Get a Loan Fast!
How much do you need?
$100

  • Your data is safe and secure

  • Zero up front fees or costs

  • Quick, secure and hassle-free online form

  • Paid directly to your bank account fast

Apply For Same Day Payday Loans Online in Massachusetts (MA) with AdvanceSOS

Payday Loans in Massachusetts

A payday loan is a type of small-dollar, unsecured loan usually repaid when you receive your next paycheck (typically between 14 to 30 days). These types of loans are easy to get but are characterized by high-interest rates.

Different states have varying laws guiding access to this type of loan. While it is still allowed in Michigan, it is prohibited in Maryland. In the state of Massachusetts, payday lending is not exactly banned; however, it is highly restricted.

Can I Get a Payday Loan in Massachusetts on the Same Day?

Yes, you can apply for a payday loan online and get it on the same day in Massachusetts. Most payday loan lenders offer same-day payday loans that are processed within a few minutes. You will be notified of the loan status within hours of sending in your loan application. 

In many cases the same day deposit loan is often sent to your account within one business day. Once you agree with the loan agreement, the loan amount you apply for will be sent to your bank account before the next business day.

How Many Payday Loans Can You Have in Massachusetts?

Payday lending is highly restricted in Massachusetts, meaning it will be difficult to get more than one payday loan in Massachusetts. Nonetheless, there are other small loan alternatives you can consider to get money before your next paycheck instead of online payday loans. These include installment loans, title loans, and personal loans. 

Does Massachusetts Allow Payday Loans?

Although it is not illegal, payday lending is restricted in Massachusetts. According to the Division of Banks in Massachusetts, payday lenders must not offer loans that exceed an annual percentage rate (APR) of 23%, making any payday loan that exceeds this interest rate is considered illegal. 
Also, any payday lender offering small-dollar loans must be properly licensed by the Division of Banks before they’re allowed to operate in the state. 

How to Apply for Payday Loans in Massachusetts?

You can apply for Massachusetts payday loans online through loan brokers like AdvanceSOS. In addition to payday loans, brokers allow you to apply for other forms of small money loans like installment loans, title loans, and personal loans. Since payday loans are unsecured, you do not need to provide any collateral to get a loan. 

You simply fill out an online form with your contact details, proof of income, bank account information, and identification documents. This information will be used to match you with a lender that will send you a loan agreement containing the terms of your loan. The loan amount will be sent as a direct deposit to your bank account once you consent to the loan agreement. 

Can I Get a Payday Loan in Massachusetts With Bad Credit?

Yes, personal loan lenders in Massachusetts give loans to borrowers with bad credit. Unlike banks and other financial institutions, you can still get the money you need from an online loan provider regardless of your credit score. 

Can I Get a Payday Loan in Massachusetts With No Credit Check?

Yes, payday lenders don’t need to do a hard credit check on your account before approving your loan. This means they do not send borrower information to credit bureaus to verify their credit history. Online lenders access your creditworthiness through other methods, such as checking your income.

Why Is AdvanceSOS the Best Solution for Alternatives to Payday Loans?

Apply Online – You can apply online from any device with internet access.
Quick Approval – Get fast cash to settle emergency financial needs within 24 hours. 
Trusted Lenders – AdvanceSOS links borrowers with trusted and fully licensed lenders. 
Flexible Rates – Get the most flexible rates you can get on payday loans in Massachusetts
Updated: Dec 1, 2022

What Are The Current Regulations for Payday Loans in Massachusetts ?

Law status available
MIN Loan Amount $100
MAX Loan Amount $1,000
MIN. Loan Term 14 days
MAX. Loan Term 31 days
MAX APR 23%
Additional fees $20 administrative fee
NSF fee None
Collateral or guarantor None, unsecured
Number of simultaneous loans Not stated
Cooling off period None
Rollover Not allowed
Extension, repayment plan Not allowed
Default penalties Criminal actions are prohibited
Credit score requirements Available for Bad Credit

Where Can We Help You Apply for Loans in Massachusetts?

AdvanceSOS offers quickly help you find the top loan offers in cities like Boston, Bridgewater, Falmouth, Newton, Springfield and Waltham.

