How to get a 3 month Payday Loan

Are you interested in a 3 month payday loan?

 3 top reasons why more and more people apply for
3 month payday loans

It is quite simple to understand how traditional payday loans work. You take out a loan for one month and repay the debt, which includes the principal amount, interest rates and service charges when the month ends. Considering how simple it is to get the funds, it can, at times, be challenging to pay the whole amount when it is due.

This is especially if you need instant cash to pay for medical bills, car repairs or cover other expenses. If you are not able to pay back the money within one month, not only will your credit score be affected, but you may not be able to qualify for affordable loans in the future. 

This is why a high percentage of people apply for loans that they can pay within a convenient time period of 3 months. These loans are at times called flexible payday loans. Unlike the traditional payday loans, you need to pay back the loan in a period of 3 months with equal monthly installments.

Instant Payday Loans

So why are 3-month payday loans gaining popularity? Let’s find out the reasons;

You can pay the debt over a longer period of time

Since the loans are repaid in smaller monthly payments, it is much easier for you to repay the 3-month payday loan. You don’t have to worry about repaying the principal amount, together with other charges in a lump sum.

This reduces the financial stress that comes with one-time repayments while ensuring that you are able to handle the issue at hand. The loans have flexible monthly payments, which means that you will be able to repay the installments on time.

Additionally, a 3-month payday loans is offered in relatively higher amounts compared to traditional payday loans. But still, it is important to take precautions when applying for this loan. Only apply for the amount that you are comfortable to pay back.

It is quick and easy to apply for the loan

Applying for a 3-month payday loan is much easier compared to traditional payday loans. You can easily apply for the loan online at the comfort of your own home.

You don’t have to travel to a physical location to apply for a loan anymore. Online applications are more convenient. You can also find out if you are approved for the loan without traveling to a loan office. 

A trustworthy company won’t take hold over your money

They have a fast approval process compared to installment loans and bank loans

If you require a huge sum of money that can be repaid in affordable monthly installments, you could either choose a traditional bank loan or an installment loan from a direct lender. 

However, it may take a while to process your online installment loan, and qualifying for a traditional bank loan is almost impossible if you have poor credit and no collateral. Besides, the approval process can take weeks!

The good news is that there is a better option available. While it may take longer to process an installment loan, you can get approved for a 3-month payday loan in minutes! Yes, you got that right.

There is limited or no credit check required for these types of loans. In fact, the only main requirements are;

  • Proof of employment
  • Your address information
  • Identity verification

 And that is it!

Thanks to this high level of convenience. 3-month Payday loans have a faster processing and approval process compared to other types of loans. You can apply and get approved for the loan in one business day!

At (company name), we offer the latest and most affordable loan products in the market. We are a member of the Online Lenders Alliance. We are always willing and happy to offer our customers with the best loan options, including the 3-month payday loans, cash advances and same day payday loans.

Same day and next day funding cut off times

  •       If we receive and approve your 3-month loan application before 11.40 am Monday through Friday, we will send the funds on the same day by 5.00 pm your time (if you request for same day funding)
  •       If we receive and approve your 3-month loan  application after 11.40 am Monday through Friday, we will send the funds on the next business day
  •       If we receive your 3-month loan on Saturday or Sunday, we will send the funds on Monday or the next business day by 5.00 your time (if you request for same day funding)
  •       If we receive your 3-month loan on a bank holiday, we will review the details and approve the funds on the next business day


Author: Alex Darwin

Alex is a former budget manager turned entrepreneur. He works mainly at home on his credit score advice website and writes a financial blog on the side. He hopes to expand his business into a full online lending company for bad credit as soon as he gets enough investors.