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How it works

Discover how you can get a payday loan with AdvanceSOS with four (4) easy steps. Get a loan without a credit check, guarantor or collateral today!

4 Easy Steps for Getting A Payday Loan Online

Step 1: Fill in the Loan Application Form.

You can access our online application form using any device. Our virtual financial assistant will assist you and guide you throughout the process. So you can safely and securely complete it in as fast as 5 minutes!

All the information you need to complete the loan request:
  • Personal Information
  • Employment Information
  • Contact Information
  • Deposit Information

Make sure to supply true, up-to-date, and accurate information for fast approval. Any incorrect information will delay the loan request and cause undue complications. Be sure you read our Legal Terms and Conditions before submitting your application.

Step 2: Receive the Offer

You will immediately see all the loan options you can choose. You can click each offer to view the complete loan details to analyze and compare them.

Here are 5 guide questions you can use to compare loans offers from different lenders:
  • Who has the most reasonable interest rate or APR?
  • Who has lower penalty fees in case of early or late repayment?
  • Who has the most comprehensive and clear terms and conditions?
  • Who has the loosest terms for negotiation in case I cannot make my payment on time?
  • Who has the best reputation with great feedback and reviews from past customers?

You can use the comprehensive guide questions above to screen your options for the top deals. Ask the lenders questions to clarify any confusion. Read all the details of the offer before committing to one. Compare and analyze based on your financial needs and goals.

Step 3: Sign the Agreement

You are now one step away from getting your payday loan! Make sure you agree to all details of your contract before signing.

Pay attention to the following aspects related to your loan agreement:
  • Interest rate and Annual Percentage Rate (APR)
  • Early, late, and other penalty fees
  • Payment Due Date
  • Payment Method

Triple-check all the information in the contract. Inform your lender about any incorrect or missing information in your contract. Sign only when ALL the information in the contract is correct and complete.

Signing your loan agreement binds you to follow its terms by law. You need to repay your lender in full, on time to fulfill your end of the agreement and avoid penalty. Your loan contract is the legal document of your loan. Keep a copy for future reference.

Step 4: Get Your Money

Your lender will deposit the amount of your loan to the bank account you provided. You can withdraw it in cash within 24-48 hours, depending on the agreed terms with your lender. Holidays and weekends can delay the deposit process, as banks do not operate during such days.

Here are the responsible borrowing rules you need to follow:
  • Use your loaned money wisely.
  • Repay your loan in full on time.

How Can AdvanceSOS Help You Find The Money You Need

Cash emergencies can be a pain. Not everyone has emergency funds or capable family and friends who can help us in times of need. Sometimes you can feel helpless with no one to turn to. 

AdvanceSOS provide premium services to people with short-term small-dollar cash needs. We have a strong network composed of the top lenders in the industry, ready to help at once. We configured our application process to be as basic and quick as possible. We can help our customers get loans in as fast as 5 minutes, money withdrawable in 24 hours!

AdvanceSOS offers all its connection services free of charge. Note that we are not a lender, we are a lending broker. We have a stringent screening process to filter the lenders in our network. We refer borrowers to lenders and vice versa. We are not included as a liable party in all loan agreements and thus, share no responsibility. We receive a small commission only after every successful loan transaction.

Requirements for Getting an Online Loan

Here are the basic requirements you need to get the top loan deals with AdvanceSOS,

  • Proof of Identity, e.g. government-issued ID
  • Proof of Address, e.g. utility bill under your name
  • Proof of Income, e.g. recent pay stub or government check
  • Personal Bank Account Details

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