Boston

Bridgewater

Falmouth

Other cities

Abington Accord Acton Acushnet
Adams Agawam Allston Amesbury
Amherst Andover Arlington Arlington Heights
Ashburnham Ashby Ashfield Ashland
Ashley Falls Assonet Athol Attleboro
Attleboro Falls Auburn Auburndale Avon
Ayer Babson Park Baldwinville Barnstable
Barre Becket Bedford Belchertown
Bellingham Belmont Berkley Berkshire
Berlin Bernardston Beverly Billerica
Blackstone Blandford Bolton Bondsville
Boston Boxborough Boxford Boylston
Braintree Brant Rock Brewster Bridgewater
Brighton Brimfield Brockton Brookfield
Brookline Brookline Village Bryantville Buckland
Burlington Buzzards Bay Byfield Cambridge
Canton Carlisle Carver Cataumet
Centerville Charlemont Charlestown Charlton
Charlton City Charlton Depot Chartley Chatham
Chelmsford Chelsea Cherry Valley Cheshire
Chester Chesterfield Chestnut Hill Chicopee
Chilmark Clinton Cohasset Colrain
Concord Conway Cotuit Cummaquid
Cummington Cuttyhunk Dalton Danvers
Dartmouth Dedham Deerfield Dennis
Dennis Port Devens Dighton Douglas
Dover Dracut Drury Dudley
Dunstable Duxbury East Boston East Bridgewater
East Brookfield East Dennis East Falmouth East Freetown
East Longmeadow East Mansfield East Orleans East Otis
East Princeton East Sandwich East Taunton East Templeton
East Walpole East Wareham East Weymouth Eastham
Easthampton Easton Edgartown Elmwood
Erving Essex Everett Fairhaven
Fall River Falmouth Fayville Feeding Hills
Fiskdale Fitchburg Florence Forestdale
Foxboro Framingham Franklin Gardner
Georgetown Gilbertville Gill Glendale
Gloucester Goshen Grafton Granby
Granville Great Barrington Green Harbor Greenbush
Greenfield Groton Groveland Hadley
Halifax Hamilton Hampden Hanover
Hanscom AFB Hanson Hardwick Harvard
Harwich Harwich Port Hatfield Hathorne
Haverhill Haydenville Heath Hingham
Hinsdale Holbrook Holden Holland
Holliston Holyoke Hopedale Hopkinton
Housatonic Hubbardston Hudson Hull
Humarock Huntington Hyannis Hyannis Port
Hyde Park Indian Orchard Ipswich Jamaica Plain
Jefferson Kingston Lake Pleasant Lakeville
Lancaster Lanesboro Lawrence Lee
Leeds Leicester Lenox Lenox Dale
Leominster Leverett Lexington Lincoln
Linwood Littleton Longmeadow Lowell
Ludlow Lunenburg Lynn Lynnfield
Malden Manchaug Manchester Manomet
Mansfield Marblehead Marion Marlborough
Marshfield Marshfield Hills Marstons Mills Mashpee
Mattapan Mattapoisett Maynard Medfield
Medford Medway Melrose Mendon
Menemsha Merrimac Methuen Middleboro
Middlefield Middleton Milford Mill River
Millbury Millers Falls Millis Millville
Milton Milton Village Minot Monponsett
Monroe Bridge Monson Montague Monterey
Monument Beach Nahant Nantucket Natick
Needham Needham Heights New Bedford New Braintree
New Salem New Town Newbury Newburyport
Newton Newton Center Newton Highlands Newton Lower Falls
Newton Upper Falls Newtonville Nonantum Norfolk
North Adams North Amherst North Andover North Attleboro
North Billerica North Brookfield North Carver North Chatham
North Chelmsford North Dartmouth North Dighton North Eastham
North Easton North Egremont North Falmouth North Grafton
North Hatfield North Marshfield North Oxford North Pembroke
North Reading North Scituate North Truro North Uxbridge
North Waltham North Weymouth Northampton Northborough
Northbridge Northfield Norton Norwell
Norwood Nutting Lake Oak Bluffs Oakham
Ocean Bluff Onset Orange Orleans
Osterville Otis Oxford Palmer
Paxton Peabody Pembroke Pepperell
Petersham Pinehurst Pittsfield Plainfield
Plainville Plymouth Plympton Pocasset
Prides Crossing Princeton Provincetown Quincy
Randolph Raynham Raynham Center Reading
Readville Rehoboth Revere Richmond
Rochdale Rochester Rockland Rockport
Roslindale Rowe Rowley Royalston
Russell Rutland Sagamore Sagamore Beach
Salem Salisbury Sandisfield Sandwich
Saugus Savoy Scituate Seekonk
Sharon Sheffield Shelburne Falls Sheldonville
Sherborn Shirley Shrewsbury Shutesbury
Siasconset Silver Beach Somerset Somerville
South Barre South Carver South Chatham South Dartmouth
South Deerfield South Dennis South Easton South Egremont
South Grafton South Hadley South Hamilton South Harwich
South Lancaster South Lee South Orleans South Walpole
South Wellfleet South Weymouth South Yarmouth Southampton
Southborough Southbridge Southfield Southwick
Spencer Springfield Sterling Still River
Stockbridge Stoneham Stoughton Stow
Sturbridge Sudbury Sunderland Sutton
Swampscott Swansea Taunton Templeton
Tewksbury Thorndike Three Rivers Topsfield
Townsend Truro Turners Falls Tyngsboro
Tyringham Upton Uxbridge Village of Nagog Woods
Vineyard Haven Waban Wakefield Wales
Walpole Waltham Ware Wareham
Warren Warwick Watertown Waverley
Wayland Webster Wellesley Wellesley Hills
Wellfleet Wendell Wendell Depot Wenham
West Barnstable West Boxford West Boylston West Bridgewater
West Brookfield West Chatham West Chesterfield West Chop
West Dennis West Falmouth West Groton West Harwich
West Hatfield West Hyannisport West Medford West Millbury
West Newbury West Newton West Roxbury West Springfield
West Stockbridge West Tisbury West Townsend West Wareham
West Warren West Yarmouth Westborough Westfield
Westford Westminster Weston Westport
Westport Point Westwood Weymouth Whately
Wheelwright White Horse Beach Whitinsville Whitman
Wilbraham Williamsburg Williamstown Wilmington
Winchendon Winchendon Springs Winchester Windsor
Winthrop Woburn Woods Hole Woodville
Worcester Woronoco Worthington Wrentham
Yarmouth Port

    Ask an expert