Welcome. We compare the best lenders in U.S. Our goal: You getting approved for a loan in a quick way.

Regulations By State
Do They Affect My Credit Report?
Frequently Asked Questions

How much can I borrow?

Use our custom slider to see where you can borrow. Input how much you would like to borrow like $500, $1,000 or $2,000. Together with your income and credit score (optional, only if you know it), we can select a lender with good chances of approving your application.

Your state:

Loan slider

Amount - $700

Income - Show all

Credit score - Show all

How much can I borrow with my income?

How much income do I need per amount?

To qualify for a payday loan, you should have a monthly income of $1,000 or more. For a personal loan, $2,000 or more. The following outline can help you determine the amount of income you need to secure a certain amount of loan:

  • Monthly income of $500: You do not qualify for a payday loan. Payday loans can go as low as $800 / month in some cases.
  • Monthly income of $1,000: You can secure a payday loan, at least $500. Apply for a loan to see how much you can borrow.
  • Monthly income of $1,500: You should qualify for at least a $1,000 payday loan.
  • Monthly income over $2,000: You qualify for a payday loan and a personal loan. You should be able to get at least a $5,000 personal loan with a $2,000 per month income, maybe as high as $10,000.

Payday loans – $100 to $1,500

A payday loan is a short-term type of loan that is specifically meant to push you over until your paycheck, in case you bump into an emergency. You’ll access the money the same day usually, your lender will dictate that you pay your loan at the end of the month. An average payday loan is around $700. The following quick facts might be of great benefit to those seeking payday loans.

What are the general requirements for one to obtain a payday loan?

To obtain a payday loan, you must meet essential requirements. They include:

  • You must be at least 18 years of age
  • You must possess a valid bank account or debit card
  • You must prove that your monthly income is at least $1,000

What is the cost of a payday loan?

The cost can range from $10 – $30 if you are seeking $100 payday loan over 14 days.

Personal loans

Usually a loan over $2,000 with longer repayment terms, ranging from 6 month up to 6 years.

What are the general requirements for obtaining a personal loan?

For you to obtain a personal loan, you must:

  • Be at least 21 years of age
  • Be earning more than $2,000 monthly income
Grace Chen
Grace Chen - Writer & Editor
A graduate of the Haas School of Business, University of California, which is one of the top three (3) business schools in the U.S., Grace Chen has 10 years of experience in this field and have been delivering stellar business content through her written word. She’s the chief editor of Communicate Better and has written and edited thousands of content published in various online and printed media, including the NYSE-sponsored research studies and MEC Global. Connect with Grace on LinkedIn, https://www.linkedin.com/in/grace-chen-9254ab8/