow a $100 cash advance. If you open a line of credit, your first withdrawal might be as little as $50.

What is the largest instant online loan you can get?

Maximum loan amounts also vary by state and loan type. When applying for a loan, we use your personal information to determine a loan amount that works for you.

Are instant online loans available in my state?

Advance America offers loans online in various states.

The Advance America advantage

Since 1997, Advance America has helped millions of hardworking people with a variety of financial solutions including Payday Loans, Online Loans, Installment Loans, Title Loans and Personal Lines of Credit.
157+ million
loans issued
800+ stores
and online loans
25+ years
providing loans