Online Payday Loans

Online payday advances are short-term, small-dollar personal loans that are usually paid back on your next pay date. Payday advances are also referred to as payday loans, same-day loans, single-pay loans, payday cash advance loans, or cash advance loans.


These types of short-term personal loans generally have a quick application process; however, these loans should only be used to cover emergency expenses.

Ready to Apply?

Need cash to cover expenses that pop up between paychecks? Apply for a MoneyKey Payday Loan online or by phone and get a quick response.


  • Be of legal age to contract in your state
  • Be a US citizen or Permanent Resident
  • Live in the state where the payday loan is offered
  • Have an active bank account
  • Have a regular source of income
  • Have a valid contact number and an active email address

Apply Online

Apply for an online Payday Loan and receive your money as early as the next business day.


Speak to an Agent

If you prefer applying over the phone, call us at 1-866-255-1668 Our friendly and knowledgeable Customer Care agents are standing by, ready to assist you.


How much can I borrow with a payday loan?

The amount of money you can borrow with a payday loan can vary based on your financial situation, the state you live in, and the lender you’ve applied for a loan with. The maximum loan term will vary state by state as well.

Keep in mind that just because a lender may offer a loan of up to $500, doesn’t mean you will be approved for the full amount. Your history as a borrower, other major expenses, and income may factor into the amount you’re approved for.

Applying for an online payday loan

Typically, if you’d like to apply for small online payday loans, you might start by doing a search for online payday advances and look for an online payday loan organization that offers payday loans in your state. Once you’ve found a lender that suits your needs, complete the online application and wait to see whether it has been approved.

Paying back my short-term personal loan

As mentioned previously, the term of your payday loan will vary between states and lenders, but your full balance is generally due on your next pay date.

Some lenders may charge additional fees if you aren’t able to make your scheduled payment. Before applying for a short term personal loan, it’s always important to make sure you have a pre-determined plan to pay off what you’ll owe to avoid accruing additional fees. You should never take out a loan if you don’t have the means to pay it back.

Payday Loan Requirements

The requirements for online payday advances will generally vary between lenders, but there may be general qualifications that many lenders will require. General qualifications usually include having an active bank account, being of legal age to contract in your state and being able to show proof of income.

However, even if you meet these criteria, there’s no guarantee that you’ll be approved for a loan. This could be because:

  • You may not have a high enough income. Some lenders may set minimum income requirements.
  • Your bank account is too new, or you’ve only recently started your job.
  • You don’t meet certain state-specific requirements.

When to use an online payday advance

A payday advance should only be used to pay for an unexpected emergency expense between your pay periods. If you can’t afford to repay the loan amount and any related interest or fees in full by your next paycheck, then a payday loan is NOT recommended.

Short term loans may be helpful in emergency situations, such as replacing a car tire or radiator. A payday advance may be used to take care of emergency fixes in your home, like replacing a leaky pipe. These loans should only be used as a last resort if you’re unable to cover these expenses with your savings.

What’s the difference between online payday loans and installment loans?

When it comes to personal small-dollar online payday loans and installment loans, both types of loans should typically only be used when you need extra money for a short period of time to cover the costs of unexpected emergencies.

However, one of the main differences between them is the timeframe for repayment. Payday loans online are typically due in full on your next pay date, whereas payment due dates for installment loans are typically spread out over several weeks or months. So, if you are considering a payday loan online, plan ahead so you are prepared to pay off the total amount due when you get your next paycheck.

What are some potential payday loan alternatives?

If a payday loan isn’t right for your situation and you want to look for alternatives, you may consider:

  • Personal installment loans. As mentioned previously, these short term personal loans spread your payments out over the course of weeks or months. This may make it easier for you to make all your payments on time.
  • credit cards. If you have access to a credit card and know you’ll be able to pay off your purchase in a timely manner, this may be another viable option.
  • Use your emergency fund. If you have an emergency fund, emergency expenses are what you should be using it for. If you don’t have one already, try setting aside a bit of money each month to contribute to one.

Getting money couldn't get any simpler!

Easy, Quick & Secure Online Payday Loans

Submit Online

Sign Loan

Get Money In
Your Bank

Find out what our Customers have to say about MoneyKey:

Superior service
"The attention to detail is outstanding. Very friendly and helpful."
- Darlene

Easy to work with
"I've used MoneyKey several times over the past 4 years. I found it easy to work with them."
- Greg

"MoneyKey is wonderful to work with! If I had a question it was always answered correctly and promptly."
- Desiree