Payday Loans Online — Apply Now with Capital Pacific Loans

Lorraine Roberte

Lorraine is a freelance personal finance and digital marketing writer from South Florida who creates content for businesses and startups that are seen on social media and search engines. She has written pieces for prominent platforms such as Thrive Global, Elephant Journal, Red Tricycle, Tweak Your Biz, and more.

When life happens, and you find yourself short on cash, a payday loan might be the perfect solution. At Capital Pacific Loans, we understand that unexpected expenses can pop up anytime. That's why we offer fast and easy payday loans to help you get the cash you need ASAP.

Our application process for a small payday loan is swift and effortless, designed to help you get money now. Simply select how much you want to borrow and fill out the online application. We’ll show you the best payday loan options from credible, direct lenders you can trust. No hidden fees or confusing contracts to worry about.

Keep reading to see if a payday loan from Capital Pacific Loans is right for you.

What Is a Payday Loan?

A payday loan, or a cash advance, is a type of short-term borrowing where you can receive money quickly. You get a lump sum of money and typically pay it back with your next paycheck. Consumers often use payday loans to cover emergency expenses such as car repairs or medical bills.

Here are three key differences between payday loans and traditional installment loans to help you understand if a payday loan is a good choice for your situation.

1) Payday Loan Borrowing Limits

A payday loan might be best for those just looking for a bit of cash. In most states, the maximum borrowing amount is $500, but some places have higher or lower limits. For example, the most you can borrow in California is $300, while in Virginia, it’s $2,500.

With installment loans, you can typically borrow anywhere from a couple to several thousand dollars. If you need a larger loan, installment loans from Capital Pacific Loans may be a better option.

2) Length of a Payday Loan

Another critical difference between payday loans and other loans is the length of time you have to pay them back. Payday loans are designed to be a short-term solution to an immediate need. You usually have two to four weeks to repay them.

Installment loans are meant for longer-term borrowing needs. Depending on the lender, you may have one or several years to pay off the loan. While that can be helpful, it can tie up your cash flow for a long time.

With a payday loan, you only have to make a single payment, and then the loan is paid off. So, a payday loan may work well if you need cash quickly and can afford to pay it back within a few weeks.

3) Interest on a Payday Loan

The interest rate on payday loans is generally much higher than that of personal loans. Payday loans usually only have a small fee of $10 to $30 for every $100 taken out, which equals an annual percentage rate (APR) of about 261% to 782% for a 14-day loan.

In contrast, your APR on a personal loan may be in the 5% to 21% range. But note that because payday loans have shorter repayment terms, you could pay less in interest overall when you repay your payday loan as scheduled. Some states also cap payday interest rates at much lower levels than usual, such as 36%.

How Does a Payday Loan Work?

When you need fast cash, you don’t need a complicated process. That’s why Capital Pacific Loans keeps things simple. All you need to do is:

1. Fill out our online application

   You’ll We’ll need a few key pieces of information like your:

   • Driver’s license or state-ID number
   • Basic personal information
   • Credit status
   • Deposit account details
   • Information about your income and employment.

   Make sure to verify all the information provided is accurate before submitting.

2. Submit your request and wait for approval

   Submitting a request is free and doesn’t affect your credit score. We’ll review your information as fast as possible and find your best lender and loan terms. If you're approved, you’ll get a loan agreement to e-sign.

3. Apply for the loan

   Your payday loan contract contains all the details about your loan. If you agree to its terms, e-sign the contract and get it back to us.

4. Receive your funds

   Your money gets deposited in your checking account in as little as a few hours or the next business day at most.

Can I Have a Payday Loan with Bad Credit?

Yes, we offer bad credit loans to people with all credit histories. Because payday loans are designed as a short-term solution, lenders are typically more willing to approve them for people with less-than-perfect credit.

Instead of focusing solely on your credit score, Capital Pacific Loans checks your employment status, income, and how much money you’re trying to borrow. So, don't hesitate to apply today if you have bad credit.

Can I Have a Payday Loan with No Credit Check?

At Capital Pacific Loans, we think everyone deserves a chance to start fresh. That’s why we work with lenders that don’t do a hard credit check or make decisions based solely on your credit history. This makes it possible to get a payday loan without a credit check.

Where Can I Find Payday Loans Near Me?

Capital Pacific Loans is proud to offer our services in almost every U.S. state. We should have no trouble finding the best, quickest, and most affordable loan offer for you.

Please note that payday loan state regulations vary. This means payday loans are illegal in some states, including Arizona, New York, Maryland, and Vermont. If you live in one of those states, we won't be able to help you as we only work in regulated markets and with legitimate lenders.

Click on the state name to learn more about regulations in some places we operate.

Is Capital Pacific Loans the Best Payday Loan Site?

We might be biased, but we certainly think Capital Pacific Loans is the best payday loan website. Here are some reasons we stand out from the competition:

• As an online loan search engine, we work with a vast network of lenders offering payday loans.
• We offer quick and easy approvals, so you get fast cash.
• We won’t charge you a cent for submitting an application.
• We only work with regulated, transparent lenders, so you won't have to worry about getting taken advantage of by a fly-by-night company. All our lenders have passed our strict screening process and meet all Online Lenders Alliance (OLA) standards.
• We offer other types of loans to help you meet your needs, including title loans and installment loans.

Watch this video to learn more about us:

Is Capital Pacific Loans a Direct Lender?

No, when you apply for a loan through Capital Pacific Loans, you're not working directly with us. Instead, we’re a loan search engine working through a network of lenders to find the best payday loan for you.

We review your application and send it along to a lender that can meet your needs. Then, you work directly with that lender to finalize your paperwork and complete the loan.

Do I Qualify for a Payday Loan with Capital Pacific Loans?

We try to help as many people as possible get the cash they need through payday loans. However, there are a few things you'll need to qualify for a loan:

• An active bank, credit union, or prepaid card account in your name
• A government-issued photo ID proving you’re at least 18 years of age
• A stable income, as verified through bank statements or employer pay stubs
• A Social Security Number
• A valid phone number and email address

If you have the above items, you should have no problem getting approved for a payday loan with Capital Pacific Loans, even if you have bad credit.

How Soon Can I Get Money from a Payday Loan?

Capital Pacific Loans lenders are quick to approve. Typically, you can get your money the same or the next business day, depending on when you apply.

Either way, payday loans let you get money fast. Fill out an application from Capital Pacific Loans today, and let us help you get the cash you need fast!