Get a Payday Loan for 3 Months

Compare interest rates, loan amounts and credit terms of various lenders before applying for a 3 Month Payday Loan.

Loan Application Form

I have a vehicle

By submitting my information, I acknowledge I have read, understand, and agree to the terms of the Privacy Policy and the Terms of Use,I understand that by submitting my information, I may be contacted by telephone by one lender.

Applying doesn't affect your credit score!

How can you benefit from a 3 Month Payday Loan

Surely you have repeatedly faced financial difficulties that needed to be covered before paycheck. Most often, expenses happen to us when we least expect it and we do not have the funds to cover them. Of course, in this case, many people consider a Payday Loan as a source of funding since it does not have many requirements and is easy enough to obtain. However, is this really a good option?

As you know, Payday Loan is a short-term financing option that should be used only in an emergency. You must repay the loan within 30 days (on the day of your next paycheck), which can be difficult for most borrowers. This is why many of them are looking for a loan with longer repayment terms.

APPLY NOW

What is a 3 Month Payday Loan?

A 3 Months Payday Loan is a short-term type of financing that enables borrowers with bad or poor credit to obtain a loan in order to cope with their emergency difficulties. This can be anything: car repair, emergency purchase, urgent medical treatment, utility bills and more. Also, the loan is unsecured, so you do not need to provide your property as a collateral in order to receive financing.

The main advantage of this type of loan is that you do not have to repay the debt on the day of your next paycheck. As the name suggests, you must repay the 3 Month Payday Loan within three months. Thus, you do not have to worry about short payout terms and late payment penalties.

What is the difference between a Traditional Payday Loan and a 3 Month Payday Loan?

As mentioned, the Traditional Payday Loan is a short-term, unsecured loan that must be repaid on the day of your next paycheck. Such loans are not provided by banks or credit unions, so in order to obtain a loan you must contact an online lender. Also note that Payday Loans are not legal in some states, so you should pay attention to the restrictions before applying.

3 Months Payday Loans are practically the same as traditional ones. Their main difference is the repayment terms. Since many borrowers cannot repay a loan from one salary, it became necessary to create a new loan product that would cover the needs of clients. Thus, the borrowers have 3 months to cover the debt which is mostly enough for them. However, as with traditional Payday Loans, 3 Month Payday Loans are not available in all states. Moreover, many states have laws that limit the period of time during which a loan must be repaid.

What are the risks associated with a 3 Month Payday Loans?

Although 3 Month Payday Loans have longer repayment terms than traditional Payday Loans, they still have certain risks. For some borrowers, 3 months is still a short period of time to pay off the loan debt on time. It is also worth paying attention to the fact that any Payday Loan has very high fees and interest rates. Thus, many of them face late payment penalties and end up in debt traps. That is why it is recommended to take a 3 Month Payday Loan only in case of an emergency.

What to look for when choosing a 3 Month Payday Loan?

Of course, before applying, it is worthwhile to study the loan offers of various lenders and choose the one that is the most profitable for you. Below you can explore several factors to look out for when choosing a 3 Month Payday Loan:

Fees and interest rates. Despite the fact that almost all Payday Loans have fairly high interest rates, you can still find a lender with the best deal. Pay attention to other fees and charges in order to avoid additional costs.
Loan amount. Focus on your needs and apply for exactly the amount you need in order to repay it on time. Typically, payday lenders offer between $ 100 and $ 1000.
Lending terms. Also pay attention to lending conditions, which may be more or less favorable. Also, search if the lender offers an online application, as it is currently the fastest and most convenient way of getting financing.

How to get a 3 Month Payday Loan?

Payday Loan is one of the simplest types of financing that does not require a credit check, a large list of eligibility criteria, and so on, so it is quite easy to get it. 3 Month Payday Loans are practically the same as traditional Payday Loans, so learn the three main steps to follow to get funding:

Application. Most lenders offer an online application that does not take more than 5 minutes to complete. Visit the site of the selected lender and fill out a simple form with information about yourself such as name, address, income, and more. After you make sure that all the data is entered correctly, send the application.
Approval. After you have submitted your application, you need to wait for approval. However, the advantage of this loan offer is that applications are approved almost instantly, so you are guaranteed to receive a response the same day you submitted it. You don't even have to go through a traditional credit check!
Financing. If approved, the lender will contact you to discuss the terms of the loan and its repayment. You should carefully study a loan agreement before signing it. If you are satisfied with the loan offer, sign the contract. The money will be transferred to your bank account within one business day.

