5 best quick loans and fast cash loans online for bad credit & payday in 2022

Fast loans are life savers when you’re in a financial pickle. Millions of Americans have made use of fast cash loans at one time or another. So, whether you’re strapped for cash because you’ve just forked out hundreds for a home repair, or maybe bought an expensive birthday present, or covered an emergency expense, fast online loans will get you a cash advance to live comfortably until your next payday. Here are the top five fast loan providers and what makes them a viable choice.

Best fast loans 2022 – Quick overview

  • Viva Payday Loans Best fast payday loans overall for quick disbursement
  • Heart Paydays Best for quick loans for bad credit
  • Credit Clock – Best for quick loans online & easy loans approval
  • Money Lender Squad – Best for fast online application
  • Very Merry Loans – Best for small loans that are paid out on the same day

General eligibility criteria for fast loans

If you want to benefit from fast loans online, you must meet the following criteria:

  • 18 years old minimum
  • Permanent US address
  • Earn at least $800 per month
  • Not be over-indebted
  • Have a bank account

5 best fast payday loans

If you’re in the market for fast loans online, here’s a brief overview of everything you need to know about the top online fast cash loan providers in the US.

1. Viva Payday Loans – Best fast payday loans overall for quick disbursement

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  • Disbursement within 60 minutes of approval
  • Get up to $5,000
  • Repayments over 2 to 24 months


  • Not available in some states

Viva Payday Loans is one of the best, fast and quick loans providing access to lenders that gets the job done. There is no waiting around when using Viva Payday Loans. Once a loan is approved by a lender, the cash is credited to your bank account as fast as possible. It’s not unusual for borrowers to get the money in their bank account within one hour, subject to lender approval. While interest rates can be high, some lenders reduce their rates to remain competitive. For this reason, interest can range from 5.99% to 35.99% for fast payday loans online. To be a successful applicant, you must be 18 years or older, have a permanent residence in the US, hold a permanent job and earn sufficient income to cover the cost of the loan installments along with your other monthly expenses.

Click here to request funds at Viva Payday Loans >

2. Heart Paydays – Best for quick loans for bad credit

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  • Affordable monthly repayments
  • Low FICO scores welcome to apply
  • Application feedback guaranteed in 2 minutes


  • Approval times can take longer than 1 business day in some cases

Heart Paydays does not discriminate against borrowers, even those without bad credit history or those who are specifically looking for fast loans for bad credit. When using this loan finder service, you will have the advantage of being connected with lenders who are most likely to assist you, even if your credit score is low. Of course, there are affordability checks in place to ensure that borrowers can afford the loans they are applying for. Fast loans via the Heart Paydays portal come with APRs of 5.99% to 35.99% and range in size from $100 to $5,000. If you earn at least $1,000 per month, have a permanent residence in the US, and are at least 18 years old, you can apply today.

Click here to request funds at Heart Paydays >

3. Credit Clock – Best for quick loans online & easy loans approval

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  • 100% easy loan finder service
  • Super-fast online application
  • Fast disbursement


  • Interest rates can be as high as 35.99%

Credit Clock puts borrowers in touch with lenders that offer affordable, fast loans in the US. As a reputable loan finder, Credit Clock presents borrowers searching for fast payday loans with viable loan packages ranging from $100 to $5,000 with 2 to 24 months to pay. If you earn $1,000 per month, have a valid form of ID, are at least 18 years old, and are a permanent resident of the US, you’re eligible for fast payday loans online through Credit Clock!

4. Money Lender Squad – Best for fast online application

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  • Online application takes minutes
  • Get up to $5,000 in your account today
  • Panel of lenders to choose from


  • Not all applications are approved

Money Lender Squad is an excellent alternative if you’re tired of the red tape often associated with traditional bank loans. This loan finder site helps borrowers select the best fast loans online by applying just once. The online system is geared towards ultimate simplicity. All you have to do is input how much you want to borrow and the intended repayment period. Then, provide your details (name, ID, address, employment details, bank account, and a list of your monthly expenses), and the best options for fast cash loans will be presented to you within minutes.

5. Very Merry Loans – Best for small loans that are paid out on the same day

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  • Easy loan terms
  • 2-minute online application
  • Get cash out on the same day


  • Small loans of up to $2,000 only

If you’re not looking for quick loans for bad credit, the fast loans available through Very Merry Loans are ideal. These loan packages are kept purposefully small to ensure easy repayment so that you won’t find any fast payday loans online of more than $2,000 here. APRs are in the range of 5.99% and 35.99%. Best of all, lenders that Very Merry Loans will connect you with have a habit of paying out loans on the same day they are approved.

What are fast payday loans?

Fast payday loans are often quick loans for bad credit borrowers or people who do not have the time to wait for the bank’s lengthy processes to get the cash they need. These loans work on a basic loan model. The borrower requests funds and indicates the repayment period that would work best for them. The lender offering instant or fast cash loans will present an offer, detailing the interest amount (typically between 5.99% and 35.99% depending on the state) and the terms of the loan. If the borrower accepts the terms, the loan contract must be signed and the lender will, usually on the same day, transfer the funds into the borrower’s bank account.


Can I Get An Instant Loan In 5 Minutes

If you’re looking for the best quick loans same day in the USA, you might want to give a try to the options mentioned above. All of these loan matching services have application processes that take just two minutes. If your loan is approved by a lender, payments usually happen on the same day.

Can I Get A Fast Loan With A Credit Score Of 550?

Credit scores of 550 are significantly below the average credit score. If your financial situation has changed and you are now able to afford your monthly expenses plus a loan installment, you may still be a viable candidate for fast payday loans.

Can You Get A Loan With No Payment History?

If you don’t have a credit history to speak of, you are still eligible to get fast cash loans online. While a credit check will be done, it won’t be the sole deciding factor in the outcome of your loan.

Disclaimer – The above content is non-editorial, and Economic Times hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content. The loan websites reviewed are loan-matching services, not direct lenders, therefore, do not have direct involvement in the acceptance of your loan request. Requesting a loan with the websites does not guarantee any acceptance of a loan.
This article does not provide financial advice. Please seek help from a financial advisor if you need financial assistance. Loans available to U.S residents only.

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