What is a payday loan?

A payday loan is a short-term loan that allows borrowers to get money quickly when unexpected financial emergencies occur. They are usually for small amounts of cash and the application process is simple and, if approved, allows for the quick transfer of funds.

How can I use my loan?

Borrowers can use their loans in any fashion that they please to pay off their unexpected bills or to satisfy their financial obligations. Typically borrowers use them for home repairs, car expenses, medical expenses, to hold them over while job-hunting, for utility bills or other unexpected expenses.

How do I apply?

Applying is easy. Click the link to navigate to the application page and fill out the application in its entirety to see if you are approved.

How much can I borrow?

You can borrow funds in amounts from $100 to $20,000.

When do I have to pay my loan back?

The terms of your loan payback will be discussed after you are approved and connected with a lender. The lender will present you with terms that are unique to your personal situation.

How much does it cost?

The agreement between you and your lender will determine what the fees, rates, and terms of your loan are. It is free to apply.

Will you check my credit?

No, Lendiva does not require credit checks in order to provide borrowers with access to funds. Bad credit will not affect your ability to get a loan from our lenders.

How do I get the money?

After you apply and are approved, you will be presented with the terms of your loan. If you agree a lender will electronically transfer funds into your bank account as soon as possible.

What bank holidays will delay my transaction?

The following holidays are observed each year by all Federal Banks and their branches:

  •  New Year’s Day
  • Martin Luther King, Jr. Day
  • Washington’s Birthday
  • Memorial Day
  • Independence Day
  • Labor Day
  • Columbus Day
  • Veterans Day
  • Thanksgiving Day
  • Christmas Day
What if I can’t pay my loan back on time?
Before you agree to your loan your lender will present you with the terms of your loan. These terms will detail the repayment options and any fees or penalties associated with late paybacks. Ask your lender about the payback terms if you need the details.