Material disclosure

APR Disclosure. Some states have laws limiting the Annual Percentage Rate (APR) that a lender can charge you. APRs for cash advance loans range from 200% and 1386%, APRs for installment loans range from 6.63% to 225%, and APRs for personal loans range from 4.99% to 450% and vary by lender. Loans from a state that has no limiting laws or loans from a bank not governed by state laws may have an even higher APR. The APR is the rate at which your loan accrues interest and is based upon the amount, cost and term of your loan, repayment amounts and timing of payments. Lenders are legally required to show you the APR and other terms of your loan before you execute a loan agreement. APR rates are subject to change.

Here's a quick example:

You borrow $1,000 with an APR of 3% over 3 years (assuming an annual APR calculation).
Year 1 interest: 1,000 x 0.03 = 30 and 30 + 1,000 = 1,030
Year 2 interest: 1,030 x 0.03 = 30.9 and 30.9 + 1,030 = 1061
Year 3 interest: 1,061 x 0.03 = 31.83 and 31.83 + 1,061 = 1,092.83 In total, you'll pay back $1,092.83 at the end of the finance period.

For peace of mind, and to ensure you know what you're going to pay, ask your lender exactly what fees are included in the APR figure they offer you.

Material Disclosure. The operator of this website is not a lender, loan broker or agent for any lender or loan broker. We are an advertising referral service to qualified participating lenders that may be able to provide amounts between $100 and $1,000 for cash advance loans, up to $5,000 for installment loans, and up to $35,000 for personal loans. Not all lenders can provide these amounts and there is no guarantee that you will be accepted by an independent, participating lender. This service does not constitute an offer or solicitation for loan products which are prohibited by any state law. This is not a solicitation for a particular loan and is not an offer to lend. We do not endorse or charge you for any service or product. Any compensation received is paid by participating lenders and only for advertising services provided. This service and offer are void where prohibited. We do not control and are not responsible for the actions of any lender. We do not have access to the full terms of your loan, including APR. For details, questions or concerns regarding your loan please contact your lender directly. Only your lender can provide you with information about your specific loan terms, their current rates and charges, renewal, payments and the implications for non-payment or skipped payments. The registration information submitted by you on this website will be shared with one or more participating lenders. You are under no obligation to use our service to initiate contact with a lender, register for credit or any loan product, or accept a loan from a participating lender. Cash transfer times and repayment terms vary between lenders. Repayment terms may be regulated by state and local laws. Some faxing may be required. Be sure to review our FAQs for additional information on issues such as credit and late payment implications. These disclosures are provided to you for information purposes only and should not be considered legal advice. Use of this service is subject to this site’s Terms of Use and Privacy Policy.

Exclusions. Residents of some states may not be eligible for some or all short-term, small-dollar loans. Residents of Arkansas, New York, New Hampshire, Vermont and West Virginia are not eligible to use this website or service. The states serviced by this website may change from time to time, without notice.

Credit Implications. The operator of this website does not make any credit decisions. Independent, participating lenders that you might be connected with may perform credit checks with credit reporting bureaus or obtain consumer reports, typically through alternative providers to determine credit worthiness, credit standing and/or credit capacity. By submitting your information, you agree to allow participating lenders to verify your information and check your credit. Loans provided by independent, participating lenders in our network are designed to provide cash to you to be repaid within a short amount of time. The short-term loans are not a solution for long-term debt and credit difficulties. Only borrow an amount that can be repaid on the date of your next pay period. Consider seeking professional advice regarding your financial needs, risks and alternatives to short-term loans. Late Payments of loans may result in additional fees or collection activities, or both. Each lender has their own terms and conditions, please review their policies for further information. Nonpayment of credit could result in collection activities. Each lender has their own terms and conditions, please review their policies for further information. Every lender has its own renewal policy, which may differ from lender to lender. Please review your lender’s renewal policy.